HNW client percentage for Supported firms serving clients in Hawaii

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 is designed to serve: higher percentages suggest a focus on wealthier clients with more complex financial needs, while lower percentages point to broader accessibility and more standardized planning.

In Hawaii, supported firms—which typically have 1–4 advisors with staff or manage over $200 million in assets—show a median HNW client percentage of about 26.5%. This is slightly below the national median of 29.3%, with firms ranging from very low to nearly 87% HNW clients. This distribution suggests that many Hawaiian supported firms lean toward serving a mix of affluent and high-net-worth clients but often maintain a broader client base as well. Some firms may be intentionally designed as scalable practices focusing on affluent professionals and pre-retirees, while others cater more exclusively to high-net-worth individuals with complex financial needs. The variety reflects different strategic choices rather than a single dominant model.

For you, this means the HNW client percentage is a useful indicator of a firm’s typical client profile and service approach, but it’s not a measure of quality. A higher percentage often means more bespoke, complex planning with higher minimums, while a lower percentage usually signals broader access and more standardized services. Understanding this metric alongside others can help you find an advisor whose client focus and service style align with your financial situation and goals. Or, if you'd rather skip the guesswork, Warmer can help you find a financial advisor who fits your needs.