What is an “accredited investor”?

In the United States, to be considered an accredited investor, one must have a net worth of at least $1 million dollars, excluding the value of one’s primary residence, or have income at least $200,000 each year for the last two years (or $300,000 combined income if married) and have the expectation to make the same amount this year. The term “accredited investor” is defined in Rule 501 of Regulation D of the U.S. Securities and Exchange Commission (SEC). Please check with your financial advisor to see if you qualify.