| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Integris Wealth Partners | $87,981 |
-1.6%
|
Confirms Integris Wealth Partners is a direct competitor vying for the exact same talent pool. |
| Waymaker Wealth Advisors | $84,500 |
-5.5%
|
Waymaker Wealth Advisors operates with a leaner overhead structure, impacting base wage offers. |
| Murphy Wealth Management Group LLC | $95,618 |
+6.9%
|
Supported by Murphy Wealth Management Group LLC's high-margin contracts allowing higher overhead. |
| 401k Advisors | $94,753 |
+6.0%
|
Driven by niche technical certifications required for 401k Advisors's specialized projects. |
| Financial Services Industry | $121,514 |
+35.9%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$87,981 / year
Salary Range: $77,175 - $99,697
Richmond, VA
$84,500 / year
Salary Range: $74,115 - $95,747
Spokane, WA
$95,618 / year
Salary Range: $83,874 - $108,355
Fishkill, NY
$94,753 / year
Salary Range: $83,113 - $107,367
Wilmette, IL
$85,692 / year
Salary Range: $75,159 - $97,100
Indianapolis, IN
$101,197 / year
Salary Range: $88,767 - $114,671
Summit, NJ
$100,016 / year
Salary Range: $87,732 - $113,330
Vienna, VA
$81,452 / year
Salary Range: $71,448 - $92,308
Lexington, VA
$87,464 / year
Salary Range: $76,717 - $99,112
Cumberland, IN
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) | $1,100 - $1,600+ | A significant portion of Ray Olson LLC salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $220 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $60 (GRTC monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $400 - $580 | 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) | $2,440 - $3,790+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Ray Olson LLC pays its employees an average of $89,426 per year. The average salary at Ray Olson LLC range from $78,440 to $101,331 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.
The salary at Ray Olson LLC is higher than the similar company. The average annual salary at Ray Olson LLC is $89,426, or an hourly wage of $43, in comparison to Integris Wealth Partners which pays $87,981 per year or $42 per hour.
In many roles at Ray Olson LLC, 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.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). This significantly impacts the purchasing power of a salary from Ray Olson LLC based there. Our "Cost of Living Insights for Richmond" module details this impact, helping you assess the 'real feel' value of your compensation.
Ray Olson LLC 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 Ray Olson LLC" section on this page.
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