How to achieve Ultra-High Net worth— Pillar WM

Everyone has their dreams, but the accomplishment of those aspirations often depends on the person’s ability to earn. This explains why many of us want to get rich overnight. Perhaps you’re already a high net worth individual and wish to become an ultra-high net worth individual. Either way, you’ve come to the right place. While there exists no formula that will make you super rich in an instant, adopting certain habits and taking some bold steps can put you right on track to maximize your net worth. If your wealth surpasses $10 million, reading our guide titled 7 Secrets to High Net Worth Investment Management, Estate, Tax, and Financial Planning should give you a head start. If you want to play safe and still achieve a ultra-high net worth status, connect with Pillar Wealth Management, which specializes in high-quality wealth management services for people holding $5 million to $500 million in liquid assets.



7 Secrets To High Net Worth Investment Management, Estate, Tax and Financial Planning


The insights you’ll discover from our published book will help you integrate a variety of wealth management tools with financial planning, providing guidance for your future security alongside complex financial strategies, so your human and financial capital will both flourish.

Clients frequently share with us how the knowledge gained from this book helped provide them tremendous clarity, shattering industry-pitched ideologies, while offering insight and direction in making such important financial decisions.

Before we go into how to achieve ultra-high net worth, let’s take the time to understand what constitutes being a high net worth or ultra-high net worth individual, and some insights into the top 1 percent net worth.

What Constitutes Being a High Net Worth or Ultra High Net Worth Individual?

When it comes to defining wealth status, there aren’t any legal standards in place. So, different countries or high-profile financial institutions have their own understanding of statuses like high net worth      or ultra-high net worth     . Yet, all definitions are more or less the same, with a few distinctions.

For example, many institutions consider those with more than $1 million in liquid assets as high net worth individuals and those with at least $30 million in liquid assets as ultra-high net worth individuals. However, the thresholds are slightly different for Pillar Wealth Management, for which individuals must hold $5 million and $25 million to fall under the categories of high net worth or ultra-high net worth individuals, respectively. To gain a more profound understanding of what constitutes being an ultra-high net worth individual, schedule a video consultation meeting with our wealth managers.

Anyhow, when you reach out to a company that says it only serves individuals with high- or ultra-high net worth, be sure to ask how it defines those categories.

Based on the information above, before asking, “How can I achieve ultra-high net worth?”, you should inquire,“How do you become a high net worth individual?” You can’t achieve the former without accomplishing the latter.

Besides, it’s important to understand that liquid assets refer to assets that are readily available to be invested. If someone with most of their wealth representing non-liquid assets has a net worth of more than $25 million or $30 million, they won’t be counted as an ultra-high net worth individual. For example, a real estate investor with most of their assets tied up with real estate properties won’t likely fall into these categories unless they hold other liquid assets meeting the aforementioned thresholds.

Also, to reach the high net worth or ultra-high worth tiers, your liquid assets must also be net of liabilities. Understandably, you can’t be among the richest with high levels of debt.

What is the Net Worth of the Top 1 Percent?

The minimum threshold to become the top 1 percent household is to possess at least $11.1 million. Quite amazingly, the combined wealth of the top 1% outstrips that of the entire middle class. However, making it to the top 1 percent still won’t make you an ultra-high net worth individual, which requires at least $25 million in liquid assets. When you do become an ultra-high net worth individual, you’ll be among the 0.003% of the world’s population.

Now that you have a fair understanding of what constitutes being high- and ultra-high net worth individuals and the net worth for the top 1 percent, it’s time to answer your question, “How can I achieve ultra-high net worth?”

How To Achieve Ultra-High Net Worth

How Can I achieve Ultra-High Net Worth?

Plan and Define Your Goals

You don’t acquire massive amounts of wealth out of the blue. To become exceptionally rich, you’ll need to be a goal-setter and determine what you want to achieve in a day, a week, a month, a year, and where you see yourself 20 years from now.

For instance, if you’re a millionaire, you must plan for how you can become a high net worth individual. If you’re a high net worth individual, you need to plan for how you can acquire the top 1 percent net worth. And if you’re already among the top 1 percent households, you must plan to become an ultra-high net worth individual. Without a life plan, we’re similar to leaves in the fall season, aimlessly floating in the air. To achieve our long-term financial goals, we need to have a blueprint in place. To learn more about how you can plan to boost your wealth, schedule a video meeting with our wealth managers.

Rely on Yourself

In all industries and walks of life, you’ll find people buying lottery tickets, hoping for the single event that will change everything for them. Remember, this lottery ticket mindset is often the greatest obstacle to accomplishing your financial goals because it deprives you of your responsibility and power to work toward your goals. If you conduct some research, you’ll find that the world’s most wealthy and successful people didn’t amass their wealth from a windfall in the stock market or a single lottery event. They capitalized on their strongest asset, that is, themselves.

Hence, if you really want to become an ultra-high net worth individual, you’ll need to break out of such thinking and actively work toward making money. This doesn’t mean you shouldn’t wish for free-flowing passive income. You’d definitely love that, but don’t waste your time looking for it in the very beginning. Take it as one of your end goals.

The lottery mindset may also tempt you to only go for hedges like gold or cryptocurrency. Those are great options, unless you choose to go all-in on one thing. The fundamentals of wealth management remain the same, so don’t escape diversification. Also, it’s best to seek sustainable long-term wealth building rather than trying to go from $1 million one day to $100 million another day.

In other words, adopt a wealth-boosting approach where the results depend not on the market, an event, or algorithms, but on you. You should have confidence in yourself that you’re the most powerful asset and that success relies on you, your vision, your work ethic, and the value you deliver to others.

Once you’ve developed trust in yourself and eliminated the lottery mindset, prioritize diversification, perhaps by keeping some portion of your wealth in precious metals and bonds that are in stable format and easily accessible. To learn about how you can maximize your asset portfolio, take the time to go through our free book titled 5 Critical Shifts For Maximizing Portfolio Growth Strategies – For Families Worth $5 Million To $500 Million.

However, if you have what it takes to build a business, you can hit your goal of becoming an ultra-high net worth individual even faster. We’ll dig deeper into this option in the next point.

Launch and Build a Startup

When working for someone else, the chances of becoming an ultra-high net worth individual or even a high net worth individual are pretty low. This is because when you earn as an employee, your upside of earnings always remains capped. You can certainly secure pay raises of 3 to 4 percent, but that won’t help you become an ultra-high net worth individual.

On top of that, your downside of earnings with a day job is always unlimited. For instance, getting laid off or fired will not just make your income disappear overnight but also render your investments in time, dedication, effort, and sacrifice useless.

On the other hand, if you check out Forbes billionaires list, you’ll find that the top ten, including Buffet, Gates, Adelson, Ellison, Walton, and Koch, are all entrepreneurs. When you own one or more businesses, you have a great chance of building a solid foundation for wealth and produce a massive financial windfall that makes you an ultra-high net worth individual. After all, there’s a reason why business succession planning is among the top strategies ultra-high net worth individuals use to protect their wealth. It’s their business or businesses that granted them this status.

So, if you have a business idea in mind that would solve a pressing issue that masses of people face or that targets a specific niche, go for it.

However, you need not quit your existing job to begin your entrepreneurial journey. In fact, it’s sensible to minimize your risk by keeping your full-time job while you build the foundation of your business. Take your chances with your business idea. If you are not an ultra-high net worth individual, the initiative may well provide you with the high net worth individual status. From there, you can brainstorm on how to boost your wealth further. To learn more about how nurturing a business can lead you to become an ultra-high net worth individual, book a video meeting with our wealth managers.

Protect Your Wealth

Sometimes, all it takes to become an ultra-high net worth individual is to protect your existing high net worth because the wealth you own now will let you make more money in the future. For a full-fledged solution to protecting your wealth, you’ll need to hire a financial advisor. Our short book titled Ultimate Guide to Choosing the Best Financial Advisor for Families worth $5 Million to $500 Millioncan help you with that.

Meanwhile, three of the most effective strategies to protect your existing wealth include:

Cultivate Financial Responsibility in Your Children

The reason you’re aware of the true value of your money is that you’ve built your net worth through years of hard work. Because your children or grandchildren haven’t seen those difficult times, they can take the wealth for granted and be reckless with it. To ensure that your wealth lasts for generations, teach your children the importance of financial responsibility.

Manage Risks

Risk management is crucial to protecting your hard-earned wealth. A large number of high- and ultra-high net worth families have lost considerable portions of their wealth because they failed to prepare for risks such as market volatility and lawsuits. Some steps to manage these risks include diversifying your investments, purchasing long-term-care or liability insurance, and so on.

An important task in managing risks is ensuring high performance for your investment portfolio. Our Performance Guide can guide you on this.

Plan for Business Succession

In many cases, a business or range of businesses are the biggest contributors to wealth creation. To protect and keep boosting your wealth, it’s critical to keep the business efficiently running. Since you’re not going to work until you die, plan for business succession ahead of time. Determine which of your children have the qualities of an entrepreneur or how you can instill them into one of your descendants.

Once you’ve decided who should take over your business, begin involving them in the business. By the time you’re ready to retire, they should have developed the capacity to run your business successfully.

While the aforementioned strategies canhelpyou achieve ultra-high net worth status, you may also benefit from studying our book titled The Art of Protecting Ultra-High Net Worth Portfolios and Estates: Strategies for Families worth $25 Million to $500 Million.You can acquire it now and read it while you become an ultra-high net worth individual.


By now, you should have developed an in-depth understanding of how to achieve ultra-high net worth. If you’re a high net worth individual, you’ll definitely need expert guidance to get to that point. Pillar Wealth Management, which serves investors holding $5 million to $500 million in liquid assets, is here to help. To learn about our extraordinary wealth management services, schedule a video meeting with our wealth managers.


To be 100% transparent, we published this page to help filter through the mass influx of prospects, who come to us through our website and referrals, to gain only a handful of the right types of new clients who wish to engage us.

We enjoy working with high net worth and ultra-high net worth investors and families who want what we call financial serenity – the feeling that comes when you know your finances and the lifestyle you desire have been secured for life, and that you don’t have to do any of the work to manage and maintain it because you hired a trusted advisor to take care of everything.

You see, our goal is to only accept 17 new clients this year. Clients who have from $5 million to $500 million in liquid investable assets to entrust us with on a 100% fee basis. No commissions and no products for sale.

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