Spruce Financial Group LLC Salary

As of September 2026, the average annual salary for employees at Spruce Financial Group LLC in the United States is $95,069. This translates to an approximate hourly wage of $46. Salaries at Spruce Financial Group LLC typically range from $83,351 to $107,818 annually, reflecting the diverse roles and experience levels within the company.
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Is Spruce Financial Group LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Spruce Financial Group LLC'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
The Passage Financial Group LLC $104,763
+10.2%
Reflects a supply-demand imbalance for the specific talent The Passage Financial Group LLC targets.
Evergreen Financial Group Inc $94,531
-0.6%
Indicates identical technical requirements and experience levels between the two firms.
Wta Financial Group Inc $103,550
+8.9%
Adjusted for higher cost-of-living indices in Wta Financial Group Inc's primary metro hubs.
RWY/ WARD FINANCIAL GROUP Inc $97,020
+2.1%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Financial Services Industry $121,514
+27.8%
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 Spruce Financial Group LLC

Considering a career at Spruce Financial Group LLC? 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 work is meaningful. Facilities teams keep everything running smoothly. The benefits are excellent, providing healthcare, wellness programs, and retirement plans. With employees, everyone is aligned in delivering exceptional service.
Leadership is respectful but maintains a formal, hierarchical structure. Newsletters highlight meaningful updates. Training programs exist but vary in effectiveness and frequency. My experience has been nothing short of positive. There’s room to explore side projects and propose changes. Goals align with both company objectives and personal growth. My team collaborates exceptionally well. I felt f...
However, the company doesn’t take many risks, and employee ideas often get stuck in layers of review. It’s a dependable workplace with limited surprises and steady, task-focused work every day. The compensation and benefits package is highly competitive, reflecting their value for their employees. It’s inspiring to be part of a team that drives financial excellence while making a positive differen...

Spruce Financial Group LLC Overview

Website
Data pending, update soon.
Founded In
2002
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
6 Bridlewood Ct Owings Mills Maryland MD 21117
Revenue
<$5 Million
Phone Number
-
Social Media
About Spruce Financial Group LLC
Spruce Financial Group LLC is a company that operates in the Financial Services industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in Owings Mills, Maryland.

What Benefits Does Spruce Financial Group LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spruce Financial Group LLC 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 Baltimore?

Understanding the cost of living near Baltimore is key to truly evaluating a salary offer or your current compensation at Spruce Financial Group LLC.
Baltimore's Cost of Living Index is approximately 91.8 (8.2% less expensive than US average; 18.8% less than MD average). Major city, historic, affordable housing in many areas, but varies greatly by neighborhood. MTA bus/Light Rail/Metro Subway. When planning your budget based on a salary from Spruce Financial Group LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,900+ A significant portion of Spruce Financial Group LLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $77 (MTA CharmCard 31-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,627 - $4,227+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Spruce Financial Group LLC

1. How much does a Spruce Financial Group LLC employee make?

Spruce Financial Group LLC pays its employees an average of $95,069 per year. The average salary at Spruce Financial Group LLC range from $83,351 to $107,818 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 Spruce Financial Group LLC?

The salary at Spruce Financial Group LLC is lesser than the similar company. The average annual salary at Spruce Financial Group LLC is $95,069, or an hourly wage of $46, in comparison to The Passage Financial Group LLC which pays $104,763 per year or $50 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Spruce Financial Group LLC?

In many roles at Spruce Financial Group 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.

4. How does the cost of living near Baltimore affect the perceived value of a Spruce Financial Group LLC salary?

Baltimore's Cost of Living Index is approximately 91.8 (8.2% less expensive than US average; 18.8% less than MD average). This significantly impacts the purchasing power of a salary from Spruce Financial Group LLC based there. Our "Cost of Living Insights for Baltimore" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Spruce Financial Group LLC typically offer employees?

Spruce Financial Group 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 Spruce Financial Group LLC" section on this page.