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The difference between a financial coach and a financial advisor.
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[QUOTE="Chase, post: 4107, member: 586"] A Financial Coach usually has an area of expertise while a Financial advisor focuses on investing in stocks and bonds based on a method that is adapted for clients. A Financial coach usually takes a holistic approach that may focus on income, work enjoyment, lifestyle spending, as well as investing. The next step may be to get options for investing. Financial coaching is focused more on near term changes, while a financial advisor usually focuses more on long term investing goals. Financial coaches tend to charge a set one time fee, while financial advisors usually charge a per cent of a clients net worth each year. [/QUOTE]
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The difference between a financial coach and a financial advisor.
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