Parks Wealth Management Salary

How much does the Parks Wealth Management Pay for employees?

As of August 2026, the average annual salary for employees at Parks Wealth Management in the United States is $100,849. This translates to an approximate hourly wage of $48. Salaries at Parks Wealth Management typically range from $88,639 to $114,098 annually, reflecting the diverse roles and experience levels within the company. Parks Wealth Management’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 Parks Wealth Management Pay for Different Roles?

Explore detailed salary information for specific jobs at Parks Wealth Management. 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.
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Current Job Openings at Parks Wealth Management

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

Is Parks Wealth Management’s Pay Competitive? Salary Benchmarking Analysis

How does Parks Wealth Management’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)
Parks Wealth Management
Business Services
MoreHouse Property Management Inc
Robinson Burns LLC
Industry Comparison
Our data shows that, on average, compensation at Parks Wealth Management is below the average for the U.S. Business Services industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Parks Wealth Management average annual salary with several similar companies. Parks Wealth Management average salary of $100,849 is higher than MoreHouse Property Management Inc, which has an average salary of $84,141. It is lower than Robinson Burns LLC, with their average salary at $101,029. This places Parks Wealth Management in a mid-range position among its peers.
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Employee Reviews: Working at Parks Wealth Management

Considering a career at Parks Wealth Management? 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.
Hackathons and innovation challenges happen regularly across departments. Management provides necessary support but doesn’t often solicit feedback. The work-life balance is fantastic! Management understands the importance of personal time, offering flexible arrangements when needed. It’s a motivating and respectful work environment. Work environment is professional yet quiet.
Good experience overall, and it is particularly inspiring or innovative. Standard business solutions. Leadership promotes innovation and growth. From specialized financial workshops to support for industry certifications, the company ensures we stay ahead in a dynamic market. It demonstrates a true investment in developing talent from within the company, which is greatly appreciated by all employe...
I appreciate the transparency from leadership. The people I met were genuinely interested in finding the right fit, not just filling a seat. The networking opportunities are fantastic.

Parks Wealth Management Overview

Website
www.parkswm.com
Founded In
2000
Employees
<25 employees
Industry
Business Services
Headquarter Address
216 E Ridgewood Ave Ridgewood New Jersey NJ 07450
Revenue
<$5 Million
Phone Number
+1 2016892020
Social Media
About Parks Wealth Management
Parks Wealth Management selected LPL Financial to provide support for their office and clients in 2000. Their assistance includes access to independent research, state of the art technology, educational opportunities and innovative investment tools to help Parks Wealth Management provide you with exceptional guidance and advice to grow, manage and protect your wealth.

What Benefits Does Parks Wealth Management Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parks Wealth Management 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 Paramus?

Understanding the cost of living near Paramus is key to truly evaluating a salary offer or your current compensation at Parks Wealth Management.
Paramus' Cost of Living Index is approximately 130.8 (30.8% more expensive than US average; 14.6% more than NJ average). Bergen County, major retail hub (no Sunday blue laws for retail), high housing costs. NJ Transit. When planning your budget based on a salary from Parks Wealth Management, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,000 - $2,900+ A significant portion of Parks Wealth Management salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation NJ Transit bus (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $480 - $710 Can be higher with more dining out or specialty stores.
Personal & Leisure $480 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $790+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,560 - $5,490+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Parks Wealth Management

1. What is the average salary for employees at Parks Wealth Management?

The average annual total compensation for employees at Parks Wealth Management is approximately $100,849. However, this is an aggregate figure, actual salaries can range significantly, typically from $88,639 to $114,098, depending on factors like job role, experience, and location.

2. How much does Parks Wealth Management pay compared to MoreHouse Property Management Inc?

The average annual salary at Parks Wealth Management is $100,849, or an hourly wage of $48, in comparison to MoreHouse Property Management Inc which pays $84,141 per year or $40 per hour.

3. What is the lowest salary at Parks Wealth Management?

The lowest-paying job at Parks Wealth Management is a Business Operations Administrator with a salary of $59,228 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Parks Wealth Management?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Parks Wealth Management for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Parks Wealth Management offer cost-of-living adjustments (COLA) for employees in high-cost areas like Paramus?

While some companies offer formal COLA, many, including potentially Parks Wealth Management, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Parks Wealth Management?

Most companies, likely including Parks Wealth Management, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.