7 Insights on Advising Wealthy Clients in a Divorce

By: John Manganaro

The process of navigating a divorce will always come with some degree of emotional and financial strain for clients, but advisors who help bring the right perspective and expertise to the table can mitigate a lot of unnecessary disagreement and suffering.

This was one of the key highlights offered up this week by attorney Gus Dimopoulos, who specializes in high-net-worth divorces, in a wide-ranging interview with ThinkAdvisor. At this point, Dimopoulos has helped steward more than 500 client couples through the divorce process, and while there are nuances in each case, there are also some clear patterns.

“Traditionally, you could point to four main drivers of divorce here in the United States,” Dimopoulos said. “These are a loss of love and intimacy, disagreements about money and lifestyle, disagreements about religion and conflicts with the extended family.”

The excerpt above is from a ThinkAdvisor article authored by John Manganaro. Read the full piece, originally published on July 18, 2024, here.