Crossword Genius

Family bankrupt right before career in affluent area (11,4)

Ross

I believe the answer is:

stockbroker belt

I'm a little stuck... Click here to teach me more about this clue!

'area' is the definition.
(I have seen 'Prosperous area' mean 'stockbroker belt' so perhaps 'area' could also mean 'stockbroker belt')

'family bankrupt right before career in affluent' is the wordplay.
I cannot quite understand how this works, but
'family' could be 'stock' and 'stock' is found in the answer.
'bankrupt' could be 'broke' and 'broke' is located in the answer.
'right' could be 'r' (abbreviation) and 'r' is found within the answer.
The remaining letters 'belt' is a valid word which might be clued in a way I don't understand.
This explanation may well be incorrect...

Can you help me to learn more?

(Other definitions for stockbroker belt that I've seen before include "Affluent residential area" , "wealthy area" , "part of Surrey?" , "Prosperous area" , "area where the rich live" .)

I've seen this clue in The Telegraph.
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