It's too overt to say "rich", and "sophisticated" has a much nicer ring to it. Haha
It's one of those things that has good intentions, but you could argue it just keeps the 'riff raff' out of opportunities the wealthy get to enjoy.
Or, in many cases, it stops shills flogging crappy financial products to those least able to wear the inevitable loss..
I think it's madness to include the family home. I'm assuming it's the net value after accounting for the mortgage? But wouldn't surprise me if it's just the gross market estimate.