Explore More About Monarch Wealth Management Group

Q: How much does Monarch Wealth Management Group in the United States pay?

Monarch Wealth Management Group pays its employees an average of $44 per hour. The average salary at Monarch Wealth Management Group range from $39 to $50 per hour. 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.

Q: Do Monarch Wealth Management Group employees get a higher salary than its peer company?

The salary at Monarch Wealth Management Group is lesser than its peer company. The average annual salary at Monarch Wealth Management Group is $92,232, or an hourly wage of $44, in comparison to Morgan Wealth Management Group which pays $97,421 per year or $47 per hour.

Monarch Wealth Management Group Salary

How much does the Monarch Wealth Management Group Pay for employees?

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Salary at Monarch Wealth Management Group

Current Job Openings at Monarch Wealth Management Group

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Is Monarch Wealth Management Group’s Pay Competitive? Salary Benchmarking Analysis

How does Monarch Wealth Management Group’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.

Peer Company & Industry Benchmarking

180k

150k

120k

90k

60k

30k

Average Salary ($/year)

Monarch Wealth Management Group

Business Services

Morgan Wealth Management Group

Penncorp Group Management Inc

Industry Comparison

Our data shows that, on average, compensation at Monarch Wealth Management Group is below the average for the U.S. Business Services industry by approximately 24%. This positioning suggests their pay is below the market average within their sector.

Peer Company Comparison

To provide a broader market perspective, we compared Monarch Wealth Management Group average annual salary with several similar companies. Monarch Wealth Management Group average salary of $92,232 is lower than Morgan Wealth Management Group, which has an average salary of $97,421. It is lower than Penncorp Group Management Inc, with their average salary at $97,179. This places Monarch Wealth Management Group in a developing position among its peers.

See Your True Competitors

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Companies Similar to Monarch Wealth Management Group and Their Hourly Pay Rates

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

Morgan Wealth Management Group

$47 / hour

Salary Range: $41 - $53

Saint Charles, IL

Penncorp Group Management Inc

$47 / hour

Salary Range: $41 - $53

Chicago, IL

Lakeshore Management Group Pinnacle Inc

$47 / hour

Salary Range: $41 - $53

Chicago, IL

Overland Management Group LLC

$45 / hour

Salary Range: $39 - $51

Deer Park, IL

Sullivan Wealth Management Group

$46 / hour

Salary Range: $41 - $52

Westmont, IL

Alaris Business Center - 1201 LLC

$43 / hour

Salary Range: $38 - $49

Mesa, AZ

XO Wealth

$42 / hour

Salary Range: $37 - $47

Dallas, TX

Alliance Reside

$54 / hour

Salary Range: $48 - $61

Palo Alto, CA

Biz South Medical Research Group Inc

$43 / hour

Salary Range: $38 - $48

Miami, FL

Employee Reviews: Working at Monarch Wealth Management Group

Considering a career at Monarch Wealth Management Group? 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.

I’ve received more recognition for my hard work here than anywhere else. It’s a professional yet relaxed environment where long-term careers are built and nurtured. Career mobility exists but often requires switching departments.

Commented in April 21, 2025

the work itself is manageable and clear. The onboarding process was smooth and welcoming. Stable job with routine tasks. This approach offers some adaptability for employees when specific circumstances allow for remote work effectively. Their commitment to excellence makes them a preferred vendor for our company.

Commented in March 01, 2025

Clear goals, great mentorship, and recognition make this a standout workplace. Summer Fridays are a much-loved benefit! That extra half-day each week in the summer allows for more time with family and friends. The work here feels meaningful and well-supported. It's clear they invest heavily in setting people up for long-term success.

Commented in February 02, 2025

The company culture prioritizes collaboration and respects work-life balance. Leadership recognizes hard work promptly. Collaborative environment and great communication. Work processes are clearly outlined, though they can be inflexible. I’m consistently impressed by the caliber of my colleagues. Colleagues are friendly, and management is approachable.

Commented in December 02, 2024

We are empowered to do what's right for the client, which makes the work incredibly fulfilling. Managers are approachable and prioritize employee well-being. My opinions matter here. Flexible scheduling options and a reasonable workload allow me to excel professionally while also maintaining a healthy life outside of the office. Managers regularly check in to ensure we have what we need.

Commented in February 16, 2024

Monarch Wealth Management Group Overview

Website

Data pending, update soon.

Founded In

Data pending, update soon.

Employees

25 - 50 employees

Industry

Business Services

Headquarter Address

736 N Western Ave Lake Forest Illinois IL 60045

Revenue

<$5 Million

Phone Number

+1 2245449330

About Monarch Wealth Management Group

Monarch Wealth Management Group is a company that operates in the Financial Services industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Lake Forest, Illinois.

What Benefits Does Monarch Wealth Management Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Monarch Wealth Management Group 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 Monarch Wealth Management Group?

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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details

What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Monarch Wealth Management Group.

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Monarch Wealth Management Group, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,700 - $2,600+	A significant portion of Monarch Wealth Management Group salary. Location choices impact this heavily.
Utilities (Basic)	$140 - $230	Electricity, Heating, Cooling, Water etc.
Public Transportation	$105 (CTA 30-day pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$430 - $640	Can be higher with more dining out or specialty stores.
Personal & Leisure	$450 - $800+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$400 - $750+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$3,225 - $5,025+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Monarch Wealth Management Group

1. How much does Monarch Wealth Management Group in the United States pay?

Monarch Wealth Management Group pays its employees an average of $44 per hour. The average salary at Monarch Wealth Management Group range from $39 to $50 per hour. 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 Monarch Wealth Management Group employees get a higher salary than its peer company?

The salary at Monarch Wealth Management Group is lesser than its peer company. The average annual salary at Monarch Wealth Management Group is $92,232, or an hourly wage of $44, in comparison to Morgan Wealth Management Group which pays $97,421 per year or $47 per hour.

3. How much does salary increase with years of experience at Monarch Wealth Management Group?

Salary progression with years of experience at Monarch Wealth Management Group 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.

4. Do salaries at Monarch Wealth Management Group vary by office location?

Yes, it's very likely that salaries at Monarch Wealth Management Group 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 Chicago section provides more context.

5. Does Monarch Wealth Management Group offer good benefits?

Monarch Wealth Management Group 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 Monarch Wealth Management Group" section on this page.