Mo’ Money, Mo’ Problems: The Rise of Wealth Therapy
Wealth therapists help the 1 Percent talk through the afflictions of affluence.
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Four years ago, Manhattan therapist Clay Cockrell met a patient with an unusual problem. The 21-year-old college senior said he’d recently received traumatic news. “He seemed scared,” Cockrell recalls. “Like, really scared. He wasn’t sure he could trust me, so for the first few sessions we just talked generally about his life.”
The patient had attended public schools, worked summer jobs as a lifeguard and camp counselor, and drove an old Toyota. During the previous year, he’d struggled to decide what career to pursue after college.