| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Allegra Financial | $100,533 |
+24.9%
|
Driven by niche technical certifications required for Allegra Financial's specialized projects. |
| Streamline Family Office Inc | $100,512 |
+24.9%
|
Reflects a supply-demand imbalance for the specific talent Streamline Family Office Inc targets. |
| Waterside Financial Advisors | $87,443 |
+8.6%
|
Reflects structural premiums typical of Waterside Financial Advisors's large-cap national operations. |
| Cardinal Wealth Advisors LLC | $95,502 |
+18.7%
|
Data suggests Cardinal Wealth Advisors LLC's workforce skews heavily towards veteran, high-tenure roles. |
| Financial Services Industry | $121,514 |
+51.0%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$100,533 / year
Salary Range: $88,181 - $113,928
Madison, NJ
$100,512 / year
Salary Range: $88,162 - $113,903
Dover, MA
$87,443 / year
Salary Range: $76,708 - $99,088
Rockford, IL
$95,502 / year
Salary Range: $83,764 - $108,209
Edina, MN
$94,236 / year
Salary Range: $82,655 - $106,782
Chicago, IL
$98,993 / year
Salary Range: $86,834 - $112,172
Mamaroneck, NY
$109,583 / year
Salary Range: $96,125 - $124,183
San Francisco, CA
$86,409 / year
Salary Range: $75,792 - $97,917
Aledo, TX
$106,292 / year
Salary Range: $93,239 - $120,451
New York City, NY
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) | $850 - $1,300+ | A significant portion of Smith Reed salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $50 (MATA monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $370 - $550 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $660+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,130 - $3,410+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The typical annual salary range for most roles at Smith Reed is approximately from $70,596 to $91,198. 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 average annual salary at Smith Reed is $80,481, or an hourly wage of $39, in comparison to Allegra Financial which pays $100,533 per year or $48 per hour.
Yes, salaries often differ between departments at Smith Reed due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.
Experience level is a significant factor in determining salary at Smith Reed, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
To determine if a salary offer from Smith Reed in Memphis is fair, first compare the gross salary to our data for similar roles at Smith Reed and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Memphis" to understand its purchasing power.
Salary increases at Smith Reed are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.
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