An investor with £900,000 of investable assets would normally be categorized as:

Investor classifications are based on financial assets, typically excluding property.

Why is Option B Correct?

High-net-worth individuals (HNWIs) are those with £500,000 to £1 million in investable assets.

Mass affluent investors usually have £100,000 to £500,000.

Why Not Other Options?

A (Mass affluent) → Below £500,000.

C (Very-high-net-worth) → Typically £1 million to £5 million.

D (Ultra-high-net-worth) → £30 million+ in assets.

???? Reference: FCA High-Net-Worth Client Classification, CISI Wealth & Investment Management.