HNW client percentage for Independent firms serving clients in New Hampshire

High-net-worth (HNW) client percentage measures the share of a firm’s clients who meet the SEC’s high-net-worth threshold—roughly $1.1 million in managed assets or $2.2 million in net worth. This metric helps indicate the type of clients a firm primarily serves: a higher percentage suggests a focus on wealthier clients with more complex financial needs, while a lower percentage points to broader access for a wider range of investors.

In New Hampshire, independent firms show a median HNW client percentage of about 22%, slightly above the national median of 18%. Among the 149 independent firms in the state, this distribution suggests a mix of practices: some are focused on serving affluent clients with more specialized planning needs, while others maintain a broader client base that includes emerging wealth or mass-affluent households. The range of HNW percentages—from near zero to over 55%—reflects this diversity. Some firms may be early-stage practices still building their HNW clientele, while others have long-established relationships with high-net-worth families or operate almost exclusively in that space.

For you, understanding a firm’s HNW client percentage offers insight into its typical client profile and service approach. A higher percentage often means higher minimum investment requirements and more tailored, complex planning, whereas a lower percentage usually indicates more accessible services with standardized offerings. There’s no single “right” number—it depends on your personal financial situation and what kind of advisor relationship you want. Use this metric alongside others to find a firm that aligns with your needs and goals.

Or, if you'd rather skip the guesswork, Warmer can help you find a financial advisor who fits your needs.