The application process to get a license for a single family office can now take up to 18 months as regulatory scrutiny intensifies, one anti-financial crime expert said.
Tag : offices"
High net worth individuals and family offices often worry about how long term alternative funds can be and when they can get their money back. Investment vehicles offering liquidity are becoming popular.
While family offices are increasingly drawn to co-investment opportunities, experts warn that without proper due diligence and dedicated resources, the risks can outweigh the benefits.
