Financial Counselor versus Financial Coach
financial education program components, financial coaching and counseling
The latest buzz in the financial world is the concept of a financial coach. This is an emerging field which has yet to prove itself in academic rigor and outcomes-based research. With the news around financial coaching, the question remains: what is the difference between financial counseling and coaching anyway? Well, it seems the answer is as unique as the individuals who provide the services, but there are a few characteristics that are distinct. This article is intended to help set out the definitions of each practice along with the similarities and differences between the two.
Carlson, Mary Bell, "Financial Counselor versus Financial Coach" (2014). Financial Education Delivery. 2.