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Gain knowledgeTrust companies

Comprehensive regulatory guidance for trust companies and investment managers 


With a comprehensive suite of audit and tax services, we provide deep knowledge of the complex regulatory and fiduciary obligations faced by trust companies and investment management firms alike. Our team works closely with trust clients to ensure compliance with the rules and regulations that inform SEC special reporting—including SEC paragraph (a)(1) and Rule 206(4)-2 of the Investment Advisors Act of 1940. Working in the context of these complex regulations, we understand and follow the strict procedures necessary to evaluate and ensure the adequacy of each client’s fiduciary processes and controls.

In our capacity as auditors and oversight consultants, we serve the unique needs of:

  • Trust companies
  • Trust departments in financial institutions
  • Investment management firms that work with high net worth individuals, family trusts, small businesses, and not-for-profit organizations


Attest services are provided by BDMP Assurance, LLP, a licensed CPA firm.

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"At Community Financial Services Group, we take our fiduciary responsibilities seriously and place the highest priority on maintaining strong internal controls and compliance standards. We engaged BerryDunn to perform agreed-upon procedures over our trust and investment management activities. Throughout the engagement, their team was professional, thorough, and responsive. They reviewed key areas of our operations and provided clear communication at every step. Their process was collaborative, efficient, and respectful of our staff’s time. BerryDunn’s expertise and insights add real value to our operations, and we look forward to continuing this relationship in the years ahead."

Joe Preddy, President and CEO, Community Financial Services Group 
 

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Agreed-upon procedures with expertise and insight