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Wealth Factory Review (2024 Update): Everything You Wanted To Know!

By: Joel & Josiah

Wealth Factory’s principal goal is to provide financial security to one million distinct business owners.

With that in mind, is it worthwhile to join Wealth Factory? Can you really reach financial stability with their assistance?

As with any financial education and advisory company, there are both pros and cons to weigh when deciding whether Wealth Factory is suitable for you.

In this review, we will explore the various features, benefits, and potential drawbacks of The Wealth Factory to help you make an informed decision.

Disclaimer:
This Wealth Factory review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.
Comprehensive financial education
Personalized coaching
Focus on wealth creation
Highly expensive
Limited focus on debt reduction
No guarantees

PROS

  • Comprehensive financial education
  • Personalized coaching
  • Focus on wealth creation

CONS

  • Highly expensive
  • Limited focus on debt reduction
  • No guarantees

Why Listen To Us?

My name is Josiah, and this is my Dad, Joel.

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online
  2. Straightforward-ness of the system to do it
  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

Contents

You probably discovered Wealth Factory for the same reason you might have come across any other financial newsletter, trading service, or investment program:

Because you want more money in less time.

And chances are, you want to quickly multiply the money you do have (as opposed to waiting months or even years to see a decent ROI).

This is a really exciting promise, and it’s probably why the financial publishing and training industry is worth billions of dollars.

The problem is, because the idea of doubling, tripling, or 10X-ing your money in a few minutes to a few days is so enticing, there are a ton of shady characters in this space.

But, putting that aside, let’s say every investing guru and “trading expert” on the internet had the best of intentions.

Even with proprietary algorithms, a room full of supercomputers, and a team of rocket scientists, most of these experts would be lucky to get it right 20% of the time.

Now sure, we’re talking about asymmetric bets here, so theoretically the winners should more than make up for the losers.

But in order to make that happen, you can NEVER miss a trade. With a 20% success rate (speaking optimistically), one missed winner could turn a profitable month into a loser.

That’s a lot of pressure and a lot of stress (not to mention a lot of losing) with not much certainty.

But what if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Constantly monitoring your phone for buy/sell alerts
  • Obsessively watching charts and movement
  • The emotional roller coaster and angst of hoping one winner can cover the last 8 losses
  • Gambler’s odds (20% chance of success is worse than the odds of winning at Blackjack)

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day monitoring charts, trades, and alerts?

TESTIMONIAL - STILL GETTING PAID

If that sounds like something you’d be interested in, check out Digital Leasing.

However, if you’d still like to know more about Wealth Factory, keep reading.

What Is Wealth Factory?

Wealth Factory is a financial education and coaching company founded by Garrett Gunderson. The company focuses on helping individuals and business owners increase their wealth and financial security by providing education, resources, and personalized coaching.

Wealth Factory offers various programs, including Capitalize, Wealth Builders Club, and Wealth Architecture, each tailored to specific financial goals and needs. The programs aim to provide clients with a comprehensive understanding of personal finance, tax strategies, investment strategies, and estate planning.

Overall, Wealth Factory is a resource for individuals and business owners seeking to improve their financial literacy and build long-term wealth. They also will teach you how to work with tools like Investor DNA to help you manage your investments and side hustles.

Who Is Garrett Gunderson?

wealth factory garrett gunderson

Garrett Gunderson, the founder of Wealth Factory, is a financial advisor, author, and speaker with over two decades of experience in the financial industry.

Garrett is the author of the New York Times bestselling book “Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity” and has been featured in various media outlets, including Forbes, CNBC, and The Wall Street Journal.

Pros And Cons Of The Wealth Factory

wealth factory pros cons

Pros:

  1. Comprehensive financial education: The Wealth Factory provides a comprehensive approach to financial education, covering topics such as tax planning, investing, wealth management, and estate planning.
  2. Personalized coaching: The company offers personalized coaching and guidance to help clients achieve their financial goals.
  3. Experienced founder: Garrett Gunderson, the founder of The Wealth Factory, has over two decades of experience in the financial industry and is a New York Times bestselling author.
  4. Focus on wealth creation: The company’s focus is on helping clients create and build wealth rather than just managing what they have.
  5. Diverse range of programs: The Wealth Factory offers various programs catering to different financial goals and needs.

Cons:

  1. Cost: The Wealth Factory’s programs can be costly, which may make them inaccessible to some individuals.
  2. Potential for conflicts of interest: The company may have a potential conflict of interest as it is also a financial advisory business.
  3. Not for everyone: The Wealth Factory’s programs may only be suitable for some, especially those who prefer a DIY approach to financial management.
  4. Limited focus on debt reduction: The company’s programs may focus more on wealth creation than debt reduction, which may not be ideal for those with high debt levels.
  5. No guarantees: Like any financial education and advisory company, The Wealth Factory cannot guarantee specific financial outcomes, and results may vary based on individual circumstances.

How Much Does It Cost To Join Wealth Factory?

Wealth Factory Cost

The cost of joining Wealth Factory by Garrett Gunderson varies depending on the program you choose and the level of coaching and support you require. The company offers several different programs, each with its own pricing structure.

  • Capitalize – a one-time payment of $49
  • Wealth Builders Club – $197/month

The Wealth Architect program, a one-year coaching program that covers foundational financial planning concepts, will cost more, and you need to apply to find out. I’m guessing the Wealth Accelerator program, a more advanced coaching program focusing on wealth-building strategies to achieve economic independence, would require a 5-digit investment.

In addition to these programs, The Wealth Factory also offers customized coaching and consulting services, which can be more expensive depending on what you need and what you need to achieve.

It’s important to note that these costs may not include additional fees, such as taxes or any other third-party expenses that may arise. Before enrolling in any program, it’s essential to review the pricing and terms carefully and consider your monthly cash flow and goals to determine if the cost is worth it.

Is Wealth Factory A Scam?

scam or legit scamrisk

So, is Wealth Factory a scam? Not technically. You can make money with it, but it’s definitely not as easy as Garrett Gunderson makes it sound.

Again, with any kind of financial product (especially trading), you’re taking on a lot of risk.

Sure, you could hit it big and retire in Italy, but chances are you need the stomach and financial cushion to weather tons of losses before you get there…and it may never happen.

Most of the big gains numbers these companies use in their marketing (“xyz grew by 4,112% in 3 months” or “this option made 324% in just 2 days”) are cherry-picked.

They don’t tell you about the 10 100% losers that came before.

In other words, if you invested $100 into 11 recommendations, you’d lose $1,000, and make back $324…so you’d still be out almost $700.

Most people don’t have the fortitude to stick it out through 3 straight months of losers in the hopes of landing one big winner.

What if, instead, you took those same 3 months, invested just a couple hours a day (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Leasing.

It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

Saying goodbye to our job

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.

Are There Alternatives To Wealth Factory?

alternatives scam legit scamrisk

Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:

What Is My Top Recommendation For Making Money Online In 2023?

Digital Real Estate

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.

Why?

1. It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.

TESTIMONIAL - JUMP ALL IN

2. You Own & Control EVERYTHING: With anything in the financial markets, you own and control NOTHING. You have no say in price fluctuations, demand, or what the market will do.

Trying to beat the market is fighting against the tide. There’s just too much working against you, no matter how many supercomputers or rocket scientists are on your side.

With Digital Leasing, you own the assets, which means you have all the power and all the control.

Feeling Blessed

3. Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.

TESTIMONIAL-SCOTT-LEAD-GEN

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

Lance Lead Gen

4. Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with any kind of trading or investing, you’d have to double your initial capital OR double the average order size of your existing trades. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

Done Deal

5. Make Money Helping Real People: This part is what makes it all worth it. In the financial markets, you might be helping your family, but the impact never goes beyond you and maybe a few others.

But with Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

Boss of My Own Future

Now, the choice is yours. You could continue browsing, looking at opportunities like Wealth Factory which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

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