Your fund performs.
Your back office doesn’t.
Investment firms need institutional-grade financial operations — but most run on spreadsheets and manual processes. We install a financial operating system that brings discipline to fund operations, LP reporting, and management company economics.
Book Your Scale-Ready Assessment
Free diagnostic for investment firms doing $1M–$20M in management fees.
Fund Performance Dashboard Last 12mo AUM GROWTH $48M Jan Apr Jul Oct Dec MGMT FEE 1.2% PERF. FEE 18.4% EXPENSE RATIO 0.85% ! Mgmt co overhead misallocated: $84K flagged
AUM Growth vs Fee MarginLast 12 months
AUM Fee Margin
JanMarMayJulSepNov
AUM growth+54%
Fee margin−18%
Overhead gap+$240K
The Problem
Bennett Financials
Build the financial clarity to scale with confidence.
Free Scale-Ready Assessment — see how your business scores on the 60/15/15 standard.Book yours →
Investment Firms
AUM keeps climbing.
So why are fee margins shrinking?
Your fund is growing. But your management company P&L doesn’t reflect it. Fund expenses are tangled with management company overhead. LP reporting is assembled manually every quarter. Waterfall calculations aren’t documented well enough to survive scrutiny. K-1 timelines slip. And nobody has a clear picture of whether the management company itself is profitable. When LPs or auditors dig in, the operational gaps become visible. That’s not an investment problem — it’s the same visibility problem we fix in every service business.
The 60/15/15 Standard
We diagnose in order. COGS, S&M, then G&A.
60% gross margin. 15% investor relations & capital raising. 15% overhead. That leaves 30% operating profit. Here’s how we get your investment firm there.
Fund Operations
AUM
$48M
Mgmt Fee
1.2%
NAV Accuracy
97.2%
Fund expense misallocation found**$84K**
Step 1 — COGS
Fund Operations & Compliance Infrastructure
In investment firms, COGS is fund administration, compliance costs, and audit fees. Before we touch margin, we reconcile fund-level accounting. Your NAV must be accurate, your close process consistent, and your fund expenses properly allocated — or every downstream number is wrong.
Monthly and quarterly fund close discipline
Management fee calculation and tracking
Fund expense allocation and NAV reporting
Capital Activity
LP Commitments$48M
Capital Called$36.2M
Distributions$8.4M
LP reporting qualityInstitutional grade
Step 2 — S&M
Know your cost to raise — by LP channel.
Target: 15% of management fee revenue on investor relations and capital raising. Most firms don’t track IR costs by channel. We break down your cost to acquire and retain LPs — placement agents, events, IR headcount — so you know which relationships actually pay back.
Capital call notice preparation and tracking
Distribution calculation and documentation
LP commitment and contribution reconciliation
Mgmt Co P&L
Mgmt Fee Revenue$2.4M
Operating Costs$1.8M
Net Margin25%
Target margin: 35%+$240K
Step 3 — G&A
Management company economics that survive scrutiny.
Target: 15% of revenue on G&A. Investment firm overhead is typically rent, technology, admin headcount, and a growing compliance stack nobody audits. We separate your management company P&L from fund operations — so you know your true overhead, profitability, and path to sustainable economics.
Management fee revenue forecasting
Overhead allocation between management co and funds
Profitability analysis and compensation planning
Tax & Entity Strategy
Entity structure optimized
Carried interest documented
K-1 timeline streamlined
Tax savings identified**$118K/yr**
Deployed Alongside
Fund entity structure & tax strategy.
Fund structures create unique tax complexity. We manage it. From GP/LP entities to carried interest treatment, we keep your tax position optimized year-round — turning improved fund economics into real after‑tax wealth through entity structure and tax strategy.
GP/LP entity structure optimization
Carried interest and management fee tax treatment
K-1 preparation support and partner tax planning
Case Studies
Don’t just take our word for it.
Eden Data
“We grew from zero to $300K MRR with Arron’s leadership.”
Taylor Hersom Chairman, Eden Data
VirtualCounsel
“A team we can rely on, with rapid-fire responses and consistent support.”
Daniel Goodrich CEO & Founder, VirtualCounsel
RHFL
“He brings creative ideas and valuable insights that have transformed our business.”
Daniel Passarelli Co-Founder, RHFL
NuSpine
“Strategic finance helped us scale, exit, and reinvest with confidence.”
NuSpine Chiropractic Healthcare & Franchise
Veterans Fleet
“Bennett Financials gave us the financial clarity we needed to grow.”
Veterans Fleet Management Fleet Services
Chimney Scientists
“A complete tax transformation that changed how we run our business.”
Chimney Scientist Home Services
Optmyzr
“Saved $185K+ in taxes while scaling global operations.”
Optmyzr SaaS & Ad Tech
Motiv Marketing
“Eliminated $402K in tax liability — and got a refund.”
Motiv Marketing Marketing Agency
How It Works
From first call to deployed system.
1
30-Minute Assessment Call
We discuss your current state, your goals, and whether we’re the right fit. No pitch deck — just an honest conversation.
2
Scale-Ready Assessment
We stress-test your books, fund operations, cash position, tax strategy, and operational dependency. You get a Scale-Ready Report with green/yellow/red scoring and the top blockers prioritized.
3
System Installation
Full financial operating system: clean books, reconciled fund accounting, deployed tax strategy, live dashboard, and monthly CFO cadence. Typical deployment: 90 days.
Results
The system works. Here’s what it looks like.
90 days
Time to full financial system deployment.
$402K
Tax liability eliminated through entity restructuring and strategic planning.
$96.2M
Revenue under management.
Sound Familiar?
Three signals your investment firm has an operations problem.
If any of these hit home, the 60/15/15 diagnostic will show you exactly where the leak is and how to fix it.
AUM is growing but your management company P&L is tangled with fund expenses.
Fund admin costs, compliance fees, and management company overhead are all lumped together. You can’t tell if the management company is profitable on its own — and neither can your LPs when they ask.
LP reporting is assembled manually every quarter from spreadsheets.
Capital account statements take days to compile. Distribution notices go out late. Your LP reporting isn’t at the institutional grade your investors expect — and it’s becoming a risk to your next raise.
K-1 timelines slip every year and waterfall calculations aren’t documented.
Your tax preparer gets the data late. Waterfall models live in one person’s spreadsheet. Carried interest treatment isn’t optimized. And every year, the same fire drill repeats — because nobody built the system to prevent it.
Free for investment firms doing $1M–$20M in management fees.
Get Started
Stop making decisions on gut feel.
The Scale-Ready Assessment shows you exactly where your fund operations stand — profitability scorecard, tax strategy overview, and a clear picture of what to fix first.
Book Your Scale-Ready Assessment
Free for investment firms doing $1M–$20M in management fees.
Ready when you are
Get clear on the next financial move for your business.
Book a no-pressure conversation with the Bennett Financials team.