TIGER 21

"Whoever you meet at the bank, the accountancy firm, or the law firm, whatever their title, their job is to sell you something." This thought, shared recently at a TIGER 21 Meeting, captures something many ultra-wealthy families have realized: Advisors can offer excellent guidance for family businesses, but that advice may come with an agenda. On August 20, TIGER 21 Chairs Rob Garrett, Pritam Doshi, and Mark Troy will discuss why UHNW families are turning instead to confidential peer groups. Within their peer groups, Members can gather objective insights around questions like: Should the next generation join the family business or be free not to? Who breaks the tie when relatives who share control can't agree? What happens when a first-generation founder won't step back and let the next generation lead? Join us to hear how families across India, the Middle East, and the UK are working through these questions—and why trusted peers can offer insights no advisor can. Register here: https://lnkd.in/gwQPi8D9

Tax policy doesn't move capital nearly as much as uncertainty does. TIGER 21 Chair Gerry Morton, featured in a recent Impact Wealth piece, has a front-row seat to how California's proposed wealth tax is reshaping conversations among Los Angeles entrepreneurs and investors. In the Los Angeles TIGER 21 Groups Morton facilitates, Members are rethinking residency, liquidity events, trust structures, and where future companies will be built—even before the California legislation becomes a reality. As the article shares, the most consequential shift may not be who leaves California. It may be who never chooses to build there at all. Read the full article here: https://lnkd.in/gwjgZ-Zh

Formal inclusion and emotional inclusion are not the same thing. It's a distinction discussed regularly in TIGER 21 Family Office Group conversations. A family member can be accounted for inside a governance structure and still feel like an outsider. Once that happens, they start writing their own story about fairness and control. TIGER 21 Chair Chris Rose has observed that the families who navigate this well are deeply intentional, not just about structure, but about how people move through it over time. Hear more from this discussion: https://lnkd.in/gVy8UBdr

Technology can be replicated. The right management team, a loyal customer base, and market dominance cannot. That's the lens TIGER 21 Founder and Chairman Michael Sonnenfeldt applies when evaluating startups in the age of AI—and Forbes recently captured his thinking in detail. With AI compressing years of development into months, having a thesis about what offers real value can give an investor an edge. Inside TIGER 21, Members can bring questions like, "What separates a fundable startup from a technology casualty right now?” to the Meeting table for discussion with their peers. Explore Sonnenfeldt's full investing framework in Forbes: https://lnkd.in/gsWjRs9z

How do you transfer wealth without losing what matters? The latest edition of The Family Office Agenda takes that question on. It brings together conversations TIGER 21 Members are working through right now: 🔹The relationship families most often overlook 🔹Managing the transfer of international businesses across generations 🔹How to plan a handover that goes beyond estate documents 🔹Aligning the family around decisions that don’t have an easy answer Read the full edition here:

Multi-generational family businesses face challenging questions: Who gets a key role in the business? Who leads when the founder won't let go? How do you protect relationships when succession strains them? These are the questions a trusted peer community is built for. Join TIGER 21 Dubai Chair Pritam Doshi, Family Office Chair Rob Garrett, and Dubai Chair Mark Troy—leaders with decades of experience supporting ultra-wealthy families and businesses across India, Dubai, and the UK—for a candid conversation on what it takes to build a lasting legacy across generations. ‘Your Family Business: What Trusted Peers See that Advisors Can’t’ will explore how ultra-high-net-worth families in Dubai, India, and the UK are: 🔹 Balancing Next Gen family members who want to lead with those who would rather not be involved.  🔹 Managing the key relationships that determine whether a business survives the generational transition.  🔹 Navigating the tension between founders reluctant to give up control and successors who feel ready to lead.  🔹 Learning from peers who have already faced these challenges—and why that perspective can offer something traditional advisors cannot. Join us August 20 for this conversation designed for founders planning succession, Next Gen leaders preparing for greater responsibility, and family members involved in the governance of multi-generational family businesses: https://lnkd.in/gWkntWEe

Ask a family office principal what the hardest part of succession planning is, and many will point to aligning the family around decisions that don’t have an easy answer.  For example: Who should lead the family office? Who wants to—and is ready to—take over the family business? How will we make decisions as a family? How will we make room for all generations to be heard? What happens when there’s conflict around these decisions?  We see a couple of trends in the TIGER 21 community among the families who navigate these questions effectively:   🔹 They start difficult conversations early, before decisions become urgent.  🔹 They’re transparent about how roles and responsibilities could evolve, rather than letting assumptions fill the gaps.  🔹 They establish governance and decision-making processes before disagreements arise.  🔹 They recognize that preserving family relationships often depends as much on clarity and communication as it does on the structures themselves. No two families will reach the same answers. The important thing is ensuring everyone understands not just the decisions being made, but the principles behind them. Learn how TIGER 21 Family Office Groups provide single family office principals with a room of trusted peers to think these areas through: https://lnkd.in/gHJXrqqz

"The magic isn’t in the room or the setting - it’s in a single agreement we make before anyone speaks: Everything shared in a Group stays in that Group.” That's a distinction Lisa Holladay, Chief Experience Officer at TIGER 21, makes clear in her recent conversation with In Good Company PR. When you create an environment of true candor, something rare happens: Honesty stops feeling risky and starts feeling like a gift. That's what TIGER 21 Members experience every month. Read the full conversation on the In Good Company PR Substack: https://lnkd.in/gUm6wN4i

The foundations for successful wealth transfers often unfolds over decades. In the TIGER 21 community, we see a few commonalities between families who successfully transfer wealth across generations, including: 🔹 A shared understanding of what the wealth is actually for. Some families call this a family wealth mission statement. 🔹 A plan that goes beyond estate documents, one that addresses stewardship, values, or how the family will make decisions once the founder steps back. 🔹 Structures that fit the family, not just tax rules. The specifics depend on where family members are located, though the value of planning early holds wherever you are. 🔹 Real responsibility, handed over at an age-appropriate time. Involving the NextGen early gives them the opportunity to feel like true stewards of the family wealth. Read more insights from the TIGER 21 community in this collective intelligence report: https://lnkd.in/gSuEg58x

"I was not expecting to have such an identity challenge." In the video below, TIGER 21 Chair Arthur Woods describes the challenges he experienced during his first exit as part of our recent live webinar, Before the Sale: What Founders Wish They Knew—and Would Do Differently. For more TIGER 21 insights on the liquidity journey, watch the full recording of the conversation, also featuring TIGER 21 Chairs Vera Anderson and Reneé Erlich: https://lnkd.in/gFxEKsEK