Schmidt Wealth Management Salary

Schmidt Wealth Management Salary

How much does the Schmidt Wealth Management Pay for employees?

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As of August 2026, the average annual salary for employees at Schmidt Wealth Management in the United States is $83,392. This translates to an approximate hourly wage of $40. Salaries at Schmidt Wealth Management typically range from $73,152 to $94,503 annually, reflecting the diverse roles and experience levels within the company. Schmidt 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 Schmidt Wealth Management Pay for Different Roles?

Explore detailed salary information for specific jobs at Schmidt 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.
How accurate does the salary look to you?

Current Job Openings at Schmidt Wealth Management

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

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

How does Schmidt 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
180k
150k
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90k
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Average Salary ($/year)
Schmidt Wealth Management
Financial Services
The Personal Wealth Coach®
Harvest Partners Financial
Industry Comparison
Our data shows that, on average, compensation at Schmidt Wealth Management is below the average for the U.S. Financial Services industry by approximately 31%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Schmidt Wealth Management average annual salary with several similar companies. Schmidt Wealth Management average salary of $83,392 is higher than The Personal Wealth Coach®, which has an average salary of $80,302. It is lower than Harvest Partners Financial, with their average salary at $90,892. This places Schmidt Wealth Management in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Schmidt Wealth Management's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Schmidt Wealth Management

Considering a career at Schmidt 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.
Dynamic workplace with constant learning. Travel policies are employee-friendly. The leadership is strategic and open to employee feedback, which fosters a positive atmosphere. It’s a steady job, and it is somehow one that fosters creativity. Supportive team, clear expectations, and meaningful work define this organization.
Commented in April 19, 2025
13
1
Managers encourage feedback and professional development. Coworkers are driven and respectful, and leadership consistently promotes internal growth. This investment in growth is remarkable. It's fulfilling to know our work genuinely helps people achieve their financial objectives. Competitive salary and benefits package. I'm constantly learning new things and developing my skills in the financial ...
Commented in June 18, 2024
24
0
In the fast-paced financial industry, this company excels at promoting work-life balance. The compensation package is attractive and reflects the industry standards. Technology investments are cutting-edge but user-friendly. The environment is demanding but fair.
Commented in February 19, 2024
9
1

Schmidt Wealth Management Overview

Website
www.schmidtwealth.com
Founded In
2000
Employees
<25 employees
Industry
Financial Services
Headquarter Address
4650 26th Ave S Fargo North Dakota ND 58104
Revenue
<$5 Million
Phone Number
+1 7014788787
Social Media
About Schmidt Wealth Management
For over 30 years we have been specializing in fiduciary wealth management for physicians, corporate executives and entrepreneurs. Jim Schmidt is a fee based fiduciary advisor in Fargo. As a registered investment advisor (RIA), Certified Public Accountant (CPA), Accredited Estate Planner (AEP®), independent financial advisor, financial planner, and investment advisor, Jim strives to help you meet

What Benefits Does Schmidt Wealth Management Offer Beyond Salary?

A competitive compensation package is more than just a salary. Schmidt 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 Fargo?

Understanding the cost of living near Fargo is key to truly evaluating a salary offer or your current compensation at Schmidt Wealth Management.
Fargo's Cost of Living Index is approximately 90.8 (9.2% less expensive than US average; 4.9% less than ND average). Largest ND city (NDSU), affordable housing, cold winters. MATBUS. When planning your budget based on a salary from Schmidt Wealth Management, 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 Schmidt Wealth Management salary. Location choices impact this heavily.
Utilities (Basic) $120 - $220 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (MATBUS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,125 - $3,425+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Schmidt Wealth Management

1. What is the estimated average total compensation at Schmidt Wealth Management?

Salary.com estimates that the average total compensation package at Schmidt Wealth Management, which can include base salary, potential bonuses, and benefits, is around $83,392 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Schmidt Wealth Management pay compared to The Personal Wealth Coach®?

The average annual salary at Schmidt Wealth Management is $83,392, or an hourly wage of $40, in comparison to The Personal Wealth Coach® which pays $80,302 per year or $39 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Schmidt Wealth Management?

Salary progression from an entry-level to a senior role at Schmidt Wealth Management can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Schmidt Wealth Management in Fargo is fair given the local cost of living?

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

5. Are promotions at Schmidt Wealth Management usually accompanied by a significant salary increase?

Yes, promotions at Schmidt Wealth Management are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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