HIGH NET WORTH INVESTOR NETWORK WELCOMES 250TH MEMBER

High Net Worth Investor Network Welcomes 250th MemberTIGER 21, the peer-to-peer learning network for high net worth investors, has welcomed its 250th member while hitting the $25 billion mark in terms of total member assets.Founded in 1999 with an initial roster of New York-based investors, Tiger 21 – an acronym for The Investment Group for Enhanced Results in the 21st Century – now has groups in 16 cities in the US and Canada. The majority of members have assets between $10 million and $100 million, with a significant number of members above the $100 million range.The concept of establishing forums for like-minded investors has gained ground in recent time, as more and more firms and advisors realize the importance of addressing the softer elements of wealth management such as education, communication and the cross-pollination of ideas on a range of topics. In the past year, Tiger 21 has launched groups in Austin, TX, Atlanta, GA. Chicago, IL, Palm Beach, FL, and Seattle, WA. The organization has also added a second group in Miami and Washington DC. These groups add to Tiger 21’s existing network of groups in Dallas, TX, Los Angeles, CA, New York, San Diego, CA, and San Francisco, CA, along with Canadian groups in Calgary, Montreal, Toronto and Vancouver. Members are primarily entrepreneurs, but also include corporate executives, as well as Wall Street professionals, long-time private investors and senior members of high-profile real estate firms and funds across the US.The groups meet monthly to share investment ideas and experiences on a range of wealth-related issues. Charles Garcia, chair of the Florida group, previously told Family Wealth Report that 50 per cent of the meetings are focused on investments and the other half are focused on business, personal or family issues. Members also have access to investment opportunities including private equity, real estate and hedge funds.”I think it’s interesting that when people accumulate a lot of wealth, they have a certain feeling of isolation,” Garcia said. “When you have sold a business, for example, you might have a lot of money, but that doesn’t necessarily make you a good investor. The same skills that madehttp://www.wealthbriefing.com/html/article.php?id=62702