TIGER 21, a US-based peer learning network for high-net-worth investors, has established a new Chicago group, bringing the number of cities across North America with a TIGER 21 presence to 15.

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According to TIGER 21, the Chicago group will follow its pooling collective intelligence model for high-net-worth investors, who meet monthly to exchange investment ideas and share personal experiences on wealth-related issues.

TIGER 21 will also offer members with access to investment opportunities, including private equity, real estate and hedge funds, as well as participation in a host of other alternative investments.

Rich Harig, a financial industry professional and family wealth advisor, will manage the Chicago group. He founded Legacy Resources in 1994 after spending more than a decade in the securities industry.

Jonathan Kempner, president of TIGER 21, said: "We have seen Rick Harig in action and are certain that he will be a strong chair for us in Chicago. Not only does he have a long and successful track record counseling high-net-worth families on important financial, investments and personal issues, but he also has personal experience as an entrepreneur – something very relatable to many of our members."

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The Chicago group will start meeting in early 2014, once a majority of the 10-12 Member slots for the initial group are filled.

Kempner added: "We expect that some of those Members will take advantage of having a home town group. And we know there is an untapped mine of prospective Members in Chicagoland that can benefit from the TIGER 21 experience."