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Preferred Financial Partners Salary

Preferred Financial Partners Salary

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

How Much Does Preferred Financial Partners Pay for Different Roles?

Explore detailed salary information for specific jobs at Preferred Financial Partners. Based on our data, the highest paying job is the Senior VP, Business Development, with an annual salary of $269,295. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Preferred Financial Partners’s Pay Competitive? Salary Benchmarking Analysis

How does Preferred Financial Partners'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
Estari Group $82,802
-7.2%
Typical compensation structure for smaller regional agencies like Estari Group.
Total Wealth Planning $86,209
-3.4%
Total Wealth Planning may offer non-monetary perks in lieu of competitive base salaries.
ALTIO Capital $106,440
+19.3%
Reflects structural premiums typical of ALTIO Capital's large-cap national operations.
I Got It Holdings Corp $101,746
+14.0%
Influenced by prevailing union wage agreements specific to I Got It Holdings Corp's sector.
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.

How Preferred Financial Partners's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Preferred Financial Partners

Considering a career at Preferred Financial Partners? 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.
The leadership team communicates well and provides growth opportunities. Low turnover speaks volumes about satisfaction levels. This financial institution combines the stability of an established firm with the energy of a growth company. They actively seek employee input and implement feedback effectively. The workload is manageable, and the expectations remain consistent.
Commented in May 01, 2025
27
2
We have a strong client-first mentality. Fast-paced environment with challenging, meaningful projects. These moments of recognition boost morale. Teams work collaboratively to meet goals. Recognition for hard work is consistent. Training is offered it is well organized. They really consider what employees need for security and peace of mind these days.
Commented in February 26, 2025
36
3
Management is reliable but rarely involved in day-to-day decisions. While the company offers good benefits and stable employment, the workload can be uneven and stressful. A solid company with strong systems in place.
Commented in February 23, 2025
44
1

Preferred Financial Partners Overview

Website
www.preferfp.com
Founded In
1985
Employees
<25 employees
Industry
Financial Services
Headquarter Address
755 W Big Beaver Rd Troy Michigan MI 48084
Revenue
<$5 Million
Phone Number
+1 2483572424
Social Media
About Preferred Financial Partners
Preferred Financial Partners is an independent, world-class, full-service financial services firm that's relationship-focused and purpose-driven. Our unique, and exceptionally diverse, nationwide network of financial professionals - coupled with our veteran, dynamic, and visionary leadership - has rendered us a magnet for some of the country's finest and most promising financial professionals. Wel

What Benefits Does Preferred Financial Partners Offer Beyond Salary?

A competitive compensation package is more than just a salary. Preferred Financial Partners 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 Troy?

Understanding the cost of living near Troy is key to truly evaluating a salary offer or your current compensation at Preferred Financial Partners.
Troy's Cost of Living Index is approximately 107.3 (7.3% more expensive than US average; 17.5% more than MI average). Affluent Detroit suburb (Oakland Co.), major commercial/business center, high housing costs. SMART bus. When planning your budget based on a salary from Preferred Financial Partners, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Preferred Financial Partners salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,740 - $4,280+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Preferred Financial Partners

1. How much does Preferred Financial Partners in the United States pay?

Preferred Financial Partners pays its employees an average of $89,225 per year. The average salary at Preferred Financial Partners 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. Do Preferred Financial Partners employees get a higher salary than its peer company?

The salary at Preferred Financial Partners is higher than its peer company. The average annual salary at Preferred Financial Partners is $89,225, or an hourly wage of $43, in comparison to Estari Group which pays $82,802 per year or $40 per hour.

3. What are the highest paying jobs at Preferred Financial Partners?

The higher-paying job at Preferred Financial Partners, according to our data, include Senior VP, Business Development (avg. $269,295 per year), Vice President, Sales (avg. $195,777 per year), and Financial Services Professional (avg. $90,187 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Preferred Financial Partners?

Salary progression with years of experience at Preferred Financial Partners is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Preferred Financial Partners vary by office location?

Yes, it's very likely that salaries at Preferred Financial Partners vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Troy section provides more context.

6. Does Preferred Financial Partners offer good benefits?

Preferred Financial Partners typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Preferred Financial Partners" section on this page.

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