So Money With Farnoosh Torabi

Did you know over 70 percent of wealth doesn’t last beyond three generations? That means if you’re currently working hard to build wealth and create a financial legacy that will outlive you, you might want to think about sitting down with your family and making sure they know how to keep your investments growing.Linda Davis Taylor is the CEO and Chairman of Clifford Swan Investment Counselors in Pasadena, California, and a champion for women’s economic independence and strength. Clifford Swan is the nation’s oldest investment advisory firm and has been in existence for over 100 years.Linda is not only the leader of this firm. She’s also a frequent speaker on wealth transition, family governance, and philanthropy. Linda wrote the book called ‘The Business of Family’ to help educate families on multi-generational financial sustainability.She believes that “Being rich means having a sense of purpose, knowing where you came from, defining your value systems, and questioning how you’re living.” And, if you want yo