Summit Financial Services Salary

As of May 2026, the average annual salary for employees at Summit Financial Services in the United States is $95,153. This translates to an approximate hourly wage of $46. Salaries at Summit Financial Services typically range from $83,471 to $107,831 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Summit Financial Services

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

Is Summit Financial Services’s Pay Competitive? Salary Benchmarking Analysis

How does Summit Financial Services'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
Cary Stamp & Co $87,053
-8.5%
Typical compensation structure for smaller regional agencies like Cary Stamp & Co.
Flying Point Financial Inc $93,540
-1.7%
Confirms Flying Point Financial Inc is a direct competitor vying for the exact same talent pool.
Eplanet Mortgage LLC $100,238
+5.3%
Influenced by prevailing union wage agreements specific to Eplanet Mortgage LLC's sector.
Brooks Jones Financial Group Inc $90,681
-4.7%
Reflects market rates for standard general contracting, differing from specialized roles.
Financial Services Industry $121,514
+27.7%
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 Summit Financial Services

Considering a career at Summit Financial Services? 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.
Communication is reliable, not frequent. Internal communication is polite but sometimes inconsistent. The technology stack is cutting-edge, enabling us to deliver superior client solutions. It’s a great environment for career-minded professionals. Management actively encourages internal mobility, allowing employees to explore different business units.
Little innovation but solid execution. There isn’t much excitement, but the work gets done without many surprises or complications. Internal communication is okay, but feedback is rarely implemented.
The team dynamic is amazing. There’s a consistent commitment to client service, employee development, and operational excellence. Everyone here holds themselves to a high standard. Diversity and inclusion aren’t just buzzwords here—they’re embedded in the company’s DNA. In the fast-paced financial industry, this company excels at promoting work-life balance. Everyone is willing to lend a hand or s...

Summit Financial Services Overview

Website
www.gotosummitfinancial.com
Founded In
1985
Employees
<25 employees
Industry
Financial Services
Headquarter Address
3977 Coffee Rd Bakersfield California CA 93308
Revenue
<$5 Million
Phone Number
+1 6616151111
Social Media
About Summit Financial Services
The Summit Financial team has over 100 years of combined experience serving the lending needs of California. Whether you are looking for a conventional loan, FHA, reverse mortgage or construction lending Summit Financial is here for you. Call us today and let us put our knowledge to work for you.

What Benefits Does Summit Financial Services Offer Beyond Salary?

A competitive compensation package is more than just a salary. Summit Financial Services 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 Bakersfield?

Understanding the cost of living near Bakersfield is key to truly evaluating a salary offer or your current compensation at Summit Financial Services.
Bakersfield's Cost of Living Index is approximately 103.8 (3.8% more expensive than US average; 25.8% less than CA average). Southern Central Valley city, one of CA's more affordable large cities, driven by lower housing costs. Oil and agriculture. When planning your budget based on a salary from Summit Financial Services, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,250 - $1,800+ A significant portion of Summit Financial Services salary. Location choices impact this heavily.
Utilities (Basic) $200 - $330 (High AC use) Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (GET monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,545 - $3,985+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Summit Financial Services

1. How much does Summit Financial Services in the United States pay?

Summit Financial Services pays its employees an average of $95,153 per year. The average salary at Summit Financial Services range from $83,471 to $107,831 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 Summit Financial Services employees get a higher salary than its peer company?

The salary at Summit Financial Services is higher than its peer company. The average annual salary at Summit Financial Services is $95,153, or an hourly wage of $46, in comparison to Cary Stamp & Co which pays $87,053 per year or $42 per hour.

3. What are the highest paying jobs at Summit Financial Services?

The higher-paying job at Summit Financial Services, according to our data, include Director, Client Services (avg. $178,257 per year), Certified Financial Planner (avg. $117,186 per year), and Director, Client Relations (avg. $114,267 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Summit Financial Services?

Salary progression with years of experience at Summit Financial Services 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 Summit Financial Services vary by office location?

Yes, it's very likely that salaries at Summit Financial Services 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 Bakersfield section provides more context.

6. Does Summit Financial Services offer good benefits?

Summit Financial Services 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 Summit Financial Services" section on this page.