Wall Street Journalさんのインスタグラム写真 - (Wall Street JournalInstagram)「When titans of finance get addicted to drugs and alcohol, they sometimes end up on the couch of Dr. Sam Glazer.⁠ ⁠ Dr. Glazer, a psychiatrist, treats the Wall Street set for substance abuse and other mental illnesses. Demand for services like his has ballooned since the pandemic. Glazer recently added two therapists to his now six-member practice, which treats about 200 patients at a time.⁠ ⁠ Most are traders, fund managers, investment bankers and corporate lawyers. Almost all are men who are afraid to tell their employers about their ailments, much less ask for medical leaves.⁠ ⁠ “I’ve seen a lot of people who are high functioning in the upper levels of finance who are terrified of being exposed,” Glazer said. “There’s a culture of paranoia. ‘Would you want someone to manage your money who’s an identified alcoholic?’”⁠ ⁠ Annual compensation for partners at private-equity firms and hedge funds can run in the tens of millions of dollars. The money is often the problem.⁠ ⁠ When financial chieftains are riding high, some use substances and compulsive sex to amplify the feeling, Glazer said. When their fortunes sour, they do the same to avoid it. Others turn to addiction to mask the reality that achieving their goals can still leave them feeling empty. Money can also keep them from asking for help: They think no one wants to hear a rich guy complain.⁠ ⁠ Some industries have moved to destigmatize mental health, offering paid time off and free counseling. The measures are part of a broad shift sweeping higher education, politics and professional sports.⁠ ⁠ Change has been uneven on Wall Street. Large banks have introduced new mental-health initiatives. Private-equity firms and hedge funds have been slower to act. Most such “alternative investment managers” are privately owned and pride themselves on being even more competitive—and paying even more—than publicly traded big-name banks.⁠ ⁠ Read more at the link in our bio.⁠ ⁠ 📷: @erichelgas for @wsjphotos」7月13日 0時37分 - wsj

Wall Street Journalのインスタグラム(wsj) - 7月13日 00時37分


When titans of finance get addicted to drugs and alcohol, they sometimes end up on the couch of Dr. Sam Glazer.⁠

Dr. Glazer, a psychiatrist, treats the Wall Street set for substance abuse and other mental illnesses. Demand for services like his has ballooned since the pandemic. Glazer recently added two therapists to his now six-member practice, which treats about 200 patients at a time.⁠

Most are traders, fund managers, investment bankers and corporate lawyers. Almost all are men who are afraid to tell their employers about their ailments, much less ask for medical leaves.⁠

“I’ve seen a lot of people who are high functioning in the upper levels of finance who are terrified of being exposed,” Glazer said. “There’s a culture of paranoia. ‘Would you want someone to manage your money who’s an identified alcoholic?’”⁠

Annual compensation for partners at private-equity firms and hedge funds can run in the tens of millions of dollars. The money is often the problem.⁠

When financial chieftains are riding high, some use substances and compulsive sex to amplify the feeling, Glazer said. When their fortunes sour, they do the same to avoid it. Others turn to addiction to mask the reality that achieving their goals can still leave them feeling empty. Money can also keep them from asking for help: They think no one wants to hear a rich guy complain.⁠

Some industries have moved to destigmatize mental health, offering paid time off and free counseling. The measures are part of a broad shift sweeping higher education, politics and professional sports.⁠

Change has been uneven on Wall Street. Large banks have introduced new mental-health initiatives. Private-equity firms and hedge funds have been slower to act. Most such “alternative investment managers” are privately owned and pride themselves on being even more competitive—and paying even more—than publicly traded big-name banks.⁠

Read more at the link in our bio.⁠

📷: @erichelgas for @wsjphotos


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