HNW client percentage for Team 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 is built to serve: higher percentages suggest a focus on more complex, bespoke planning for wealthier clients, while lower percentages reflect broader access and more standardized services.

In New Hampshire, among team firms—those with 5 to 30 advisors or managing over $500 million in assets—the median HNW client percentage is 39.33%, which is notably higher than the national median of 32.21%. With 158 firms and 410 advisors represented, this distribution suggests that many New Hampshire team firms lean toward serving a wealthier clientele with more specialized needs. However, the range still includes firms with lower percentages, indicating some teams focus on affluent but not exclusively high-net-worth clients. This variation can reflect either firms in earlier growth stages building their HNW base or intentionally maintaining broader access to serve a wider client spectrum.

For you, understanding a firm’s HNW client percentage provides insight into their typical client profile and service approach. A higher percentage often means higher minimums and more tailored, complex planning, while a lower percentage may offer greater accessibility and standardized advice. There’s no single “right” number; it depends on your financial situation and the kind of relationship you want. Use this metric alongside others to find a firm that aligns with your goals and needs.

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