Implementing financial coaching: Implications for practitioners. Practitioner Brief
This brief discusses the process and results of the Financial Coaching Impact Study to help financial coaches and other financial educators seeking to integrate these techniques into their work. The study showed that coaching is a flexible approach that can work for many types of clients with a wide range of financial goals. The lessons from the study also suggest that clients will have varying levels of take-up of and engagement in coaching, depending on their individual needs and other demands on their time and attention. Coaching practitioners can set their expectations accordingly and develop a service delivery model that is based on the needs of clients, the capability of the organization, and the strengths of the financial coach.