High-Net-Worth Individual (HNWI)

A High-Net-Worth Individual (HNWI) is someone with a significant amount of financial assets, typically defined as having investable assets of at least $1 million, excluding primary residence and certain other assets. They often have more complex financial needs and seek specialized services like wealth management, estate planning, and investment advice. HNWIs tend to have greater financial flexibility and may participate in exclusive investment opportunities. The term helps financial institutions and service providers identify clients with substantial wealth requirements to tailor their offerings accordingly.