Ashley Quamme - Money and Mental Health: Understanding the Connection and Ways to Achieve Balance

Tune in to hear: - A criticism that sometimes crops up is: what if this advisor didn’t sign up to be a therapist? What would Ashley say to this critique and what is the baseline set of therapeutic skills necessary for the average advisor? - When should a financial advisor make a referral to a mental health practitioner? - What is circular questioning and what is an example of where an advisor might apply this technique? - From a high level perspective, what is the notion of “stages of change readiness?” - When a client is in a pre-contemplative stage of change, what can an advisor do to help encourage them toward greater readiness? - Is there some sort of thought exercise you can give a client that’s in the pre-contemplative stage of change to sort of catalyze a new way of thinking? - What’s the danger of trying to move someone through the stages of change too quickly? - What does it mean to be “trauma informed” and why might advisors want to be aware of this? - Where should we draw the line between individual autonomy and secrecy in regards to finances in a relationship? When does this become financial infidelity? https://twitter.com/bamconsults https://bamfcc.com Compliance Code: 1871-OAS-10/10/2022