Summit Wealth Advocates LLC Salary
How Much Does Summit Wealth Advocates LLC Pay for Different Roles?
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Current Job Openings at Summit Wealth Advocates LLC
Is Summit Wealth Advocates LLC’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Precision Wealth Strategies LLC | $86,905 |
-7.9%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| Norton Financial Inc | $85,871 |
-9.0%
|
Typical compensation structure for smaller regional agencies like Norton Financial Inc. |
| Alterna Equity Partners LLC | $88,519 |
-6.2%
|
Alterna Equity Partners LLC focuses strategically on recruiting and training entry-level apprentices. |
| Concierge Legacy Advisors | $83,203 |
-11.8%
|
Concierge Legacy Advisors operates with a leaner overhead structure, impacting base wage offers. |
| Financial Services Industry | $121,514 |
+28.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Summit Wealth Advocates LLC's Salaries Compare to Similar Companies?
Precision Wealth Strategies LLC
$86,905 / year
Salary Range: $76,231 - $98,478
St. Louis, MO
Norton Financial Inc
$85,871 / year
Salary Range: $75,324 - $97,307
Carrollton, GA
Alterna Equity Partners LLC
$88,519 / year
Salary Range: $77,643 - $100,307
Delray Beach, FL
Concierge Legacy Advisors
$83,203 / year
Salary Range: $72,978 - $94,283
Boise, ID
Sorensen Financial Management LLC
$86,525 / year
Salary Range: $75,892 - $98,051
Gunnison, CO
HB Financial
$82,454 / year
Salary Range: $72,319 - $93,430
Lafayette, LA
Black Bull Capital Partners
$86,293 / year
Salary Range: $75,691 - $97,783
Cincinnati, OH
FJ Holdings I LLC
$99,679 / year
Salary Range: $87,429 - $112,952
Van Nuys, CA
Trustee
$81,378 / year
Salary Range: $71,384 - $92,210
Memphis, TN
Employee Reviews: Working at Summit Wealth Advocates LLC
Summit Wealth Advocates LLC Overview
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What Is the Cost of Living Near Minneapolis?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,400 - $2,100+ | A significant portion of Summit Wealth Advocates LLC salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $230 (Heating significant) | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $120 (Metro Transit monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $430 - $630 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $450 - $800+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $390 - $720+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,920 - $4,480+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Summit Wealth Advocates LLC
1. What is the typical salary range (low to high) for most roles at Summit Wealth Advocates LLC?
The typical annual salary range for most roles at Summit Wealth Advocates LLC is approximately from $82,774 to $106,928. 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. How much does Summit Wealth Advocates LLC pay compared to Precision Wealth Strategies LLC?
The average annual salary at Summit Wealth Advocates LLC is $94,362, or an hourly wage of $45, in comparison to Precision Wealth Strategies LLC which pays $86,905 per year or $42 per hour.
3. How does experience level affect salary at Summit Wealth Advocates LLC?
Experience level is a significant factor in determining salary at Summit Wealth Advocates LLC, 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.
4. How can I determine if a salary offer from Summit Wealth Advocates LLC in Minneapolis is fair given the local cost of living?
To determine if a salary offer from Summit Wealth Advocates LLC in Minneapolis is fair, first compare the gross salary to our data for similar roles at Summit Wealth Advocates LLC and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.
5. Why might an individual's actual salary at Summit Wealth Advocates LLC differ from the ranges shown here?
An individual's actual salary at Summit Wealth Advocates LLC can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.
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