financial parenting

financial parenting
n.
Financial services and education offered to the children of wealthy parents.
Example Citation:
"The newly minted multimillionaires of the Internet gold rush want more from their financial advisers than just estate planning — they want help in preventing wealth from corrupting their children's values. In the last two years, Merrill Lynch & Co. Inc. has seen growing demand for 'financial parenting' services that help with the problems some families face in dealing with sudden wealth."
— "Cool & Unusual," St. Louis Post-Dispatch, February 6, 2000
Notes:
To Wired magazine's Jargon Watcher Gareth Branwyn for letting me know about today's word.
Related Words: Categories:

New words. 2013.

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