Midwest Wealth Advisors Salary

As of September 2026, the average annual salary for employees at Midwest Wealth Advisors in the United States is $89,225. This translates to an approximate hourly wage of $43. Salaries at Midwest Wealth Advisors typically range from $78,266 to $101,112 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Midwest Wealth Advisors Pay for Different Roles?

Explore detailed salary information for specific jobs at Midwest Wealth Advisors. Based on our data, the highest paying job is the Practice Manager, with an annual salary of $116,572. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Midwest Wealth Advisors’s Pay Competitive? Salary Benchmarking Analysis

How does Midwest Wealth Advisors'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
Heritage Capital Strategies Inc $95,280
+6.8%
Supported by Heritage Capital Strategies Inc's high-margin contracts allowing higher overhead.
Fehrman Investment Group $82,971
-7.0%
Fehrman Investment Group operates with a leaner overhead structure, impacting base wage offers.
Lederer & Associates $98,729
+10.7%
Data suggests Lederer & Associates's workforce skews heavily towards veteran, high-tenure roles.
Fort Sheridan Advisors LLC $90,523
+1.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Financial Services Industry $121,514
+36.2%
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 Midwest Wealth Advisors

Considering a career at Midwest Wealth Advisors? 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.
Dual monitors are standard. Recognition programs motivate and reward employee achievements. I felt fully integrated within weeks, not months. With employees across various specialties, knowledge sharing happens organically.
A fine place to begin a career. The company balances innovation and risk with care, which I greatly respect. Projects are interesting and relevant. While the environment is generally respectful, there’s room to improve recognition and cross-functional collaboration.
Job postings circulate internally first. Work-life balance is respected, with flexible arrangements that adapt to individual needs. The company encourages transparency, and collaboration is strong. Our differences are celebrated as strengths that drive innovation. There isn’t much excitement, but the work gets done without many surprises or complications. The work is predictable, with few surprise...

Midwest Wealth Advisors Overview

Website
www.midwestwealthadvisors.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Financial Services
Headquarter Address
11040 183rd Cir NW Elk River Minnesota MN 55330
Revenue
<$5 Million
Phone Number
+1 7634280066
Social Media
About Midwest Wealth Advisors
Our goal is simple; help hardworking people like you and your family to prepare, implement and manage every phase of your Pre & Post Retirement life, helping to ensure your Golden Years are just that, Truly Golden At the core of our firm is the belief that emotion free, quantifiable systems will help you, the investor, avoid poor decision making while simultaneously increasing their probability of

What Benefits Does Midwest Wealth Advisors Offer Beyond Salary?

A competitive compensation package is more than just a salary. Midwest Wealth Advisors 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Midwest Wealth Advisors.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Midwest Wealth Advisors, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Midwest Wealth Advisors salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Midwest Wealth Advisors

1. How much does a Midwest Wealth Advisors employee make?

Midwest Wealth Advisors pays its employees an average of $89,225 per year. The average salary at Midwest Wealth Advisors range from $78,266 to $101,112 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. Which similar company tend to pay more or less than Midwest Wealth Advisors?

The salary at Midwest Wealth Advisors is lesser than the similar company. The average annual salary at Midwest Wealth Advisors is $89,225, or an hourly wage of $43, in comparison to Heritage Capital Strategies Inc which pays $95,280 per year or $46 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Midwest Wealth Advisors?

In many roles at Midwest 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.

4. How does the cost of living near Minneapolis affect the perceived value of a Midwest Wealth Advisors salary?

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Midwest Wealth Advisors based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Midwest Wealth Advisors typically offer employees?

Midwest 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 Midwest Wealth Advisors" section on this page.