May 27, 2025
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.
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.
Disclosure: R360 is not an investment adviser. Information provided within is for educational purposes only and should not be construed, nor is intended to be, investment advice or a recommendation to invest in any types of securities. R360’s views are subject to change at any point without notice. No investment decision should be made based solely on the content herein and only a financial professional should be engaged for providing investment advice and recommendations. Past performance is not an indication of future returns.
