David Durlacher
The Steward
Legacy, values and the long now, leadership as care and continuity.
David Durlacher presents as a classic Steward in this interview, grounding his leadership philosophy in multigenerational continuity, client trust, and purposeful wealth management. He repeatedly frames Julius Baer International's 130-year heritage as a source of cultural clarity, insisting the firm does one thing and does it well.
“There are in the minds of every business, leader, areas where they could have done better, where they could have made a decision faster or they didn't make a decision which they have come to regret. There are many things that I have looked back on and say, yes, I could have taken a different course of action.”
“Investing as it traditionally has been is not boring and yet it runs that risk. There was a study done a couple of years ago which looked at younger high net worth investors and they by and large classified themselves as conservative and yet had a growth expectation return expectation of over 10% per annum and I don't see that those two t…”
“That is right, yes. I went around Ethiopia. I've been into the deserts of Sudan. My mother used to be an archaeologist. And so I grew up with a passion for going around dusty ruins. And that is still an interest that I have. I love the Middle East as a region. I learned Arabic in SOAS a few years ago through night classes.”
“We have a proximity to where those local economies are. We understand them. We have some of the best people in wealth management who are operating from those locations. And yet these people are able to tap into global economies.”
Money Maze Podcast: “David Durlacher, CEO of Julius Baer International, discusses the evolution of the global wealth management industry”
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