High Net Worth Individual (HNI)

RECENT NEWS
The Hindu Business Line  Dec 7  Comment 
According to the Kotak Wealth Management report, nearly 50 per cent of ultra high-networth individuals have been making at least three luxury trips and about a third spend a whopping ₹25 lakh a year on leisure
Motley Fool  Jul 4  Comment 
Almost all high-net-worth investors credit "hard work'' and "education'' for assisting in their wealth creation.
Euromoney  Jun 13  Comment 
Despite the stunning revival of emerging-market currencies, and the fragile five in particular, high and ultra-high net worth individuals remain reluctant to increase their exposure, suggesting many funds have missed out on the rally.
Forbes  Apr 29  Comment 
It’s a safe bet that most professionals have a social media account.  Estimates say 90% of all high net worth individuals (HNWI) – those earning between $100,000 and $1 million are quite active with social media, many of whom spend more than...
Clusterstock  Sep 12  Comment 
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Why It's Important For Advisors To Know About The Relatives Of Clients (The Wall Street Journal) It's becoming...
The Hindu Business Line  May 8  Comment 
Norms to apply to non-salaried HNIs
The Hindu Business Line  May 7  Comment 
Norms to apply to non-salaried HNIs
The Globe and Mail  Mar 21  Comment 
A few small goodies for taxpayers mask this budget’s nastier side, writes Rob Carrick
The Hindu Business Line  Nov 7  Comment 
The State Bank of India opened a Kohinoor branch for high net worth individuals here on Wednesday, the second in the State. It was inaugurated by Chief General Manager Rakesh Sharma at Ocean View...
The Hindu Business Line  Jul 20  Comment 
High networth individuals in the upscale Dollars Colony in north Bangalore can now enjoy smooth, premium and personalised ‘lobby’ banking. The first of Vijaya Bank’s planned 24x7 HNI outl...




 
TOP CONTRIBUTORS

High net worth individual (HNI) is a classification used by the financial services industry to denote an individual or family with high net worth. The cutoff for this designation is imprecise i.e. some companies use the term to denote individuals with over $100,000 in assets, while other companies use $500,000. Although there is no precise definition of how rich somebody must be to fit into this category, high net worth is generally quoted in terms of liquid assets over a certain figure. The categorization is relevant because high net worth individuals generally qualify for separately managed investment accounts instead of regular mutual funds. HNIs are in high demand by private wealth managers. The more money a person has, the more work it takes to maintain and preserve those assets. These individuals generally demand (and can justify) personalized services in investment management, estate planning, tax planning etc.

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