SIE - Securities Industry Essentials Exam

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Which of the following is an accredited investor?

A married couple that earned $250,000 per year for the prior 2 years and expects to make $250,000 per year for the next 3 years
A
A married couple that has assets of $2 million excluding the value of their primary residence
B
An individual that has assets spread out among numerous asset classes that total $1 million dollars including their primary residence
C
A married couple that earned $350,000 per year for the prior 2 years and expects to make $250,000 per year for the next 2 years
D

Explanations

A net worth of $1 million excluding the primary residence either alone or with a spouse is required to be an accredited investor OR a married couple that has earned $300,000 over the prior 2 years and expectations to make at least $300,000 over the next year ( $200K for a single person ).

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