Wealth Psychology

What is Wealth Psychology?

Our wealth psychologist is a professional who specialises in issues relating specifically to wealthy individuals. Wealth psychologists are also called money psychologists or wealth counselors.
We help our clients psychologically or emotionally prepared to cope with wealth and its implementation.
Konfido Advisors is on helping clients better understand their values, attitudes and beliefs about money to better cope. The role of the wealth psychologist is to help families bridge the communication and trust gap for building solidarity of vision and purpose among disparate family members and generations.
Wealth psychology is becoming more prominent in legacy planning, preparing family members and future generations for the emotional transfer of wealth. While the precepts for effectively maximizing the transfer of assets are well established within the traditional wealth management community, the guiding principles for preparing family members and future generations for the emotional transfer of values and beliefs are often minimised or ignored. The role of the wealth psychologist is to help families bridge the communication and trust gap for building solidarity of vision and purpose among disparate family members and generations.

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