After your Hedge Fund is Launched Consider how you are going to handle the fund's administration. We can handle the preparation of your fund level accounting and annual income tax return filings with Schedule K-1s for a reasonable fee. You don't need any other service providers as we can handle all your business and tax needs under our roof. Why not focus on what you do best and trade? Our hedge fund accounting and administration services are offered ala carte, so you can choose what works for you. We offer monthly basis NAVs, performance records, brokerage statement reconciliation, advisory fee billing, etc. Call Hannah Terhune, veteran hedge fund and international tax attorney at (307) 213-4732 oremail her if you want to discuss these services or if you have any questions.
Keep Fund Accounting Simple The manager who has a highly complex performance allocation and expects the financials and tax returns by March 1 is tempting fate. The manager must recall that once the investor is promised something, less cannot be given. At the very least, no manager wants to go back to investors and ask them to sign amended fund documents about how the manager's own cut of the profits is determined.
What is a hedge fund back office? Many clients are accustomed to being a one-person business, trading from their home office. They are interested in trading for others to leverage their knowledge and make more money, but they don't want to change how they work. They don't want to have to hire accountants and secretaries, or rent an office or gain tons of paperwork. They don't want to spend their days with attorneys, accountants, consultants and business operation hassles. CapitalManagementServicesGroup.com, Inc. provides a full range of these servcies. Our virtual Web-based and e-commerce solutions take the hassle out of your trading, investment management and fund business. Our clients work from home, without any of the above-mentioned hassles. Capital Services Group, LLC, handles all of the charges to your investors for the management fees and the performance allocations as well as prepares the statements for investors. Most of our clients use our hedge fund accounting services on a monthly basis; others choose weekly, quarterly, annually or whenever they like. The work product includes NAV, performance records, brokerage statement reconciliation, advisory fee billing, performance allocation, investor changes, and other related reports.
Customer Testimonial I am extremely pleased with the high level of service provide by Hannah and her team of associates. They were easy to work with and their professionalism and the timeliness of deliverables far exceeded my expectations. Not only do I recommend using Capital Management Services Group to others contemplating forming a fund but I look forward to using them again in the future as my fund's needs grow. Tuesday, July 01, 2008 Axxx Mxxxx, Lxxxxxx Capital Management
Administrative Services Subscription processing, AML Assistance, investor screening (extra charge). Liaise with auditors. Investor qualification. Prime broker introduction (if requested). Compliance advisory
Accounting Services Accounting provided for your fund's holdings and transactions. All products supported including equities, derivatives (i.e. options, futures, spot FX, currencies) fixed income and mortgage securities, Sec. 1256 contracts, mutual funds. IRS approved layering and aggregate allocation methods for the allocation of gains and losses between investors. Basic monthly performance reports. Performance reporting to your clients. Data Storage. Accrue and record charges of incentive and administrative fees by individual partners and classes including high water marks, benchmarking and hurdle rates. Performance provided by entire fund and each individual partner. Capital flow record keeping, including contributed securities. Referral commissions can be tracked and separately charged. Provision of database records in user friendly format if needed (i.e. Excel, Access). Separate tax withholding for foreign partners if applicable.
Tax Services Tax return for the fund Form 1065 (or equivalent) and K-1s plus detailed supporting schedules. Includes schedule D detail. State returns available for additional charge. Tax advisory services (at extra charge). All returns prepared and signed off by CPA.
Customer Testimonial Hannah Terhune and Capital Management Services Group offer a cost effective, comprehensive solution for anyone looking to launch or manage a hedge fund operation. We are a small company operating under a tight budget and we initially decided to use Capital Management Services because they offer great value at an extremely competitive price. Without the customized services and flexible financing solutions Hannah offered, a successful launch of our fund would have been impossible. From day one, Hannah has provided valuable guidance each step of the way along this complicated process. After working with Capital Management Services Group for eight months, it is clear that not only does the group provide services at a great value, but they also have an impressive amount of experience. For every problem we have encountered along the way, Hannah and Capital Management Services Group have been able to provide a quick and affordable solution. To date, Capital Management Services Group has helped us with registration as an investment adviser, compliance issues, drafting offering documents and ongoing administrative services. Capital Management Services Group has consistently provided quality and comprehensive solutions at great price and it is for this reason that we will continue to use their services for all of our ongoing needs. Rene Anziani, Quantsoft Advisers, LLC Sent: Wednesday, June 25, 2008
Customer Testimonial Hannah and her team were absolutely perfect for us. We needed reasonable prices, exceptional attention to detail, and someone that explained each step along the way. Getting a new fund off the ground can be a complicated and convoluted process. Hannah's team helped us sidestep any frustration along the way by always being accessible by phone or a quick email. We shopped around a lot before committing to a legal firm. Working with Hannah and team was a screaming bargain for the amount of personal attention and top quality work we received. In hindsight, our decision couldn't have been more perfect. Thanks! From: Rxx Fxxxxx Sent: Friday, August 15, 2008
Customer Testimonial We began working with Hannah Terhune and Capital Management Services Group in July of 2006. Ms. Terhune has been a very patient and informative source for us as she has maneuvered us through the intricacies of organizing a spot forex fund. In addition to writing our fund offering documents, her firm has guided us through the sometimes overwhelming process of completing the necessary paperwork involved with beginning a fund. Ms. Terhune has continued to be a reliable asset for our company as she has consistently provided us with superior legal advice and assistance. Cxx Dxx Sent July 30 2008
CapitalManagementServicesGroup.com is recognized by discriminating fund managers and traders as being the foremost tax and legal authority in the business. Attorney Hannah Terhune's education and experience are unsurpassed in the area of hedge funds creation and management platforms, and the complex body of tax laws related thereto. Ms. Terhune's exensive knowledge and experience have made her an indispensable resource for serious fund management and trading professionals. Ms. Terhune's articles on the subjects have appeared in over 100 publications worldwide. Chances are, if you have read about the above matters, Ms. Terhune has written about them. Give us the opportunity to use that knowledge and experience for you. CMSG provides the best services and support needed for hedge fund projects and associated activities in one convenient place, saving you time and energy. No need to coordinate work between different firms; we handle the entire process from start to finish. We offer hedge fund and money management accounting, tax services, tax preparation, consulting, entity and retirement plan formation services. Our professionals provide the highest quality services at competitive rates. But don't take our word for it, give us a call and let us prove what we can do for you. Read our Customer Testimonials and learn more About Us.
Personal Consultations and Fees You get answers to your specific questions by speaking directly to Hannah Terhune, an experienced hedge fund attorney. Ms. Terhune's hard-earned knowledge and experience can be put to work to save you unnecessary steps and costly wasted effort. The consult is an invaluable opportunity to speak to Hannah one-on-one, and learn how to achieve more in less time. As a result, you can anticipate that the return on your investment will far outweigh the costs associated with our unsurpassed services. Of course, fees are a necessary part of the consultation. Ms. Terhune's credentials reflect an invaluable resource that combines a well-informed professional practitioner with sound ethical judgment that cannot be over-estimated. The expertise required to recommend best solutions and provide sound advice should never be taken lightly. We are confident that when you are finished with your consultation, you will be impressed and more informed about your business plans than ever before. Call (307) 213-4732 or Click Here to Request Services.
Our Commitment Henry David Thoreau wrote: "Do not hire a man who works for money, but him who does it for love of it." We are committed to your business plans and bringing you the best possible options. We are an established and internationally recognized business that serves and educates our clients throughout the industry. We do this by striving for the best results. Above all, we are a law firm. A lawyer is a philosopher and role model. The ability to improve our clients' lives is a privilege that we do not take lightly. There is tremendous power in being able to effect a positive change in our clients' lives. Our aim is to welcome our clients and to provide a comfortable, warm environment for all. We believe that making our clients feel comfortable and confident with the process provides the basis for a constructive relationship built on mutual trust. time. Thanks for visiting our website. We hope to have the opportunity to serve you.