The financial crisis was a shock not just to family's portfolios but also to the psyches of both adults and children.

Jill Shipley, head of next-generation education at GenSpring, tells of the teenage son of super-rich parents who, unnerved by media coverage of the crisis, had a full-on anxiety attack over the expense of a vacation the family had planned for late 2008.

So some of GenSpring's next-generation education focuses on market cycles-including basics like the fact that battered markets can engender bargains-and the danger of letting emotions sway investment decisions.

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