• Home
  • About
    • About Elevate CPA Group
    • Elevate Team
    • FAQs
  • Services
    • Fractional CFO
    • Annual Business Valuation
    • Cash Flow Planning and Projections
    • Compensation Planning
    • Industry Benchmarking
    • Managed Fee Calculation Review
    • Monthly Accounting and Tax Return Preparation
    • Personal Financial Statements
    • Tax Planning
    • Additional Services
  • Insights
  • Contact

Compensation Planning

Compensation Planning

One way to increase your RIA firm’s value is to retain your key employees. However, without a clearly defined compensation plan, this can be a tall order. This is where Elevate can help.

Should your firm engage in compensation planning?

Your firm’s compensation plan should be cost-effective as well as competitive. This requires careful thought and planning. As your strategic growth partner, Elevate can help you develop a compensation plan that attracts, motivates, and retains exceptional employees while aligning with your firm’s strategic plan.

What does compensation planning involve?

Your compensation plan should outline everything from your firm’s benefits packages to a formal path to ownership. But providing stock and equity options for your employees isn’t always as simple as it seems.

First, you must determine which type of compensation to offer. For example, will you provide a non-qualified compensation plan, stock ownership, or profit interests? If you don’t choose wisely, you could easily find yourself facing financial headaches and tax implications undermining the value of the plan to your key employees.

Elevate your firm’s value.

We work with you to ensure the options you choose don’t lead to tax surprises or compensation issues. We can help you structure your benefits, so they remain as you intended: beneficial.

Schedule your free consultation →

Chicago Office
9501 W. 171st Street, Suite H103
Tinley Park, IL 60487

Colorado Office
1470 Walnut Street, Suite 200
Boulder, CO 80302

  • LinkedIn
Elevate CPA Favicon

Contact Us Today

Take advantage of our expertise. Let’s talk about how we can help your firm grow. 

Copyright © 2021 · Enterprise Pro Theme on Genesis Framework · WordPress · Log in