[short_sells_poo]

To most of these firms, a new client with $1mln is not worth the hassle at all. On the off chance some capacity is freed up, its given as priority to clients who have 100s of millions invested already. To a degree it's a privilege to invest in this league.

[fractionalhare]

Yeah. A well-performing fund will never open its books for a seven figure check. They could likely find a senior employee (not even a partner) willing to invest that.

Another investor is another person you have to have a relationship with.