High Net Worth Individual - HNWI
- High Net Worth Individual - HNWI
- A classification used by the financial services industry to denote an individual or a family with high net worth. Although there is no precise definition of how rich somebody must be to fit into this category, high net worth is generally quoted in terms of liquid assets over a certain figure. The exact amount differs by financial institution and region. The categorization is relevant because high net worth individuals generally qualify for separately managed investment accounts instead of regular mutual funds.
The most commonly quoted figure for membership in the high net worth "club" is $1 million in liquid financial assets. An investor with less than $1 million but more than $100,000 is considered to be "affluent", or perhaps even "sub-HNWI". The upper end of HNWI is around $5 million, at which point the client is then referred to as "very HNWI". More than $50 million in wealth classifies a person as "ultra HNWI".
HNWIs are in high demand by private wealth managers. The more money a person has, the more work it takes to maintain and preserve those assets. These individuals generally demand (and can justify) personalized services in investment management, estate planning, tax planning, and so on.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
High net worth individual — A high net worth individual (HNWI) is a person with a high net worth. In the private banking business, these individuals typically are defined as having investable assets (financial assets not including primary residence) in excess of US$1… … Wikipedia
high net worth individual — ˌhigh ˌnet worth indiˈvidual abbreviation HNWI noun [countable] JOURNALISM a very rich person: • High net worth individuals increasingly turn to their private banks for corporate finance advice. * * * high net worth individual UK US noun [C] ( … Financial and business terms
HNWI — abbreviation for high net worth individual * * * HNWI UK US noun [C] (also HNI) ► FINANCE ABBREVIATION for high net worth individual: used by financial organizations to talk about a person who is considered very rich, especially one whose assets… … Financial and business terms
Rapport sur la richesse mondiale — Un rapport sur la richesse mondiale s’intéresse aux détenteurs de grosses fortunes dans le monde (en anglais, high net worth individual), et à leur place sur le marché économique mondial. De telles études sont éditées par des banques privées, ou… … Wikipédia en Français
Millionaire — Millionairess , Millionaires , and $1,000,000 redirect here. For the fake currency, see Fake denominations of United States currency#$1,000,000. For other uses, see Millionaire (disambiguation). NASDAQ in Times Square, New York A millionaire… … Wikipedia
Capital accumulation — Most generally, the accumulation of capital refers simply to the gathering or amassment of objects of value; the increase in wealth; or the creation of wealth. Capital can be generally defined as assets invested with the expectation that their… … Wikipedia
Millionnaire (personne) — Un millionnaire est un individu dont le patrimoine est égal ou supérieur à 1 million d unités d une monnaie donnée. Certaines études les appellent aussi High net worth individuals (il s agit alors d un million d USD). On peut utiliser deux bases… … Wikipédia en Français
Liste de sigles de quatre lettres — Cette liste est incomplète ou mal ordonnée. Votre aide est la bienvenue ! Sigles d’une seule lettre Sigles de deux lettres Sigles de trois lettres Sigles de quatre lettres Sigles de cinq lettres Sigles de six lettre … Wikipédia en Français
ИГ «Норд-Капитал» — Инвестиционная группа «Норд Капитал» Год основания 2003 Расположение Россия: Москва … Википедия
Норд-Капитал — (Nord Capital) История основания ИГ Норд Капитал, руководство инвестиционной группы «Норд Капитал» Создание структурированных продуктов и управление средствами ПИФ, НПФ инвестиционной группой «Норд Капитал», инвестиционно банковские услуги ИГ… … Энциклопедия инвестора
