Financial Coaching Information Packet

This comprehensive packet explains what financial is and how to become a Financial Coach. Financial coaching is a relatively new industry that is rapidly growing as more consumers become aware of the need for financial guidance that can help them manage their personal finances.

Financial Coaches assess clients’ financial health through one-on-one coaching and then develop a tailored set of recommendations to help clients improve their financial position and pursue their goals. Financial coaches can serve clients via phone sessions, email, or video conferencing. They leverage multiple communication channels to engage their clients so they can easily provide follow-up services. In addition to individualized coaching sessions. Financial Coaches provide excellent judgement and exercise professional discretion to accurately assess client’s unique situation(s)and effectively develop personalized plans of action. Plans include concrete recommendations for debt reduction, credit improvement, money management, use of financial services, asset protection, and the pursuit of short- and long-term goals. The services offered by Financial Coaches should be geared towards putting the client in a positive financial position.