Fortune Magazine

This Family Is Passing Down Their Charity to the Next Generation

In 2006, while closing a $230 million deal to sell his financial firm, AssetMark Investment Services, Ron Cordes realized just how little he and his wife, Marty, had discussed money with their daughter. Ron was working around the clock, and one day ­Stephanie—16 at the time—declared to him, “I hope they’re paying you overtime.” Ron...

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