Great replies so far. Thanks for the post.
To ask the question a different way, assuming views on conservatism, subpar financial education, more family offices per capita (data?) may be considered subjective, are there any factual reasons why Canadian HF isn't as vibrant as US? i.e. regulatory hurdles to setting up or tax reasons? I was listening to a Mohnish Pabrai talk the other day and he made a comment about the merits of not having to be SEC-registered (in terms of ability to focus on finding bargains, lower costs etc). Perhaps similar exemptions are unavailable in Canada?
