First Trust Direct Indexing LP Salary

As of October 2026, the average annual salary for employees at First Trust Direct Indexing LP in the United States is $98,339. This translates to an approximate hourly wage of $47. Salaries at First Trust Direct Indexing LP typically range from $86,256 to $111,440 annually, reflecting the diverse roles and experience levels within the company.

How Much Does First Trust Direct Indexing LP Pay for Different Roles?

Explore detailed salary information for specific jobs at First Trust Direct Indexing LP. Based on our data, the highest paying job is the Chief Operating Officer, with an annual salary of $444,071. The table below outlines the annual salary ranges for most popular roles within the company.
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Is First Trust Direct Indexing LP’s Pay Competitive? Salary Benchmarking Analysis

How does First Trust Direct Indexing LP'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
Norcom Direct $94,151
-4.3%
Reflects market rates for standard general contracting, differing from specialized roles.
International Trade Finance Ltd $94,436
-4.0%
International Trade Finance Ltd focuses strategically on recruiting and training entry-level apprentices.
Do the Right Thing $87,158
-11.4%
Do the Right Thing may offer non-monetary perks in lieu of competitive base salaries.
Fathers & Families $98,729
+0.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Financial Services Industry $121,514
+23.6%
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 First Trust Direct Indexing LP

Considering a career at First Trust Direct Indexing LP? 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.
I’m constantly learning and proud to be part of such a trusted institution. These unsung heroes make daily operations seamless. Colleagues are smart and helpful. It’s an energizing, supportive atmosphere for professionals looking to expand their skill set. Work here is consistent, and hours are respected.
I’ve grown professionally here and feel consistently encouraged to contribute ideas and lead projects. This respectful approach minimizes disruption during transitions. Fast-paced, but rewarding environment. Newsletters highlight meaningful updates. It’s rewarding to work where competence, transparency, and support go hand-in-hand. There’s an impressive balance of challenge and support.
The job is consistent and moderately challenging. Employees seeking stability and a clear framework will find this workplace suitable, but it can appeal to those wanting a fast-moving, entrepreneurial atmosphere. However, some systems feel archaic, and the company can be resistant to process improvements suggested by employees. It’s inspiring to work for a financial institution that truly walks th...

First Trust Direct Indexing LP Overview

Website
www.ftdirectindexing.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Financial Services
Headquarter Address
33 Arch St Boston Massachusetts MA 02110
Revenue
<$5 Million
Phone Number
+1 8668489727
Social Media
About First Trust Direct Indexing LP
Founded in 2018, First Trust Direct Indexing (formerly Veriti Management LLC) is an investment adviser registered with the U.S. Securities and Exchange Commission. First Trust Direct Indexings technology offers institutional investors and wealth advisors the ability to personalize investment strategies to align with the values of contemporary investors as well as the potential to capture substanti

What Benefits Does First Trust Direct Indexing LP Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Trust Direct Indexing LP 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 Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at First Trust Direct Indexing LP.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from First Trust Direct Indexing LP, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of First Trust Direct Indexing LP salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Trust Direct Indexing LP

1. How much does First Trust Direct Indexing LP in the United States pay?

First Trust Direct Indexing LP pays its employees an average of $98,339 per year. The average salary at First Trust Direct Indexing LP range from $86,256 to $111,440 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.

2. Do First Trust Direct Indexing LP employees get a higher salary than its peer company?

The salary at First Trust Direct Indexing LP is higher than its peer company. The average annual salary at First Trust Direct Indexing LP is $98,339, or an hourly wage of $47, in comparison to Norcom Direct which pays $94,151 per year or $45 per hour.

3. What are the highest paying jobs at First Trust Direct Indexing LP?

The higher-paying job at First Trust Direct Indexing LP, according to our data, include Chief Operating Officer (avg. $444,071 per year), Portfolio Manager (avg. $106,146 per year), and Investment Associate (avg. $89,598 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at First Trust Direct Indexing LP?

Salary progression with years of experience at First Trust Direct Indexing LP is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at First Trust Direct Indexing LP vary by office location?

Yes, it's very likely that salaries at First Trust Direct Indexing LP vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Boston section provides more context.

6. Does First Trust Direct Indexing LP offer good benefits?

First Trust Direct Indexing LP typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at First Trust Direct Indexing LP" section on this page.