Why You Need Both: Financial Coaches and Advisors Each Play a Role in Building Wealth
- Tania Mabrey
- Jun 24
- 3 min read
By Tania Brielle Mabrey
Posted on briellemabrey.com
Let’s go ahead and clear something up.
There’s a lot of confusion out there about the difference between a financial coach and a financial advisor. Who they are, what they do, and which one you need. The truth? If you're serious about building long-term wealth, you’ll probably need both at some point.
Different roles. Different strengths. Same mission: helping you build a better financial future.
Here’s what you need to know.
Start Where You Are
If you're just getting started on your net worth journey, or trying to get back on track, a financial coach is probably where you need to begin.
Coaches help you shift your mindset, break harmful money habits, and start building systems that actually work in your real life.
We're the ones helping you go from:
Confused to clear
Overspending to intentional
Stuck in debt to finally gaining traction
A good coach doesn’t just give you information. We walk with you. We help you build habits. We hold you accountable.
And most importantly, we help stop you from everyday decisions that are likely sabotaging your net worth growth without you even realizing it.
What About Financial Advisors?
Once you’ve established a baseline, you’ll want to add a financial advisor on your team to help you grow and protect what you’ve worked hard for.
Financial advisors are licensed professionals who can:
Manage your investment portfolio
Help you roll over your 401(k) or open an IRA
Provide advice on specific investment vehicles to incorporate into your strategy
They are amazing partners to help you optimize, not just organize, your long-term financial strategy.
But here’s the key. If you don’t have your daily money habits in order, even the best advisor won’t be able to save you from yourself.
Which One Is Right for You?
If you’re still trying to figure out:
How to get out of debt
How to stop living paycheck to paycheck
How to actually stick to a budget
How to build wealth beyond just working harder...
Then a financial coach may be your missing link.
But once your foundation is strong and you're ready to scale your assets, a financial advisor becomes an essential part of your wealth team.
And honestly? You’ll likely benefit from both at different stages of your journey.
Why This Matters for Your Net Worth
Here is the real deal. Increasing your income is not the same as building wealth.
If your habits do not change, neither will your net worth.
That is exactly why I created The Wealth Agenda podcast. It is designed to help you make confident, informed decisions about your financial life and start building wealth with intention.
In my latest episode, I dive deeper into this topic and break down the real differences between a financial coach and a financial advisor. You will learn who to bring onto your team and when.
🎧 Listen to “Build Wealth Smarter: Financial Coach or Advisor?”
Now streaming on all platforms
While you are there, be sure to subscribe so you never miss an episode. Each one delivers real talk, practical tips, and strategies to grow your net worth with clarity and purpose.
If this helped shift your mindset, send it to a friend who needs to hear it too.
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