Life events like divorce, job loss, or the death of a loved one can leave individuals emotionally shaken — and financially vulnerable. As a consultant, helping clients rebuild stability and confidence during these times is one of the most impactful services you can provide.

Divorce often results in asset division, lifestyle change, and income restructuring. Consultants should help clients create new budgets, understand alimony or maintenance payments, and adjust investment strategies to reflect their independent goals.

Emotional support is just as important. Clients may feel overwhelmed or ashamed. Approaching the process with compassion and clear steps — such as freezing joint accounts, establishing new credit, and setting achievable savings goals — can make recovery feel manageable.

For widows, widowers, or those recovering from a major illness or accident, advisors should review insurance benefits, pensions, and estate planning documents. Ensuring assets are properly transferred and future protections are in place offers peace of mind.

Helping clients build or rebuild an emergency fund is often a top priority. So is restructuring long-term goals — retirement may now require a different timeline or strategy.

Consultants must remain patient, sensitive, and solutions-focused. With steady guidance, clients can emerge from life’s most difficult moments financially stronger — and with a renewed sense of control.