| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Truth in Finance | $99,731 |
-0.7%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Mangrove Partners:: Inc | $105,849 |
+5.4%
|
Supported by Mangrove Partners:: Inc's high-margin contracts allowing higher overhead. |
| 1251 Capital Group | $99,014 |
-1.4%
|
Confirms 1251 Capital Group is a direct competitor vying for the exact same talent pool. |
| Hybrid Tech Holdings LLC | $98,624 |
-1.8%
|
Suggests Hybrid Tech Holdings LLC utilizes a highly similar base-plus-benefits compensation model. |
| Financial Services Industry | $121,514 |
+21.0%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$99,731 / year
Salary Range: $87,457 - $113,050
Claremont, CA
$105,849 / year
Salary Range: $92,845 - $119,939
New York City, NY
$99,014 / year
Salary Range: $86,852 - $112,196
Boston, MA
$98,624 / year
Salary Range: $86,485 - $111,806
Wilmington, DE
$82,559 / year
Salary Range: $72,401 - $93,588
Prescott, AZ
$83,245 / year
Salary Range: $73,006 - $94,369
Prescott, AZ
$85,491 / year
Salary Range: $74,967 - $96,917
Omaha, NE
$98,961 / year
Salary Range: $86,779 - $112,184
Newburgh, NY
$81,030 / year
Salary Range: $71,082 - $91,820
Morehead City, NC
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) | $2,100 - $3,000+ | A significant portion of Lotus Financial Group salary. Location choices impact this heavily. |
| Utilities (Basic) | $180 - $290 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $50 (Simi Valley Transit monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $450 - $660 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $750+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $390 - $730+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,570 - $5,430+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Salary.com estimates that the average total compensation package at Lotus Financial Group, which can include base salary, potential bonuses, and benefits, is around $100,417 annually . Total compensation provides a more holistic view of an employee's earnings.
The average annual salary at Lotus Financial Group is $100,417, or an hourly wage of $48, in comparison to Truth in Finance which pays $99,731 per year or $48 per hour.
Salary progression from an entry-level to a senior role at Lotus Financial Group 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.
To determine if a salary offer from Lotus Financial Group in Simi Valley is fair, first compare the gross salary to our data for similar roles at Lotus Financial Group and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Simi Valley" to understand its purchasing power.
Yes, promotions at Lotus Financial Group 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.
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