DSF Advisors

What DSF Advisors does

DSF Advisors is a privately held professional services firm founded in 2020 by Managing Partner Wilfredo Rodriguez, CPA, providing outsourced CFO, COO, accounting, fund operations, tax, and regulatory compliance services to emerging asset managers, real estate investors, family offices, and startups. The firm is organized around six integrated service modules: Fractional CFO Services (strategic financial planning, waterfall and carry calculations, vendor management, investor relations, GIPS coordination); Accounting and Financial Reporting (fund and management company accounting, portfolio/project accounting, Shadow NAV preparation); Fund Operations (formation, LPA/PPM, prime brokerage setup, service provider selection); Back Office Support (trade settlement, corporate actions, custody reconciliations, OMS/EMS selection); Tax Services (partnership returns, K-1 issuance, ASC 740, domestic and international structuring); and Regulatory Compliance Support (SEC compliance program monitoring, Form ADV, audit response).

The firm's business model is custom-quoted professional services delivered through direct, relationship-based engagement, with no publicly disclosed pricing tiers, no intermediary or reseller channels, and a single New Jersey-based contact point. Distribution relies entirely on the founder's network, the company website, and inbound consultation requests. There is no proprietary technology platform, no AI/ML capabilities, and no disclosed integrations; the offering is human-delivered expertise rather than a scaled software or platform business. Headcount is 1–10 and the firm is founder-owned with no institutional investors, parent company, or disclosed funding.

The competitive posture rests almost entirely on the founder's credentials: over 20 years of financial services experience, eight years as CFO/COO of AshmoreAVENIDA overseeing $300M+ in real estate fund AUM and leading its M&A integration with Ashmore Group, and eight years as an Audit Manager at PwC servicing top private equity and hedge fund clients. This makes the firm highly differentiated on talent but simultaneously concentrated in execution risk around a single principal.

Name

DSF Advisors

Legal name

DSF Advisors

Website

https://dsfadv.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

DSF Advisors is a founder-led, Hackensack-based outsourcing firm founded in 2020 that provides fractional CFO, accounting, fund operations, back-office, tax, and regulatory compliance services to emerging asset managers, real estate investors, family offices, and startups.

Ownership category

akta.pro rank

Product category

Outsourced CFO and Fund Operations Services

NAICS

Offices of Certified Public Accountants (541211), Management Consulting Services (54161)

SIC

Finance Services (6199)

akta.pro primary industry

Outsourced Finance & CFO Services (BPAHABAE)

akta.pro secondary industry

Sub-Accounting & Platform Servicing (Omnibus, Intermediary/NSCC, Retirement Platforms) (FSAAAMAI)

Keywords

• Fractional CFO services
• Fund operations outsourcing
• Outsourced accounting services
• Tax compliance services
• Back-office fund support

Headquarters

HQ city

Hackensack

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Professional Services - Fractional CFO: Recurring professional services revenue from providing fractional CFO services to emerging asset managers and real estate investors. Services include strategic financial planning, fund operations, and investor relations support delivered on an ongoing basis.
2. Accounting & Financial Reporting Services: Financial reporting and accounting services generating recurring revenue through periodic engagements for fund accounting, portfolio/project level accounting, and financial statement preparation including Shadow NAV.
3. Fund Operations & Back Office Support: Middle and back office services including trade settlement, corporate actions management, custody reconciliations, and institutional client reporting. These operational support services provide recurring revenue from fund manager clients.
4. Tax & Regulatory Compliance Services: Tax preparation, filing, and advisory services including K-1 issuance and regulatory compliance support for SEC-regulated fund managers. Professional services revenue with periodic compliance cycles.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels2 records

Core offering

DSF Advisors is an outsourcing service provider that delivers fractional CFO services, accounting and financial reporting, fund operations, back-office support, tax services, and regulatory compliance support to emerging asset managers, real estate investors, family offices, and professional services firms. Founded in 2020 by Wilfredo Rodriguez, CPA, the firm provides institutional-grade financial infrastructure without requiring clients to build full-time internal finance teams.

Product overview

DSF Advisors provides a suite of outsourced CFO/COO professional services for emerging asset managers, real estate investors, and professional services firms. The offering consists of six integrated service modules: Fractional CFO Services (strategic financial leadership), Accounting and Financial Reporting (fund and management company accounting with Shadow NAV), Fund Operations (fund formation and operational setup), Back Office Support (trade settlement, custody reconciliations, portfolio reporting), Tax Services (partnership tax returns, K-1s, tax structuring), and Regulatory Compliance Support (SEC compliance, Form ADV, audit support). These services work together to provide comprehensive financial infrastructure for fund managers without requiring full-time internal staff.

Differentiator

Problem solved

Functional benefit

Products and services

• Fractional CFO Services

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• BDO USA: BDO's Asset Management practice provides audit, tax, and outsourced operational services to alternative investment managers. Comparable to DSF in tax, regulatory compliance, and fund accounting delivery, though operating at substantially greater scale and breadth.
• EisnerAmper: EisnerAmper is a top-tier accounting and advisory firm with a dedicated Financial Services Group serving hedge funds, PE, real estate funds, and family offices. It overlaps DSF on outsourced CFO, fund accounting, tax, and SEC compliance work but operates at much greater scale with broader service lines and geographies.
• CohnReznick: CohnReznick provides accounting, tax, and advisory services to the investment management industry, including fund accounting, tax compliance, and outsourced CFO for alternative asset managers. Comparable to DSF's fund services and tax offerings, but at significantly larger scale and with deeper technology investments.
• SS&C Technologies (GlobeOp fund services): SS&C's fund administration business (including GlobeOp) provides middle- and back-office fund services to hedge funds and PE managers, including trade settlement, NAV, and investor reporting. It is a scaled incumbent competitor to DSF's back-office support offering.
• Citco Fund Services: Citco is a global leader in fund administration, corporate services, and outsourced operations for alternative investment managers. Overlaps with DSF on fund accounting, NAV, and back-office services for asset managers, but serves much larger institutional clients.
• WithumSmith+Brown: Withum's Financial Services practice serves hedge funds, private equity, venture capital, and family offices with fund administration, tax, audit, and outsourced CFO services. Comparable service mix to DSF with overlapping emerging-manager clientele, but as a much larger regional/national firm.

Emerging players

• Carta: Carta provides cap table management, fund administration, and investor reporting for venture and private equity managers. It increasingly delivers outsourcing-like fund operations services that overlap with DSF's back-office and fund-operations modules through a software-led model.
• Juniper Square: Juniper Square is a technology platform offering investor reporting, fund administration, and fund operations software for alternative asset managers. It competes for some of the same outsourced fund-operations and back-office functions that DSF provides manually, representing a tech-enabled alternative approach.

Direct peers

• Acuity Group: Acuity Group provides outsourced CFO, accounting, and operational support services to emerging and mid-market alternative investment managers (hedge funds, private equity, real estate funds). It is the closest direct peer to DSF given identical service scope (fractional CFO, fund accounting, investor reporting) and identical emerging-manager target market.
• Aprio Fund Services: Aprio offers outsourced CFO, fund administration, tax, and back-office services to emerging and mid-market investment managers and real estate sponsors. Highly comparable service mix to DSF with overlapping emerging-manager and real estate segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/dsfadvisorsllc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DSF Advisors