Am I High Net Worth or Ultra-High Net Worth?

Episode NotesScaling Your Business and Wealth PodcastHost: Eric Tashlein, CFP®, CEPA®SummaryWhat does it really mean to be high net worth or ultra-high net worth? In this episode, Eric explains how the financial industry defines these categories and why the label matters less than how wealth is structured. As portfolios grow, the focus shifts from simply accumulating assets to managing taxes, retirement distributions, and estate planning efficiently.Key TakeawaysHigh net worth generally means $1M+ in investable assetsUltra-high net worth typically refers to $30M+ in total wealthLarge retirement accounts can carry significant future tax exposureThe SECURE Act accelerated taxes on inherited retirement accountsTax planning and Roth strategies become more important as wealth growsConnectPhone: 1-800-878-7152Website: oeswealthpartners.comDisclosureSecurities are offered through Registered Representatives of Cambridge Investment Research, Inc., member FINRA/SIPC. Advisory services are offered through Cambridge Investment Research Advisors, Inc., a registered investment advisor. OES Wealth Partners, LLC and Cambridge are not affiliated. This podcast is for informational purposes only and should not be considered investment advice.