Wealth Management For The “Lost Affluent”

It may not be a problem that affects all that many people, but becoming newly wealthy can be a stressful experience. When bank accounts start to bulge, there is no shortage of people willing to offer advice on what to do with the excess cash. Some of those people won’t know what they’re talking about, and most of them will be charging fees. Gotham Magazine has an interesting piece on this very problem, with insight from Lebenthal & Company CEO Alexandra Lebenthal, as well as Liz Claman, anchor of the Fox Business show Countdown to the Closing Bell. The problem with…