Q. What is Financial Coaching?

A. Financial Coaching is a service offered to people in which the Finance Coach will work with them to understand their financial and/or life goals, and work on ways to help them reach the goal(s) they are looking to achieve. This will involve discussing and implementing strategies that people can use to achieve their goals and ambitions. The Finance Coach will always be led by the client when understanding what they want to achieve and the best ways to achieve it.

Q. What is the difference between a Finance Coach and a Financial Advisor?

A. There are many differences between a Finance Coach and a Financial Advisor, but the key one is that a coach will not offer advice on any financial products. A Finance Coach understands how financial products work and will explain how those products work – including the pros, cons and consequences of each of them – however a Finance Coach will not recommend any of them and any decisions relating to them will always remain with the client.

Q. How can I find out more about Financial Coaching at Future Balance and whether I think it’s for me?

A. If you complete your details on our ‘Contact Us’ page then we will get in touch with you for a free, no obligation, 15 minute phone call to explain a bit more about the service we offer, and to learn about more about you and what you are looking for. Should you decide from there you wish to go forward with a full consultation then we will arrange a time & date for that to happen and explain the next steps in preparation for that meeting.

Q. Do meetings take place face-to-face and if so do I need to travel for consultations?

A. Our preference will always be to have face-to-face consultations and we are happy to meet our customers at a location of their choice, however we understand this is not always possible and if a face-to-face meeting is not possible then we will arrange a consultation either via a video conference or telephone, depending on the clients preference.

Q. Is this a UK-only service?

A. Not at all – we are happy to accept people from anywhere around the world. Although our financial knowledge is predominantly based on UK products and regulations, Financial Coaching is a universal service that concentrates more on the client’s goals than the financial products themselves. However should you want to know more about a non-UK financial product or regulation then we are always happy to investigate to help a client have a better understanding of that product.