'Sometimes, the worst financial coaches are financial advisers'

'It takes time to understand this type of work'

Isabel Baxter
clock • 2 min read

Sometimes financial advisers are the worst type of coaches, delegates at a conference heard.

Speaking in a panel session at the Chartered Institute for Securities and Investments (CISI) Financial Planning Conference 2024 hosted by Strategic Wealth Partners managing director and Chartered financial planner Amyr Rocha Lima, Wise Monkey Financial Coaching founder Simonne Gnessen and Octopus Money had of adviser distribution Julie Greenwood spoke on the differentials between financial advice and financial coaching. Greenwood argued that sometimes, the worst financial coaches are financial advisers. "Because of the heavy regulation that they are used to, they don't realise that th...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Reeves faces pressure on tax promises as Trump tariffs threaten UK growth

Reeves faces pressure on tax promises as Trump tariffs threaten UK growth

EY Item Club downgrades UK growth forecast to 0.9% for 2025

Sahar Nazir
clock 28 April 2025 • 3 min read
Professional Adviser TV: Creative ways to tackle the advice gap

Professional Adviser TV: Creative ways to tackle the advice gap

With Octopus Money CEO Ruth Handcock and financial adviser Kristian Manton

Professional Adviser
clock 25 April 2025 • 1 min read
Economic secretary confirms wholesale ISA review as experts demand sweeping reform

Economic secretary confirms wholesale ISA review as experts demand sweeping reform

LISA reform front and centre

Beth Brearley
clock 24 April 2025 • 2 min read