Net Worth Levels By Amounts Flashcards
1
Q
Ultra High Net Worth
A
Individuals with investable assets of at least $30 million excluding personal assets and property.
2
Q
High Net Worth
A
An individual with around $1 million in liquid financial assets.
3
Q
Mass Affluent
A
Emerging affluent individuals with $100,000 to $1,000,000 of liquid financial assets plus an annuals income over $75k. Target market for sellers of luxury goods.
4
Q
Emerging Affluent
A
On track to becoming mass affluent
5
Q
Mass Market
A
Individuals that have a net worth less than $1m and typically have limited experience investing.
