Consumers who have between $100,000 and $250,000 in investable assets are termed mass affluent and are one of the fastest growing segments in the United States.

Question

Quizplus · Accepted Answer

The mass affluent category, typically defined as individuals or households with investable assets ranging from $100,000 to $250,000, is indeed recognized as one of the fastest-growing segments in the United States, reflecting a significant portion of the population that is targeted by financial institutions for a range of investment products and services.

Consumers Who Have Between $100,000 and $250,000 in Investable Assets