How Does Your Advisor Get Paid? With Tom Hamilton (Ep. 59)

How Does Your Advisor Get Paid? With Tom Hamilton (Ep. 59)

Has your financial advisor ever shared with you how they get paid? Have you ever asked?

Whether you have or haven’t, we are here to answer that question.

In this episode, David Pulcini invites the financial advisor legend of Rochester, Tom Hamilton of Hamilton Wealth Management, to the podcast to share his wisdom about the industry. We discuss the difference between fee-based and commission-based businesses.

David and Tom discuss: 

  • The difference between advisory and brokerage
  • How advisors earn commission 
  • Why commission can cause a Conflict of Interest
  • And more

 Book Time with David Pulcini:

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Connect with Tom Hamilton: 

About our Guest:

Tom Hamilton is a bit unique in the world of financial advisors in that he’s an engineer, having earned his Bachelor’s degree in Mechanical Engineering from RIT in 1988. 

After college, Tom spent years in the industry, working in various capacities as an engineer providing services to manufacturing companies in NY State and nationally. Having worked in the “real world” gives him a keen understanding of the effort, hard work and industriousness required to become successful in business and an appreciation for protecting what we earn. This background is what Tom brought with him when he switched careers, becoming a Financial Advisor in 1996.

Now, with 24 years of experience as a financial advisor and a background in engineering, Mr. Hamilton has a passion for working with his clients to find real solutions to their financial concerns.  He knows that each client’s situation is unique and believes in listening to their needs and working to provide solutions. As an independent financial advisor, he is free from the sales quotas, contests and top-down sales approach that have plagued the financial services industry.  Rather than employ clever sales techniques, instead, Mr. Hamilton strives to win his client’s trust through well-thought-out financial and investment plans and includes the client every step of the way.

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