New York’s Tiger 21 today announced the launch of its inaugural Detroit group, which will be led by Ian Burnstein. The investment group is a peer membership organization for high-net-worth wealth creators.
As chair of the company’s Detroit group, Burnstein will lead monthly meetings, providing an opportunity for affluent individuals to improve their investment strategies and market knowledge while exploring the issues of wealth preservation, estate planning, family governance, and philanthropy.
“Detroit is experiencing explosive growth in many areas, and new business opportunities abound,” says Burnstein. “Perhaps the city’s best-kept secrets are the talent, wealth, and expertise of its people. As chair of the Tiger 21 Detroit Group, I look forward to bringing these individuals together, not only to support each other as they negotiate the many challenges and opportunities that significant wealth can create, but also to attract more investment in the city’s economy.”
Burnstein is the principal and co-founder of both Storage Business Owners Alliance, a buying cooperative group for self-storage owners, and of Equitable Advisors, a full-service advisory firm helping other entrepreneurs execute on their business model. He is also owner of Storage Pro Management, which oversees self-storage facilities in several states, including Michigan. He also serves as the president of the board of the Dr. Gary Burnstein Community Health Clinic, which provides free health care in Pontiac for more than 8,000 people annually.
“Tiger 21’s presence in Detroit provides an opportunity for members to engage with and help the community. To this end, I will be including speakers from nonprofit organizations during our meetings. I believe it is essential to give back to your community,” says Burnstein.
Several economic indicators led to Tiger 21’s entry into the Detroit market, including the city’s emergence from bankruptcy, rising housing prices, new commercial developments, and the increasing number of residents choosing to remain in the area. The 19-year-old organization has groups in 30 major markets in the U.S., Canada, and Europe.
“Our Detroit Tiger 21 Group is growing fast, with members joining from a variety of industries, including technology, real estate, and finance,” says Michael Sonnenfeldt, founder and president of Tiger 21. “Ian knows Detroit inside and out, and his many years of experience in business and philanthropy will be a tremendous asset to both our members and the greater Detroit community.”
Tiger 21 has more than 600 members that collectively manage personal assets of $60 billion. Members are current and former entrepreneurs, investors, and top executives.
Burnstein earned his bachelor’s degree from the University of Michigan and his juris doctorate from the University of Detroit Mercy.