Partner Eric Hosken was quoted in Financial Advisor IQ discussing CEO pay at IBDs (investment banking divisions), RIAs (registered investment advisors), and bank-tied wealth managers. In the article, Eric discusses that many leaders of independent broker-dealers in 2023 saw pay bumps in line with their companies’ stock performance, while bank-tied wealth managers largely reported declines in total compensation for their CEOs.

Partner Eric Hosken explains that the diversity and inclusion metrics factored into CEOs’ 2020 compensation at large banks remain relatively opaque. He notes that the banks currently disclose qualitative measurements and will likely face more pressure from external groups to link their rates of progress to CEO pay once hard numbers are disclosed.

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May 17, 2024

Best Practices for Board Compensation

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The newly updated results from our renowned and comprehensive Private Company Board Compensation survey, featuring data from more than 1,500 private and family-owned firms,…
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Knowing When and How to Modify Your Long-Term Incentives

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Effective, tailored incentive plans are critical to motivating employees and ensuring alignment with shareholder interests. High-performing organizations design long-term programs that complement the company's…
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Where SEC Rule-Making, Shareholder Reporting, and Plan Design Collide

Boston, MA

The SEC has issued a flurry of new rules covering insider trading, clawbacks, proxy reporting, and more. These rules have plan design implications and,…
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