Alternative Investments
First American Bank can also make available alternative investment products such as hedge funds, REITs, and short extension strategies.
- Some of the investment products will require $1 million minimum investment and require the purchaser to meet the SEC definition of an accredited investor.
- To be an accredited investor, a person must have a net worth of at least $1 million US dollars or have income at least $200,000 per year, or a joint income of $300,000 in each of the last two years, and expect to make the same amount in the current year.