Morgan Wealth Management Group Salary

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

As of August 2026, the average annual salary for employees at Morgan Wealth Management Group in the United States is $97,421. This translates to an approximate hourly wage of $47. Salaries at Morgan Wealth Management Group typically range from $85,606 to $110,257 annually, reflecting the diverse roles and experience levels within the company. Morgan Wealth Management Group’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.
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Current Job Openings at Morgan Wealth Management Group

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

How does Morgan Wealth Management Group’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Morgan Wealth Management Group
Business Services
Penncorp Group Management Inc
Lakeshore Management Group Pinnacle Inc
Industry Comparison
Our data shows that, on average, compensation at Morgan Wealth Management Group is below the average for the U.S. Business Services industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Morgan Wealth Management Group average annual salary with several similar companies. Morgan Wealth Management Group average salary of $97,421 is higher than Penncorp Group Management Inc, which has an average salary of $97,179. It is higher than Lakeshore Management Group Pinnacle Inc, with their average salary at $96,820. This places Morgan Wealth Management Group in a competitive position among its peers.
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Employee Reviews: Working at Morgan Wealth Management Group

Considering a career at Morgan 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.
They consistently provide constructive feedback and opportunities for me to shine. Benefits are okay; nothing stands out significantly. This company is driven by a strong vision and strategic clarity, which makes it easier to align individual goals with broader organizational success. Learning is constant, and feedback is always welcomed.
I appreciate the transparency from leadership. Training is standardized and somewhat basic. The benefits package and work-life balance policies are excellent. This principled approach makes me genuinely proud to be part of this organization and its positive impact. The team culture is collaborative and respectful, fostering open communication and shared success. Good experience overall, and it is ...
Friendly and professional coworkers daily. Collaboration across departments is encouraged, making projects enjoyable and productive. It gives me peace of mind knowing that my family and I are well-covered.

Morgan Wealth Management Group Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Business Services
Headquarter Address
50 S 1st St Saint Charles Illinois IL 60174
Revenue
<$5 Million
Phone Number
+1 6303132460
Social Media
About Morgan Wealth Management Group
Morgan 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 Saint Charles, Illinois.

What Benefits Does Morgan Wealth Management Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Morgan 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)
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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 Morgan 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 Morgan 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 Morgan 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 Morgan Wealth Management Group

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

The typical annual salary range for most roles at Morgan Wealth Management Group is approximately from $85,606 to $110,257. 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 Morgan Wealth Management Group pay compared to Penncorp Group Management Inc?

The average annual salary at Morgan Wealth Management Group is $97,421, or an hourly wage of $47, in comparison to Penncorp Group Management Inc which pays $97,179 per year or $47 per hour.

3. How does experience level affect salary at Morgan Wealth Management Group?

Experience level is a significant factor in determining salary at Morgan Wealth Management Group, 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 Morgan Wealth Management Group in Chicago is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Morgan Wealth Management Group?

Several key factors influence salary levels at Morgan Wealth Management Group. 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: Morgan Wealth Management Group likely benchmarks its salaries against other companies in the Business Services sector. You can explore how these factors play out in our detailed salary data.