Trials & Triumphs of Career Transition v. 29 - Friendly Independent Financial Coaching for CMS Candidates, like Sophie

 I’m sure we can all agree that 2025 has been especially challenging when it comes to cost of living expenses and economic uncertainties on a number of levels.

It is especially important to us at CMS, to ensure that all job search candidates who join our full-service outplacement programs have the option to work with our independent Certified Financial Professional (CFP) to help mitigate their personal stresses when it comes to money issues, especially during an uncertain time in their lives.

In addition to meaningful personalized coaching and strategic practical job search tools, financial counselling support acts as the 3^rd main pillar of our career transition programs and provides the opportunity for candidates like Sophie, to find peace of mind during a job search when money issues suddenly become top of mind.

Sophie started working with us this past year, a year as we are all aware, has been full of rising prices and economic uncertainty.  When Sophie joined our program, she had just left her job as a Quality Assurance Manager in an automotive parts manufacturer.  She was beyond worried about how she was going to make ends meet as the severance package from her employer wasn’t very generous considering her short tenure.  In addition, she and her partner had purchased a new home in 2023. When her position was eliminated, Sophie and her family were already struggling with costs associated with living on one income.

When she joined the CMS program, she was surprised to know that she had the opportunity to speak to an independent financial advisor, about any financial topic relative to her at the time.

She was relieved to be able to speak to a Certified Financial Professional (CFP®), who was a friendly and calm voice of reason.  Using her expertise and experience, she helped her to develop a practical plan to reduce her monthly expenses, while saving some money, by looking in detail at her current expenditures and the needs of her family during the period of her career transition.

All CFPs we work with at CMS are independent financial advisors not affiliated with a particular group, meaning that our job search candidates get impartial practical advice and never feel pressured to endorse a particular bank or financial institution.

Whether our candidates need advice regarding the management of their severances and related tax implications, how to manage their day-to-day finances, how best to capitalize on their investments or to simply act as a second opinion on current financial strategies, our CFP® Professionals provide personalized, friendly, and knowledgeable support to all CMS candidates enrolled in our full-service outplacement programs.

Providing financial counselling support to our candidates ensures a holistic program that is truly meaningful to the former employees you have entrusted us to support through their career transitions.