High-Net-Worth Individual
High-net-worth individual (HNW or HNWI) is a financial industry term for a person with significant investable assets, typically defined as $1 million or more in liquid financial holdings excluding their primary residence. Very high-net-worth (VHNW) refers to individuals with $5 million or more, and ultra high-net-worth (UHNW) refers to individuals with $30 million or more. The categories are used by private banking, family offices, and protective services to scope the level of personalized service required.
Praetorian's client base is heavily concentrated in HNW, VHNW, and UHNW individuals and families. The wealth tier matters less than the exposure profile. A UHNW family with low public visibility may need lighter coverage than a HNW executive who is publicly identified with a controversial company. Engagements are scoped to the actual threat picture, not to a wealth bracket.
