McLagan has an extensive product line and consulting practice geared towards the needs of the investment banking business.

Our team of experts is available to advise clients on a broad spectrum of topics, including compensation plan design, business benchmarking and cost savings.

Our compensation surveys include salary, cash incentive and long-term awards for product specialist professionals (M&A, real estate, restructuring, private placements, etc.), as well as relationship management bankers across all major industries and sectors. Over 100 firms participate in our annual investment banking compensation benchmarking surveys globally.

We use detailed general ledger data to assess a firm’s competitive position across a broad array performance metrics covering investment banking products, including revenue, staffing, costs and capital.

Custom studies are conducted at various types of firms (e.g. global banks, regional broker/dealers, investment banking boutiques) providing data on clients’ incentive funding approaches, payout rates, allocation of awards, mix of pay, and utilization of long-term incentives.

For global, middle market, and boutique firms, our investment banking productivity study enables management to assess the investment banks’ overall efficiency. The resulting report compares a firm against its peer using  financial metrics such as revenue per banker, revenue per head, and compensation as a percentage of revenue. In addition, the report contains detailed benchmark statistics related to non-compensation costs, banker staffing ratios, as well as infrastructure support headcount. Because we are able to scale this information to company size and revenue, we help firms develop compensation, human capital and fiscal strategies which  foster company growth.

McLagan’s coverage is global, with offices in Stamford, Chicago, New York, London, Japan, Hong Kong, India, Shanghai and Dubai.