Dr. Mikol Davis, Ed.D, is a licensed clinical psychologist specializing in geriatrics and the emotional challenges of aging. He has been a mental health provider for 44 years. He has worked with individuals and families of all kinds, and all ages. These days, he focuses on working with clients and their families on age related difficulties such as loss of cognitive ability, dementia, depression and anxiety. He serves those who are business owners needing to “pass the torch” but have difficulty giving up power. He does psychological testing to determine whether a person has capacity to make financial decisions. He advises those who have difficult elders about how to approach the problematic behavior.
Carolyn Rosenblatt is a Registered Nurse with 10 years of working directly with patients, many of them elderly. Her second career was practicing law representing injured individuals, which she did for 27 years. She retired from litigation to become a consultant and mediator at AgingParents.com. Working together, she and Dr.Davis have served many families in conflict to work out agreements.
AgingInvestor.com grew from the observations and concerns about that information gap. They researched the industry well, looked at what regulators wanted financial service professionals to do about aging clients and set to work developing educational materials. Their efforts evolved into programs for industry professionals to develop senior-specific special policies. They also created extensive educational materials for financial services folks to learn about aging, cognitive impairment, avoiding prosecution, and intergenerational wealth transfers.
Their mission is to prevent financial abuse of seniors and mistakes by professionals. Professionals will be better equipped to prevent their own from taking advantage of seniors if their colleagues, firms and organizations have a clear direction and clear, uniform message about what to do. Mikol and Carolyn want financial services professionals to be clear about a course of action when age-related cognitive impairment affects financial decisions. They offer their expertise, policy development assistance and training to the industry.