What High Net Worth Individuals Target in Their Investments

What High Net Worth Individuals Target in Their Investments


As you approach your retirement, your assets have accumulated, your 401K has grown, and your status as a high net worth individual has been cemented. With your hard-earned assets in tow, finding an investment strategy that works for your particular situation becomes critical for your future. A successful wealth management plan can help you target investment opportunities that match your acceptable risk tolerance. 

What Makes an Individual High Net Worth?

Simply stated, a high net worth individual has investable assets of at least $750,000 or a net worth of over $1 million. With these kinds of assets available to them, financial services can tailor their offerings to fit their high net worth clients’ needs and help them grow their wealth well into retirement. 

Identifying Potential Areas of Growth

The goal of your retirement savings plan remains to provide you with reliable income that will last from the minute you retire to your last day on earth. While you can build a significant nest egg in the years leading up to your official retirement, finding ways to keep that money growing well into your golden years becomes a priority. Making wise investments can help you maintain your expected quality of life. 

Creating a sound wealth management strategy starts with knowing how much risk you’re willing to take and where you want to take those risks. Your retirement plan has accrued value over your career, and if you’re comfortable with your stable liquid assets, you can take more risks with your investments. 

Diversification of Assets

With your financial planning efforts, take the time to look at the long-term benefits of investing your assets with your larger financial picture in mind. Diversifying your assets allows you to generate more than one revenue stream to keep your preferred quality of life. In many instances, it may be wise to put different percentages of your assets into diverse investments to drive growth as opposed to putting all your assets into one investment. 

Estate Planning and Investing

High net worth individuals tend to invest in their own future and the future of the people they leave behind after they’re gone. A trusted financial advisor can help make your estate planning and investments cover both your needs and the estate you leave behind for your beneficiaries. Building the appropriate investment portfolio in order to give your estate the assets it needs to provide for your family is easier with an experienced financial planner from Stolz & Associates, P.S.

Our team has extensive experience working with high-net-worth and ultra-high net worth individuals to maximize their assets and set them up for the duration of their retirement. We can help tailor your investment strategy to your specific needs and risk tolerance to ensure you’re comfortable with every step of the process. Contact us to schedule your first appointment today!