Family Wealth Services

Tax Preparation and Consultant Services


Alternative Investment Services

Private Equity Services

Lucy Gates



Professional Overview

Lucy has more than 20 years of experience in public accounting.  Within the firm’s Alternative Investment Practice, she works primarily with flow-through entities with an emphasis on hedge funds, offshore funds, mezzanine funds, private equity funds, and venture capital groups, whereby she advises and assists customers with federal and state tax compliance and consulting. She has significant experience in hedge fund taxation including partnership consulting, K-1 preparation and distribution, complex tax allocation issues and foreign compliance issues. Lucy has extensive experience working with alternative investment fund managers, general partners, and investors with federal and state tax compliance and planning.

Education, Credentials and Special Training

  • Certified Public Accountant
  • Master of Professional Accounting, University of Texas
  • B.A., Business Administration/Accounting, magna cum laude, University of Georgia

Civic and Community Activities

  • Board Member, Junior Achievement of Chattanooga
  • Volunteer, Chambliss Center for Children
  • Former Board Member, Girls Inc. of Chattanooga
  • Former Board Member, Tennessee Society of Certified Public Accountants
  • Member, Chattanooga Women’s Leadership Institute
  • Graduate, Leadership Chattanooga
  • Member, Leadership Chattanooga Alumni Association

Professional Affiliations

  • American Institute of Certified Public Accountants
  • Tennessee Society of Certified Public Accountants
  • Chattanooga Tax Practitioners

Authored by Lucy Gates


Tax Planning for Alternative Investment Funds…

Dec 14th, 2020

During his campaign, President-elect Biden proposed sweeping tax law changes, some of which could significantly alter the tax landscape for alternative investment funds and individual…
Read More