Wholesale Investor Eligibility Calculator

This calculator checks whether you might qualify as a wholesale investor in New Zealand under the large or wealthy person tests in the Financial Markets Conduct Act. Most New Zealanders are retail investors, who receive the full protection of product disclosure statements and other safeguards when they invest. Wholesale investors, by contrast, can be offered certain investments without those protections, on the legal assumption that they are wealthy or sophisticated enough to assess the risks themselves. There are several ways to qualify, and two of the most common are based on wealth: holding net assets of at least one million dollars, or having earned gross annual income of at least two hundred thousand dollars in each of the last two years. You enter your net assets and your typical recent annual income, and the calculator tells you whether you appear to meet either threshold and which one. It is important to be clear about what this means and does not mean. Meeting a threshold does not make a wholesale investment a good idea; these offers carry fewer protections and are often riskier and harder to sell. This tool is general information only, gives an indicative result, and is not financial or legal advice. Always get independent professional advice before accepting wholesale status.