Wealth Management Glossary

Confused about financial jargon? Use our jargon buster to get a plain explanation of industry terms.


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Hedge Fund
An aggressively managed portfolio of investments that uses advanced investment strategies, such as leveraged, long, short and derivative positions in both domestic and international markets, in order to generate high returns.

High Net Worth
A classification by the financial services industry to denote an individual or family with liquid assets over a certain figure. The most commonly quoted figure is $1 million.