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Making Smart Investment Decisions: Advice For High & Ultra Net-Worth Individuals in Australia

While the goal of investing is to procure healthy, sustainable returns, the stakes are much greater for high and ultra-high-net-worth individuals in Australia. With a focus on family legacy and maintaining a healthy financial position, HNWIs and UHNWIs must make intelligent investment decisions and require personalised solutions that protect assets for generations to come.

In this article, we’ll define what it means to be a high and ultra-high-net-worth individual in Australia and explore the ways we at EC Pohl can help you not only retain but grow your financial legacy.

What is Considered High and Ultra High Net Worth in Australia?

High and ultra-high-net-worth individuals make up 1% of Australia’s top earners. While there is no official formula, generally speaking, high-net-worth individuals are classified as those with liquid assets of between $1 million and $5 million.

Ultra-high-net-worth individuals, on the other hand, are typically defined as people or households with a net worth of $30 million or more. Unlike high-net-worth individuals, this includes all assets, like real estate, business interests, and other non-liquid holdings.

Did You Know? High Net Worth Individuals Statistics in Australia

  • As of June 2024, Australia is home to 333,000 high-net-worth individuals.
  • Meanwhile, there are around 15,347 ultra-high-net-worth individuals in the country.
  • The number of UHNWIs in Australia continues to grow year on year, with experts predicting a 27% increase by 2028. This increase should bring UHNWI numbers to just below 20,000.
  • 75% of HWNIs fall within the bracket of $1-5 million in liquid worth.
  • Sydney has 40% of Australia’s HNWIs.
  • Australia ranks among the top 10 countries globally in terms of HNWI numbers.

Where Should HNWIs and UHNWIs Invest Their Money?

HNWIs and UHNWIs aren’t your average investors. Building intergenerational wealth isn’t easy and being custodian of this wealth means HNWIs and UHNWIs must consider their investment decisions carefully. As such, it’s crucial to buy equity in businesses that display not only a strong potential for growth but also demonstrate stability and sound governance.

When looking at investing in stocks, HNWIs and UHNWIs should consider sustainable and growing sectors; those that are and will continue to serve society’s fundamental needs. Key sectors may include:

  • Healthcare
  • Information technology
  • Materials and manufacturing
  • Transportation and logistics
  • Renewable energy and utilities

ECP: Meeting HNWI and UHNWI Wealth Needs

The average person starts investing because they want to develop their wealth. High and ultra-high-net-worth individuals, on the other hand, want to retain their wealth. As such, HNWIs and UHNWIs require asset management strategies that cater to wealth preservation and growth to protect the wealth for future generations. If you’re an Australian HNWI or UHNWI looking to refine your investment strategies, EC Pohl & Co can help. Here’s how:

Focus on Family Legacy

As a family business, EC Pohl & Co places emphasis on not only sustaining, but growing wealth for the next generation. We understand the importance of a legacy, and prioritise your family’s future by implementing sustainable long-term investment strategies that align with your goals.

Personalised Asset Management That Works For You

As discussed, HNWIs and UHNWIs have more to consider when making investment decisions. Our asset managers develop strong relationships with our clients, ensuring a diversified portfolio that prioritises preserving your wealth.

Responsible Investments For Financial Prosperity

You can’t build a sound financial future without making responsible investment decisions in the present. At EC Pohl & Co, we are committed to investing responsibly, ensuring that every choice we make on your behalf not only paves the way for robust financial growth but also aligns with sustainable practices for a better future.

Simplifying Active Wealth

We invest in our clients, nurturing strong relationships to ensure you are well-versed and well-informed about our processes and decision-making. We believe full transparency is the only way to build trusting relationships and provide ongoing education to keep you actively involved in your financial future.

Are You a High or Ultra High Net Worth Individual Looking to Invest? Trust EC Pohl & Co

At EC Pohl & Co, our high-net-worth investment advisers have extensive portfolio management experience and have been providing Australian investors with reliable advice and consistent returns for over 20 years.

With our vast investment knowledge and exclusive market insights, we can secure an array of quality investments for high and ultra-high-net-worth individuals. Contact us today to learn more about our high-net-worth portfolio management services and discover how our team can provide personalised solutions that protect your legacy.

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