SoFi Coach is a new coaching tool included with SoFi Plus.
This new launch could deepen the relationship SoFi has with customers.
SoFi (NASDAQ: SOFI) announced a new product called SoFi Coach this week that could move the company into the financial advisor role for customers, helping them budget and lower costs by optimizing finances. This will create more products and could also upend the economics of the financial advisor business that's prevalent today. For SoFi, it's a tailwind that could drive the company forward for many years to come.
*Stock prices used were end-of-day prices of June 4, 2026. The video was published on June 4, 2026.
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Travis Hoium has positions in Robinhood Markets and SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.