| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Grove Gate Financial LLC | $41 |
-15.1%
|
Grove Gate Financial LLC may offer non-monetary perks in lieu of competitive base salaries. |
| Tourmalet Advisors LP | $49 |
+0.8%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Vang - NMLS 1532220 - New American Funding | $47 |
-3.3%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| Northwest Equity Holdings 40 LLC | $47 |
-1.9%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Financial Services Industry | $59 |
+21.3%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$41 / hour
Salary Range: $36 - $46
Fort Lauderdale, FL
$49 / hour
Salary Range: $43 - $55
Fairfield, CT
$47 / hour
Salary Range: $41 - $53
Edina, MN
$47 / hour
Salary Range: $41 - $54
Bremerton, WA
$41 / hour
Salary Range: $36 - $46
Naples, FL
$47 / hour
Salary Range: $41 - $53
Staten Island, NY
$51 / hour
Salary Range: $44 - $57
Huntington Beach, CA
$49 / hour
Salary Range: $43 - $56
Newark, NJ
$39 / hour
Salary Range: $34 - $44
Springfield, IL
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) | $1,800 - $2,700+ | A significant portion of Bailey Wealth Advisors salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $45 (Ride On pass, Metro extra) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $460 - $680 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $450 - $800+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $410 - $760+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,315 - $5,195+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Bailey Wealth Advisors pays its employees an average of $48 per hour. The average salary at Bailey Wealth Advisors range from $42 to $55 per hour. 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 Bailey Wealth Advisors is higher than the similar company. The average annual salary at Bailey Wealth Advisors is $100,174, or an hourly wage of $48, in comparison to Grove Gate Financial LLC which pays $85,091 per year or $41 per hour.
A Director, Operations at Bailey Wealth Advisors typically earns an average hourly base salary of around $85, with a general range of $81 to $88.
In many roles at Bailey Wealth 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.
Silver Spring's Cost of Living Index is approximately 128.7 (28.7% more expensive than US average; 13.9% more than MD average). This significantly impacts the purchasing power of a salary from Bailey Wealth Advisors based there. Our "Cost of Living Insights for Silver Spring" module details this impact, helping you assess the 'real feel' value of your compensation.
Bailey Wealth 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 Bailey Wealth Advisors" section on this page.
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