Curious what everyone’s bonus structure for their admin staff is like this year? Obviously a crazy year and they came in almost every day among everything has happened and has done quality work. Do you base it off of growth at all? Percentage of salary? Doing anything outside of your norm for 2020?

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Posting as :
works at
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I have same thought.

I am giving my assistant all the expense budget that was not used this year (which will probably be 80%-90% of the total amount I set aside) and sharing 10% of the incentive award we are expecting to get based on our performance.

We don’t have much flexibility when it comes to support staff pay, but I did get my assistant a nice gift a couple of years ago after a strong year we had.

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Have been thinking the same thing and will definitely give a nice check.

Ten basis points on the Increase of AUM from Jan 1 to Dec 1... paid out Dec 15. Not my best year by a long shot but we're still up.

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