Avoid the Hidden Traps in Your Compensation Plan and Financial Planning as a Six-Figure Earner.
In episode 47 of The Right-Hand Roadmap, we sat down with Brenton Harrison, a Certified Financial Planner who specializes in helping first- and second-generation high-income earners. Brenton pulls back the curtain on the emotional baggage that often comes with financial success, and how easy it is to fall into the trap of compensation plans that sound good on paper but leave you over-leveraged, underpaid, or misinformed.
This episode is a must-listen if you’ve ever second-guessed your bonus structure, wondered whether equity is really worth it, or felt embarrassed not knowing what questions to ask about financial planning. Brenton’s insights will challenge how you think about money, and give you the tools to build a smarter, more sustainable financial future.
00:41 – Meet Brenton Harrison: Financial planner for first- and second-generation high earners02:25 – Why Brenton launched New Money, New Problems and the emotional baggage behind financial success05:40 – The blind spots of compensation plans for seconds-in-command07:55 – Why “you should be thankful” is a red flag in any compensation conversation10:32 – When commissions and bonuses are more about control than reward14:47 – How to recognize a toxic comp plan17:10 – Planning for income that fluctuates (like commission-based roles)21:18 – Should you accept equity? What questions to ask first25:00 – The “six-figure lifestyle” trap27:36 – How high earners can build a financial strategy that’s actually sustainable30:41 – Why your net worth matters more than your income32:19 – Tips for COOs navigating equity, risk, and career growth36:03 – When to hire a financial planner—and what to look for38:45 – Brenton’s advice for COOs in fast-growing companies Rate, review & follow on Apple Podcasts
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Links mentioned in the episode:
New Money, New Problems websiteBrenton D. Harrison’s Instagram New Money, New Problems PodcastSecond First MembershipSecond First One-on-One CoachingSecond First on InstagramSecond First on LinkedInMegan Long on LinkedIn