Defining High Net Worth for Financial Advisors
Financial advisors categorize high net worth individuals based on their liquid assets:
- HNWI (High Net Worth Individual): $1 million to $5 million
- VHNW (Very-High-Net-Worth Individual): $5 million to $30 million
- UHNWI (Ultra-High-Net-Worth Individual): $30 million or more
Ultra High Net Worth Financial Planning: Exclusive Strategies for Exceptional Wealth
UHNW financial planning caters to individuals with a net worth of $30 million or more. They offer a comprehensive suite of services, including:
- Customized financial planning
- Wealth transfer strategies
- Philanthropy management
- Asset protection
- Risk management
The Highest Paid Financial Advisors: Commanding Top Dollar
The highest-earning financial advisors typically manage investments for UHNWIs. Factors contributing to their high earnings include:
If you’ve always wondered about celebrities’ lives off-cam, you might be curious about sam bernstein net worth