Financial advisers often double as therapists. As clients share their innermost fears about money, the challenge is to dish out wise advice that sticks. But when clients are shaken to their core, an adviser may struggle to offer words of comfort.
The recent surge in job layoffs is a case in point. In 2022, tech firms cut more than 140,000 jobs. Close to 100,000 more tech workers have been laid off so far in 2023.
While…
