Financial Advisor or Financial Coach. What's the difference? It can get confusing, so let's dive in.
Here at Ramsey, we have two main groups that provide financial advice: SmartVestor Pros and Ramsey Preferred Coaches. These may seem similar, but they serve very different purposes.
SmartVestor is a program that was created to help connect fans with investment professionals who serve their area. SmartVestor Pros help our fans specifically with investing and retirement questions. If you are working the Baby Steps, the Pros can help with Baby Steps 4-5.
Note: We encourage folks to be completely debt free and have an Emergency Fund of 3-6 months' worth of expenses saved before beginning to invest. When you are ready to connect with SmartVestor Pros, follow this link.
How can a Ramsey Preferred Coach assist? They can walk you through specific financial situations on a more personal level. Coaching is the most detailed, comprehensive program we offer.
A Ramsey-trained coach will assess your situation and help you progress through your financial journey. Whether it's designing a budget, establishing a plan for paying off debt, saving for a house, or addressing any needs unique to your situation, a Ramsey Preferred Coach is ready to help! Here is the link to find your nearest coach.
Still confused or unsure of the best route to take? Here are some additional articles from our team that may help:
Coach vs. Pro: Who Should Help You Manage Your Money?
Your Money. Your Plan. Your Journey. (Free 3-Minute Assessment)