#100: The State of Financial Coaching

Season #1

Join Josh AND Emily AND Amelie as we discuss the State of Financial Coaching! We started with a small survey of Launch members to learn about what kinds of programs various coaches use…next year, we’ll do a more detailed survey and continue sharing these results! Listen in as we look at the results and what takeaways we have that you could apply to your business as well.


Top takeaways:

  • Almost everyone has an initial program of 3 months or less; a few do 6 months.
  • People prefer shorter-term commitments.
  • Over 50% of respondents do 6 sessions–and the remaining mostly do 4-8.
  • Over 60% prioritize client goals and stresses in the first meeting; 93% do something other than “set up a budget.”
  • Past the first meeting, results begin to diversify, but tend to start clumping around “niche-specific topic” and “checking in on the budget.”
  • Josh feels VERY STRONGLY that scheduling a meeting around “whatever the client wants to discuss” is a bad idea.


Resources mentioned in the episode:


Want help building or growing a successful financial coaching business? Find resources below based on where you’re at in your journey:

- Deciding whether Financial Coaching is right for you? Join our free Facebook Community with over 5000 current and aspiring financial coaches! https://www.facebook.com/groups/financialcoachescommunity
- Already decided you’re going to be a Financial Coach and want to learn more? Get 30+ tips and best practices in our free 8-part email series! https://www.financialcoachesnetwork.com/pre-launch-email-series
- Ready to Launch your Financial Coaching business? Join FCN Launch, our step-by-step program that will help you successfully launch your business in four months and grow it to a consistent part-time income. https://www.financialcoachesnetwork.com/launch
- Looking for financial coaching software? Sign up for the interest list for FCN MoneyCoach, the premier cash flow analysis software for financial coaches and advisers. https://www.financialcoachesnetwork.com/money-coach
- Are you already coaching clients and want to grow your business to a full-time income? Join FCN Grow, our program that helps you scale your business to a full-time income. https://www.financialcoachesnetwork.com/grow