NEW YORK, March 19, 2013 (GLOBE NEWSWIRE) -- (http://www.myprgenie.com) -- On Wall Street, the leading source of analysis and news for wealth managers at the nation's largest brokerage firms, has won a Jesse H. Neal National Business Journalism Award for Best Single Article titled "Counseling Clients through Mental Illness" by managing editor Lorie Konish.
Established in 1955, the Jesse H. Neal National Business Journalism Awards, called "the Pulitzer Prize of the business media," recognize and reward editorial excellence in business media publications. SourceMedia, the parent company of On Wall Street, was a finalist for 10 Neal Awards this year.
Konish's article tackled a difficult and little-covered topic -- mental health disorders and their impact on financial planning by families whose members are afflicted.
The story centers on Michael Scott, an Ameriprise advisor in Massachusetts who was inspired to devote his practice to this niche not just because of its business potential but because of his personal experience. After his mother was diagnosed with a combination of mental problems from personality disorder to depression, he recognized the full impact mental illness can have on a family and their finances. In the article, Konish takes an intimate look at the private and professional challenges Scott faced in structuring his mother's estate and transforming his six-member advisory team to focus on high net worth families with mental illness.
"Americans have been blessed with greater life expectancy, but that has created myriad challenges for advisors. Through the prism of real world experience, Lorie's story was both a compelling read and offered action items to show advisors how they can best prepare their clients for the road ahead," said Scott Wenger, editorial director of SourceMedia's Investment Advisor Group, which includes On Wall Street.
About The Investment Advisor Group
The Investment Advisor Group brands from SourceMedia include Financial Planning, On Wall Street, and BankInvestment Consultant. Together these brands cover more than two-thirds of the 400,000 financial advisors who serve private clients in the United States. Financial Planning, On Wall Street, and Bank Investment Consultantare recognized leaders in their respective markets with top editorial talent providing timely and essential news, analysis, research, and insights.
SourceMedia, an Investcorp company, is a diversified business to business media company serving the financial industry and the related fields of professional services and technology. SourceMedia offers its clients and subscribers professional publications and online information services, industry-standard data applications, and in-depth seminars and conferences.
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CONTACT: Jennifer Starkey, Jennifer.Starkey@SourceMedia.com, 212-803-8582