Insights & Briefings

Why Therapy Fails High-Net-Worth Leaders

Published September 8, 2025 | Sophie Solmini

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The call came on a Saturday. A chief of staff in London, keeping her voice low. Her principal had been drinking through every board meeting for six months. Two people in the organization knew. She was one of them.

She had already tried the obvious route. Found a well-credentialed professional with a private practice in Mayfair. Expensive. Discreet. The principal went three times and stopped returning calls.

When I asked what happened, she said something I have heard dozens of times. He said it felt like being talked to by someone who had no idea what his life looked like.

He was not wrong.
Most professionals in that field are trained for a specific population. People who walk in voluntarily. People whose lives have enough friction that the behavior is already causing visible damage. People who can block out Tuesday at two and show up every week.

That is not this world.
The principal running a family office across three jurisdictions does not have Tuesdays at two. The principal flying Riyadh to Geneva to New York in a single week does not sit still for intake questionnaires. And the principal whose staff is paid to manage every inconvenience in his life is not going to tolerate being asked to sit with discomfort as a first assignment.

I have watched this pattern play out for fifteen years. A family office or chief of staff identifies the problem early. They find someone credentialed. The principal attends once, twice, maybe four times. Then they disengage. Everyone concludes the principal is not ready. The file closes. The drinking continues.

What actually failed was not the principal's readiness. It was the model.
The standard model assumes consequences are doing their work. The job is at risk. The marriage is fraying. The bank account is shrinking. Pain accumulates until the person becomes willing. This is effective when those consequences exist. For the ultra-high-net-worth principal, wealth has quietly removed every one of them. There is no DUI when you have not driven yourself in years. There is no missed meeting when someone restructures your calendar before anyone notices. The insulation protects the pattern.

I call this the Refusal Gap. The distance between the moment someone around the principal sees the problem and the moment the principal is willing to engage. In this world, that gap can last years. Sometimes a decade. It closes not when the pain is great enough but when the biology fails. A liver panel that cannot be explained away. A cardiac event on a long-haul flight. By then, the cost is astronomical. Not just medical. Reputational. Familial. Structural.

The other failure is the setting itself. A one-hour session in an office assumes the principal's environment is stable and the work happens internally. For most of the principals I see, the environment is the problem. The 7 PM emptiness when the staff leaves. The hotel suite in a city where nobody knows them. The particular dynamic with a particular advisor who enables the pattern without realizing it. You cannot see any of that from an office in Mayfair.

So I go on the ground. I deploy into the principal's actual environment. Not to observe them like a subject. To understand the architecture of the day. Where the triggers sit. Where the structure disappears. Where the enabling happens without anyone naming it.

From there, the work is containment first. Stabilize the situation before it becomes a crisis that reaches the board, the press, or a medical team that does not understand discretion. Coordinate with the family office to quietly adjust the ecosystem. Remove the mechanisms that let the pattern continue invisibly. Introduce oversight that feels like support, not surveillance.

And then the harder question. Not how do we stop the behavior. But what does stopping make possible. For someone whose survival does not depend on sobriety, there has to be a reason that matters more than comfort. Legacy. Presence. The relationship with a child who has started to notice. That reason is different for every principal I work with, and finding it is not something that happens in a scheduled hour.

The chief of staff in London did not need a referral to another professional her principal would see three times and ghost. She needed someone who would be on the ground, inside the actual life, building structure where there was none.

That is what I do. Not because the conventional route is wrong. Because for this population, it is not built to reach them before the damage is done.