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Why does family wealth so often disappear by the third generation?
It’s a question many R360 members ask. In his latest column for MarketWatch R360 Managing Partner Charlie Garcia explores entropy—the slow but certain unraveling that happens when wealth and legacy are not actively tended to. Whether it’s a $100 billion railroad empire or a modest family home, unmanaged wealth erodes. Charlie lays out six practical rules for preserving more than just money: preserving legacy, purpose, and family unity. From open conversations to written plans and shared projects, the solution isn’t just financial—it’s cultural.
At R360, our members are rewriting the narrative, treating wealth as a tool for stewardship, not just inheritance. The real legacy isn’t what you pass down—it’s how you prepare the next generation to receive it.