Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» ALHP WILL MOVE UP SOON
by wisdom79 Today at 12:56 pm

» Wach out for RIL
by ruwan326 Today at 10:41 am

» MARKET CRASH - GUARANTEED
by anjelo Today at 10:31 am

» FLCH , BIL
by anushka25 Yesterday at 10:18 pm

» expo.. @4.00
by TuTanKaman Yesterday at 9:28 pm

» How to pick winning stocks by analysis not through predictions and gossip news-1
by ruwan326 Yesterday at 8:24 pm

» LDEV GEARING UP
by ruwan326 Yesterday at 8:06 pm

» Daily Foreign Transactions
by ruwan326 Yesterday at 8:00 pm

» Monday blood bath
by ruwan326 Yesterday at 12:41 pm

» Sri Lankan shares extend gains to 2-week closing high
by ruwan326 Yesterday at 11:40 am

» Free earn 120$...or above
by Uaecoindubai Yesterday at 12:01 am

» Good bye your job and earn 20-30% per month
by Uaecoindubai Sun Jul 15, 2018 10:05 pm

» John Keells Miserable Future until 2020
by DS Wijesinghe Sun Jul 15, 2018 5:32 pm

» Summary of Key Announcements during the week end 13July 2018
by ruwan326 Sun Jul 15, 2018 7:59 am

» i am new comers forum
by sssmax Fri Jul 13, 2018 10:15 pm

» BIL & FLCH
by ruwan326 Fri Jul 13, 2018 10:26 am

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Who is a HNWI

Who is a HNWI

Go down  Message [Page 1 of 1]

1 Who is a HNWI on Fri Oct 20, 2017 5:44 pm

SIRRA123


Stock Analytic
Stock Analytic
Hello Friends,

Please can some one help me to define what threshold is used to define a High Net Worth Investor.

Is it a person holding a portfolio of more than LKR 100Mn or LKR 1Bn. Or even 10Mn Question

2 Re: Who is a HNWI on Fri Oct 20, 2017 7:43 pm

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics



[size=15] 



[/size]
http://www.investopedia.com/terms/h/hnwi.asp 




 































What is a 'High Net Worth Individual - HNWI'


High net worth individual (HNWI) is a classification used by the financial services industry to denote an individual or a family with high net worth. 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 exact amount differs by financial institution and region.

BREAKING DOWN 'High Net Worth Individual - HNWI'


The categorization is relevant because high net worth individuals generally qualify for separately managed investment accounts instead of regular mutual funds. This is where it comes into play that different financial institutions maintain different minimum standards for HNWI classification. Most banks require that a customer have a certain amount in liquid assets and/or a certain amount in depository accounts with the bank to qualify for special HNWI treatment.


What Makes a HNWI?


The most commonly quoted figure for membership in the high net worth club is $1 million in liquid financial assets. An investor with less than $1 million but more than $100,000 is considered to be "affluent" or perhaps even "sub-HNWI." The upper end of HNWI is around $5 million, at which point the client is then referred to as "very HNWI." More than $30 million in wealth classifies a person as "ultra HNWI."
HNWIs 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 planningand so on.

Where HNWIs Live


The Capgemini World Wealth Report reveals that as of 2015, the United States boasts the most HNWIs in the world at over 4.45 million. HNWIs represent over 1.3% of the U.S. population. Moreover, 61.2% of the global HNWI population reside in four countries: The United States, Japan, Germany and China. The two Asian countries on the list, Japan and China, had the largest increases in HNWI population between 2014 and 2015 at 11% and 16%, respectively. The biggest drop in HNWI population was suffered by Brazil, which had 8% fewer HNWIs in 2015 than in 2014.
In the United States as of 2014, 12 large metropolitan areas feature over two-thirds of the country's HNWI population with the largest portion, unsurprisingly, residing in New York City. Rounding out the top five U.S. cities for HNWIs are Los Angeles, Chicago, Washington, D.C., and San Francisco.









Read more: High Net Worth Individual (HNWI) http://www.investopedia.com/terms/h/hnwi.asp#ixzz4w3dSI4Sl 
Follow us: Investopedia on Facebook

3 Re: Who is a HNWI on Fri Oct 20, 2017 8:22 pm

SIRRA123


Stock Analytic
Stock Analytic
So in the Sri Lankan context even 10Mn could be classified as HNWIs

4 Re: Who is a HNWI on Fri Oct 20, 2017 9:41 pm

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@SIRRA123 wrote:So in the Sri Lankan context even 10Mn could be classified as HNWIs
100M srilankan rupees

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum