[jaguar]

The bit you quoted is more about gauging a client's view of the money rather than portfolio details. That kind of compass is used for bread and butter private banking accounts - 1-5m to help work out a balance between different investment options.

I get what you mean and am familiar with the kind of funds you're talking about but I include hedge funds and other oddities in there as well. Highest floor? Hard to tell, I'm not that familiar with the top end of the market but in certain circles I doubt that would get you in the door. The line between a fund and a consortium of investors gets a bit thin up there, look at the group that are looking out bailing out yukos for example, chances are they're putting up 9 figures each. Wasn't publicly open but if you knew the right people and known to be up for a long enough punt someone might have given you a call, some school tie stuff as well no doubt, was a london job. Some public hedge funds would probably be close to that 2m figure, the serious global macro types that take 10 figure gambles expect a certain level of commitment and a high level of understanding of what you're getting yourself into.