Episode 159:
The State of Financial Coaching: What the Data Tells Us About the Profession
Download the transcript or watch on Youtube!
What does the data tell us about the financial coaching and counseling profession; where is the field headed next?
In this episode of Real Money, Real Experts, we’re joined by Joshua Escalante Troesh CFP®️ | MBA and Amelie Riendl AFC®️ | PMP®️ of Financial Coaches Network to unpack findings from the State of Financial Coaching and Counseling Survey. We explore how professionals define themselves, the role of credentials like the AFC, emerging business trends, technology adoption, professional boundaries, and the importance of finding a niche.
Josh and Amelie also share what the data reveals about the profession’s growth, where coaches and counselors may need additional education or support, and how financial coaching could increasingly intersect with financial planning and advisory firms.
Plus, we discuss why financial coaches don’t need to expand into regulated services to demonstrate their value, and why the foundational work of budgeting, accountability, saving, and debt reduction remains so important.
Topics discussed include:
How financial coaches and counselors define their roles
What the survey reveals about credentials and professional identity
Professional boundaries and regulated services
Technology and efficiency in coaching practices
Niches, revenue, and business growth
The current state and future of the profession
How financial coaching may fit into financial planning firms
The importance of investing in your education, business, and practice
If you’re a financial coach, counselor, AFC, educator, or simply interested in the evolution of the profession, this conversation offers a data-driven look at where the field is today and the opportunities ahead.
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Show Notes:
00:00 – Welcome & Introduction
02:15 – Why This Survey Matters
05:00 – Financial Coach vs. Financial Counselor
09:00 – Credentials & Professional Identity
12:00 – Professional Boundaries & Regulatory Risks
16:30 – Financial Coaches & Technology
19:30 – Niches, Revenue & Business Growth
23:30 – The State of the Profession
27:00 – The Future of Financial Coaching
31:00 – Investing in Your Coaching Business
34:00 – The Value of Financial Coaching
37:00 – What’s Next for Financial Coaching?
40:00 – Josh’s & Amelie’s 2 Cents
Connect With Our Guest
Reach out directly via email: Info@financialcoachesnetwork.com
Connect on social media: FCN on Facebook
Participate in the survey: https://form.jotform.com/261254448203149
Resource Mentioned: https://www.financialcoachesnetwork.com/moneycoachnetwork_career
Resource Mentioned: https://www.financialcoachesnetwork.com/moneycoachnetwork
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About the Real Money, Real Experts Podcast
Brought to you by AFCPE®, this podcast supports, educates, and connects financial professionals with actionable insights to advance their careers and better serve their communities.
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Want to support the podcast? We love partnering with organizations that share our mission and values. Download our media kit.
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