Financial Advisors who assist clients with the technical money issues, such as choice of products, fund management, insurance etc.
Coaches and Career Coaches who work with clients on areas such as goals, values and behavioural change and possibly on finding new careers either motivated by redundancy or a desire for a new direction in life.
Counsellors and Therapists who assist clients with issues such as stress over debts, anxiety due to impending redundancy or depression.
The Financial Advisor Workshop has been designed to help you understand the concepts and to provide an added value service to your clients. The workshops are arranged for groups of between 12 and 18. Numbers are limited to allow you to learn the various concepts and then try them out with professional actors playing the part of clients. Working in a small group with a Chartered Psychologist as a tutor, you get expert feedback and advice on your inter-personal style and how you might apply different techniques and knowledge to demonstrate your expertise.
Workshops can be arranged “in house” for larger organisations, for groups (such as local PFS Institutes) or, subject to sufficient numbers, for individual advisers. To discuss the options, please contact us.
I also provide individual coaching and advice. For example, you may wish to discuss some training on particular aspects, arrange coaching for dealing with a particular client or situation or investigate the possibility of cross-referrals. Because everybody has different needs it is usually best to contact us, so that we can work out the best and most economical way to proceed.
Please note that we reserve the right to restrict access to training or coaching to those who are registered and have the appropriate insurances, etc.
We have prepared modular training for those advising clients about the “people” side of money and who are not qualified as financial advisers. This covers areas such as the basics of financial management, budgeting, insurance, motivation in relation to money etc. For groups, for example through one of the coaching bodies in the UK, please contact us to discuss your exact requirements.
Alternatively, we can work with individuals one-to-one (on a coach the coach basis) to help with the particular areas of financial coaching you want to develop.
There is an awful lot of ground that can be covered and the financial detail usually has to be tied in quite closely to core skills of the coach in order for it to be useful. Therefore, each event (whether an hour’s talk, a half-day, day or more) needs to be carefully constructed and adapted to the group or individual concerned. Please contact us to discuss.
Do bear in mind that financial advice is strictly regulated and quite apart from competence in the psychology involved, the techniques of coaching and the interpersonal skills required, you also have to have professional indemnity insurance and both the ethical guidelines and the skills to know your own limits and to make a referral when you are straying into areas such as therapy or direct financial advice. We therefore reserve the right to restrict any course or coaching to those who have the appropriate background and qualifications, to ensure that clients are given adequate protection.
As with coaching, we have some modules designed for those advising people about the “people” side of money, which are appropriate to coaches and therapists dealing with the psychological problems arising from financial problems, particularly debt. The typical issues include the mechanics of budgeting, practical means of altering addictive behaviour in relation to spending, practical advice on dealing with debt etc.
I’m aware that those using a non-directive style may feel that this precludes giving direct advice, but many therapists still find it useful to have a sound grasp of the practical basics in order to be better able to challenge and help the client investigate realistic options.
I usually work one-to-one to help with the particular issues of finance you find yourself addressing. Alternatively, the modular training approach works (and is obviously more economical) for organisations, such as those involved in EAP’s, particularly where redundancy or downsizing are occurring. Please contact us to discuss your requirements.
Because of the potentially vulnerable nature of the clients involved, I do reserve the right to restrict training and advice on the issues to therapists who are appropriately qualified, for example those who are Chartered and/or Registered Psychologists or BACP members.