HNW client percentage for Team firms serving clients in Virgin Islands

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 serves: a higher percentage suggests a focus on wealthier clients with more complex financial needs, while a lower percentage points to broader access and more standardized planning.

In the Virgin Islands, team firms—those with 5 to 30 advisors or managing over $500 million in assets—show a median HNW client percentage of 16.54%, based on a small sample of two firms. This median is notably lower than the national median of about 32%, suggesting these firms may serve a more diverse client base with fewer strict minimums. The distribution here is quite narrow, indicating that these firms have a similar client focus, either early in their growth or intentionally maintaining a broader client mix rather than concentrating heavily on high-net-worth individuals.

For you, this means that in the Virgin Islands, team firms might offer more accessible services with potentially less complex planning compared to firms with higher HNW percentages. There’s no single “right” number—firms with higher percentages typically require higher minimums and provide more bespoke advice, while those with lower percentages offer more standardized services to a wider audience. Use this metric alongside others to understand how a firm’s client focus aligns 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.