An accredited investor is someone who meets specific financial or professional criteria, allowing them to invest in private securities offerings not registered with the SEC. In 2025, the rules have evolved: eligibility now includes not just income or net worth thresholds, but also professional certifications and certain roles within investment firms. The SEC’s latest updates emphasize financial acumen alongside financial capacity, expanding access to private markets while maintaining rigorous standards. If you’re considering becoming an accredited investor, ensure you meet the criteria, prepare your documentation, and understand the risks—private investments are high-risk and illiquid, demanding thorough due diligence.