A high-net-worth individual (HNWI) is a person with a high net worth. In the private banking business, these individuals typically are defined as having investable finance (financial assets not including primary residence) in excess of US$1 million. As explained below, the U.S. Securities and Exchange Commission has promulgated a different definition of "high net worth individual" for regulatory purposes.
Read more about High-net-worth Individual: World’s Wealth Report 2009, Capgemini Figures, Ultra High Net Worth Individuals, SEC Regulations, Academic Studies of Asset Management Trends
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“All real freedom springs from necessity, for it can be gained only through the exercise of the individual will, and that will can be roused to energetic action only by the force of necessity acting upon it from the outside to spur it to effort.”
—Anna C. Brackett (1836–1911)