Fund Auditor - 2026 Starting A Fund

What this episode covers

Background: Stephen Vlasak is a Partner in the Alternative Investments practice at Richey May. He develops new client relationships within the financial service industry, working extensively with hedge, broker dealers, registered investment advisors, private money lenders, private equity and venture capital funds. Stephen enjoys his role as a connector in the financial community and is very involved with providing introductions and advice that help newly launched entities grow and thrive.  In addition, Stephen provides audit services to clients backed by over 20 years of audit experience within the commercial and financial service industries. Stephen specializes in alternative investment clients, including domestic and offshore hedge funds, broker dealers, investment advisors, commodity pools, master-feeder structures, and funds of funds. Stephen advises his clients on initial organizational structure, audit processes, the management of operational matters and regulatory needs. In his current position at Richey May and his prior job at Rothstein Kass, Stephen has accumulated significant operational experience. He has been heavily involved in the development and leadership of local office practices, including business development, recruiting, networking, budgeting, scheduling, and fore Description: Join Mike Schroeder and Skyler Steinke from the Alt Funds Network as they discuss the essentials of auditing in alternative investment funds with Stephen Vlasak from Richey May, a CPA firm specializing in these types of investments. This episode covers the audit process, its importance for fund managers, and how to prepare for audits. Stephen outlines the key aspects of an audit, the division of labor between auditors and administrators, and the costs involved. Learn why early involvement of auditors is crucial and how to avoid common pitfalls when launching a fund.