Commodity Pools and trusts

Audit Services

The futures and derivate industry is constantly under scrutinity from the public eye.  Investors need more transparency and require more assurance from managers of commodity pools.  Economic pressures, tighter regulatory controls and investor concerns have notably impacted the industry.

Our firm applies the highest standards of auditing to every engagement and our team knows the intricacies of the commodity industry.  We conduct detailed audits that independently verify the accuracy of financial reporting to provide assurance to investors.

Highlighted areas of Service:

  • Audits, reviews and compilations of financial statements in accordance with GAAP and CFTC regulations
  • Examinations of historical performance records
  • Other regulatory compliance


Tax Services

With access to the latest software and regulatory developments, tax return preparation becomes a stream-lined process.  We pride ourselves in paying great attention to detail, as well as providing timely filed corporate and partnership returns on a federal, state and local level.

We actively seek to offer planning opportunities to our clients by constantly evaluating their current situation.  We can assist in the choice of entity and structuring the company in the most advantageous way to lessen tax burdens and increase efficiency.

Highlighted areas of Service:

  • Tax Planning and Compliance
  • Organization and Structuring
  • Federal, State and Local Return Preparation including K-1’s
  • Corporations, Partnerships, Individuals and Trusts


Other Services

Summit LLC partners with several other experts in the commodity pool industry to provide third-party independent services relating to:

  • Partnership Agreement drafting
  • Preparation of offering documents
  • Advisory legal counsel
  • Pool administration