First American Funds Inc Salary

As of August 2026, the average hourly salary for employees at First American Funds Inc in the United States is $46. This translates to an approximate annual wage of $95,470. Salaries at First American Funds Inc typically range from $40 to $52 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does First American Funds Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at First American Funds Inc. Based on our data, the highest paying job is the Chief Executive Officer, with an hourly wage of $355. The table below outlines the hourly wage ranges for most popular roles within the company.
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Current Job Openings at First American Funds Inc

Ready for your next career move? Explore current job openings at First American Funds Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is First American Funds Inc’s Pay Competitive? Salary Benchmarking Analysis

How does First American Funds Inc'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
US Bancorp Fund Services LLC $45
-1.9%
Confirms US Bancorp Fund Services LLC is a direct competitor vying for the exact same talent pool.
National Equities Group LLC $47
+1.7%
Indicates identical technical requirements and experience levels between the two firms.
Macquarie Global Infrastructure Total Return Fund Inc $55
+18.8%
Data suggests Macquarie Global Infrastructure Total Return Fund Inc's workforce skews heavily towards veteran, high-tenure roles.
Salient Partners LP $57
+23.4%
Reflects a supply-demand imbalance for the specific talent Salient Partners LP targets.
Financial Services Industry $59
+27.3%
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 American Funds Inc

Considering a career at First American Funds Inc? 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.
There’s a healthy balance between independence and teamwork. Career growth is possible but based on tenure rather than merit. The company empowers you to own your work while offering support where needed. Career advancement opportunities are present but may require patience and consistent performance.
This unwavering focus provides a clear sense of purpose and makes the work deeply satisfying, knowing we're making a real difference in their financial well-being. Conference attendance is encouraged. Frontline ideas receive serious consideration. I feel valued, heard, and consistently challenged to grow.
That makes a big difference day to day. Training is provided but can meet all career development needs. The employees, the scale of impact is immense, yet the culture remains people-focused. The company balances innovation and risk with care, which I greatly respect. Challenging projects with great learning potential.
Opportunities to learn and lead. Training consistency varies between departments. My manager has helped me develop a clear plan for advancement. The overall work atmosphere is fast-paced yet respectful, and coworkers genuinely care about each other’s success and wellbeing. It’s a solid company for those who value structure over flexibility or dynamic projects. Fast-paced environment with rewarding...
Benefits, including health insurance and stock options, are excellent. Job offers stability over excitement. The culture is professional but lacks warmth. The technology stack is cutting-edge, enabling us to deliver superior client solutions. Positive team energy and clear communication make this a productive environment.

First American Funds Inc Overview

Website
www.firstamericanfunds.com
Founded In
1993
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
615 E Michigan St Milwaukee Wisconsin WI 53202
Revenue
$10 Million - $50 Million
Phone Number
+1 6123033738
Social Media
About First American Funds Inc
First American Funds focuses on money market funds, offering taxable and tax-free money market funds in multiple share classes to meet the needs of our shareholders.

What Benefits Does First American Funds Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. First American Funds Inc 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 Milwaukee?

Understanding the cost of living near Milwaukee is key to truly evaluating a salary offer or your current compensation at First American Funds Inc.
Milwaukee's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 9.4% less than WI average). Largest WI city, Lake Michigan, affordable housing. MCTS bus, The Hop streetcar (free). When planning your budget based on a salary from First American Funds Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of First American Funds Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $72 (MCTS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 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) $2,292 - $3,582+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First American Funds Inc

1. What is the estimated average total compensation at First American Funds Inc?

Salary.com estimates that the average total compensation package at First American Funds Inc, which can include base salary, potential bonuses, and benefits, is around $46 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does First American Funds Inc pay compared to US Bancorp Fund Services LLC?

The average annual salary at First American Funds Inc is $95,470, or an hourly wage of $46, in comparison to US Bancorp Fund Services LLC which pays $93,635 per year or $45 per hour.

3. Do salaries differ significantly between departments at First American Funds Inc?

Yes, salaries often differ between departments at First American Funds Inc 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at First American Funds Inc?

Salary progression from an entry-level to a senior role at First American Funds Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from First American Funds Inc in Milwaukee is fair given the local cost of living?

To determine if a salary offer from First American Funds Inc in Milwaukee is fair, first compare the gross salary to our data for similar roles at First American Funds Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Milwaukee" to understand its purchasing power.

6. Are promotions at First American Funds Inc usually accompanied by a significant salary increase?

Yes, promotions at First American Funds Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.