FutureProof Advisor Podcast

Using Financial Psychology to Guide Our Clients with Alex Melkumian


Listen Later

Today's episode of Bridging the Gap features Alex Melkumian, PsyD, LMFT, a financial psychologist, author, financial stress expert, and Founder of The Financial Psychology Center in California.

Alex opens up about the learning curve and culture shock he experienced when he moved to the United States from the Soviet Union. 

Alex and I dive into the client’s mind to understand stress, shame, and the inability of knowing what to ask, how to ask it, and the uncertainty of knowing what our clients mean when they are speaking. Clients are fearful of asking the wrong thing, but may not know what to ask and we have to help them with that. 

We also discuss financial literacy and the importance of financial psychology.

Alex Melkumian Bio:

Dr. Alex Melkumian is a Licensed Marriage and Family Therapist and founder of Financial Psychology Center in Los Angeles, California. As a practicing clinician for the past 15 years Dr Melkumian has worked with populations ranging from the chronically acute, dually diagnosed patients to highly motivated individuals committed to self-improvement. He is an author and public speaker who works to bring people harmony and ease in their lives, no matter what the issue.

His experiences in the field have given him deep expertise in treating alcoholism and addiction, codependency, emotional disturbance, stress, self esteem, relationships, men's issues, depression and anxiety. He has also proven to be a supportive career counselor, life coach and specializes in financial psychotherapy for those clients who find their emotional way of acting out is through their wallet or employment. You can find out more about his specialization in Financial Psychotherapy by visiting the Financial Psychology Center.

An immigrant from the Soviet Union he has lived in Los Angeles, California for more than twenty years basing both his studies and his practice there. Dr. Melkumian is married to his wife of ten years and father to two rambunctious children.

Follow Us And Find More Content For Financial Advisors and Wealth Management Firms At:

www.mattreiner.com

YouTube

Twitter

LinkedIn

Mentioned in this episode:

Benjamin

...more
View all episodesView all episodes
Download on the App Store

FutureProof Advisor PodcastBy Matt Reiner

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

13 ratings


More shows like FutureProof Advisor Podcast

View all
Behavior Gap Radio by Carl Richards

Behavior Gap Radio

115 Listeners

Animal Spirits Podcast by The Compound

Animal Spirits Podcast

1,997 Listeners

The Perfect RIA by Matthew Jarvis, CFP® & Micah Shilanski, CFP®

The Perfect RIA

457 Listeners

Retire With Purpose - The Retirement Podcast by Casey Weade

Retire With Purpose - The Retirement Podcast

543 Listeners

The Compound and Friends by The Compound

The Compound and Friends

2,037 Listeners

The Long View by Morningstar

The Long View

846 Listeners

Thoughts on the Market by Morgan Stanley

Thoughts on the Market

1,283 Listeners

Kitces and Carl - Real Talk for Real Financial Advisors by Michael Kitces, MSFS, MTAX, CFP and Carl Richards, CFP

Kitces and Carl - Real Talk for Real Financial Advisors

229 Listeners

The Human Side of Money by Brendan Frazier

The Human Side of Money

92 Listeners

Barron's Advisor by Barron's Advisor

Barron's Advisor

104 Listeners

Always On with Duncan MacPherson by Duncan MacPherson

Always On with Duncan MacPherson

11 Listeners

The Efficient Advisor: Tactical Business Advice for Financial Planners by Libby Greiwe

The Efficient Advisor: Tactical Business Advice for Financial Planners

112 Listeners

The Advisor Journey by Altruist

The Advisor Journey

23 Listeners

50 Fires: Money and Meaning with Carl Richards by Blind Nil Audio

50 Fires: Money and Meaning with Carl Richards

190 Listeners