Accredited Investor – U.S.

The U.S. Securities and Exchange Commission (SEC) defines an accredited investor as a type of investor that meets certain requirements:

Financial criteria

• Net worth >$1 million, excluding primary residence (individual or with spouse/partner).
• Annual income of $200,000 (individual) or $300,000 (with spouse or partner) in each of the prior two years, and reasonably expects the same this year.

Professional criteria

• Investment professionals holding a Series 7, 65 or 82 license.
• Directors, executive officers, general partners or “knowledgeable employees” of a private fund.
• Any “family office” with an investment portfolio valued at least $5 million.