It’s Hard to Manage Relationships With Divorcing Couples. How These Financial Advisors Do It.

Sevasti Balafas managed money for friends who went through a messy seven-year divorce. Once the divorce was final, she dropped the husband as a client. "There were a lot of things I saw behind the scenes on how he was treating her, and I didn't want to be in that situation,†says Balafas, the 46-year-old chief executive of GoalVest Advisory, based in New York City. "I didn't need that emotional burden.†...