Defining High Net Worth Investors
If you are a high-net-worth individual (HNWI), it’s important to work with financial experts with deep training and experience in portfolio management. You may have heard the term HNWI in passing but aren’t sure what it means. Is this a label given by the government? Is there an exact dollar amount you need to meet to qualify as an HNWI? This article will define high-net-worth investors and provide some helpful tips for making smart financial decisions with asset management firms in Ontario . What is a High Net Worth Investor? Sometimes classified as an individual with at least $1 million in investable assets, HNWIs are individuals who can afford to invest high amounts of money into assets such as stocks, bonds, and real estate. Consequently, they can generate more wealth than the average person, allowing them to diversify their assets and reduce risk in many market conditions. HNWIs need to know the difference between investable assets and liquid funds: investable assets refer to reso