High Net Worth Individual

(redirected from High Net-Worth Individual)
Also found in: Acronyms.

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.
References in periodicals archive ?
A number of high net-worth individuals have been reportedly vying for this prestigious real estate, where prices range from $2 million to $45 million.
Tax Planning for High Net-Worth Individuals Conference, Oct.
Many high net-worth individuals should consider some sort of asset protection strategy.
Normandy Realty Partners, based in Morristown, N.J., is backed by several high net-worth individuals with significant real estate holdings throughout the country.
Financial Navigator Int'l (FNI) specializes in powerful financial management software and computer services for financial professionals and high net-worth individuals. The Financial Navigator (FN) suite of integrated solutions is a comprehensive asset management and accounting system used by organizations of a variety of sizes-from individual investors, to family offices and large CPA firms.
Pension funds, high net-worth individuals as well as private investors are anxious to invest in value-added real estate investments."