Summit Asset Management Inc Salary

Summit Asset Management Inc Salary

How much does the Summit Asset Management Inc Pay for employees?

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As of August 2026, the average hourly salary for employees at Summit Asset Management Inc in the United States is $42. This translates to an approximate annual wage of $87,053. Salaries at Summit Asset Management Inc typically range from $37 to $47 hourly, reflecting the diverse roles and experience levels within the company. Summit Asset Management Inc’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Summit Asset Management Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Summit Asset Management Inc. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at Summit Asset Management Inc

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

Is Summit Asset Management Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Summit Asset Management Inc’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
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Average Salary ($/year)
Summit Asset Management Inc
Financial Services
Top of the Rock Holding Company LLC
New Republic Partners
Industry Comparison
Our data shows that, on average, compensation at Summit Asset Management Inc is below the average for the U.S. Financial Services industry by approximately 28%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Summit Asset Management Inc average annual salary with several similar companies. Summit Asset Management Inc average salary of $87,053 is lower than Top of the Rock Holding Company LLC, which has an average salary of $109,066. It is lower than New Republic Partners, with their average salary at $92,886. This places Summit Asset Management Inc in a developing position among its peers.
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Companies Similar to Summit Asset Management Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Summit Asset Management Inc

Considering a career at Summit Asset Management Inc? 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.
Organization is large and well-run. It’s not the most exciting workplace, but dependable and routine for those who want professional stability and limited surprises. The company offers competitive benefits but salaries are average for the industry. This culture of respect, trust, and innovation makes it an excellent place to work.
Commented in March 22, 2025
31
2
Project completions are acknowledged. Feedback is constructive, and leadership remains accessible and empathetic. Employees are empowered to learn, lead, and grow. I’m never unsure about where I stand or what’s expected. I’m proud to be part of a company that values integrity and client success in the financial sector. There are clear paths for advancement, supported by ongoing professional develo...
Commented in January 20, 2025
31
2
I've developed confidence, competence, and clarity in my career path. The leadership team is professional and approachable. That said, there’s not much variation in projects, and the pace is steady. Encouraging environment for fresh ideas. This is a company that invests in people.
Commented in February 15, 2024
49
3

Summit Asset Management Inc Overview

Website
www.summitassetmanagement.com
Founded In
1991
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
5100 Wheelis Dr Memphis Tennessee TN 38117
Revenue
$10 Million - $50 Million
Phone Number
+1 9017298100
Social Media
About Summit Asset Management Inc
Summit Asset Management is a boutique financial services firm providing institutional quality management to individual investors with an unprecedented level of personal service. Our clients include first generation entrepreneurs, professionals, and multi-generational families. Yet, as diverse as they are, they all share a commitment to investing in their futures through strategic wealth planning w

What Benefits Does Summit Asset Management Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Summit Asset Management Inc 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 Memphis?

Understanding the cost of living near Memphis is key to truly evaluating a salary offer or your current compensation at Summit Asset Management Inc.
Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). Blues/BBQ, FedEx hub, very affordable housing. MATA bus/trolley. When planning your budget based on a salary from Summit Asset Management Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Summit Asset Management Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MATA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Summit Asset Management Inc

1. What is the typical salary range (low to high) for most roles at Summit Asset Management Inc?

The typical salary range for most roles at Summit Asset Management Inc is approximately from $37 to $47 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. How much does Summit Asset Management Inc pay compared to Top of the Rock Holding Company LLC?

The average annual salary at Summit Asset Management Inc is $87,053, or an hourly wage of $42, in comparison to Top of the Rock Holding Company LLC which pays $109,066 per year or $52 per hour.

3. Do salaries differ significantly between departments at Summit Asset Management Inc?

Yes, salaries often differ between departments at Summit Asset Management Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Summit Asset Management Inc?

Experience level is a significant factor in determining salary at Summit Asset Management Inc, 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.

5. How can I determine if a salary offer from Summit Asset Management Inc in Memphis is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Summit Asset Management Inc?

Several key factors influence salary levels at Summit Asset Management Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Summit Asset Management Inc likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.

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