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HedgeStar provides expert hedge accounting and valuation services that help companies and financial institutions reduce income statement volatility by accurately accounting for hedging activities in their financial statements. Unlike bloated treasury management systems or all-consuming service providers, HedgeStar addresses finance team’s pains head-on by delivering accurate, timely, and easy-to-digest reports.    

With over 20 years of experience accounting for, valuing and reporting on hedge instruments, HedgeStar’s team of CPAs and analysts handle the back-office work that keeps treasury and accounting teams on target with their risk management goals.

Removing Valuation Headaches Since 2004

Valuation is our second language. For over 20 years, we’ve valued all types of assets. Our team can do it all for you – and teach you in the process.

Meet Your Team of Expert CPAs and Analysts

Make valuation simple with HedgeStar.
At HedgeStar, we value a broad range of financial instruments and asset classes, including municipal bonds, corporate and foreign debt, illiquid securities and derivatives covering interest rates, foreign currency, and commodities. We have a proven, auditor-validated process for determining fair value as defined by ASC 820, IFRS 13, and GASB 72.

Mark-to-Market & Fair Value Valuation Services

A Full-Service Valuation Firm

As a leading independent valuation specialist, HedgeStar can help you meet fair valuation requirements for all levels of instruments. Businesses of all sizes and sectors rely on us to provide their valuation reports at any frequency – daily to annual. We can do the same for you.

John Trefethen
Director & Co-Founder

Tim Potter, CPA
Managing Director

Kevin Jarvis
Operations Manager

Maggie Yang, CPA
Hedge Accounting Manager

Annika France
Senior Analyst

*SOC 1^® – SOC for Service Organizations

Let HedgeStar Handle Your Valuations

HedgeStar provides valuations for level-1 financial instruments, including equities, exchange-traded futures/options and highly liquid debt securities such as on-the-run treasuries, commercial paper and short-term discount notes.

Our level-1 valuations include direct observable inputs based on traded prices from relevant exchanges. Get a customized report that can be used for financial statement preparation. The report also contains appendices that include valuation methodology, fair value hierarchy and other information upon request.

Level 1 
Instrument Valuation

Level 2 
Instrument Valuation

HedgeStar provides independent, unbiased values for level-2 instruments such as debt, modeled equities, derivatives and other market mechanisms. Debt instruments may include government and agency bonds, corporate bonds, fixed and variable-rate municipal bonds, and many types of bank loans. HedgeStar also values a broad range of derivatives that may include over-the-counter swaps, options, and forward contracts across interest rates, currencies and commodities asset classes.

Our valuations are available end-of-day daily and may include broker quotes and/or modeled mid-market valuations. Mid-market valuations are performed using observable inputs sourced from independent market data providers. Fair value calculations include the effect of non-performance risk – also known as Credit/Debit Valuation Adjustments – as applicable.

Level 3 
Instrument Valuation

HedgeStar provides valuations on level-3 instruments such as illiquid securities, multi-layer derivatives, and other hard-to-value assets and liabilities.

Our team of quantitative analysts uses robust valuation engines and tools to arrive at a reasonable fair value for level-3 instruments. These may include a single, calibrated model or several models utilized to produce valuation outcomes that are based on assumptions similar to those of other market participants.