MONEY WITHOUT MATH
We're exploring how money exists in our real, daily lives, not just as numbers on a chart. From managing our emotions to caring for an aging parent, join us for conversations that are practical, sometimes philosophical, and always fresh. Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Clarity Planning is not a registered broker/dealer and is independent of Raymond James Financial Services. Content represents the opinions of the speaker and not necessarily those of Raymond James. The rating is not intended to be an endorsement, or any way indicative of the advisors abilities to provide investment advice or management. This podcast is intended for informational purposes only. Important Disclosure Information: http://raymondjames.com/smicd.htm
MONEY WITHOUT MATH
Why We Must Address Addiction in Financial Planning with Amanda Koplin
How does addiction intersect with financial planning, and what role can financial advisors play in addressing this critical issue?
Karen Coyne discusses the complexities of addiction with Amanda Koplin, a licensed mental health counselor and CEO of Koplin Consulting. Tune in and discover the expansive definition of addiction and learn how it affects financial planning across all demographics, including wealthy families.
Key Highlights:
- Expanding the Definition of Addiction: Beyond drugs and alcohol, addiction includes behaviors like sports betting, shopping, and social media
- Understanding Root Causes: Addiction often begins with self-medicating for underlying mental health issues
- Concerning Statistics: 15% of American adults have a substance use disorder, and addiction-related deaths are rising
- Addiction Among Older Adults: The role of prescribed pain medications leading to opioid and heroin use
- Role of Financial Advisors: Recognizing cognitive decline, elder abuse, and addiction in clients
- Building Trust with Clients: The importance of open-ended questions and creating a safe space for discussions about addiction
- Challenges for Affluent Individuals: Addressing addiction amidst fear of public scrutiny and stigma
- Advisors as First Responders: Recognizing signs of trouble and connecting clients with the right resources
- Empathy and Compassion: Treating clients as family members and approaching the role with care
- And much more!
Connect with Karen Coyne:
- Clarity Planning
- team@raymondjames.com
- 301-739-7002
- LinkedIn: Karen Coyne, CFP®
- X: @karencoyne
- YouTube: @karencoynecfp
- Instagram: @moneywithoutmath
Connect with Amanda Koplin:
About Our Guest:
Amanda Koplin, LPC, is a mental health counselor, entrepreneur, and thought leader who creates innovative solutions to fill gaps in the mental healthcare system. In 2014, she created and developed an idea for a mental health urgent care clinic and sold it in 2016 to create Koplin
Consulting, a nationwide concierge mental health treatment team service. Amanda is passionate about helping people achieve mental wellness and creating sustainable support systems and solutions that integrate seamlessly into real life.
She is a speaker and a nationally sought-after consultant who specializes in creating
unique treatment plans and recommendations for individuals struggling with psychological concerns such as addictions, eating disorders, lack of motivation, and other issues impacting mental wellness. She is particularly adept at involving trusted advisors and family members in order to create the greatest impact.