What is TIGER 21?
Why was TIGER 21 formed?
What is TIGER 21’s Membership profile?
How many Members are there and what are their aggregate assets?
Are Members permitted to conduct business with one another?
Who leads the Group?
How many Members are in each Group?
Why is the Group experience so important?
How is the schedule of meetings determined, and what does the meeting schedule look like?
How many meetings am I required to attend per year?
What is the “Portfolio Defense®”?
What presenters are invited to TIGER 21 meetings?
Does TIGER 21 have corporate sponsors?
What are the private online resources available to TIGER 21 Members?
What investment research does TIGER 21 produce for Members?
What does TIGER 21 do to protect privacy?
How much does membership cost, and what is covered?
Briefly, what is the process to become a TIGER 21 Member?

What is TIGER 21?

TIGER 21 is the premier peer membership organization for high-net-worth individuals. The TIGER 21 learning experience centers on improving the Members’ investment acumen through peer-to-peer critique and learning, as well as through one-on-one individual sessions with a Member's Group Chair. Common topics for discussion include wealth preservation, estate planning, and family dynamics.

Why was TIGER 21 formed?

TIGER 21 was co-founded in 1999 by Michael Sonnenfeldt, a real estate entrepreneur who had recently sold his second business, and Richard Lavin, who was an active partner in TIGER 21 for its first eight years. Michael wanted to learn how others in a similar position came to understand best practices around the new responsibilities of wealth preservation and management. Michael had been in a CEO learning Group, where other Members had also sold their businesses. Together they formed the core of TIGER 21’s first Group. The founding Members of that Group shared the belief that discussing ideas and concerns in an open, confidential and mutually supportive setting would create significant tangible value in their personal portfolios. Importantly, it would also enrich their lives, as they would now have a confidential forum in which to discuss family, social, and philanthropic issues that were impacted by their wealth. They formed The Investment Group for Enhanced Results in the 21st Century, from which the name TIGER 21 was derived.

What is TIGER 21’s Membership profile?

TIGER 21 is a unique community defined by its membership. All Members have been successful in their fields. TIGER 21 Members are “wealth creators” who come from all sectors of industry. Some have created, built and sold their own businesses. Others are Wall Street executives, CEOs of major companies, or real estate investors, to name a few examples. Some have exited their careers, while others find value in TIGER 21 while continuing to be immersed in their existing jobs and businesses. Masters of the entrepreneurial cycle, all are life-long learners. They join TIGER 21 to gain a very different skill set: the ability to be a disciplined manager of their wealth and gain insights from peers.

How many Members are there and what are their aggregate assets?

At present, over 600 TIGER 21 Members in 50 Groups across the U.S., Canada, London, and Switzerland, manage in excess of $50 billion in personal investable assets.

Are Members permitted to conduct business with one another?

Frequently, Members do choose to do business with each other through co-investments, other structures or scenarios. In fact, over TIGER 21’s initial 18 years, Members have formally and informally invested together in dozens and probably hundreds of transactions. These relationships occur solely at the discretion of Members and TIGER 21 does not serve as an intermediary in these relationships. Unlike other peer-to-peer learning Groups which actively discourage business dealings among the Members of a Group, TIGER 21 does not. Due to the ever-present potential for conflicts, these business relationships must be disclosed to their Group and Members agree to keep their Group fully informed about the progress and status of any material business dealings with one another.

Who leads the Group?

A TIGER 21 Chair facilitates each meeting and is the group’s ongoing leader. TIGER 21 Chairs are proven leaders who have the rare combination of the essential skills, experience and knowledge of group dynamics, business and investment acumen, coupled with the insight and experience of working with high-net-worth-individuals that helps produce fresh insight to Members, stimulating new ideas and opportunities.

Their goal is to create an environment of cooperative learning and to manage the flow of the meeting as complemented by guest presenters, Portfolio Defense sessions, and Members’ consideration of investment opportunities. Chairs are carefully vetted and selected by TIGER 21 and then participate in training and development sessions throughout the year in order to deliver the best possible Member experience. TIGER 21 Chairs are Independent Contractors who together form an elite community of experienced and successful senior executives, leaders and entrepreneurs who share a passion for helping others succeed. To learn more about opportunities to Chair a TIGER 21 Group click HERE.

How many Members are in each Group?

Groups average between 10 and 15 Members, in addition to the Chair.

Why is the Group experience so important?

TIGER 21 believes that many heads can be better than one. TIGER 21’s peer-to-peer, 10-15 person learning group model provides a valuable reference point for decision-making. Each TIGER 21 Member brings his or her experience, judgment, wisdom, curiosity, and integrity to the table, and collectively, the Group operates like a personal board of directors for one another. The range of expertise and investment styles among Members, shared in an environment of trust and transparency, offers unique insights not found elsewhere. TIGER 21 calls this “Collective Intelligence®.”

Members also cite active collaboration with peers, peer feedback on their portfolios, access to unique investment ideas, and fulfilling business and personal relationships among the many benefits they enjoy from their membership.

How is the schedule of meetings determined, and what does the meeting schedule look like?

The calendar of meetings is set up to a year in advance. Members meet for a full day, once a month, 11 times per year. Meeting times vary by Group, but all follow a similar agenda. The calendar also includes frequent Member-led conference calls, Headliner Series luncheons, an Annual Conference for the full Membership, periodic events designed for spouses and adult children of TIGER 21 Members and many other events that expose Members to unique opportunities or help Members navigate difficult times successfully.

How many meetings am I required to attend per year?

TIGER 21 asks that each Member commit to attending at least nine of the 11 meetings in person, each year. Many Members build their travel calendars around the TIGER 21 meeting schedule, which is available up to a year in advance. Occasionally, Members do participate in sessions by telephone if they cannot be present in person.

What is the “Portfolio Defense®”?

Approximately once a year, each Member is required to present his or her personal investment portfolio for an in-depth review and analysis in the context of their stated philosophy, investment criteria and goals. Financial results are presented in writing, and the presenting Member will need to “defend” the stated objectives and demonstrate how the portfolio’s composition and performance reflect these objectives. The Member must balance investment strategy, inter-generational issues, philanthropic interests and daily living needs. This level of exposure and intimacy is unique to TIGER 21.

Generally, there is one Portfolio Defense® per meeting, and TIGER 21’s process is designed to deliver as much value to the other Members in the Group as to the Member defending his or her portfolio. In part, each Member can gain insights from how others approach challenges and opportunities they may be experiencing in one form or another. The focus of these sessions is to harness the Collective Intelligence® of the Group by identifying potential problems or opportunities for the Member presenting his or her portfolio. Overall risk management, diversification, tax efficiency, and downside protection are among the factors Groups explore in depth. The defense process helps fellow Members to see the relationship between their strategies and their objectives, as well as to better understand the biases and blind spots that may influence their investment decisions.

What presenters are invited to TIGER 21 meetings?

The TIGER 21 Presenter Program introduces Members to a wide variety of eminent investors, money managers, chief economists, and Wall Street chieftains, as well as leading authors and experts from beyond the world of finance. Most of TIGER 21’s presenters are nominated by Members who seek their Group’s opinions on an investment idea they may be considering, and some are sourced from leading investment firms and thought leadership roles around the world. These highly interactive presentations are invaluable to Members given the “closed door” setting and direct Q&A time during each presentation.

As the premier network of peer-to-peer learning Groups for high net worth investors, TIGER 21 often has access to the very best presenters, but over time, Members’ personal involvement in selecting and inviting presenters has helped shape TIGER 21’s curriculum.

Does TIGER 21 have corporate sponsors?

TIGER 21 has strategic partners who host events from time to time. Our goal is to identify partners in every field, who can bring added value, access, or unique benefits to our Members.

What are the private online resources available to TIGER 21 Members?

TIGER 21’s Members-only website features an audio archive of all previous presenters with presentation materials and biographical information, a Member directory with Member profiles, a calendar of all TIGER 21 events, and discussion forums on topics ranging from private placement deal flow to strategic philanthropy to requests for assistance with personal matters. The website also provides a master scheduling function for Members to learn about presentations and activities occurring across North America, virtually all of which they may attend as part of their membership.

What investment research does TIGER 21 produce for Members?

TIGER 21 does not provide investment advice or recommendations to buy or sell securities, to hire any investment adviser or to pursue any investment or trading strategy.

However, TIGER 21 produces a quarterly Asset Allocation Report that is designed to measure the aggregate asset allocation exposures of its Members based upon their Portfolio Defense presentations. TIGER 21 also publishes the results of its Member Favorites Survey on an annual basis. This report provides an in-depth look at Members’ favorite investments, financial advisors and many other areas over the prior year. The report also analyzes Members’ predictions on what they are expecting in years to come, from global trends to investment forecasts. On occasion, TIGER 21 also reports on findings from Member surveys on various investment topics and macro trends.

What does TIGER 21 do to protect privacy?

Confidentiality is critical to the health and success of each TIGER 21 Group. TIGER 21 Members are willing to share sensitive information because TIGER 21 has established an environment of complete trust and integrity within the organization. Each TIGER 21 Member must honor the TIGER 21 rules of confidentiality, which require absolute confidentiality with respect to any information a Member learns about another Member’s net worth, financial affairs or income; and absolute confidentiality with respect to any private or non-public information about the investments or personal and family issues of another Member. This includes the agreement not to engage in the trading of any public securities based on any confidential information that a Member gains through involvement in a TIGER 21 Group. Moreover, each Member agrees not to compete against any other Member for any investment the Member learns about through the disclosures of another Member.

How much does membership cost, and what is covered?

Annual membership dues are $30,000 in the United States with a foreign exchange accommodation for Canadian Members. This investment covers one full year of membership, including all costs for the eleven regularly scheduled monthly meetings, conference calls, Members-only website access and presenter audio archive, and a number of all-Member events. Each Member also has the opportunity to attend non-confidential portions of Group meetings in other cities across North America on an "as available" basis; and may attend any Headliner Series luncheon in New York or elsewhere.

A wide array of Member benefits is also available through its partnerships to provide education, advice and access to best-in-class products, services, and experiences that would otherwise be inaccessible or hard to duplicate. This is done by leveraging the combined spending power and influence of Members to create better access, compelling values and a privileged buying environment.

Briefly, what is the process to become a TIGER 21 Member?

TIGER 21 is not for everyone. Members must be willing to invest one full day a month, and must bring ideas for candid discussion to their Groups. The benefits accrue over months and years through unbiased, knowledgeable, insightful advice from investors in similar situations. For these reasons, TIGER 21 invites Candidates to join the organization by way of a thoughtful membership process.

In an initial series of conversations with TIGER 21 staff, TIGER 21 seeks to identify Candidates who meet the criteria of membership:

  • Will current Members see the Candidate as a financial peer in terms of overall net worth?
  • Will the Candidate be able to commit to attending meetings on a regular basis?
  • Will the Candidate be able, and willing, to contribute valuable insight in discussion?
  • Does the Candidate enhance the diversity of sectors represented in the Group?
  • Does the Candidate have a clear sense of what he or she is here to learn?

The confidential process of qualifying Members also includes a comprehensive background and credit check and conversations with references, one of whom must be a CPA or other professional advisor who can provide written verification of the financial qualifications of the Candidate. As an alternative, the Candidate can provide copies of recent statements from a financial institution substantiating investable assets in excess of $10 million.

As TIGER 21 assesses Candidates for membership, they too must assess TIGER 21; with this in mind, Candidates may be invited to visit a Group meeting. If Candidates choose to attend a meeting, they will be required to sign a Prospective Member Nondisclosure/Confidentiality Agreement and to provide a brief professional bio which will be shared with the Group. In the Group meeting, Candidates will participate in the World Update, Issues and Opportunities, any presentations and subsequent discussion. Candidates may be invited to attend the confidential Portfolio Defense®.

If you are interested in learning more about TIGER 21, please complete the contact form and you will receive a copy of our most recent Asset Allocation Report.