Wealth Therapists Help One-Percenters Deal With Their Money Guilt

NBC News

While an uneven economic recovery has left many Americans worried they don’t have enough money, a much, much smaller number is fretting they have too much. Good thing there’s “wealth therapists” to help these members of the 1 Percent work through their particular emotional dilemma.

It’s not a new phenomenon, but Bloomberg Businessweek recently highlighted the tale of a 21-year-old college student whose world was rocked after his father unveiled a family secret. They were actually the rich owners of a multinational corporation. Manhattan wealth therapist Clay Cockrell told Businessweek this kicked off an identity crisis for his patient:

Rates for these specialists can range up to $500 an hour. At those levels, they might need to start hiring skrilla shrinks of their own.