HNW client percentage for Supported firms serving clients in New Hampshire

High-net-worth (HNW) client percentage represents 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 signal the type of clientele a firm is designed to serve. Higher percentages usually indicate firms focused on more complex, bespoke planning for wealthier clients, while lower percentages suggest broader access with more standardized services.

In New Hampshire, supported firms—those with 1 to 4 advisors plus staff or managing over $200 million in assets—show a median HNW client percentage of 34%, slightly above the national median of about 29%. Among the 152 firms in the state, the distribution ranges from just under 14% at the lower quartile to nearly 53% at the upper quartile, with some firms serving as much as 83% HNW clients. This spread suggests a diverse advisory landscape: some firms are positioned to serve a wider range of affluent clients with scalable planning, while others focus more heavily on high-net-worth individuals requiring tailored, complex services. The variation reflects deliberate choices about firm design rather than growth stage, highlighting different approaches to client service within the state.

For you, understanding a firm’s HNW client percentage can clarify whether its services align with your financial situation and goals. A higher percentage often means higher minimums and more personalized, intricate planning, while a lower percentage may offer broader access with more standardized solutions. There’s no single “right” number—it’s about finding the fit that matches your needs. Use this metric alongside others to compare firms and identify the best match for your circumstances. Or, if you'd rather skip the guesswork, Warmer can help you find a financial advisor who fits your needs.