How advisers can help wealth-addicted clients

04/24/2014 | InvestmentNews (free registration)

Having a "wealth-addicted" client may be good for business, but in the long run, it may harm the client and the adviser relationship. This article talks about how to deal with clients who prioritize work and material items over relationships and whose wealth addiction may cause them to engage in risky or illegal activities. Suggestions include recommending a therapist and encouraging such clients to think about using their wealth to improve their lives and relationships.

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