Since 2004 the Private Wealth Council held four meetings in Davos and Bad Ragaz to discuss issues relevant to repsonsible wealth owners. These meetings have involved owners of private wealth, thought leaders and selected wealth industry professionals. The discussions have been designed to articulate the unique perspective of private wealth owners (as opposed to corprate or political leaders) and evolve solutions to the change wealth owners and their families see taking place in our world. These changes relate not only to business issues but also how affluent families can prosper in a holistic sense.

Previous groups agreed that the focus of the group should be: "What are the responsibilities of private wealth owners (for us, our families, society and the environment)?" It was also agreed that investing can be on the 'right side of change' or, at least, reduce the efffects of harmful developments in the world without diminishing ROI expectations. It was felt that understanding furutre developments will equip responsible wealth owners to make better decisions.

The purpose of this latest meeting, co-hosted by Fritz Kaiser and Erik Brenninkmeijer, was to focus on the raison d'être of the Council. 

Key Aims of the Meeting

The world we inhabit is complex, increasingly interconnected and is changing rapidly. Indeed many argue that the speed of change will accelerate in the years ahead, impacting not only our businesses but also our investments and our private lives. Can we confidently predict what is around the corner as we may have been able to do in the past? The answer would appear to be 'No!' Our assumptions and expectations will therefore have to adapt. What is the process by which we can learn and shape our respective futures?