An investor with $900,000 of investable assets would normally be categorised as:

Investor Categories Based on Investable Assets

Mass Affluent: $100,000–$1,000,000

High-Net-Worth Individuals (HNWI): $1,000,000–$5,000,000

Very-High-Net-Worth Individuals (VHNWI): $5,000,000–$30,000,000

Ultra-High-Net-Worth Individuals (UHNWI): Over $30,000,000

Why $900,000 Falls into HNWI?

Although $900,000 is close to the HNWI threshold, the term is often used flexibly for individuals who are near the $1M mark.

Banks and wealth managers generally consider $900,000 within this category because they have similar service needs.

ICWIM Textbook, Chapter on Investor Profiling: Defines HNWI thresholds and explains their investment behavior.

Wealth Management Industry Standards: High-net-worth classification begins near $1M.

ReferencesThus, the investor would normally be categorized as B. High-net-worth.