Match made in heaven: The financial coach/adviser relationship

Why they should work together

Sophie King
clock • 4 min read

Sophie King delves into the world of financial coaching ahead of the Initiative for Financial Wellbeing conference. Here she explores how financial coaching and financial advice interact and the benefits of referrals

Wise Monkey Financial Coaching founder Simonne Gnessen tells Professional Adviser that financial coaches and financial advisers working together would be a "match made in heaven". Gnessen explains the benefits of advisers working with coaches, and the effect the two can have on the client by working together. "What we can do as coaches is get people prepared for financial advice. We can empower and educate them so at the point when they're ready for investment advice, we can refer them to an adviser. "We've got clients that need help that we [coaches] can't help, and they might have c...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Model portfolio sales slow in H1 after 2023 boom

Model portfolio sales slow in H1 after 2023 boom

Sales increased by just 6% in H1 2024

Sahar Nazir
clock 02 October 2024 • 2 min read
CII/PFS saga fuelled again as campaign group calls out 'questionable' actions

CII/PFS saga fuelled again as campaign group calls out 'questionable' actions

Alasdair Walker comments on the CII’s latest board overhaul

Isabel Baxter
clock 02 October 2024 • 2 min read
PA360 North: Advisers urged to stay disciplined and let go of underperforming funds

PA360 North: Advisers urged to stay disciplined and let go of underperforming funds

Advisers should avoid common pitfall of holding on to losing investments

Sahar Nazir
clock 02 October 2024 • 1 min read