Palomar Wealth Salary

Palomar Wealth Salary

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As of July 2026, the average annual salary for employees at Palomar Wealth in the United States is $84,743. This translates to an approximate hourly wage of $41. Salaries at Palomar Wealth typically range from $74,335 to $96,027 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Palomar Wealth Pay for Different Roles?

Explore detailed salary information for specific jobs at Palomar Wealth. Based on our data, the highest paying job is the Managing Partner, with an annual salary of $134,277. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Palomar Wealth

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

Is Palomar Wealth’s Pay Competitive? Salary Benchmarking Analysis

How does Palomar Wealth'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
Talarico and Associates $86,610
+2.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Khalil Enterprises $87,432
+3.2%
Supported by Khalil Enterprises's high-margin contracts allowing higher overhead.
Core Bridge Partners LP $101,187
+19.4%
Data suggests Core Bridge Partners LP's workforce skews heavily towards veteran, high-tenure roles.
Delta Research & Educational Foundation $99,436
+17.3%
Influenced by prevailing union wage agreements specific to Delta Research & Educational Foundation's sector.
Financial Services Industry $121,514
+43.4%
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.

How Palomar Wealth's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Palomar Wealth. Click a company name to learn more.

Employee Reviews: Working at Palomar Wealth

Considering a career at Palomar Wealth? 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.
It’s a high-performing yet people-first workplace. Fresh fruit in breakrooms. The environment is professional and structured. I’ve experienced steady growth and feel well supported by management.
Commented in May 10, 2025
18
0
Managers regularly check in about capacity and redistribute work when needed. Client satisfaction and employee support prioritized. The company values integrity and ethical practices, which reflects in every decision. Overtime is rarely required, and when it is, compensation is fair. There’s a clear path for advancement. Performance reviews are regular but somewhat generic.
Commented in September 26, 2024
14
0
The collaborative environment and smart coworkers make every day engaging. Competitors respect our work. I’ve experienced steady career growth thanks to thoughtful management and an empowering, organized environment. Leadership focuses on compliance and control.
Commented in March 13, 2024
44
2

Palomar Wealth Overview

Website
www.palomarwealth.com
Founded In
2020
Employees
<25 employees
Industry
Financial Services
Headquarter Address
4500 N Prospect Rd Peoria Illinois IL 61616
Revenue
<$5 Million
Phone Number
+1 3096919600
Social Media
About Palomar Wealth
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not

What Benefits Does Palomar Wealth Offer Beyond Salary?

A competitive compensation package is more than just a salary. Palomar Wealth 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 Peoria?

Understanding the cost of living near Peoria is key to truly evaluating a salary offer or your current compensation at Palomar Wealth.
Peoria's Cost of Living Index is approximately 78.2 (21.8% less expensive than US average; 16.6% less than IL average). Central IL city, very affordable housing. CityLink. When planning your budget based on a salary from Palomar Wealth, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of Palomar Wealth salary. Location choices impact this heavily.
Utilities (Basic) $160 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (CityLink monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,960 - $3,170+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Palomar Wealth

1. How much does a Palomar Wealth employee make?

Palomar Wealth pays its employees an average of $84,743 per year. The average salary at Palomar Wealth range from $74,335 to $96,027 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 Palomar Wealth?

The salary at Palomar Wealth is lesser than the similar company. The average annual salary at Palomar Wealth is $84,743, or an hourly wage of $41, in comparison to Talarico and Associates which pays $86,610 per year or $42 per hour.

3. How much does a Managing Partner typically earn at Palomar Wealth?

A Managing Partner at Palomar Wealth typically earns an average annual base salary of around $134,277, with a general range of $108,333 to $158,599.

4. Do employees with advanced degrees (Master's, PhD) earn more at Palomar Wealth?

In many roles at Palomar Wealth, 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.

5. How does the cost of living near Peoria affect the perceived value of a Palomar Wealth salary?

Peoria's Cost of Living Index is approximately 78.2 (21.8% less expensive than US average; 16.6% less than IL average). This significantly impacts the purchasing power of a salary from Palomar Wealth based there. Our "Cost of Living Insights for Peoria" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Palomar Wealth typically offer employees?

Palomar Wealth 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 Palomar Wealth" section on this page.

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