Glossary
Definition
High-Net-Worth Individual (HNWI)
An individual with investable assets of at least $1 million.
A High-Net-Worth Individual (HNWI) is generally defined as someone with liquid or investable assets of at least $1 million, not including their primary residence. HNWIs are a core client segment for private banks, wealth managers, and financial advisors.
Frequently Asked Questions
What services do banks offer to HNWIs?
Private banking services including personalised investment management, tax planning, estate planning, access to alternative investments (hedge funds, PE), and concierge financial services.