This section establishes the client's legal identity, financial profile, and liquidity position to determine suitability for high-risk alternative investments. All information must be verified through supporting documentation.
Client Entity Type
Individual
Joint Account
Corporate Entity
Trust
Family Office
Partnership
Other
Trust Details: Please provide full legal name of trust, jurisdiction, trustee information, and beneficial beneficiaries
Other Entity Details: Please specify entity type and provide full legal structure description
Full Name of Account Holder(s)
Primary Residential/Business Address
Country of Tax Residency
Additional Tax Jurisdictions (if any)
Tax Identification Number(s)
Date of Birth / Entity Incorporation Date
Primary Contact Email
Primary Contact Phone
Professional Background & Source of Income
Do you hold any professional financial licenses or registrations?
Specify license type, jurisdiction, and registration number:
Financial Profile & Net Worth Verification (All figures in USD)
Asset Category | Current Market Value | Estimated Value 12 Months Ago | Verification Status | ||
|---|---|---|---|---|---|
A | B | C | D | ||
1 | |||||
2 | |||||
3 | |||||
4 | |||||
5 |
Minimum Required Liquidity Reserve (after this investment)
Does the client maintain separate liquidity reserves for personal/family expenses for the next 24 months?
Amount of separate liquidity reserve
WARNING: Client must maintain adequate liquidity reserves. This investment may not be suitable without separate liquidity buffers.
Liquidity Stress Test Scenarios (post-investment liquidity impact)
Stress Scenario | Estimated Liquidity Need | Available Liquidity Buffer | Adequate Coverage? | ||
|---|---|---|---|---|---|
A | B | C | D | ||
1 | |||||
2 | |||||
3 | |||||
4 | |||||
5 |
Target Allocation to Alternative Investments (% of total portfolio)
Investment Objectives & Time Horizon
Primary Investment Experience Level
Extensive (10+ years in alternatives)
Moderate (5-10 years)
Limited (2-5 years)
Minimal (<2 years)
No prior experience
CAUTION: Client has limited experience with alternative investments. Enhanced suitability review required.
CRITICAL: Client has no prior experience with alternative investments. This investment may not be suitable without additional education and risk acknowledgment.
This section verifies accredited investor status and comprehensively assesses risk tolerance across multiple dimensions including volatility, liquidity, leverage, and concentration risk. All certifications must be supported by current documentation.
I certify that I meet the accredited investor criteria based on net worth exceeding USD 1,000,000.00 (excluding primary residence)
I certify that I meet the accredited investor criteria based on individual income exceeding USD 200,000.00 (or USD 300,000.00 with spouse) in each of the prior two years with reasonable expectation of same for current year
I certify that I am a knowledgeable employee of the fund or its affiliates
Has your accredited investor status changed in the last 12 months?
Please describe the change and provide supporting documentation
Risk Tolerance Assessment: Please rate your comfort level with the following investment characteristics
Not Acceptable | Minimal Tolerance | Moderate Tolerance | High Tolerance | Seeking Such Exposure | |
|---|---|---|---|---|---|
Portfolio volatility of 15-25% annually | |||||
Potential for 50%+ drawdown in stress scenarios | |||||
Lock-up periods exceeding 5 years | |||||
Complete loss of invested capital | |||||
Use of leverage up to 2x within the fund | |||||
Concentrated positions (>20%) in single sectors or strategies | |||||
Illiquid investments with no secondary market | |||||
Complex derivatives and structured products | |||||
Currency and geopolitical risk exposure | |||||
Lack of transparency in underlying holdings |
Overall Risk Tolerance Score (1 = Conservative, 10 = Aggressive)
Previous Alternative Investment Experience (select all that apply)
Private Equity (Buyout)
Private Equity (Venture Capital)
Hedge Funds (Equity Long/Short)
Hedge Funds (Macro)
Hedge Funds (Credit)
Real Estate Funds
Infrastructure Funds
Distressed Debt
Commodities & Managed Futures
Cryptocurrency/Digital Assets
None of the above
Number of distinct alternative investment funds currently held
Have you ever redeemed from an alternative investment fund before the end of its stated term?
Please explain circumstances and financial impact
Understanding of High-Risk Fund Structures
Expert - I understand carried interest, waterfalls, clawbacks, and side pockets
Advanced - I understand most structural complexities
Intermediate - I understand basic structures but not all nuances
Novice - I have limited understanding of fund structures
RECOMMENDATION: Client should review fund structure primer documentation before proceeding.
REQUIRED: Client must complete educational session on fund structures and acknowledge understanding before proceeding.
Maximum Single-Fund Concentration Limit (% of alternatives portfolio)
Do you have specific Environmental, Social, or Governance (ESG) restrictions?
Specify ESG restrictions and exclusions:
I acknowledge that high-risk alternative investments are speculative and involve substantial risk of total loss
I understand that past performance is not indicative of future results and that target returns are not guaranteed
This section provides detailed disclosures regarding the specific fund's use of leverage, liquidity constraints, and redemption mechanics. Initial here indicates understanding and acceptance of each term.
Target Fund Name
Fund Strategy Classification
Fund Structural Terms & Liquidity Profile
Term Parameter | Fund Specification | Client Acknowledgment (Initial) | Requires Discussion? | ||
|---|---|---|---|---|---|
A | B | C | D | ||
1 | |||||
2 | |||||
3 | |||||
4 | |||||
5 |
Does the fund employ leverage through derivatives, short selling, or other synthetic instruments?
Describe leverage strategies and potential magnification of losses:
Are there any special purpose vehicles (SPVs) or feeder structures involved?
Provide SPV structure details and rationale:
Redemption Term Flexibility
Standard terms acceptable
Require enhanced liquidity terms
Need side letter for modified redemption rights
Specify required enhanced liquidity terms:
Specify side letter requirements and justification:
Maximum Acceptable Lock-Up Period (in years)
Have you negotiated any fee discounts or special terms with the fund manager?
Describe negotiated terms:
Client's Liquidity Planning for This Investment
I acknowledge that redemption rights are subject to gating, suspension, or modification under extraordinary circumstances
I understand that no secondary market exists for this investment and transfer restrictions apply
I have reviewed the fund's private placement memorandum (PPM), limited partnership agreement (LPA), and subscription documents
This section conducts comprehensive anti-money laundering screening and source of wealth verification in accordance with international financial crime prevention standards. All information is subject to independent verification.
Are you a Politically Exposed Person (PEP), family member of a PEP, or close associate of a PEP?
Provide full details of position, country, relationship, and source of wealth:
Do you hold any public office or have you held public office in the last 5 years?
Specify position, jurisdiction, and dates held:
Are you subject to any sanctions, embargoes, or restrictions by any jurisdiction or international body?
Provide full details of sanctions and jurisdictions:
Is the source of funds for this investment derived from your primary business activities?
Source of Funds Category
Inheritance or gift
Sale of assets or business
Loan proceeds
Divorce settlement
Cryptocurrency conversion
Other
Specify other source of funds:
Detailed Description of Source of Wealth (how overall wealth was accumulated)
Wealth Source Documentation & Verification
Document Type | Provided | Verification Status | Reviewer Initials | ||
|---|---|---|---|---|---|
A | B | C | D | ||
1 | |||||
2 | |||||
3 | |||||
4 | |||||
5 |
Will any third party be providing funds for this investment?
Provide full details of third party, relationship, and source of their funds:
Are there any beneficial owners other than the named account holder?
Provide full beneficial ownership structure and ultimate beneficial owners:
Have you or any related party ever been investigated for financial crime or money laundering?
Provide full details of investigation, outcome, and resolution:
Do you use cryptocurrency or digital assets as part of your wealth management strategy?
Specify types, amounts, and source of crypto assets:
I confirm that all information provided is true, accurate, and complete to the best of my knowledge
I understand that providing false information may constitute financial crime and will result in immediate rejection and reporting to authorities
I consent to ongoing monitoring and screening against sanctions lists and PEP databases
Upload Certified Copy of Government-Issued Identification
Upload Recent Utility Bill or Statement (proof of address)
Upload Comprehensive Source of Wealth Documentation
This final section requires dual approval from both the Senior Wealth Advisor (who conducted the suitability assessment) and the Chief Compliance Officer (who verified regulatory compliance and AML screening). Both approvals are mandatory for onboarding completion.
Senior Wealth Advisor Name
Advisor License/Registration Number
Client Suitability Assessment Completion Date/Time
Advisor Suitability Assessment Checklist
Client meets accredited investor criteria | |
Client has adequate risk tolerance for this strategy | |
Client maintains sufficient liquidity reserves | |
Investment aligns with client's stated objectives | |
Client demonstrates understanding of risks | |
AML and source of wealth verification completed | |
No red flags or concerns identified | |
Documentation is complete and verified |
Advisor Notes & Suitability Rationale
Does the advisor recommend this investment for this client?
Explain why not and next steps:
Senior Wealth Advisor Digital Signature
Chief Compliance Officer Name
CCO License/Registration Number
Compliance Review Completion Date/Time
Compliance Verification Checklist
Compliance Item | Verified | Reviewer Initials | Notes | ||
|---|---|---|---|---|---|
A | B | C | D | ||
1 | Accredited investor certification documented | ||||
2 | AML screening completed with no matches | ||||
3 | PEP screening completed with no concerns | ||||
4 | Source of wealth documentation adequate | ||||
5 | Sanctions check negative | ||||
6 | Beneficial ownership identified | ||||
7 | All required disclosures provided to client | ||||
8 | Client acknowledgments obtained | ||||
9 | Form completion verified | ||||
10 | Risk rating assigned and appropriate |
Compliance Review Notes & Exceptions
Does the CCO approve this onboarding from a compliance perspective?
Detail compliance issues preventing approval:
Chief Compliance Officer Signature
Does this client require enhanced ongoing monitoring?
Specify monitoring frequency and parameters:
CONFIDENTIALITY NOTICE: This form contains sensitive personal and financial information. Access is restricted to authorized personnel only.
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