An Annual Checkup for Your Finances: TIGER 21 Portfolio Defense

Immense wealth can open doors to numerous opportunities, but it doesn’t necessarily lead to lasting fulfilment. While some ultra-high-net-worth individuals find joy and meaning in how they use their wealth, others – particularly entrepreneurs who have had a liquidity event – can feel uncertain about their purpose once their business journey has come to an end. Learn more in our Life After Selling a Business Series. 

Finding Purpose by Asking Questions 

Finding the answer to “What’s next?” or “How do I want to live my life?” can be challenging and overwhelming, leaving you unsure of where to even start. While it might not sound intuitive, looking at your portfolio and asking questions about how you save, invest, and what’s important to you can help clarify these big life questions. Many TIGER 21 Members have realized this first-hand during their annual Portfolio Defense, a pillar of the TIGER 21 Group Meeting experience.

Unique to TIGER 21, Members present their Portfolio Defense annually, disclosing their entire investment portfolio to their Group to gain insight into their assets, liabilities, and more. Through honest and open discussion and feedback, the Member then builds an action plan to close any gaps, protect their wealth, and preserve their legacy for future generations. 

The option to present a Portfolio Defense each year gives Members the opportunity to take a step back within their Group of trusted TIGER 21 peers and examine the possible outcomes by looking at their specific investments and finances. 

What is the TIGER 21 Portfolio Defense and its purpose? Listen in as TIGER 21 Founder Michael Sonnenfeldt shares the “secret sauce” behind this opportunity to leverage the uniquely different perspectives of your peers.

The Benefits of Examining Your Portfolio 

Make a More Meaningful Impact. The Portfolio Defense is highly customized and individualized, and over the course of a person’s membership can evolve as the Member and his or her goals or investment strategies evolve. For example, initially Members may want insight into their overall asset allocation, while later in their Membership, they may want to hear thoughts about the next phase of their philanthropic journey or guidance on how much funding to provide a child starting a new business or buying a home. 

Access to Collective Intelligence . The portfolio discussion includes unique insights and experiences shared by the Group, and helps individuals understand the relationships between strategies and objectives while shining a light on issues relevant to the entire Group, not just the Member presenting the Portfolio Defense. 

Gain Fulfillment . Using this thorough, whole human process in an objective, unbiased, and confidential group setting can help increase happiness and alignment with purpose for those who choose to engage and ask challenging questions of themselves and their peers. 

Hear TIGER 21 Member Rob Dyrdek talk about how his Portfolio Defense changed the way he thought about his finances – and why it became one of his most profound experiences. 

Aha! Moments from Members 

• One Member stated his desire for a simplified life. However, when he assessed the types of deals in which he was currently investing, he realized they were overly complicated and taking a large portion of his time. He decided to pull back from investing in complex deals that required so much of his attention, in order to streamline his life and focus on his philanthropic initiatives. 

• Another Member discovered a path to her “true north.” She gained clarity on ways to engage in new philanthropic endeavors that matched her values and began to align her time with things that mattered most to her. 

• One other Member uncovered simple ways to increase his happiness quotient. After consulting with his Group, he decided to revisit his spending habits and made his new practices explicit within his family. This significantly reduced conflict with his partner and created greater clarity and ease with his entire family. 

Reviewing one’s portfolio is a deeply personal journey, shaped by the diverse perspectives each participant brings to the Portfolio Defense process. Taking the time to step back with like-minded individuals to assess personal goals in terms of finances and time can be a transformative experience, fostering a life filled with greater purpose and intention. 

TIGER 21 is a peer advisory organization for wealth creators to learn and reflect upon investing, life, and family. Learn more about the monthly Group meeting, types of Groups, and more here.