Certified Financial Coaching Training: Certified Personal Financial Wellness Consultant℠

The Certified Personal Financial Wellness Consultant℠ training empowers individuals who seek to earn designation as highly-qualified financial coaches. This program imparts the knowledge, reputation, and confidence to become a proficient, effective financial coach. Graduates from this NFEC certification training indicates your alignment with top standards for financial coaches and your capability to help clients improve their personal finances.

Every person has a unique set of habits, emotions, and situations related to money. That’s why financial coaching demands a specialized skill set. The NFEC’s Financial Coach certification training was designed to give you those skills, along with practical experience in their application. Thus participants in your coaching endeavor accomplish better outcomes.

NFEC Certification Program Capability Objectives for Financial Coaches

Graduates from the Certified Personal Financial Wellness Consultant℠ training have exhibited their capabilities across several benchmarks. They demonstrate competence to guide clients toward improving their financial situations. CPFWCs also have verified systems that support clients to make positive financial decisions. They actively participate in various activities that move clients and their greater communities closer to financial wellness.

This top-quality financial coach certification program complies with the highest standards for academic rigor. At the same time, the training offers hands-on activities and implementation experiences that enable trainees to practice the coaching skills as they learn. Upon graduation, CPFWCs have both the content knowledge and the aptitude to help clients reach their goals.

Graduation from the NFEC’s financial coaching coursework requires trainees to successfully pass a proctored final exam after receiving about 180 hours of training and practical experience (18 CEU/Continuing Education Units). Students may test out of some portions of the training.

Once you graduate from this rigorous coursework, you will have proven your financial coaching competencies at an advanced level. The NFEC continues to support your efforts post-graduation to help you become recognized as an expert authority in the financial coaching sphere.

To measure your demonstrated coaching capabilities, we apply the Competencies Proficiency Scale developed by the National Institutes of Health.

Subjects Covered in the NFEC Financial Coaching Training

The Certified Personal Financial Wellness ConsultantSM programming was developed to guide coaches toward a proficiency level that achieves optimal outcomes. The subjects covered include not only financial education content, but also the psychology and behavior related to money management. The principles and best practices for coaching also are covered through virtual skills development activities.

Topic Sections Included in the NFEC Financial Coach Training

  • The Coaching Process

    • Understanding, Reporting, Diagnosis
    • Education & Guidance
    • Support & Maintenance
  • Psychological & Behavioral Finance Features of Coaching
  • Financial Coaching & Counseling Tactics
  • Personal Finance Content Knowledge
  • Instructional Methods to Build Client Understanding
  • Standards for Coaching and Professional Practice

Get Practical Coaching Experience

Becoming a well-trained coach demands much more than reading a few books or watching videos. Successful coaches need effective coaching skills and practical experience applying those techniques.

If you needed an operation, you wouldn’t choose a surgeon who learned the process on YouTube. You’d want one with credentials and a proven track record performing that surgery in the past. Financial coaches are no different – clients look for coaches with successful track records in helping others reach their financial goals.

By requiring trainees to practice and apply the skills as they go along, this training helps you gain clients’ confidence and trust. Practical experience boosts your self-assurance and enhances your reputation.

NFEC Financial Coach Course Covers Four Experience Tiers

Practicum Level

Observe other financial coaches virtually as they work with clients. Note and record how other coaching professionals follow the consultation process.

Project-based Learning Level

The coursework includes a segment where you coach yourself using your own personal finance situation. This level enables you to practice the procedures on yourself.

Case Method Level

Case studies present characters with unique financial situations and have you apply the coaching process to help the characters move toward their goals. This level helps you develop your coaching skills further.

Implementation Level

You’ll implement what you’ve learned by practicing coaching with other students enrolled in the course. Conducting these practice sessions by phone allow you to polish your skills in a structured, safe environment.

Personal Finance Coaching Standards

To ensure that CPFWCSM designees have the best credentials and are held to top standards of quality, the NFEC created benchmarks graduates must meet: the Financial Coaching Standards and Code of Ethics. Leading this list of standards is the principle that coaches have foremost fiduciary responsibility to their clients. The NFEC consulted with over 12 agencies that have authority to regulate the financial wellness industry to produce these standards. The agencies cited include the Federal Trade Commission (FTC), the International Coaching Federation (ICF), the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), and the American Psychological Association (APA).

The financial coaching industry per se has no specified regulations in place. However, the NFEC chose to be proactive in developing a guiding framework to protect not only their certified coaches, but also those coaches’ clients. Their standards document outlines a teaching framework based on best practices theory to ensure top quality and impact of coaching and educational materials. The NFEC also lays out common language for communications and how to raise awareness about the importance of choosing well-qualified coaches.

Processes & Resources for Coaching Incorporated in the Training

Beyond skills development, the CPFWCSM training also covers the processes and provides the resources coaches need to become effective. The coursework uses a step-by-step approach to present the coaching process and gives you practical experience applying the resources.

As you walk through each phase of the coaching process, the resources you need to succeed at that step are built right into the training. You’ll apply the skills you’re gaining with the exact same resources you’ll use when you begin coaching. This design reinforces the coaching process in your mind and helps ingrain the skills you need to be a successful coach.

The NFEC’s Financial Consultant program provides all the resources coaches need to succeed at serving their clients, including:

Over 100 Training Videos

Optional Live Weekly Webinars

Course Manuals & Workbooks

Physical Certification Award

Bonus: Additional Client & Business Resources

So that our coaches can succeed as professionals and access the resources they need to give clients top-quality services, enrollees in the NFEC Financial Coach training can choose to add client and business resources. These materials include:

Financial Education Resources for Clients. We provide access to the full bank of NFEC financial education resources (eLearning center, printable handouts, fillable PDFs) that facilitate you to assign lessons customized to clients’ unique needs.

Coaching Software & Client Report System

Coaching Processes & Communications

Forms and Coaching Practice Resources

Client Financial Education Resources

Business Planning, Training, & Resources

Marketing, Promotions, & Client Leads

Plus: Full Coaching Website Tailored to You

When you sign up for the full financial coaching program – which includes Certification, Coaching Resources, and the Client Communications & Business Resource Package – we’ll also create a complimentary customized website based on your information when you graduate. This website is more than just public-facing content: it gathers leads, helps you manage clients, and processes payments through embedding your calendar and e-commerce systems. Details:

  • 20+-page Website Highlighting Your Professional Credentials
  • Systems to Collect Emails & Automate Communications
  • Custom-branded to Your Coaching Practice
  • Embed Your Calendar / Appointment Scheduler
  • Embed Your Merchant Account to Enable Credit Card Payments

Package Options & Pricing

It should be clear by now that we offer you a complete, turnkey solution to become a successful financial coach. You gain access to the expertise, systems, and resources that underpin a reputable coaching business that truly helps clients. The following options are available:

Training and Certification Only

$1,295Annual Renewal $295
  • Who is this Package Best Suited for – Click Here
  • Complete Training Course & Materials
  • Optional Weekly Live Training Calls
  • Meeting with Program Counselor
  • Testing & Background Check (Additional $127 due before final exam)
  • Bonus: CFEI Training for Those Wanting to Teach Groups or Lead Workshops ($297 Value)
Select This Package

Training & Certification with Client Service Package

$1,995Annual Renewal $590
  • Who is this Package Best Suited for – Click Here
  • Complete Training Course & Materials
  • Optional Weekly Live Training Calls
  • Meeting with Program Counselor
  • Testing & Background Check (Additional $127 due before final exam)
  • Client Software & Reporting
  • Client Communication Resources
  • Client Education Resources
  • Financial Education Package
  • Bonus: Turnkey Financial Education Package for those Seeking to Teach Groups ($795 Value)
Select This Package

Training & Certification, Client Service Package & Business Package

$2,495Annual Renewal $695
  • Who is this Package Best Suited for – Click Here
  • Complete Training Course & Materials
  • Optional Weekly Live Training Calls
  • Meeting with Program Counselor
  • Testing & Background Check (Additional $127 due before final exam)
  • Client Software & Reporting
  • Client Communication Resources
  • Client Education Resources
  • Financial Education Package
  • Business, Revenue, & Funding Resources
  • Marketing & Promotional Resources
  • Bonus: Turnkey Financial Education Package for those Seeking to Teach Groups ($1,295 Value)
  • Graduate Bonus: Customized Website
Select This Package

Terms, Guarantee, & Renewal

You agree to the terms of the financial coaching program and are bound by the agreement upon purchase. Read the full terms and conditions. You must complete annual training and testing to maintain status as an NFEC Financial Coach. Starting year 2 (365 days after order), your annual investment is $295 for continued access to the course, resources, and tools. Testing and background check is a one-time investment of $127. Bonus coaching website terms.

One-year, 100% Guarantee: Those who purchase the full financial coaching program receive the most comprehensive financial coaching program available on the market today, measured based on these key traits: Highest Standards & Credibility; Education Quality & Practicality of Instruction; and Scope of Client Resources. This statement is backed with a one-year, 100% money back guarantee. Read Full 1-Year Guarantee terms.