High-Net-Worth Individual (HNWI)

Written by True Tamplin, BSc, CEPF® | Reviewed by Editorial Team

Updated on January 03, 2023

High-Net-Worth Individual (HNWI) Definition

A High-Net-Worth Individual, or HNWI for short, is defined as someone whose liquid assets exceed a given amount.

Usually, High-Net-Worth- Individuals are classified as holding financial assets exceeding one million dollars. People whose liquid assets sit between one hundred thousand and just under one million dollars are considered to have a "sub-high" net worth.

Categories of HNWI

High-Net-Worth-Individuals fall into subcategories based on the amount of money they have to invest. "Very-high net worth" begins at five million dollars, followed by "ultra-high" at fifty-million dollars or more.

More and more individuals are added to the ranks of the High-Net- Worth club every year.

In fact, in some cities, there are neighborhoods comprised entirely of these individuals.

Wealth Management for HNWI

Private wealth managers tend to seek as many of these High-Net- Worth-Individuals as they can to build their business.

Some advisers even specialize specifically in these people through services like investment management, estate planning, and tax planning, and more.

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High-Net-Worth Individual (HNWI) FAQs

What does HNWI stand for?

HNWI is an acronym for High-Net-Worth Individual.

What is a High-Net-Worth Individual?

A High-Net-Worth Individual, or HNWI for short, is defined as someone whose liquid assets exceed a given amount. Usually, High-net-worth individuals are classified as holding financial assets exceeding one million dollars.

Are there different categories of High-Net-Worth Individuals?

High-net-worth individuals fall into subcategories based on the amount of money they have to invest.

What are the categories related HNWI?

People whose liquid assets sit between one hundred thousand and just under one million dollars are considered to have a “sub-high” net worth. “Very high net worth” begins at five million dollars, followed by “ultra-high” at fifty-million dollars or more.

What services to advisors offer HNWI?

Some advisers specialize specifically in these people through services like investment management, estate planning, and tax planning.

About the Author

True Tamplin, BSc, CEPF®

True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.

True is a Certified Educator in Personal Finance (CEPF®), author of The Handy Financial Ratios Guide, a member of the Society for Advancing Business Editing and Writing, contributes to his financial education site, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.

To learn more about True, visit his personal website, view his author profile on Amazon, or check out his speaker profile on the CFA Institute website.

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