High Net Worth Individuals (HNWIs)

High Net Worth Individuals (HNWIs)

High Net Worth Individuals (HNWIs) are generally defined as individuals who have at least $1 million in liquid assets. The person has that minimum amount combined in checking accounts, savings accounts, money market accounts, stocks, bonds and other highly liquid assets. HNWI definitions don’t typically include less-liquid assets such as real estate, land and collectibles. And the liquid asset minimum has to be reached after deducting debt, so someone with $1 million in cash and securities and $500,000 in debt would not typically qualify.