What is a sophisticated investor?
A) An investor with a net worth equal to or exceeding $1,000,000.
B) An investor holding an active CPA license.
C) An investor with a portfolio of 50 or more securities.
D) An investor having knowledge and experience in financial matters.
E) An investor currently serving as an audit committee member.

Question

Quizplus · Accepted Answer

A sophisticated investor is typically defined as someone who has sufficient knowledge and experience in financial matters to evaluate the risks and merits of an investment.

What Is a Sophisticated Investor