Who Is a Sophisticated Client?

The proposed definition of 'sophisticated clients' would include clients, which have received independent legal advice or which have in-house legal departments and the exception would not apply in litigation matters.

What is considered a sophisticated?

If something is sophisticated, it's complicated and intricate. ... People are sophisticated if they have plenty of worldly experience and what is generally regarded as "good taste." Sometimes, that just means they have a lot of money and like things that are fancy.

Who is a sophisticated investor?

A sophisticated investor is a high-net-worth investor who is considered to have a depth of experience and market knowledge that makes them eligible for certain benefits and opportunities.

Alexander Ross

Alexander Ross

Gaming, Esports & Interactive Media Writer

Alexander Ross has covered the video game industry for a decade, writing deep dives on game design, esports tournaments, VR developments, and gaming culture.