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BlackBird Finance

What is the difference between a coach and an advisor? - BlackBird Finance

Financial coaches and financial advisors are not the same things. However, they are similar in a lot of respects. It isn’t a one-or-the-other approach; both can help elevate you financially.
Often a financial coach will be the bridge to the advisor.

It is said that personal finance is composed of 80% behavior and 20% knowledge. An advisor is more geared to investments and wealth management. An advisor will focus less on daily money habits and more on strategic long-term planning. A financial coach on the other hand is more focused on the 80%, behavior and your relationship with money. Think of a financial coach as a personal trainer. We guide you, champion you, hold you accountable, and help you form good habits, but you still need to jump on the treadmill and lift the dumbells.