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  • Writer's pictureNicole Will

Beyond Memory Loss: The Hidden Costs of Alzheimer's

Natalie Elliott Handy confessions of a reluctant caregiver

Beyond Memory Loss: The Hidden Costs of Alzheimer's with the Alzheimer's Association & RBC Wealth Management

There is a critical aspect of Alzheimer's that often goes under-discussed: the financial implications. What should families know about the economic burden of this disease and how can they prepare for it?

Today's guests share all about Alzheimer's care, advocacy, and awareness, a journey both heart-wrenching and hopeful. We're peeling back the layers of this complex issue to uncover the impact, challenges, and strides being made in the fight against this condition.

Joining us are three wonderful guests, each bringing a unique perspective to our discussion. Jenna Pogorels, an expert with over a decade of experience in dementia program services, is the Associate Director of Community Services for the Alzheimer’s Association Minnesota-North Dakota chapter. Tara Ambrose, Vice President and Senior Manager of Client Risk Prevention at RBC Wealth Management brings her extensive experience in protecting vulnerable clients from financial exploitation. Wally Chapman, Senior Vice President at RBC Wealth Management, combines his professional expertise with a personal commitment to Alzheimer's advocacy, influenced deeply by his family's involvement in the cause.

In today's conversation, we'll navigate through various topics, including the personal connections of our guests with the Alzheimer's Association, the collaborative efforts between the Alzheimer's Association and RBC Wealth Management, and the prevalence and impact of Alzheimer's and dementia. We'll also explore the types of support offered by the association, early warning signs of the disease, the financial implications for older adults and caregivers, and practical tips for navigating this challenging journey. Plus, we'll discuss how you, our listeners, can get involved and make a difference.

Learn more at

Listen to our episode HERE.

Our Panel shares about:

  • Their professional expertise and personal experience to the conversation on Alzheimer's care, advocacy, and awareness.

  • The importance of understanding and preparing for the financial challenges that come with the disease.

  • Collaborative Efforts in Support and Awareness: How we provide support and raise awareness about Alzheimer’s and dementia, showcasing how organizations can work together to address the disease.

  • Practical Advice for Navigating Alzheimer’s: The guests discuss early warning signs, the prevalence and impact of the disease, types of support offered by the Alzheimer’s Association, and offer practical tips for individuals and families navigating the journey of Alzheimer's, including how listeners can get involved and make a difference.

This episode is sponsored by RBC Wealth Management. Thank you for being so committed to supporting older adults and their caregivers. It is so appreciated!

About Our Panel

About the Alzheimer’s Association

The Alzheimer’s Association is a worldwide voluntary health organization dedicated to Alzheimer’s care, support and research. Our mission is to lead the way to end Alzheimer's and all other dementia — by accelerating global research, driving risk reduction and early detection, and maximizing quality care and support. Our vision is a world without Alzheimer's and all other dementia.®The Minnesota-North Dakota chapter provides no-charge support, education/classes, support groups, training and other resources. For more information and to register for upcoming classes and support groups, call the 24/7 Helpline at 1.800.272.3900.

Jenna Pogorels is the Associate Director of Community Services in Northern MN for the Alzheimer’s Association Minnesota-North Dakota chapter based out of Duluth, MN. Jenna received her Master in Social Work from the University of Washington, Tacoma, and is licensed as a Licensed Independent Clinical Social Worker (LICSW) with the Minnesota Board of Social Work. Jenna has over ten years of experience working with families in various settings, including hospital/clinic and community organization settings. Jenna has worked with the Alzheimer’s Association for nine years and has been focused in the areas of dementia program services, including the management of the support group and early stage programming, as well as the development of relationships and community partnerships in greater Minnesota through education and outreach.

About RBC Wealth Management

Wally Chapman is Senior Vice President, Divisional Director at RBC Wealth Management. Wally heads the Private Client Group’s Central division, overseeing financial advisors and other professionals serving clients in branch offices across Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Nebraska, North Dakota, Ohio, South Dakota, Tennessee, West Virginia and Wisconsin. He also leads offices in parts of New York and Pennsylvania.

Wally began his career in the investment industry as a financial advisor at Merrill Lynch in 1988.  He joined RBC Wealth Management more than 25 years ago as a financial advisor. Before being named divisional director, he served as the branch director of the Edina branch and the complex director in Minneapolis.  

With a deep commitment to RBC’s vision and values, Wally places strong emphasis on collegiality, client service, and community involvement within his division. He is the executive sponsor of the RBC Branch Director’s Advisory Council. Wally serves on the board of the Alzheimer’s Association Minnesota-North Dakota chapter. His wife, Eva is active with the Alzheimer’s Association Minnesota-North Dakota chapter and serves along with Wally on the Purple Gala committee. Wally and Eva reside in Edina and have three adult children.

Tara Ambrose is vice president and senior manager of Client Risk Prevention at RBC Wealth Management–U.S. In this role, she leads the firm’s efforts to safeguard clients from fraud and financial exploitation. This includes a special focus on protecting and supporting senior and vulnerable clients, including those that are impacted by dementia and cognitive decline. Tara takes a proactive approach to equip financial advisors and clients with the knowledge needed to help prevent financial abuse, and relies on an empathetic approach when interventions are necessary.

Tara has worked at RBC Wealth Management since 2016, and has nearly 20 years of experience in the financial services industry. She is active in her community, serving on the board of directors for the Minnesota Elder Justice Center, as a volunteer and committee member for the Alzheimer’s Association, and as a volunteer e-mentor with BestPrep to prepare high school students with business, career, and financial literacy.


koelsch communities caregiver support

RBC Wealth Management caregiver support alzheimer's disease

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We are not medical professionals and are not providing any medical advice. If you have any medical questions, we recommend that you talk with a medical professional of your choice. willGather has taken care in selecting its speakers but the opinions of our speakers are theirs alone. Thank you for your continued interest in our podcasts.

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