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 21, 2024

Knowing When and How to Modify Your Long-Term Incentives

Cincinnati, OH

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…
  • Susan Schroeder
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Jun 06, 2024

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,…
  • Daniel Laddin

Jun 06, 2024

Striking the Right Balance: Discretion in Incentive Plans – Taboo or a Must?

Boston, MA

Discretion is often considered taboo in the executive compensation world. Compensation committees that use discretion in determining incentive payouts risk receiving criticism from investors…
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