What is a 'High Net Worth Individual - HNWI?

A high net worth individual is a classification used by the financial services industry to denote an individual with liquid assets above a certain figure. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Term of the Day | INVESTOPEDIA High Net Worth Individual - HNWI High net worth individual (HNWI) is a classification used by the financial services industry to denote an individual or a family with liquid assets above a certain figure. Although there is no precise definition of how rich someone must be to fit into this category, high net worth is generally quoted in terms of having liquid assets of a particular number. The exact amount differs by financial institution and region. Breaking it Down: A high net worth individual classification generally qualifies for separately managed investment accounts instead of... Read More » Term of the Day Selected By Rosemary Frank Managing Member Rosemary Frank Financial, LLC | Brentwood, TN rosemaryfrank.com/ Related to "High Net Worth Individual - HNWI" Why Knowing Your Net Worth Is Important Regardless of your financial situation, knowing your net worth can help you evaluate your current financial health and plan for your financial future. Read More » Problems Ultra-High-Net-Worth-Individuals Face The financial problems of ultra-high-net-worth individuals (UHNWIs) are different from ordinary problems. Read More » Asset Protection for High Net Worth Individuals OK, you've made it. Here's how to hang onto it. Read More » Related Definitions Ultra-High Net-Worth Individual (UHNWI) Ultra-high net-worth individuals (UHNWIs) are the richest people (having $30 million-plus) in the world and control a large portion of global wealth. Read More » Liquid Asset A liquid asset is an asset that can be turned into cash quickly and with minimal impact to the price received upon conversion in the open market. Read More » Net Worth Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. Read More » Effective Net Worth Effective net worth is shareholders' equity plus subordinated debt. Read More » CONNECT WITH INVESTOPEDIA Email sent to: mondemand.forex@blogger.com If you wish to unsubscribe, please click here, or manage subscriptions 114 West 41st St, floor 8 New York NY 10036 © 2019, Investopedia, LLC, All Rights Reserved | Privacy Policy