Citrin Cooperman
Client Portal Login
Connect With Us:  
text size text decrease text increase

Broker-Dealers

Focus on being a step ahead of the curve

Increased regulation and more stringent compliance are forcing broker-dealers to get a better grasp of their internal controls. With standards and rules changing every day, you need someone on your side who has a deep understanding of what it takes to help you navigate the demands of this fast-moving industry.
Citrin Cooperman’s dedicated broker-dealer practice is at the forefront of these changes. We currently provide services to more than 40 broker-dealers, ranging in scope from single-office to global clients, including:

  • Broker- dealers dually registered as investment advisors
  • Broker-dealers registered under Rule 15a-6
  • Broker-dealers that execute for financial institutions
  • Clearing and carrying brokers
  • Investment bankers
  • Members of the National Futures Association
  • Proprietary traders
  • Underwriters

On the ground with you

Building strong client relationships starts with the connection. Our partners are actively involved with the engagements from start to finish providing direct access with our clients on a daily basis.   Our partner to client ratio rates among thelowest  of our competitors, and we take pride in the low turnover of our teams.

We consider it our job to stay up to date on the latest news in regulatory compliance. Our professionals provide guidance and support to ensure our broker-dealer clients understand and execute necessary measures to comply with all regulatory rules and updates.  We communicate early and often to help you better prepare for any pending compliance issues and potential impact to you as a result of implementation. 

Our practice provides consulting, audit, and tax services to broker-dealers of all sizes. We are veterans in the securities industry and are active members of SIFMA Internal Audit Society, the New York State Society of Certified Public Accountants, the Stock Brokerage Accounting Committee, and the American Institute of Certified Public Accountants. We work with chief executive officers, compliance officers, and both in-house and outsourced financial & operations principals (FINOPs).

Services

Clients engage us for the following:

  • Advisory services as they relate to FINRA, the SEC, CFTC, the National Futures Association, and other regulatory agencies
  • Business tax return preparation and review as well as principals’ individual tax returns, as appropriate
  • Customer reserve computation
  • Evaluation and improvement of internal controls
  • Financial statement audits
  • Initial capitalization and organizational structure
  • Internal accounting
  • Net capital accounting assistance and back office operations
  • Personnel and human resource operations

We also provide a wide array of other business services such as:

Service Overview