High-Net-Worth Investor Network’s Southwest Expansion Led by Local Entrepreneur Steve Schmitz
New York, NY – August 29, 2017 – TIGER 21, the premier peer-to-peer learning network for high-net-worth wealth creators, today announced it has further expanded its U.S. presence with the launch of a new group in Scottsdale, Arizona. This latest group, the 52nd in TIGER 21’s network, will be chaired by area entrepreneur and investor Steve Schmitz.
The organization currently has more than 500 Members across North America and London, collectively managing approximately $51 billion in assets. Their backgrounds and areas of expertise are wide-ranging and encompass diverse industries. Scottsdale, which has in recent years emerged as a significant incubator for entrepreneurial activity and talent, marks a natural expansion market for the prestigious network. According to Hoover’s Inc., between 2010 and 2015, over 13,000 companies generating at least $5 million in annual sales have launched in the Phoenix/Scottsdale area.
Mr. Schmitz will lead monthly meetings that provide TIGER 21 Members with a confidential peer forum in which to explore a range of critical issues including investment strategies, wealth preservation, philanthropy, estate planning, health issues, and family governance.
“As a longtime Scottsdale resident and businessman, I have been encouraged by the proliferation of thriving businesses which have been started here in recent years,” remarked Mr. Schmitz. “Now, through TIGER 21, I am eager to help other successful entrepreneurs at various stages of their careers to navigate the unique opportunities and risks inherent to significant wealth.”
“The Phoenix Valley has a vibrant economy that is fostered by robust public-private partnerships, and as such we have seen increasing demand for our peer learning model,” said Barbara Goodstein, CEO of TIGER 21. “Steve’s own experiences as an accomplished investor and entrepreneur undoubtedly equip him to lead this group, stimulating thoughtful conversation that helps local leaders to not only further their economic prowess, but lead more fulfilling lives.”
Mr. Schmitz is a successful entrepreneur and CEO, having spent more than three decades investing and allocating capital for the benefit of both private investors and public shareholders. As a contrarian investor in 2008, he co-founded and was Chairman and CEO of American Residential Properties, Inc. This start-up operation became a public REIT (NYSE:ARPI), which ultimately owned and managed over 9,000 single family homes in 12 states. In early 2016, the firm was purchased by American Homes 4 Rent. Currently Mr. Schmitz is CEO of America’s Specialty Finance Company (ASFC), a private boutique lender providing short term bridge financing to real estate entrepreneurs. Prior to launching American Residential, he spent 15 years providing capital to the chain restaurant industry.
Mr. Schmitz earned his bachelor’s degree from Franklin University, and subsequently his Master of Business Administration at The Pennsylvania State University. He is a member of several professional organizations, and is active in philanthropic pursuits.
For more information about the TIGER 21 Membership experience, please see here.
About TIGER 21
TIGER 21 (The Investment Group for Enhanced Results in the 21st Century) is North America’s premier peer-to-peer learning network for high-net-worth wealth creators. TIGER 21’s 500+ Members collectively manage personal assets of approximately $51 billion and over $115 billion in assets when assets managed for others are included. Members are entrepreneurs, investment managers, and top executives. TIGER 21 focuses on improving investment acumen as well as exploring common issues of wealth preservation, estate planning, and family dynamics in the context of a unique community of peers. Founded in 1999, TIGER 21 is headquartered in New York City and has groups in Atlanta, Austin, Boston, Charlotte, Chicago, Dallas, Denver, Houston, Los Angeles, Miami, Nashville, New York, Newport Beach, Palm Beach, San Diego, San Francisco, San Juan, PR, Scottsdale, Seattle, St. Louis, Tampa, and Washington, DC as well as international groups in, Calgary, Edmonton, London (UK), Montreal, Ottawa, Toronto, and Vancouver. More information can be found at www.TIGER21.com
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