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Advisors Need to Understand Impact of Sudden Wealth Has on Clients
- Saturday, Aug 15 2015
- News Roundup
- Written by PFA News
Advisors need to understand the complex emotions that can accompany sudden wealth in order to best serve their clients. So reports WealthManagement.
For example, some clients may feel sad that their prior lifestyle no longer exists and others may feel overwhelmed with the choices and decisions that come with achieving wealth.