Growing need for advisers in out-of-court divorces

With about half of all U.S. marriages ending in divorce, there is plenty of need for advisers who can help with the sensitive issue of splitting the family assets .

And with divorces no longer limited to contentious legal battles, financial advisers say they play a critical role in out-of-court settlements such as collaborative and mediated divorces.

"It's one of the most stressful transitions that a financial planner is needed for," says Laura Hyman, a New York City-based adviser with RBC Wealth Management, a division of Royal Bank of Canada.

via Growing need for advisers in out-of-court divorces | Reuters.