Covenant Wealth Advisors Salary
How Much Does Covenant Wealth Advisors Pay for Different Roles?
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Current Job Openings at Covenant Wealth Advisors
Is Covenant Wealth Advisors’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Oxbow Advisors LLC | $87,211 |
+3.1%
|
Reflects a supply-demand imbalance for the specific talent Oxbow Advisors LLC targets. |
| Dominion Energy Credit Union | $92,232 |
+9.0%
|
Influenced by prevailing union wage agreements specific to Dominion Energy Credit Union's sector. |
| Unilink International | $86,747 |
+2.6%
|
Confirms Unilink International is a direct competitor vying for the exact same talent pool. |
| Red Bank Design Center | $101,292 |
+19.8%
|
Reflects structural premiums typical of Red Bank Design Center's large-cap national operations. |
| Financial Services Industry | $121,514 |
+43.7%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Covenant Wealth Advisors's Salaries Compare to Similar Companies?
Oxbow Advisors LLC
$87,211 / year
Salary Range: $76,488 - $98,819
Austin, TX
Dominion Energy Credit Union
$92,232 / year
Salary Range: $80,877 - $104,563
Richmond, VA
Unilink International
$86,747 / year
Salary Range: $76,094 - $98,295
Miami, FL
Red Bank Design Center
$101,292 / year
Salary Range: $88,850 - $114,781
Red Bank, NJ
SeroVita Holding Corp
$90,354 / year
Salary Range: $79,246 - $102,380
Denver, CO
PEC Global Inc
$100,807 / year
Salary Range: $88,428 - $114,232
Lakewood, CA
Midland Capital Holdings Corp dba Midland Federal Savings and Loan Association
$96,250 / year
Salary Range: $84,405 - $109,111
Bridgeview, IL
Orchard Coast Holdings
$103,824 / year
Salary Range: $91,021 - $117,744
Orange, CA
Coast Walk Holdings LLC
$118,739 / year
Salary Range: $104,098 - $134,657
Los Altos, CA
Employee Reviews: Working at Covenant Wealth Advisors
Covenant Wealth Advisors Overview
What Benefits Does Covenant Wealth Advisors Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Richmond?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,100 - $1,600+ | A significant portion of Covenant Wealth Advisors salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $220 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $60 (GRTC 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 | $380 - $700+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $690+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,440 - $3,790+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Covenant Wealth Advisors
1. What is the typical salary range (low to high) for most roles at Covenant Wealth Advisors?
The typical annual salary range for most roles at Covenant Wealth Advisors is approximately from $74,197 to $95,844. 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 Covenant Wealth Advisors pay compared to Oxbow Advisors LLC?
The average annual salary at Covenant Wealth Advisors is $84,584, or an hourly wage of $41, in comparison to Oxbow Advisors LLC which pays $87,211 per year or $42 per hour.
3. Do salaries differ significantly between departments at Covenant Wealth Advisors?
Yes, salaries often differ between departments at Covenant Wealth 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 Covenant Wealth Advisors?
Experience level is a significant factor in determining salary at Covenant Wealth 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 Covenant Wealth Advisors in Richmond is fair given the local cost of living?
To determine if a salary offer from Covenant Wealth Advisors in Richmond is fair, first compare the gross salary to our data for similar roles at Covenant Wealth Advisors and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Richmond" to understand its purchasing power.
6. Why might an individual's actual salary at Covenant Wealth Advisors differ from the ranges shown here?
An individual's actual salary at Covenant Wealth Advisors can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.
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