high net worth individual

high net worth individual definition - finance
A person who has investable assets of $1 million or more. Typically, investment or brokerage firms that cater to this group of people have a private client services division. High-net worth individuals with $5 million or more in assets will be served by a Private Bank.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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