Senior Manager, New Partner Compensation Programs
About the role
Job Summary
Mercer Advisors is a leading wealth management platform on a mission to create the context where leading fiduciary professionals can do the best work of their careers. Our M&A and organic growth strategies have fueled 30%+ annual growth, and we’re committed to building the industry standard of integrated wealth management.
We partner with high-performing advisory firms to expand our geographic footprint, deepen our capabilities, and create long-term value for clients, partners, and employees. M&A is a core engine of our growth and value creation. Executing this strategy successfully requires intentional integration of the partner firm’s entire team. Compensation is a critical lever in that integration, directly influencing engagement, retention, and long-term alignment with the firm’s objectives.
The Sr. Manager, New Partner Compensation Programs is accountable for end-to-end compensation strategy, execution, and governance for acquired partner firms. This role sits at the intersection of Partner Development, People, Finance, and Legal, ensuring that compensation decisions made during transactions are intentional, well-understood, and executable over time.
Essential Job Functions for this role include:
Deal-Stage Compensation Diagnosis and Strategy
- Assess and diagnose current seller compensation plans.
- Partner with Partner Development, Finance, People, and Legal during diligence and deal structuring to design aligned compensation approaches.
- Model compensation scenarios and clearly articulate tradeoffs and considerations.
- Ensure compensation commitments made during negotiations are deliberate, documented, and operationally feasible post-close.
M&A Compensation Frameworks and Playbooks
- Own and maintain clear, scalable compensation frameworks for M&A, including standard models, transition approaches, and exception criteria.
- Define governance for bespoke arrangements, including tracking, sunset provisions.