A grip assembly for an archery bow including an incrementally adjustable hand grip that can accommodate several customizable wrist positions for one or more archers without the use of separate attachments. The grip assembly includes a grip bed heel and a grip plate. The angle of the grip bed heel may be selectively adjusted relative to the riser by pivoting the grip bed heel. The grip plate may include an upper portion adapted to be coupled to the riser, a lower portion adapted to be coupled to the grip bed heel, and at least one flexible intermediate portion. The grip assembly can further include an adjustment mechanism for setting the angle of the grip bed heel and a securing mechanism for securing the grip bed heel in a desired angular position. The grip assembly can further include a biasing member applying a rotational counteracting force to the grip bed heel.