Wealth Counseling

It’s possible to overcome emotional obstacles and enjoy wealth’s blessings. Counseling is an empowering avenue toward creating this reality.

What is Wealth Counseling?

In a society convinced that money guarantees happiness, it’s difficult for many to imagine having both wealth and problems. The truth is, struggle and adversity are part of the human experience, and the rich encounter their fair share of conflicts and stresses. In fact, wealth itself can create its own special set of challenges and, for many, money may be at the very root of their deepest pain and frustrations.


Wealth counseling is designed to help those whose mental, emotional or spiritual health is suffering as a result of financial riches navigate their way toward a meaningful, productive and truly rewarding life.


Every person has a vision of how they want to live their life, but turning that vision into reality requires hard work, focus and discipline. Thayer Willis provides instruction, inspiration and support that’s tailored to the unique circumstances of those who have inherited or amassed great wealth.

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Areas of Expertise

Inherited wealth

The handing down of family wealth is not only a complex financial issue, but often a challenging personal one for both heir and benefactor. Wealth counseling helps equip both parties for this transition.

Earned wealth

For some, wealth gained after many years of working toward a goal does not automatically deliver the happiness or satisfaction expected. Through examining priorities and aligning expectations with reality, these individuals can free themselves to enjoy what they have worked so hard to obtain. This may require a survey of non-financial assets and preparing for the next era of you.

Family friction over money

Money often becomes the impetus and arena for family discord. Counseling provides a space for family members to explore their differing attitudes about wealth, perceived injustices and the psychological issues that are affecting their relationships. Through this process, they develop deeper understanding and learn ways to resolve conflicts.

Frequently asked questions

Who may benefit from wealth counseling?

In short, wealth counseling may benefit anyone who possesses wealth or is working hard to accumulate it.

Those who may benefit from wealth counseling with Thayer Willis include:

  • Individuals, couples and families who need to clarify needs, build confidence, enhance communication, develop trust or turn vague dreams into reality.
  • Inheritors in need of affirmation, insight, guidance, motivation and support in all aspects of their lives.
  • Wealthy men and women who are married but share little or no love.
  • Well-to-do parents who are disappointed that their children have become spoiled and are seeking ideas of how to turn them around.
  • Adults whose parents use their wealth to manipulate grudging compliance from them.
  • Those who, despite possessing great amounts of money, feel that their life is hollow and empty.

How might Thayer Willis help?

While counseling is tailored to an individual's history, needs and desires, there are common situations for which Thayer routinely provides support.

For those who bear a heavy sense of guilt and feeling unworthy for having been given so much, or for the way in which the wealth was created, she can help them make peace with the good fortune bestowed on them.

The financial literacy education Thayer provides is useful for all adults regardless of their experience in the financial world.

For those struggling with work-related issues or personal relationships, she provides professional perspective and counseling on these sensitive topics.

Thayer can be an invaluable resource for both personal growth and building productive relationships with attorneys and financial experts. She serves inheritors not only in an advisory capacity, but as an active member of the professional team. She facilitates business and interpersonal communications and maintains the focus for valuable action-planning in meetings.

Thayer can also be a reliable sounding board and neutral advisor to those engaged in the difficult challenge of giving money away wisely, especially in families where there are challenges or disagreements requiring sensitivity and finesse.

How might wealth counseling help?

Wealth counselors can be an invaluable resource for both personal growth and building productive relationships with attorneys and financial experts, serving inheritors not only in an advisory capacity but as an active member of the professional team by facilitating business and interpersonal communications and maintaining the focus for valuable action-planning in meetings.

How is the relationship usually structured?

Many clients meet with Thayer for one-hour sessions on a weekly basis. The frequency and duration of meetings, however, can be tailored to the individual's specific objectives and needs. For out-of-town clients, sessions are often conducted on the phone. In most cases, Thayer and her clients determine together when their goals have been met and their work is completed.

What are some tell-tale signs that a wealth counselor is needed?

Extreme tardiness or a lack of follow-through in the creation or completion of a vital financial or legal objective (such as a will, trust or financial plan) often indicates that wealth counseling could be of help to an inheritor. Other signs include:

  • An individual or family is experiencing poor interpersonal relationships.
  • Evidence of a lack of self-confidence, low self-esteem or little sense of purpose in life.
  • Poor communication skills.
  • Secrecy concerning personal wealth to the point of damaging relationships.
  • Inappropriate investments (too high-risk or too conservative for the individual's financial situation, potential and goals).
  • Fear and distrust of others to the detriment of sound financial planning and business or legal decisions.
  • Strained relationships emanating from fiscal inequality among family members.
  • Conflicting spousal or family attitudes concerning wealth.
  • Tension and stress resulting from sudden wealth, whether expected or unexpected.
  • Disillusionment over the failure of earned wealth to deliver expected emotional rewards.
  • Negative feelings about the source of one's wealth.
  • Deteriorating money-related relationships within a family.
  • A reluctance or refusal to work with professional advisors.

Why is wealth counseling important?

Wealth counseling charts a meaningful path to genuine success in life. It can be a godsend for everyone who yearns for inner growth, joy, maturity and self-fulfillment in the face of the false, pervasive allure and debilitating impact of wealth.