If you’re engaged in the financial sphere in any capacity, you’ve likely heard the term “Accredited Investor.” It’s often thrown around in investment circles, and many opportunities are available only to Accredited Investors.
But what is an Accredited Investor anyway, and how do you become one?
It’s not quite as complicated as you’d think. To earn Accredited Investor status in the United States, one must fulfill one or more of the following:
· Net Worth of at least $1 million, excluding one’s primary residence
· An annual income of $200,000 ($300,000 total if married) for the past two years, with the expectation to make the same amount this year
The term itself is defined in rule 501 of Regulation D of the US Securities and Exchange Commission.…