Most private market opportunities are limited to accredited investors or qualified purchasers, which the SEC defines based on income, net worth, or professional criteria. Verification happens before any allocation. If you're not sure whether you qualify, that's something we can walk through together.

It varies. Common components include private equity, venture capital, private credit, real estate, and structured investments. The specific mix depends on your liquidity needs, time horizon, return expectations, and how private markets fit alongside your public portfolio. There isn't a one-size allocation.

Most private market investments are illiquid by design — capital is typically locked up for 5 to 10+ years depending on the strategy. Some funds have quarterly or annual redemption windows, others have none. This is why private markets are usually a portion of a portfolio, not the whole portfolio, and why liquidity planning comes first.

We review fund managers, strategy history, fee structures, audited financials where available, and manager alignment. Past performance isn't a guarantee of future results, and private markets involve meaningful information gaps compared to public markets. Due diligence reduces risk — it doesn't eliminate it.

Private market funds typically charge a management fee plus a share of profits above a hurdle rate. Fee structures vary widely across strategies and managers. XWEALTH's advisory fees are separate and disclosed in our Form ADV Part 2A. Total cost matters — we review both layers when evaluating whether an opportunity is worth considering.

Usually not without a meaningful discount or penalty, and sometimes not at all. A secondary market exists for some positions but pricing reflects illiquidity. This is why private markets should be funded with capital you don't need for current expenses, near-term goals, or emergency reserves.