A LOT LESS THAN YOU MIGHT THINK

There is a right way and a wrong way to ask your firm for a Retention package, and the right way is how others at your firm have successfully obtained them. Asking directly for a Retention package will in no way put you off kilter with your firm. It is always a friendly discussion with aligned interests. Your firm is well aware of your value and Retention discussions are fundamentally about your staying at your firm producing revenue.

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The secret sauce is always going to the intersection of the quality of your business and how you are thought about at your firm. 

We have helped teams from every major firm on the Street obtain retention packages and get considerable paydays for just staying in their chairs. There is no firm too large or too small -- it makes no difference. You get what you negotiate, but teams of all sizes are capitalizing. Your firm does not want to lose you. Your Manager's personal bonus is dependent, in part, on you staying in your chair and contributing to his P&L. Retention is about using your quiet leverage in a straight out business negotiation in which interests are aligned. 

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