What is an accredited investor?

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This means each individual angel is either making over $200K in each of the two most recent years (or joint income with a spouse that exceeds $300K) or that they have $1M in assets excluding their primary residence. With this in mind, the number of accredited investors is just 1% of the US population.

In essence, we could arguably state that people qualifying under the SEC’s current definition of accredited investor are very busy individuals with a schedule that can hardly accommodate additional activities such as the ones listed above that are required in order to be a member of an Angel Group.

tpr Train Answered on September 7, 2015.
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