Certified Personal Financial Wellness Consultant℠ (CPFWC℠)

The Certified Personal Financial Wellness Consultant℠ financial coach certification program helps individuals acquire the expertise, credibility, and self-assurance they need to be competent financial coaches. Graduation from the NFEC’s certification program demonstrates that you are qualified to help people improve their finances and increases your credibility as a financial coach.

Because each person has his or her own pre-existing financial habits, relationship with money, and current financial situation, working with people as a financial coach requires specialized expertise. To help you build the skills you need and gain coaching experience, the CPFWC℠ program was developed to achieve better results among clients who participate in your coaching service.

Competency Level Goals & Course Details

Certified Personal Financial Wellness Consultants℠ have demonstrated their competencies and have systems in place to support their clients’ efforts to strengthen their financial situations. Graduates of this program can participate in a variety of activities that help move their individual clients and overall communities toward financial wellness.

The CPFWC℠ meets standards for the highest academic rigor, while providing practical guidance and implementation activities to help you practice the coaching process. Graduates possess the skills and knowledge they need to support their clients’ goals. We use the National Institute of Health Competencies Proficiency Scale to measure one’s ability to demonstrate competency as a financial coach. Learn More.

Training Schedule: Self-paced with scheduled meeting times for peer work.

Training Hours: 180 hours comprised of education and completion of activities that help you build a financial education program.

Testing: Pass a moderated online test comprised of 90 – 125 questions with a passing score of 80%. Test fee $68 per attempt. Select assignments must be turned in and graded and candidate must average above 80% to earn designation.

Ongoing Training & Testing Requirements: 3 years after earning certification and completed within 9 months to maintain good standing.

Prerequisite: There are no education requirements or prior experience requirements. However, we do require all coaches to pass a criminal background check.

Standards & Disciplinary Process: View Here.

 

Competency Level Goals of the NFEC Financial Coach Program

Certified Personal Financial Wellness Consultant have demonstrated their competencies and have systems in place to support their clients’ efforts to strengthen their financial situations. Graduates of this program can participate in a variety of activities that help move their individual clients and overall communities toward financial wellness.

The NFEC Financial Coach training meets standards for the highest academic rigor, while providing practical guidance and implementation activities to help you practice the coaching process. Graduates possess the skills and knowledge they need to support their clients’ goals.

The NFEC Financial Coach course requires successful completion of a proctored exam after approximately 180 hours of training and practice (18 Continuing Education Units – CEU). You may test out of some parts of the training.

By the time you graduate from the program, you will have demonstrated that you have reached an advanced state of competency as a financial coach. We continue to support you after you graduate to become an expert and recognized authority in the financial coaching space.

We use the National Institute of Health Competencies Proficiency Scale to measure one’s ability to demonstrate competency as a financial coach. Learn More.

NFEC Course Subjects in Financial Coach Training

Topics presented in the Certified Personal Financial Wellness Consultant program were selected with the aim to help coaches develop organizational systems and skills to conduct financial coaching with top results. The subjects covered include a broad scope of personal finance knowledge, financial psychology, and principles of coaching. The coursework is designed in multimedia format with hands-on virtual activities that allow you to practice and hone your coaching skills.

Topic Sections Included in the NFEC Financial Coach Training

NFEC Financial Coach Course Topics

The Certified Personal Financial Wellness Consultant training was designed to help you build skills and systems to become a financial coach with maximum impact. The topics covered range from personal finance content to psychological and coaching principles. You will participate in active virtual training and develop your coaching skills as you complete the course.

Topic Sections Included in the NFEC Financial Coach Training

  • The Coaching Process: Understanding, Reporting, & Diagnosis
  • The Coaching Process: Guidance & Education
  • The Coaching Process: Maintenance & Support
  • Psychological & Behavioral Finance Aspects of Coaching
  • Financial Coaching & Counseling Strategies
  • Content Knowledge of Personal Finance Topics
  • Instructional Methodologies to Maximize Client Understanding
  • Coaching Standards and Guidelines of Professional Practice

Obtain Coaching Experience

You cannot learn how to coach effectively simply by reading or watching videos. High-quality coaches learn by doing – which is why this program requires skills training and practical application.

People must trust their financial coaches to help them with a very sensitive aspect of their lives: their personal finances. They wouldn’t entrust their physical health to a doctor who was trained on YouTube. By the same token, they want financial coaches with experiential training and a proven track record.

This training prepares coaches to be trustworthy by incorporating skills practice as part of the learning. Rehearsing how to apply the coaching process helps you gain confidence and enhances your reputation.

Gain Coaching Experience

To be an effective coach requires more than just watching a few videos. You must gain the skills you need to coach effectively and practice at applying those skill sets.

You would not want a doctor to operate on you who just read about how to perform surgery; you would want one who has successfully performed that surgery in the past. People want and expect the same from the coaches they are entrusting with their financial futures.

To ensure that you are worthy of your client’s trust, the training includes practice and application of the skills to help you best serve your client. This practice will strengthen your confidence so you make a great impression.

4 Experience Levels Included in NFEC Financial Coach Course

Practicum Experience

Watch financial coaches in action to virtually observe and document how professionals perform their responsibilities.

Project-based Learning Experience

As you go through the course, you will be financial coaching yourself – reviewing your own finances and practicing the process on yourself.

The Case Method Experience

You will develop further skills as you review case studies and apply the coaching process to resolve the characters’ main goals.

The Implementation Experience

You work by phone with other students in the course to practice the coaching process in a safe, controlled environment.

Financial Coaching Standards

The NFEC developed standards for earning the Financial Coach Certification to distinguish coach qualifications and assure potential clients that coaches are held to the highest standards of excellence. These standards are centered around the principle that the coach has primary fiduciary responsibility to the client.

The NFEC has proactively developed its own set of standards to protect both coaches and their clients. These standards include a theory-based teaching framework that ensures the quality and impact of educational programming. The standards also stipulate common language as a method to improve communication; and contain an awareness tool that underscores the ultimate importance of selecting highly-skilled educators.

Financial Coaching Standards

The NFEC developed standards for earning the Financial Coach Certification to distinguish coach qualifications and assure potential clients that coaches are held to the highest standards of excellence. These standards are centered around the principle that the coach has primary fiduciary responsibility to the client. More than a dozen authorities regulating the financial literacy industry are cited in the NFEC’s Financial Coaching Standards and Code of Ethics, including the Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC), the Federal Trade Commission (FTC), the American Psychological Association (APA), and the International Coaching Federation (ICF).

Although the financial coaching industry is not subject to specific regulations, the NFEC has proactively developed its own set of standards to protect both coaches and their clients. These standards include a theory-based teaching framework that ensures the quality and impact of educational programming. The standards also stipulate common language as a method to improve communication; and contain an awareness tool that underscores the ultimate importance of selecting highly-skilled educators.

The Financial Coaching Program Includes All of These Resources

Financial Coaching Program Products Included

Training & Certification

Financial Coach Training
Includes All Training Resources:

  • Full Learning Center Access
  • Optional Live Weekly Calls
  • Over 100 Training Videos
  • All Course Manuals & Workbooks
  • 180 Total Hours of Training Materials
Certification
Includes:

  • Certification, Testing, & Background Check
  • Physical Certification Award
  • Webpage Highlighting Your Certification
  • Access to All Graduate Resources
  • Logo
  • CE Award Letter

Coaching Resources

Financial Coaching Software
Includes:

  • Personal Financial Report Generator
  • Easy-To-Use Software Interface
  • Client Report Management System
  • Complete Interview Scripting
  • Root Cause Diagnosis System

Client Education Resources
Access the most comprehensive educational library designed for financial coaches:

  • eLearning Center
  • Printable Guides and Handouts
  • Presentation Resources
  • Emailable PDF Client Guides

Processes & Communications

Process Resources & Training
Includes process outlines and resources to:

  • Onboard A Client
  • Assigning Education Lessons
  • Help Them Work Through All Stages of The Coaching Program

Communication Resources
Includes:

  • All the Communications We Use With Clients
  • Over 100 Prewritten Emails
  • Complete Meeting Scripting
  • Client Financial Action Guide
  • Goal-Setting Planner
  • Other Communications

Business Resources

Product, Pricing, & Funding Models
All graduates receive:

  • Coaching Business Plans
  • Client Coaching Package Offerings
  • Pricing Models
  • Alternative Revenue Strategies Guide
  • Business Aspects Training

Marketing, Financial Education Package, & NFEC-provided Leads.
All graduates receive:

  • Marketing & Promotions Package
  • Financial Education System for Lead Development
  • Coaching Client Acquisition Materials

Package Options & Pricing

By now you understand that we provide you with a complete turnkey solution to your financial coaching needs. You will have access to the systems, resources, and expertise you need to build a respected coaching program and better help people who need your services. Choose from these options:

Training &
Certification Only

$1,295
  • 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)
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Select This Package
  • Annual Renewal $295

    • Training & Certification with Client Service Package

    $1,995
    • 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)
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    Select This Package
  • Annual Renewal $590

    • Training & Certification, Client Service Package & Business Package

    $2,495
    • 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
  • Annual Renewal $695

    • Guarantee, Terms, & Renewal

    You agree to the terms of the financial coaching program and upon purchase you are bound by the agreement. Read the complete terms and conditions. Annual training and testing are required to maintain NFEC Financial Coach status. Starting in year 2 (365 days after order), your annual investment is $295 for the Certification which includes all the training tools. Additional resources are $295 annually starting in year 2. Testing and background check is a $127 one-time investment. Bonus coaching website terms.

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