Financial coach vs financial adviser: what is the difference?
A coach may help with behaviour, organisation or accountability. A regulated financial adviser can make regulated personal recommendations within their permissions.
What can financial coaching involve?
Financial coaching commonly focuses on habits, budgeting, confidence, organisation or accountability. The title itself does not automatically mean the person can give regulated investment or pension advice.
What makes regulated advice different?
A regulated adviser can assess your circumstances and recommend suitable regulated products or actions within their permissions. That service sits within a formal regulatory and complaints framework.
The boundary matters when recommendations become specific
General education and support are different from telling someone which regulated investment or pension product is suitable for them. Check what service you are actually buying.
Check anyone claiming to provide regulated advice
If someone is offering regulated financial advice, verify the relevant firm or individual through the FCA Register rather than relying on the word coach, planner or expert.