Ermm... HNWI have very similar options?

High Risk

Options
Equity Linked Notes
Currency Linked Notes
Straight equities from worldwide markets
Junk Bonds
Private Equity
Angel Investing
Hedged Funds with different themes

Medium Risk
High Yield Bonds
Commodities
Unit Trusts/Funds
Property Investments

Low Risk
Sovereign bonds
Investment grade bonds
Money Market Funds
Universal Life


This difference for most HNWI is that they have access to leverage. Most PB will give 100% leverage for clients and up to 90% for certain bonds. With current low IR, leverage is a sure winner.