Teresa J.W. Bailey, a CFP and CDFA, is the president and senior wealth strategist at Waddell & Associates. She has over 17 years of experience in the finance industry and is known for enriching her clients’ financial world and innovating her firm’s ability to respond to a changing marketplace. Teresa is a passionate advocate for women entering the financial planning field and has been recognized for her work, including being named a Spring 2023 awardee of the Exceptional Women’s Alliance. She is also the founder of Wealth of a Woman, a platform for educating women about money and helping them overcome shame and barriers to financial knowledge. In this conversation, we discuss the challenges faced by Certified Divorce Financial Analysts (CDFAs) and the importance of having a CDFA during the divorce process. We also touch on the concept of centers of influence (COIs) and how having female practitioners as COIs can make conversations easier.

00:00 Introduction and Background of Teresa J.W. Bailey

03:00 Entering the Finance Industry and Overcoming Challenges

05:22 The Importance of Operations in Building a Business

08:16 Advocacy for Women in Leadership Roles

12:55 Creating Content for Women’s Financial Education

20:06 Becoming a Certified Divorce Financial Analyst

21:23 The Role of CDFAs in the Divorce Process

22:17 The Importance of Centers of Influence in Divorce Conversations

23:54 The Impact of Coverture Law on Women’s Financial Rights

31:52 The Need for Better Estate Planning

Go to thewealthofawoman.com where you can learn a bit about Teresa’s project and sign up to receive updates from her.