Wise Money

Financial Coaching

Personalised Guidance To Your Financial Challenges

Why Coaching? 💡💬🤔

How much does it cost & What's included?

30 Minutes Q&As
147
  •  

OR

1-Hour Coaching
237
  •  
Best Value
30 Minutes Q&As
147
  •  

OR

1-Hour Coaching
237
  •  

Who is it For and with?

You Can be based in Any Country

All sessions are held with raph

Most coaching participants come from the EU or the UK. But we have consistent demand from all around the world.  We provided coaching sessions to beginners or experienced investors from Guatemala to Japan. Below is a map of sessions held so far.

Raph has a 15-year experience in the Asset Management Industry. He worked for some of the most prestigious names in the financial industry in London and Paris. He managed multi-billion multi-asset portfolios and led ‘Special Situation’ projects in multiple jurisdictions, including during the Global Financial Crisis and the European Debt Crisis. Raph holds an MSc in Financial Engineering and is a Chartered Financial Analyst (CFA)Sessions may be held in English, French or Polish.


Raph is not affiliated with any Asset Manager. He only guides you in your best interest, unlike some financial advisors that often receive incentives from Asset Managers. In Europe, these retrocession fees are very common. The payments are often done discreetly and are not disclosed to you – the client – although they use client funds to pay the fees. 

Who is it with?

Raph has a 15-year experience in the Asset Management Industry. He worked for some of the most prestigious names in the financial industry in London and Paris. He managed multi-billion multi-asset portfolios and led ‘Special Situation’ projects in multiple jurisdictions, including during the Global Financial Crisis and the European Debt Crisis. Raph holds an MSc in Financial Engineering and is a Chartered Financial Analyst (CFA)Sessions may be held in English, French or Polish.

 

Raph is not affiliated with any Asset Manager. He only guides you in your best interest, unlike some financial advisors that often receive incentives from Asset Managers. In Europe, these retrocession fees are very common. The payments are often done discreetly and are not disclosed to you – the client – although they use client funds to pay the fees. 

Who is it For?

Most coaching participants come from the EU or the UK. But we have consistent demand from all around the world.  We provided coaching sessions to beginners or experienced investors from Guatemala to Japan. Below is a map of sessions held so far.

How is it different from advice?

We provide Financial Coaching. A Coach is:

We are not advisors. A Financial Advisor:

We provide Financial Coaching. A Coach is:

We are not advisors. A Financial Advisor:

FAQs

Below are some of the most frequently asked questions. If you have any other concerns, don’t hesitate to reach out to us at [email protected]

 

The sessions are available in either:


👉English

👉French

👉Polish


I am are still brushing up my German and Japanese skills!

No, there are no pre-requirements. You can be a beginner or an experienced investor. I adapt the language and concepts to your knowledge.

A significant part of our clients are professionals in the Tech sector, Lawyers or Doctors that want to avoid costly mistakes when investing.

We also coach 25-30 year old young professionals that want to maximise assets for early retirement. We also have a large group of entrepreneurs that e.g. receive large lump sums after selling their company and want to invest it in financial markets. We speak to crypto millionaires that want to reduce their risks. Finally, some of our coaching clients are in their 40s or 50s and want to set up customised, income-producing portfolios or create Bond ladders for their retirement. Our youngest client is in his early 20s. Our oldest – early 70s. 

We will tailor the sessions and costs to make investing accessible. No financial jargon. Beginners often ask us: 
 
👉 Show Me The Tools – What are the best tools to track my portfolio, choose ETFs, rebalance and monitor the market?

👉 Help Me With Asset Allocation – What investments do I need to take into consideration for e.g. Taking a Sabbaticalbuying a House or saving for Early Retirement? What proportion of bonds and equities are reasonable for my goals?

👉 Challenge My Portfolio – Here is my portfolio – what am I missing? What could derail my strategy?

👉 Simplify My Portfolio – I have too many assets, some have gains other loses. What could I keep and could should I sell? Show me some ways to think about this problem. What is historically highly correlated, to keep my portfolio simple? Does rebalancing frequency matter?

👉 Investing Timing – I fear that investing a lump sum in this market may have a negative impact on my returns. How can timing of buying ETFs affect my performance? What are the best strategies to deploy my savings?

👉 Challenge My Financial Advisor – Is my FA worth it? Should I go DIY (Do-It-Yourself) Investing? What should I consider before making the move?

👉 Brokers – What are the pro and cons of investing with a bank? Why should I diversify brokers? What are the safety risks? Can we discuss a few brokers that I have pre-selected to assess them based on a safety and fee framework?

👉 Alternative Assets  What are some risks of portfolio diversifiers like Gold or Crypto? What are the benefits? What proportion of the portfolio should be allocated to them? How do I rebalance between the asset classes? Are multiasset ETFs beneficial?

👉 Reducing Costs – I have shortlisted a few ETFs, can you help me to compare them before I decide which one to buy? How much money can be saved by optimising withholding taxes? 

👉 Benchmarking Against Others – What are educated investors doing in a similar situation to mine?

👉 International Investing – I may move to another country. What are the implications for my brokerage accounts, ETFs and fund taxes?

We are flexible, and discussions can be quite deep:

 

👉 Living Off My Portfolio – I am investing for a specific goal e.g. Early Retirement, what is the research saying about e.g. the amount I need to have accumulated, how much can I withdraw annually? How does it differ when I’m investing from the UK or Europe vs the US? What are some simulators available and how to run them? What are the assumptions/shortcomings of these models and how can I make my portfolio antifragile? How should I rebalance my portfolio tax-efficiently? Are dividends helpful in retirement?

👉 Sub-portfolios and Goal-based Investing – How do I manage my net worth with multiple goals e.g. house, retirement and kids’ education? What are the best tools to track my portfolio with multiple goals? How do I rebalance and monitor the market?

👉 Bonds & Bond ETFs – What are inflation linked Bonds? What makes them outperform? Should I allocate some portion when I am based in the UK or Europe?  How do I rebalance an ETF portfolio? How to withdraw from my portfolio during retirement?

👉 Factor Investing – Why do some investors add small cap value stocks to their portfolios? I want to exclude Tobacco companies from my portfolio – what are my options? How to apply Factor Investing? Can I invest through Avantis or Dimensional Fund Advisors’ ETFs in Europe?

👉 US vs UCITS ETFs  Can I invest through U.S. ETFs? What are the pro & cons? How do I access U.S. ETFs from Europe?

👉 Reducing Risks & Broker Pro/Cons – Should I choose a Tier 1 or a Bank Broker? What are the risks of different types of brokerage accounts? How do I assess the risks of my broker going bankrupt? What would be the implications? How should I plan for this extreme scenario?

👉 Comparing Equivalent ETFs – I have certain constraints in my tax-wrapper and can only select certain funds (e.g. I live in France and limited to specific synthetic ETFs). Which ETF characteristics should I pay attention to with synthetics?

No. We do not provide financial advice, and Stock selection is not part of this service. 

Some considerations are included above. For more details, consult your regulator’s website.

 

 

A financial coach is:  Trained but not regulated, Skilled at reviewing your overall financial situation and goals, Able to help you develop a financial plan to achieve those goals, Happy to discuss the pros and cons of various financial products but can’t recommend a specific one for you, Comfortable working with anyone, whatever their situation and Going to charge for their time.

 

A financial adviser is: Regulated and authorised by the regulator to recommend specific products to clients or is independent and able to offer ‘whole of market’ solutions. Often, going to charge a fixed or management fee, typically 1.5-2% of their client’s assets with initial fees on top.

 

Why coaching? We are proud to say that our coaching service has empowered a number of clients to reconsider their financial advisers’ offerings. From our clients’ feedback, in a number of cases, clients were overcharged, and offered unsuitable products, often due to conflicts of interest. However, this is not a rule. The best choice between a financial coach and adviser depends on an individual’s unique circumstances, including their financial literacy, time availability, comfort with managing their finances, and complexity of their financial situation.

Get a list of questions, and we can go through them in detail during the session. I understand that every investor will have different needs, and that’s why I tailor my session completely to the individual’s requirement. 

So whether you want to discuss your existing portfolio, gain the knowledge and skills to start investing, or simply have some specific questions you would like to ask me, a coaching session will be a good choice for you.

We offer a couple of session formats: 

 

 

👉 1-hour sessions – For those sessions we draft and validate an agenda with you to make sure we prioritise the topics to your needs. You will fill out a form after payment.

👉 30-minutes Q&A calls – to cover urgent questions you may have. We will request the questions you want to cover.

Yes, if you opt for the 1-hour session, you will receive a document after our call with recommended reading related to your specific questions.

It may take a couple of weeks to find a suitable slot in periods of high demand. However, we try to accommodate your needs and try to find a slot suitable for both of us as soon as possible.

It depends on your needs. We will share a form with you to best structure your questions so that you get the most out of the session. For a number of our readers, that gets them past their immediate concerns with investing. But we can proudly say that even more often they come back for more sessions, once they realise that the opportunity costs of not getting a session – through higher expenses, time lost researching or mistakes later in their journey – far outweigh the nominal cost paid for a session. 

We use Microsoft Teams. A link will be shared ahead of the session. We can also accommodate other videoconference services if you have a strong preference. A couple of sessions were also conducted via phone.

Case studies

Felipe from Argentina (Beginner)

Victor from Belgium (Intermediate)

Felipe works for an American Firm, but he’s based in Argentina. Due to the lack of tax agreement between his country and the U.S., he chose to invest through UCITS ETFs. That brought him to us, in order to understand how to invest most cost-efficiently. Use the below toggles to get a feel of what Felipe achieved throughout the sessions.

Felipe was looking to understand how to determine the right amounts of Stocks and Bonds in his portfolio. Raph provided ways to look at Asset Allocation, explained broker counterparty risk, especially given his location, and Value vs Growth Stocks diversification. Felipe was able to understand ETF regulation in Europe and how he can reduce withholding taxes, and what are realistic expectations for long term portfolio returns based on his asset allocation. We also discussed risks of Cryptocurrencies and how Gold fits into his overall portfolio. Felipe also learned how he may be able to live off his investment portfolio in a couple of decades, and how he can simulate simple scenarios through online tools. 

 

Impact: The session allowed Felipe to increase diversification, make his portfolio more robust, reduce taxes and Broker counterparty risk.  

Felipe also set up an account to buy a property. However, in the next couple of years inflation may erode his savings, and he wanted to understand the trade-offs of putting money in a savings account and short-term Bond ETFs. He was also concerned about the fluctuation of currencies. We also discussed how deflation and inflation can affect the value of his long-term portfolio that he set up after our first session.

 

Impact: Immediate returns due to moving cash to interest some of the best yielding financial products. Understanding of Bank vs ETF counterparty risk. Felipe also has more knowledge about potential impact of deflation and how rebalancing benefits his simple, yet efficient portfolio.

Victor works for a Silicon Valley’s top Tech firm, but he’s based in Belgium. His net worth was very concentrated in his employers’ company shares. He also had a very inefficient pension fund and was looking to optimise Broker selection. Use the below toggles to get a feel of what Victor achieved throughout the sessions.

Raph reviewed the portfolio, asset allocation and pointed to potential weaknesses that may derail Victor’s Early Retirement plan. We discussed how much can realistically be withdrawn from the portfolio during retirement, limits to the historical models, tools to run scenarios, and what can be done to make the plan more resilient. Victor works in the Tech sector, and recently sold his vested shares, which accounted for the vast majority of his net worth. Equipped with academic evidence and data from the session, Victor decided to deploy the lump sum in pre-determined amounts. Raph also provided objective (not personalised) guidance related to ETF selection from tax perspective. Personal taxes were not discussed, as they are out of scope of this service. We also briefly discussed Bond ETF selection, whether setting up a Bond ladder is worth the efforts, and the pros and cons of Small Cap Value Factor Investing.

 

Impact: The session potentially accounted for significant long-term savings given tax and fee reduction, and likely a more robust portfolio to certain shocks. 

After reviewing follow-up materials from the first session, Victor was equipped with the knowledge to deploy the funds. He shortlisted seven Brokers in Belgium and asked Raph to provide information on them. Prior to the session, Raph circulated a document showing a comparison of fees and some objective considerations related to safety. Victor decided to pick two of them based on his own research and inputs from the session. Raph provided a few ETF candidates that can be used to replicate the exposure Victor wanted.

 

Impact: Broker cost considerations, including hidden fees like custody, may have saved considerable amounts in the long run.

Prior to being in the Tech sector, Victor worked for an institution, where some of his retirement funds are now locked with a specific provider. Unfortunately, the available funds are only active. The selection is complicated, as it includes mutual funds with changing strategies, benchmarks, high fees, and asset classes and strategy implementations (e.g. based on target volatility) that Victor is not familiar with. Victor and Raph discussed criteria to narrow down the candidates, and accounting for Raph’s inputs, Victor was able to instruct the pension provider which funds to buy. He also voiced certain concerns related to these funds, that Raph highlighted during the session. 

 

Impact: The session likely accounted for significant long-term savings in fees, and a possibly better match with Victor’s needs. 

Felipe from Argentina (Beginner)

Felipe works for an American Firm, but he’s based in Argentina. Due to the lack of tax agreement between his country and the U.S., he chose to invest through UCITS ETFs. That brought him to us, in order to understand how to invest most cost-efficiently. Use the below toggles to get a feel of what Felipe achieved throughout the sessions.

Felipe was looking to understand how to determine the right amounts of Stocks and Bonds in his portfolio. Raph provided ways to look at Asset Allocation, explained broker counterparty risk, especially given his location, and Value vs Growth Stocks diversification. Felipe was able to understand ETF regulation in Europe and how he can reduce withholding taxes, and what are realistic expectations for long term portfolio returns based on his asset allocation. We also discussed risks of Cryptocurrencies and how Gold fits into his overall portfolio. Felipe also learned how he may be able to live off his investment portfolio in a couple of decades, and how he can simulate simple scenarios through online tools. 

 

Impact: The session allowed Felipe to increase diversification, make his portfolio more robust, reduce taxes and Broker counterparty risk.  

Felipe also set up an account to buy a property. However, in the next couple of years inflation may erode his savings, and he wanted to understand the trade-offs of putting money in a savings account and short-term Bond ETFs. He was also concerned about the fluctuation of currencies. We also discussed how deflation and inflation can affect the value of his long-term portfolio that he set up after our first session.

 

Impact: Immediate returns due to moving cash to interest some of the best yielding financial products. Understanding of Bank vs ETF counterparty risk. Felipe also has more knowledge about potential impact of deflation and how rebalancing benefits his simple, yet efficient portfolio.

Victor From Belgium (Intermediate)

Victor works for a Silicon Valley’s top Tech firm, but he’s based in Belgium. His net worth was very concentrated in his employers’ company shares. He also had a very inefficient pension fund and was looking to optimise Broker selection. Use the below toggles to get a feel of what Victor achieved throughout the sessions.

Raph reviewed the portfolio, asset allocation and pointed to potential weaknesses that may derail Victor’s Early Retirement plan. We discussed how much can realistically be withdrawn from the portfolio during retirement, limits to the historical models, tools to run scenarios, and what can be done to make the plan more resilient. Victor works in the Tech sector, and recently sold his vested shares, which accounted for the vast majority of his net worth. Equipped with academic evidence and data from the session, Victor decided to deploy the lump sum in pre-determined amounts. Raph also provided objective (not personalised) guidance related to ETF selection from tax perspective. Personal taxes were not discussed, as they are out of scope of this service. We also briefly discussed Bond ETF selection, whether setting up a Bond ladder is worth the efforts, and the pros and cons of Small Cap Value Factor Investing.

 

Impact: The session potentially accounted for significant long-term savings given tax and fee reduction, and likely a more robust portfolio to certain shocks. 

After reviewing follow-up materials from the first session, Victor was equipped with the knowledge to deploy the funds. He shortlisted seven Brokers in Belgium and asked Raph to provide information on them. Prior to the session, Raph circulated a document showing a comparison of fees and some objective considerations related to safety. Victor decided to pick two of them based on his own research and inputs from the session. Raph provided a few ETF candidates that can be used to replicate the exposure Victor wanted.

 

Impact: Broker cost considerations, including hidden fees like custody, may have saved considerable amounts in the long run.

Prior to being in the Tech sector, Victor worked for an institution, where some of his retirement funds are now locked with a specific provider. Unfortunately, the available funds are only active. The selection is complicated, as it includes mutual funds with changing strategies, benchmarks, high fees, and asset classes and strategy implementations (e.g. based on target volatility) that Victor is not familiar with. Victor and Raph discussed criteria to narrow down the candidates, and accounting for Raph’s inputs, Victor was able to instruct the pension provider which funds to buy. He also voiced certain concerns related to these funds, that Raph highlighted during the session. 

 

Impact: The session likely accounted for significant long-term savings in fees, and a possibly better match with Victor’s needs. 

Arthur from Singapore (Experienced)

Nicole from the U.K. (Experienced)

Arthur is an experienced international M&A Banker. He grew up in France, but is currently relocating from Singapore to Canada, and wanted to optimise his portfolio and understand his factor exposures, as he has access to Avantis and Dimensional Funds. He also wants to structure a portfolio for his mother living in France, which is in her 60s. Use the below toggles to get a feel of what Arthur achieved throughout the sessions.

Raph X-rayed the current portfolio and provided an overview of factor and geographical exposures. Arthur understood the limitations of a 100% Equity portfolio, but given his age he wanted to remain mainly allocated in Equities. To reduce the risk of a lost decade without using e.g. Bonds or Alternatives we discussed which Equity factors may help with diversification and how we can leverage Avantis and Dimensional Funds to add tilts to his Golden Retriever Porfolio. We also discussed different tools to manage his multiple goals inluding BoW Portfolio Tracker, which allows Retirement planning and having an overall wealth overview including counterparty exposure, asset class breakdowns, and goals-based sub-portfolios, but prioritising privacy (Excel based solution).

 

Impact: More robust portfolio from a factor perspective, ability to leverage tools to model his goals and track his net worth. 

Arthur wanted to set up a portfolio for his Mum. Raph gave overview on how to think about asset allocation to live off the portfolio and leave inheritance to her kids. We discussed the pros/cons of dividend strategies for retirement portfolios. We also discussed which Bond ETFs are suitable and how to make the portfolio the most simple and efficient for her to understand. 

 

Impact: Arthur decided on asset allocation and understood how to extract cash flows from a retirement portfolio.

Nicole has a financial advisor in the U.K. His charges are high, but the advisor gives her access to certain factor funds that are typically not available to individual investors, like Dimensional Fund Advisors. She also wants a better view on corporate bonds. Use the below toggles to get a feel of what Nicole achieved throughout the sessions.

Raph reviewed the portfolio and X-rayed the ‘Mutual Fund Salad’ that the advisor created from a factor and geographical perspective. He ran a couple of scenarios to show the detrimental effect of advisor’s fees over time. However, Raph recognised that having access to some Funds is beneficial and we discussed strategies to minimise advisory costs while keeping a portion of assets with the FA to keep access to factor ETFs that are typically not available in Europe. We discussed the pro/cons of factor risk premia vs certain costs of the FA. We also discussed how to move to DIY Investing and tools to use to monitor his portfolio. 

 

 

Impact: Potentially tens/hundreds of thousands saved given the size of his portfolio and time horizon, while providing understanding of factor exposures.

After reviewing follow-up materials from the first session, Nicole wanted to implement sustainability into her DIY portfolio. Nicole now understands factors, so we discussed ESG ratings, and why ESG under/out performs in the short to medium term. Raph gave insights into Green Bonds and why Sustainable Investing is different in the Fixed Income Markets. We also discussed how bonds react to changes in yields, and the 2x rule when holding Bond ETFs. Raph also introduced concepts like Option Adjusted Spread for Corporate Bonds and Convexity. Finally, we discussed the merits of iBonds.

 

 

Impact: Implementation of Sustainability while keeping high diversification. Nicole also set up a Bond Ladder for some of her goals.

Arthur from Singapore (Experienced)

Arthur is an experienced international M&A Banker. He grew up in France, but is currently relocating from Singapore to Canada, and wanted to optimise his portfolio and understand his factor exposures, as he has access to Avantis and Dimensional Funds. He also wants to structure a portfolio for his mother living in France, which is in her 60s. Use the below toggles to get a feel of what Arthur achieved throughout the sessions.

Raph X-rayed the current portfolio and provided an overview of factor and geographical exposures. Arthur understood the limitations of a 100% Equity portfolio, but given his age he wanted to remain mainly allocated in Equities. To reduce the risk of a lost decade without using e.g. Bonds or Alternatives we discussed which Equity factors may help with diversification and how we can leverage Avantis and Dimensional Funds to add tilts to his Golden Retriever Porfolio. We also discussed different tools to manage his multiple goals inluding BoW Portfolio Tracker, which allows Retirement planning and having an overall wealth overview including counterparty exposure, asset class breakdowns, and goals-based sub-portfolios, but prioritising privacy (Excel based solution).

 

Impact: More robust portfolio from a factor perspective, ability to leverage tools to model his goals and track his net worth. 

Arthur wanted to set up a portfolio for his Mum. Raph gave overview on how to think about asset allocation to live off the portfolio and leave inheritance to her kids. We discussed the pros/cons of dividend strategies for retirement portfolios. We also discussed which Bond ETFs are suitable and how to make the portfolio the most simple and efficient for her to understand. 

 

Impact: Arthur decided on asset allocation and understood how to extract cash flows from a retirement portfolio.

Nicole From The U.K. (Experienced)

Nicole has a financial advisor in the U.K. His charges are high, but the advisor gives her access to certain factor funds that are typically not available to individual investors, like Dimensional Fund Advisors. She also wants a better view on corporate bonds. Use the below toggles to get a feel of what Nicole achieved throughout the sessions.

Raph reviewed the portfolio and X-rayed the ‘Mutual Fund Salad’ that the advisor created from a factor and geographical perspective. He ran a couple of scenarios to show the detrimental effect of advisor’s fees over time. However, Raph recognised that having access to some Funds is beneficial and we discussed strategies to minimise advisory costs while keeping a portion of assets with the FA to keep access to factor ETFs that are typically not available in Europe. We discussed the pro/cons of factor risk premia vs certain costs of the FA. We also discussed how to move to DIY Investing and tools to use to monitor his portfolio. 

 

 

Impact: Potentially tens/hundreds of thousands saved given the size of his portfolio and time horizon, while providing understanding of factor exposures.

After reviewing follow-up materials from the first session, Nicole wanted to implement sustainability into her DIY portfolio. Nicole now understands factors, so we discussed ESG ratings, and why ESG under/out performs in the short to medium term. Raph gave insights into Green Bonds and why Sustainable Investing is different in the Fixed Income Markets. We also discussed how bonds react to changes in yields, and the 2x rule when holding Bond ETFs. Raph also introduced concepts like Option Adjusted Spread for Corporate Bonds and Convexity. Finally, we discussed the merits of iBonds.

 

 

Impact: Implementation of Sustainability while keeping high diversification. Nicole also set up a Bond Ladder for some of her goals.

HOW IT WORKS

⚠️ AVAILABILITY UPDATE: We have a couple of slots left in May and no availability in June. Slots for July are filling up quickly.

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What happens next?

Booking Form

👉 Read the Terms & Conditions – Please ensure you have read and agree to our coaching terms of service. 

👉 You proceed with booking – Proceed with the coaching request form and payment. For clients in the UK, we are required to additionally charge VAT.

👉 You fill out the Information Form – After payment, you be redirected to a form that will inform us of your needs and your questions.

👉 We schedule the session – We typically review your request within 3 working days. We will then contact you to arrange a coaching session at a convenient time and request any additional details, if needed, to prepare the agenda for the session.

👉 We agree on the agenda – For 1-hour sessions, we will circulate the agenda, typically, 24h to 48h before the session in case you want to modify any topics or reprioritise the questions.

What happens next?

👉 Read the Terms & Conditions – Please ensure you have read and agree to our coaching terms of service. 

👉 You proceed with booking – Proceed with the booking request form below and payment. For clients in the UK, we are required to additionally charge VAT.

👉 You fill out the Information Form – After payment, you be redirected to a form that will inform us of your needs and your questions.

👉 We schedule the session – We typically review your request within 3 working days. We will then contact you to arrange a coaching session at a convenient time and request any additional details, if needed, to prepare the agenda for the session.

👉 We agree on the agenda – For 1-hour sessions, we will circulate the agenda, typically, 24h to 48h before the session in case you want to modify any topics or reprioritise the questions.

BOOK NOW