Eileen Gallo, Ph.D. is a licensed psychotherapist who works with individuals, families and financial advisors concerned about the psychological and emotional issues of family wealth and the challenges of raising children in an affluent environment.
The first book co-authored by Dr. Gallo with her late husband Jon Gallo, Silver Spoon Kids: How Successful Parents Raise Responsible Children (McGraw- Hill/Contemporary Books, 2001), was described by Time Magazine as a guide for wealthy parents on how to raise fiscally responsible children. She also co-authored The Financially Intelligent Parent: 8 Steps To Raising Successful, Generous, Responsible Children (Penguin USA/New American Library, 2005), selected as a finalist in the personal finance category for the 2006 Books For A Better Life Award.
Dr. Gallo’s doctoral dissertation in psychology examined the psychological and emotional impact of sudden wealth on individuals and families. She participated in post-doctoral psychoanalytic psychotherapy training at the Institute for Contemporary Psychoanalysis.
Dr. Gallo is a member of the American Association of Marriage and Family Therapy and the California Association of Marriage and Family Therapists. She is a member of the Society of Trust and Estate Practitioners and an associate member of the American Bar Association and helped found and co-chair the Committee on the Psychological and Emotional Issues of Estate Planning of the American Bar Association from 2001 until 2009.
Dr. Gallo was a columnist for the Journal of Financial Planning from 2001 through 2013. She is the author of numerous articles illuminating and addressing family wealth issues. Along with her late husband, Jon Gallo, and Dr. James Grubman, she conceived and developed the concept of the Financial Skills Trust.
Dr. Gallo is currently a member of the sub-committee on Emerging Adulthood of the Business Planning Committee of the American College of Trust and Estate Counsel (ACTEC). The ACTEC sub-committee is in the process of developing the Family Business Skills Trust, among other projects. The subcommittee recently completed a video project about Emerging Adulthood. Selected clips from this video are available to be viewed under the Projects tab.