First Income Advisors Salary

First Income Advisors pays its employees an average of $85,301 per year. The average salary at First Income Advisors range from $74,810 to $96,808 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 First Income Advisors is lesser than the similar company. The average annual salary at First Income Advisors is $85,301, or an hourly wage of $41, in comparison to FAMILY ENDOWMENT PARTNERS, LP which pays $88,822 per year or $43 per hour.

In many roles at First Income Advisors, 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.

Eden Prairie's Cost of Living Index is approximately 115.3 (15.3% more expensive than US average; 18.7% more than MN average). This significantly impacts the purchasing power of a salary from First Income Advisors based there. Our "Cost of Living Insights for Eden Prairie" module details this impact, helping you assess the 'real feel' value of your compensation.

First Income Advisors 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 First Income Advisors" section on this page.