High Net Worth Individual

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High Net Worth Individual

An individual whose assets exceed his/her liabilities in value by a large figure. There is no hard-and-fast definition of a high net worth individual, though a net worth in excess of $1 million usually qualifies. The SEC, however, defines a high net worth individual as someone who has at least $750,000 under management or whom an investment adviser believes to have a net worth of $1.5 million or more. Many investment vehicles target high net worth individuals because they have more money to invest. Likewise, high net worth individuals are sometimes the only individuals (as opposed to organizations) who are permitted to invest in some vehicles.
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The Review discusses wealth management & private banking issues and developments at an international level and will consider how high net-worth individuals can best profit from maximising their opportunities.
The new banking office, which is scheduled to open in 2005 and be located in the Crystal Cove Promenade, on the Pacific Coast Highway, is a continuation of the Company's strategy of providing high-end, relationship-driven, private and business banking services to its clientele of income-property real estate investors, middle market commercial businesses, and high net-worth individuals, families and professionals.
the Company's NASD registered broker dealer, provides fixed income and mortgage-backed securities advisory and brokerage services to corporations, high net-worth individuals and other financial institutions.
The new banking office, located in Beverly Hills on the ground floor at the intersection of Beverly Drive and Wilshire Boulevard, is a continuation of the Company's strategy of providing high-end, relationship-driven, private and business banking services to its clientele of income-property real estate investors, middle market commercial businesses, and high net-worth individuals, families and professionals.
Since 19 98, the Philanthropy Forum has brought together high net-worth individuals and families with leaders in the nonprofit community to explore a range of issues that relate to charitable giving.