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Are you a ‘HENRY’? Why 90% of financial advisers will waive their minimums to get your business.

April 13, 2026·MarketWatch Top StoriesEconomy

Disclaimer

This news item is AI-rewritten from public sources for GCC context. For informational purposes only. Not investment advice, a solicitation, or a recommendation. Consult a licensed financial advisor before making any investment decision.

GCC CONTEXT

Financial advisers are increasingly willing to waive minimum investment requirements to capture the growing "HENRY" (High Earner, Not Yet Rich) segment, reflecting intensifying competition in wealth management across the GCC. For regional investors with substantial income but limited accumulated assets, this trend creates opportunities to access professional portfolio management and advisory services previously reserved for ultra-high-net-worth clients, potentially enhancing returns through customized investment strategies aligned with Gulf market dynamics.

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