| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| OTT Advisors LLC | $97,115 |
+15.4%
|
Supported by OTT Advisors LLC's high-margin contracts allowing higher overhead. |
| Global Trust Asset Management LLC | $85,312 |
+1.3%
|
Indicates identical technical requirements and experience levels between the two firms. |
| All-4-One | $91,915 |
+9.2%
|
Data suggests All-4-One's workforce skews heavily towards veteran, high-tenure roles. |
| Galo Medina Inc | $98,771 |
+17.3%
|
Reflects a supply-demand imbalance for the specific talent Galo Medina Inc targets. |
| Financial Services Industry | $121,514 |
+44.3%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$97,115 / year
Salary Range: $85,184 - $110,050
Locust Valley, NY
$85,312 / year
Salary Range: $74,829 - $96,673
West Palm Beach, FL
$91,915 / year
Salary Range: $80,621 - $104,148
Plymouth, MI
$98,771 / year
Salary Range: $86,641 - $111,928
Los Angeles, CA
$85,766 / year
Salary Range: $75,233 - $97,185
Stevens, PA
$100,079 / year
Salary Range: $87,787 - $113,403
Washington, DC
$109,805 / year
Salary Range: $96,309 - $124,427
San Francisco, CA
$80,196 / year
Salary Range: $70,339 - $90,869
Ocala, FL
$106,493 / year
Salary Range: $93,404 - $120,671
New York City, NY
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $900 - $1,400+ | A significant portion of Choice Wealth salary. Location choices impact this heavily. |
| Utilities (Basic) | $120 - $220 (Heating significant) | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (CAT monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $400 - $580 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $330 - $630+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $380 - $690+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,170 - $3,520+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Choice Wealth pays its employees an average of $84,184 per year. The average salary at Choice Wealth range from $73,840 to $95,393 per year. 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.
The salary at Choice Wealth is lesser than the similar company. The average annual salary at Choice Wealth is $84,184, or an hourly wage of $40, in comparison to OTT Advisors LLC which pays $97,115 per year or $47 per hour.
In many roles at Choice Wealth, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Bismarck's Cost of Living Index is approximately 93.5 (6.5% less expensive than US average; 2.1% less than ND average). This significantly impacts the purchasing power of a salary from Choice Wealth based there. Our "Cost of Living Insights for Bismarck" module details this impact, helping you assess the 'real feel' value of your compensation.
Choice Wealth generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Choice Wealth" section on this page.
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