Senior Manager, New Partner Compensation Programs

🕒 May 1

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Mercer Advisors

WebsiteLinkedInAll Job Openings

501 - 1000 employees

Founded 1985

💳 Fintech

💸 Finance

👥 B2C

Fintech • Finance • B2C

Mercer Advisors is a comprehensive financial advisory firm that focuses on simplifying and amplifying clients' financial lives. They offer a family office-style service, providing a unified team of financial planners, investors, accountants, and estate specialists who tailor financial plans to individual needs. With over 40 years of experience, the firm emphasizes personalized, fiduciary-focused service without compromising on institutional-grade portfolio management, making it accessible for families and individuals seeking to enhance their financial future.

📋 Description

• 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. • 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, and conversion to standard plans. • Create repeatable playbooks, tools, and documentation used by deal teams, People Partners, Rewards, and Finance. • Develop clear education materials for incoming partners explaining Mercer’s compensation philosophy, programs, and what to expect over time. • Translate specific compensation commitments into Mercer’s compensation cycle. • Manage phased transitions, including multi-year or multi-cycle transitions. • Ensure accuracy and alignment across Compensation, Legal and Finance. • Act as the escalation owner for M&A compensation issues post-close. • Maintain a centralized, living repository of all M&A compensation commitments. • Serve as the single source of truth for historical M&A compensation decisions. • Build and maintain deep industry expertise in wealth management compensation practices, including advisor, partner, and leadership pay models. • Interact directly with sellers, acting as a credible, trusted partner. • Represent Mercer’s culture of collaboration, professionalism, and long-term partnership in all seller interactions. • Partner seamlessly internally, presenting a unified and collaborative front to sellers.

🎯 Requirements

• Strong business acumen paired with compensation expertise. • Strong financial modeling and analytical skills. • Comfort operating in ambiguity and making tradeoffs. • High emotional intelligence and strong executive presence. Able to build trust and credibility with senior stakeholders in high-stakes situations. • Ability to explain complex topics clearly and simply. • Experience in M&A or Corporate Development environments. • Financial Services or Wealth Management experience preferred.

🏖️ Benefits

• Company Paid Basic Life & AD&D Insurance • Company Paid Short-Term and Long-Term Disability Insurance • Supplemental Life & AD&D; Short-Term Disability; Accident; Critical Illness; and Hospital Indemnity Insurance • Three Cigna medical plans offerings including two High Deductible Health Plans and a Traditional Co-Pay medical plan. • Kaiser Medical plans available in California • Health Savings Account (HSA) with company contributions if enrolled in either HDHP medical plan. • Two comprehensive Dental Plans • Vision Insurance Plan • Dependent Care Savings Account for child and dependent care. • 14 Company Paid Holidays including a full week off at Thanksgiving. • Generous paid time off program for vacation and sick days • Employee Assistance Plan • Family Medical Leave • Paid Parental Leave (8 weeks) • Maternity benefits utilizing company paid STD, any supplemental STD, plus Parental Leave (8 weeks) to provide time for recovery, baby bonding, and enjoying your family time. • Adoption Assistance Reimbursement Program • Company Paid Concierge Services for you and your loved ones for the spectrum of caring needs for your aging parents, young children, life’s challenges and more. • 401(k) Retirement Plan with both Traditional and Roth plans with per pay period match as well as an after-tax option • Pet Insurance • Personalized financial planning and guidance from Mercer Advisors professionals, offered at preferred employee pricing