With job layoffs rising, monetary advisers are seeing that out-of-work shoppers need assistance managing feelings in addition to cash

Financial advisers typically double as therapists. As shoppers share their innermost fears about cash, the problem is to dish out sensible recommendation that sticks. But when shoppers are shaken to their core, an adviser might battle to supply phrases of consolation.

The latest surge in job layoffs is a working example. In 2022, tech corporations reduce greater than 140,000 jobs. Close to 100,000 extra tech staff have been laid off to this point in 2023.

While…