No, I am saying self made millionaires earned that money themselves, so they take a different viewpoint on money. Maturity of a person is a different story. Trust fund kids don't really understand the value of money, unless of course they go off on their own and make it themselves. It is a bit of a stereotype to suggest that if you were a trustfund kid, that you would be a spoiled brat. In saying that, there are a lot of those types running around. Like that grandson who's grandfather own MAC cosmetics. Spoiled piece of crap and a bum. I do know many that are quite humble too. It seems the older the money, the more spoiled you become. (my observation)
Also, at that age, they might be old enough to sign documents and make decisions for themselves, but the parents still have the upper hand on some things. At that age, I still listened to my parents..not everything, but I took what they had to say seriously enough to at least take it into consideration.
It's not like this guy appeared out of nowhere. He already had some celebrity clients and was fairly well known. It's not like he was some dude that went door to door soliciting business. Also, I never heard of a lifestyle coach that was also a financial advisor? Red flags would have gone up for me. You don't order chicken in a fish store. There are a couple coaches that make more..I think this guy could have too if he wasn't so greedy. Anthony Robbins...Zig Ziglar etc etc