High Net Worth
TIGER 21 Homes In On HNW Segment In South Florida With New Miami Group

TIGER 21 has announced a second group in Miami, as the peer learning group for high net worth investors looks to tap the expertise of wealthy individuals and families in South Florida.
TIGER 21, the peer
learning group for high net worth
investors, has created a second group in Miami, as it looks to
tap the expertise of wealthy individuals and families in South
Florida.
The New York-headquartered organization, which first formed
a Miami-based group in 2007, said it is also planning to
establish a group in Palm Beach
by the end of the year.
The Miami
initiative has been led since 2011 by Charles Garcia, who,
besides his role as
chair, is also chief executive of Garcia Trujillo, a consulting,
merchant
banking and venture capital firm focused on the global Hispanic
market.
“We have attracted a diverse membership in Miami that includes
successful entrepreneurs
and business-owners, senior executives, Wall Street professionals
and money
managers,” said Garcia.
Florida has attracted much attention from a host of wealth
managers during the past year or so. Indeed, according to a 2012
study by WealthInsight, which looked at
ultra high net worth state populations, Florida came out fourth
with an
UHNW population of 2,597, highlighting the prospects in the
region.
Ahead of Florida was Texas (3,828), New York (4,363) and, in
first
place, California (4,929).
Members of the TIGER 21 network share their knowledge and
experiences
with issues relating to finance, investments, managers and
advisors by
attending monthly meetings, annual conferences and exchanging
information via an exclusive website.
In June last year the firm added estate planning,
philanthropy, business evaluation and risk management to its
curriculum. Family
and health are also big themes, it said.
TIGER 21, an acronym for The Investment Group for Enhanced
Results in the
21st Century, now has 220 members, which collectively manage over
$20 billion
in total assets.
The organization has a presence in New York,
Los Angeles, CA,
San Francisco, CA,
San Diego, CA, Miami, FL, Washington, DC, and Dallas, TX, as well
as
Canadian groups in Vancouver, Toronto,
Calgary and Montreal. The annual investment in a membership is
$30,000, according to its website.