A registered investment adviser (RIA) is an individual or firm who manages and advises investment portfolios. Advisers who have more than $110 million in assets under management (AUM) are generally required to register with the SEC. The Registered Investment Advisers … Continue reading
Category Archives: OIA (Other Independent Audits)
2020 Audit Firm Market Share of ERISA
The Federal Employee Retirement Income Security Act of 1974 (ERISA) requires entities or sponsors that offer post-employment benefit plans to disclose audited financial information to plan beneficiaries. ERISA establishes the minimum standards for employment benefit plans, including pensions, 401(k) accounts, … Continue reading
2021 Auditor Market Share of Non-Profits
Non-Profits are required to obtain an audit if the organization receives $750,000 or more in federal funding in a single fiscal year. Accordingly, this includes the audit of the institution’s financial statements and the federal award received. These disclosures can … Continue reading
2021 Auditor Market Share of Broker-Dealers
Broker-Dealers are firms or individuals in the business of buying and selling securities on their clients’ behalf or for themselves. They are required by the SEC to have their financial statements audited annually, disclosed in x-17a-5 filings. The Broker Dealers … Continue reading
2021 Auditor Market Share of Insurance Companies
Since all insurance laws and regulations are established individually by state, the National Association of Insurance Commissioners (NAIC) was organized to coordinate standards and regulations nationwide. Unless a company receives an exemption from filing, the NAIC requires all members to … Continue reading
2021 Auditor Market Share of Banking Institutions
Banking institutions are defined as financial institutions which are legally allowed to accept monetary deposits from consumers. Audit Analytics’ Bank Holding Companies database collects records dating back to 2005 and covers all banking institutions that file forms FR Y-9C, FR … Continue reading
2022 Audit Firm Market Share of Private Funds
In general, private funds fall into two main categories: private equity funds (42%) and hedge funds (24%). However, there are additional smaller types of private funds that include venture capitalist funds (14%), real estate funds (8%), and others (12%). Registered … Continue reading