Wallace Financial Salary

Wallace Financial Salary

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As of August 2026, the average annual salary for employees at Wallace Financial in the United States is $90,607. This translates to an approximate hourly wage of $44. Salaries at Wallace Financial typically range from $79,475 to $102,673 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Wallace Financial Pay for Different Roles?

Explore detailed salary information for specific jobs at Wallace Financial. Based on our data, the highest paying job is the Real Estate Agent, with an annual salary of $85,387. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Wallace Financial

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

Is Wallace Financial’s Pay Competitive? Salary Benchmarking Analysis

How does Wallace Financial'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
Shark Investments LLC $95,164
+5.0%
Reflects a supply-demand imbalance for the specific talent Shark Investments LLC targets.
Belmont Federal Savings and Loan $87,654
-3.3%
Typical compensation structure for smaller regional agencies like Belmont Federal Savings and Loan.
Reach Home Loans $87,580
-3.3%
Normalized for lower cost-of-living zones where Reach Home Loans primarily operates.
Werkwallet $94,035
+3.8%
Supported by Werkwallet's high-margin contracts allowing higher overhead.
Financial Services Industry $121,514
+34.1%
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 Wallace Financial's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Wallace Financial

Considering a career at Wallace Financial? 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 company embraces change and stays current with trends in fintech. Benefits are solid, although pay raises are infrequent. The work is predictable, with few surprises, and career movement tends to be gradual. The support from leadership is strong, and company policies reflect values like fairness, inclusion, and innovation.
Commented in May 26, 2025
27
1
Cross-functional collaboration is minimal, affecting workflow efficiency. Ethical values guide daily operations. The company's commitment extends beyond the workplace through community partnerships. With employees, there’s a rich mix of backgrounds, perspectives, and ideas. Every day brings a new opportunity to grow. Open-door policies promote honest communication. There are occasional team-buildi...
Commented in September 12, 2024
35
0
Training is robust and well-structured. It’s a decent place to gain foundational experience, but those seeking dynamic challenges might feel limited in growth opportunities. The work environment is collaborative, with strong support from management and peers.
Commented in June 01, 2024
30
3

Wallace Financial Overview

Website
www.wallace.financial
Founded In
2009
Employees
<25 employees
Industry
Financial Services
Headquarter Address
26641 Southfield Rd Lathrup Village Michigan MI 48076
Revenue
<$5 Million
Phone Number
+1 2488648590
Social Media
About Wallace Financial
Wallace Financial proudly serves the greater Detroit area. Since 1998, Wallace Financial has been working with friends and neighbors throughout the greater Detroit area to help meet their financial goals through the use of insurance products. We are an insurance agency rooted in the community and have developed our business by creating close, personal relationships with our clients. When you have

What Benefits Does Wallace Financial Offer Beyond Salary?

A competitive compensation package is more than just a salary. Wallace Financial 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)
Work at Wallace Financial?
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What Is the Cost of Living Near Southfield?

Understanding the cost of living near Southfield is key to truly evaluating a salary offer or your current compensation at Wallace Financial.
Southfield's Cost of Living Index is approximately 96.9 (3.1% less expensive than US average; 6.1% more than MI average). Detroit suburb (Oakland Co.), major business center, housing near US avg. SMART bus. When planning your budget based on a salary from Wallace Financial, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Wallace Financial salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (SMART 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,330 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Wallace Financial

1. What is the typical salary range (low to high) for most roles at Wallace Financial?

The typical annual salary range for most roles at Wallace Financial is approximately from $79,475 to $102,673. 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 Wallace Financial pay compared to Shark Investments LLC?

The average annual salary at Wallace Financial is $90,607, or an hourly wage of $44, in comparison to Shark Investments LLC which pays $95,164 per year or $46 per hour.

3. How does experience level affect salary at Wallace Financial?

Experience level is a significant factor in determining salary at Wallace Financial, 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 Wallace Financial in Southfield is fair given the local cost of living?

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

5. Are the salaries listed for Wallace Financial on Salary.com pre-tax or after-tax?

All salary figures displayed for Wallace Financial, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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