Vermillion Wealth Management LLC Salary

Vermillion Wealth Management LLC Salary

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As of August 2026, the average annual salary for employees at Vermillion Wealth Management LLC in the United States is $93,308. This translates to an approximate hourly wage of $45. Salaries at Vermillion Wealth Management LLC typically range from $82,087 to $105,489 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Vermillion Wealth Management LLC

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

Is Vermillion Wealth Management LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Vermillion Wealth Management 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
NTT DATA FA Insurance Systems $112,642
+20.7%
Supported by NTT DATA FA Insurance Systems's high-margin contracts allowing higher overhead.
Kemner Iott Benz Insurance $91,272
-2.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Scherff Agency $93,213
-0.1%
Confirms Scherff Agency is a direct competitor vying for the exact same talent pool.
Maris Brown Insurance Group $92,706
-0.6%
Suggests Maris Brown Insurance Group utilizes a highly similar base-plus-benefits compensation model.
Insurance Industry $123,858
+32.7%
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.

How Vermillion Wealth Management LLC's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Vermillion Wealth Management LLC. Click a company name to learn more.

Employee Reviews: Working at Vermillion Wealth Management LLC

Considering a career at Vermillion Wealth Management 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.
It’s a stable workplace for those who prefer routine and predictability in their job. The size of the organization means changes happen gradually, which can be stabilizing. Benefits are top-notch, including strong retirement plans. I’ve thoroughly enjoyed my time here. Company outings and team-building activities add a fun element.
Commented in February 08, 2025
10
2
Not the most dynamic workplace, but reliable. Coworkers are friendly, and there’s a strong sense of teamwork across departments. The company also hosts regular team-building events, fostering camaraderie. The insurance products are top-notch, and client service is a focus. Overall, it’s a supportive and forward-thinking workplace. I highly recommend this company to anyone looking for stability and...
Commented in November 29, 2024
21
1
Some processes could be streamlined, but overall, it’s a stable workplace. A reliable workplace for those who prefer structured roles in insurance. Career growth opportunities exist but may require patience. The work-life balance is well-maintained, and the benefits package is competitive, including health coverage and retirement plans.
Commented in January 12, 2024
41
0

Vermillion Wealth Management LLC Overview

Website
www.vermillionwealthmanagement.com
Founded In
2006
Employees
<25 employees
Industry
Insurance
Headquarter Address
401 S Old Woodward Ave Birmingham Michigan MI 48009
Revenue
$5 Million - $10 Million
Phone Number
+1 2486377200
Social Media
About Vermillion Wealth Management LLC
Vermillion Wealth Management is a registered investment advisory firm located within Vermillion State Bank. As a registered investment advisor we have a fiduciary duty to always act in your best interest. We work as a team to establish relationships built on trust. We take the time to listen to your goals, while collecting important data regarding your finances. We work with you to create a person

What Benefits Does Vermillion Wealth Management LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Vermillion Wealth Management 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 Birmingham?

Understanding the cost of living near Birmingham is key to truly evaluating a salary offer or your current compensation at Vermillion Wealth Management LLC.
Birmingham's Cost of Living Index is approximately 79.5 (20.5% less expensive than US average; 3.4% less than AL average). Primary driver is significantly lower housing costs. When planning your budget based on a salary from Vermillion Wealth Management LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Vermillion Wealth Management LLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 - $60 (MAX Transit Monthly Pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $300 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,040 - $3,460+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Vermillion Wealth Management LLC

1. What is the typical salary range (low to high) for most roles at Vermillion Wealth Management LLC?

The typical annual salary range for most roles at Vermillion Wealth Management LLC is approximately from $82,087 to $105,489. 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 Vermillion Wealth Management LLC pay compared to NTT DATA FA Insurance Systems?

The average annual salary at Vermillion Wealth Management LLC is $93,308, or an hourly wage of $45, in comparison to NTT DATA FA Insurance Systems which pays $112,642 per year or $54 per hour.

3. How does experience level affect salary at Vermillion Wealth Management LLC?

Experience level is a significant factor in determining salary at Vermillion Wealth Management 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 Vermillion Wealth Management LLC in Birmingham is fair given the local cost of living?

To determine if a salary offer from Vermillion Wealth Management LLC in Birmingham is fair, first compare the gross salary to our data for similar roles at Vermillion Wealth Management LLC and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Birmingham" to understand its purchasing power.

5. What factors influence salary increases at Vermillion Wealth Management LLC?

Salary increases at Vermillion Wealth Management LLC 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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