The (EXPENSIVE) Hidden Truth about Financial Advisors-- even Fiduciaries with Tess Waresmith

The Money Bare

We've talked about the shady side of financial advising. Still, as you've heard on The Money Bare podcast-- if you're going to work with a financial advisor, we always recommend working with a fiduciary who is a Certified Financial Planner. But what happens when your fiduciary professional doesn't have your best interests in mind or, at the very least, doesn't know better? Unfortunately, that happened to Tess Waresmith, and she explains how she recovered in this week's episode.
Tess is the founder of Wealth with Tess, a financial education platform helping women professionals and entrepreneurs build their wealth and confidence using simple investing strategies that anyone can do (even if they are short on time or a total beginner.)
After making many mistakes, Tess became committed to learning how to invest successfully on her own. She had one big realization - investing is not nearly as complicated as it's made out to be.
Now Tess has over 10+ years of investing experience in the stock market, real estate, and businesses, and has grown her net worth by $500,000 over the last 4 years using simple investing strategies. She also currently serves as the VP of Operations at a global marketing agency and over the last 7 years has been promoted 7 times and 4x’d her salary.
Tess believes that the most important things that money can buy are time, freedom, flexibility, and a greater ability to make an impact and she wants that for every single person.

Follow Tess on Instagram - @wealthwithtess
Follow Tess on Tik tok - @wealthwithtess
Free Investing Workshop - How to Build Wealth The Simple Way Join my next free workshop to learn how to invest in the stock market using an effective, low-maintenance strategy, perfect for busy professionals and entrepreneurs short on time or beginners.
Financial Independence Checklist - If you want to ensure you have enough money to retire but aren't sure where to start or don't know if you are behind financially, this is the checklist for you:
https://www.moneyconfidentcoach.com/financialindependencechecklist
Twenty-six need-to-know investing terms - Grab this guide to start demystifying financial jargon while you are on your financial journey.
Related Episodes:
Quick Money Tip #9: How I Increased my Net Worth by $300k in 5 Years
$1 million mistake?! Talking to My Sister About Our Biggest Money Mistakes

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