BMS Financial Advisors Salary

As of September 2026, the average annual salary for employees at BMS Financial Advisors in the United States is $75,766. This translates to an approximate hourly wage of $36. Salaries at BMS Financial Advisors typically range from $66,454 to $85,857 annually, reflecting the diverse roles and experience levels within the company.

How Much Does BMS Financial Advisors Pay for Different Roles?

Explore detailed salary information for specific jobs at BMS Financial Advisors. Based on our data, the highest paying job is the Managing Principal, with an annual salary of $132,943. The table below outlines the annual salary ranges for most popular roles within the company.
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Is BMS Financial Advisors’s Pay Competitive? Salary Benchmarking Analysis

How does BMS Financial Advisors's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
IronBridge Private Wealth $87,316
+15.2%
Influenced by prevailing union wage agreements specific to IronBridge Private Wealth's sector.
Fundtru Inc $106,756
+40.9%
Supported by Fundtru Inc's high-margin contracts allowing higher overhead.
Rybinski Capital Inc $93,898
+23.9%
Reflects structural premiums typical of Rybinski Capital Inc's large-cap national operations.
Convergence Investments $78,319
+3.4%
Data suggests Convergence Investments's workforce skews heavily towards veteran, high-tenure roles.
Financial Services Industry $121,514
+60.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at BMS Financial Advisors

Considering a career at BMS Financial Advisors? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Ongoing learning opportunities and mentorship programs help employees develop professionally. Employee resource groups provide support and connection. Work-life balance initiatives, like remote options and mental health support, make a real difference. They provide guidance and support, helping me navigate challenges and grow professionally in finance. The benefits are attractive, offering healthc...
Initiatives promoting health and balance are common and appreciated by all staff. This financial services firm provides a formal, process-driven workplace with decent pay and benefits. Dual monitors are standard. Clear documentation and training make ramp-up manageable. The work-life balance is actively supported by management, who understand the importance of personal time for overall well-being ...
Management prioritizes meeting deadlines over team building. Respectful colleagues create a friendly atmosphere. Fertility benefits show understanding of modern needs.

BMS Financial Advisors Overview

Website
www.bmsadvisors.com
Founded In
2019
Employees
<25 employees
Industry
Financial Services
Headquarter Address
1508 Mountain View Rd Rapid City South Dakota SD 57702
Revenue
<$5 Million
Phone Number
+1 6053411555
Social Media
About BMS Financial Advisors
The firm was founded in 1998 by Hugh Boyle and Doug Maher. We began with just two employees - Hugh and Doug. Due to our continuing growth, we now employ five staff members to assist advisors. We not only provide financial guidance for individuals, we handle the retirement plans for more than 47 large and small businesses. We offer businesses investment advice on their business plans, 401ks, 403bs,

What Benefits Does BMS Financial Advisors Offer Beyond Salary?

A competitive compensation package is more than just a salary. BMS Financial Advisors offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Rapid City?

Understanding the cost of living near Rapid City is key to truly evaluating a salary offer or your current compensation at BMS Financial Advisors.
Rapid City's Cost of Living Index is approximately 94.7 (5.3% less expensive than US average; 1.6% more than SD average). Western SD city (Black Hills, Ellsworth AFB), housing near US avg. RapidRide. When planning your budget based on a salary from BMS Financial Advisors, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,500+ A significant portion of BMS Financial Advisors salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $25 (RapidRide monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $360 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,225 - $3,675+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of BMS Financial Advisors

1. What is the typical salary range (low to high) for most roles at BMS Financial Advisors?

The typical annual salary range for most roles at BMS Financial Advisors is approximately from $66,454 to $85,857. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does BMS Financial Advisors pay compared to IronBridge Private Wealth?

The average annual salary at BMS Financial Advisors is $75,766, or an hourly wage of $36, in comparison to IronBridge Private Wealth which pays $87,316 per year or $42 per hour.

3. Do salaries differ significantly between departments at BMS Financial Advisors?

Yes, salaries often differ between departments at BMS Financial Advisors due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at BMS Financial Advisors?

Experience level is a significant factor in determining salary at BMS Financial Advisors, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from BMS Financial Advisors in Rapid City is fair given the local cost of living?

To determine if a salary offer from BMS Financial Advisors in Rapid City is fair, first compare the gross salary to our data for similar roles at BMS Financial Advisors and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Rapid City" to understand its purchasing power.

6. What factors influence salary increases at BMS Financial Advisors?

Salary increases at BMS Financial Advisors are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.