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High Net Worth Individual
(redirected from Ultra high net worth individual)

    Also found in: Acronyms, Wikipedia 0.01 sec.
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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Two Seas Trust will offer personal and corporate trust services under Bahraini Trust Law to the increasing number of corporates and ultra high net worth individuals in the Middle East who are seeking to take advantage of the flexibility and confidentiality of the trust concept.
Two Seas Trust set to open doors by Arab News (Jeddah, Saudi Arabia)
Called Two Seas Trust, the business will offer personal and corporate trust services under Bahraini Trust Law, to the increasing number of corporates and ultra high net worth individuals in the Middle East who are seeking to take advantage of the flexibility and confidentiality of the trust concept.
Keypoint ties up with Ogier to launch firm by Gulf Daily News (Manama, Bahrain)
An Ultra High Net Worth Individual (UHNWI) refers to those individuals or families with at least $30 million in investable assets.
What should be the definition of a millionaire? (Community) by Yemen Times (Sana'a, Yemen)
 
 
 
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