Optimize Your Reward Structure & Incentivize Performance
HR Solutions for Financial Services Professionals
Your people are the force driving your firm’s success. They are also the key to the success of any long-term succession or growth strategy. As a supporting element to our M&A work, SRG provides key HR solutions to help you navigate team development, best practices and ensure that your business is protected, including help you create best-in-class compensation plans for your advisors.
Our compensation research and models are specifically crafted for the financial services industry and contain uniquely effective strategies that will help your firm remain competitive, attract new talent, and sustain its enterprise value (unlike many historical revenue-based compensation plans).
Service at a Glance
Our compensation design service is built around SRG’s proprietary team-focused models, which we call the B.B.P. (Base, Bonus, Profits) system, refined through work with top-performing advisory firms. The baseline framework is then leveraged with the guidance of our experts to tailor and weight each section of the model based on the role and incentives. We help you implement and personalize the model to fit your team, using national and regional compensation data to ensure it is in line with current industry trends. Most importantly, when adopting a new compensation plan, our team will leverage historical data to conduct rigorous back-testing, allowing us to calibrate the model to your firm’s historical standards.
The result: a balanced structure of individual and team incentives designed to drive performance, retain talent, and support long-term growth.
We offer three service packages based on your needs. At a minimum, all of our compensation design services include:
- A dedicated team of experts working with you from start to finish
- A detailed Compensation and Staffing Study specific to your business and location – this report draws on thousands of data points from our valuation database, ensuring you have the most accurate and timely information
- Industry-specific worksheets & models that are personalized for your team
- Educational industry resources
Depending on your tier of service, we should have your new compensation plan ready to be implemented within 45 to 90 days following receipt of complete information. We have three milestones we’ll work through at your pace:
- Compensation research
- Compensation plan design
- Back testing
Fill out our contact form, call us, or schedule a call.
Explore a Sample Compensation Research Report
This interactive sample gives you a firsthand look at how SRG blends a robust pool of valuation data with industry benchmarking to build practical, competitive compensation models. Use it to understand how we craft role-specific, regionally calibrated insights—so your team is motivated, your compensation is strategic, and your growth is sustainable.
A Real-World Look at Personalized Advisor Compensation
This example illustrates how SRG’s proprietary B.B.P. model (Base, Bonus, Profit) comes to life—tying together role clarity, performance metrics, and structured incentives. Built from industry benchmarking and real advisor roles, this plan demonstrates how we help firms align compensation with results, retain talent, and build toward enterprise value.
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Thank you for all your help. It’s nice to be able to step forward with confidence knowing that we have thought this through well and we have a fair offering to anyone that we employ and a clear career track to move forward.
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Ready to Start?
Kickstart your compensation design journey with Succession Resource Group. If there are no convenient time slots, please fill out this contact form or call us directly at (503) 427-9910. Our team will be in touch with you at our earliest convenience.
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$2,000
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$8,000
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Frequently Asked Questions
Compensation design and compensation plans are about creating a reward structure for your key contributors. Our compensation design service is designed to provide you with a customized compensation plan/strategy/model to attract and retain industry talent. Our field-tested compensation models help to ensure your compensation strategies align with your team and roles, and will allow you to grow the business profitably.
Our compensation design service is for owners who have one or more employees that are client facing and that you want to incentivize certain behaviors. SRG’s models are designed to work with W-2 advisors in a service capacity and/or business development role, 1099 affiliates, as well as executives.
The business owner and /or key operations management staff should engage in the employment agreement service.
We discourage you from including staff members on these calls, at least initially. We want to be able to have open and honest conversations about your team members, incentives, and balancing their interests with those of the company.
We request you complete a questionnaire and provide any/all relevant documentation on your current compensation structure. As you progress, our team will also seek historical figures for your team so we can perform the back testing and further refine your model.
We are happy to discuss your current equity sharing strategy(s) as consideration for overall compensation, or many times, SRG will help create a profit-sharing bonus pool to incentivize employees to think and act more like owners. However, if you need to create an equity sharing plan from scratch for your employees, this would fall under our Equity Sharing Plan service.
This varies based on the resources you receive and is subjective as an employer. Best practice would be to review compensation for your team annually to ensure it continues to meet your desired outcome(s). We offer an annual compensation and staffing research service, which we would recommend building into your overall annual compensation review process. But, if the models are set up correctly with our team, the plan should require very little maintenance from one year to the next.
Julia Sexton, CVA, Director of Strategic Organizational Planning
Courtney Sobkow, Project Coordinator
Additional Resources
Explore more below for resources specific to Employment Agreements – and if you’re looking for even more guidance, visit our full Resource Library.
