Patrick Traverse

Personal Finance, Investing, Lifestage Based Planning
“Patrick Traverse is a financial planner and investment manager. He founded MoneyCoach to be the firm he wished he hired as an investor when he played professional hockey. Patrick was awarded one of the Top 100 Most Influential Advisor by Investopedia.”


Job Title:



Patrick Traverse, founder of MoneyCoach, decided to get into financial services after an 18-year professional hockey career. His journey to his new career started as a young investor during his early twenties as he became frustrated with the type of help he was getting from his advisors. He felt compelled to learn on his own about everything he needed to know to make proper financial decisions. His new passion for the intricacies of the markets and personal finance pushed him to choose financial planning as a second career.

Patrick and his team know that clients are busy with their life and sometimes feel they don’t have the time to get to learn everything they need to know. Patrick thinks it is important that he advises his clients on every facet of their financial life. He feels that every piece plays hand in hand with each other and if an area of their finances is neglected, it could mean that their whole life plan could come down crashing.

After more than 4 years in the business, Patrick founded MoneyCoach in 2016. He uses his experience as a top-level athlete to help his clients become financially successful. He feels that the most important missing component that most investors do not have is accountability. By being their financial coach, Patrick guides his clients to control their money. Not that money is everything, but so much of our lives depends on how we manage money!


Organizational Leadership, Quinnipiac University

Assets Under Management:

$10 million

Fee Structure:


CRD Number:



MoneyCoach LLC and/or Patrick Traverse offer Investment advisory and financial planning services through Belpointe Asset Management, LLC, 125 Greenwich Avenue, Greenwich, CT 06830 (“Belpointe), an investment adviser registered with the Securities and Exchange Commission (“SEC”). Registration with the SEC should not be construed to imply that the SEC has approved or endorsed qualifications or the services Belpointe Asset Management offers, or that or its personnel possess a particular level of skill, expertise or training. Insurance products are offered through Belpointe Insurance, LLC and Belpointe Specialty Insurance, LLC. MoneyCoach LLC is not affiliated with Belpointe Asset Management, LLC. Additional information about Belpointe Asset Management is available on the SEC’s website at

  • Patrick Traverse Investopedia Interview
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2 weeks ago
    Investing, Personal Finance
November 2017
    Personal Finance
September 2017
    Personal Finance
November 2017
    Personal Finance, Financial Planning
November 2017
    Retirement Savings, Retirement Plans, Retirement, Taxes

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    Mutual Funds
Can I use my mutual funds as a savings account?
68% of people found this answer helpful

Great question! The answer is once you put together your emergency fund, you should invest your other savings. Here's something to think about: The markets are volatile in the short-term (0-3 years) but over the long-term they tend to go up. Therefore, because your goal for your money is considered short-term, you should be careful in the amount of risk you are taking. You do not want to face a drop in the market when you need the money! Here's how I would aproach it:

1) Anything you need within a year, invest in a cash like investment. (Money Market, Savings, Checking)

2) Anything you will need within 1-3 years, invest in a conservative investment. (CD ladder, short-term bonds, ...)

3) Anything you will need within 4-7 years, invest in a moderate risk investment. 

4) Anything longer term, you would be able to take more risk for possibly more growth.

Find out exactly what your goals are for this money and invest your buckets accordingly.

I hope this helps.


October 2017
    Investing, Asset Allocation, Stocks
What does the P/E ratio tell you about the value of a security?
67% of people found this answer helpful
August 2017
How does a Roth IRA grow over time?
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August 2017
    Debt, 401(k)
How do I get out of credit card debt and am I on the right track financially?
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August 2017
    College Tuition, Financial Planning, Life Insurance
Should I convert my 529 Plan into a whole life insurance policy?
67% of people found this answer helpful
July 2017