Somar Capital Management Salary

How much does the Somar Capital Management Pay for employees?

As of August 2026, the average annual salary for employees at Somar Capital Management in the United States is $106,282. This translates to an approximate hourly wage of $51. Salaries at Somar Capital Management typically range from $93,221 to $120,427 annually, reflecting the diverse roles and experience levels within the company. Somar Capital 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 Somar Capital Management Pay for Different Roles?

Explore detailed salary information for specific jobs at Somar Capital 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 Somar Capital Management

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

Is Somar Capital Management’s Pay Competitive? Salary Benchmarking Analysis

How does Somar Capital 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)
Somar Capital Management
Financial Services
NIE Ltd
Kepecs Financial Group
Industry Comparison
Our data shows that, on average, compensation at Somar Capital Management is below the average for the U.S. Financial Services industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Somar Capital Management average annual salary with several similar companies. Somar Capital Management average salary of $106,282 is higher than NIE Ltd, which has an average salary of $90,175. It is lower than Kepecs Financial Group, with their average salary at $107,147. This places Somar Capital Management in a mid-range position among its peers.
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Employee Reviews: Working at Somar Capital Management

Considering a career at Somar Capital 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.
The company's reputation in the industry is stellar, providing pride in our work. Benefits are comprehensive, including excellent health coverage and retirement plans. Working here has significantly expanded my technical skills while maintaining the importance of client relationships. Workload distribution is managed thoughtfully.
It’s a high-performing yet people-first workplace. This cooperative spirit makes challenging projects enjoyable and productive. I’ve never felt more included or respected. I appreciate how the company adapts to market changes while maintaining a people-focused culture. It’s inspiring to work for a financial institution that truly walks the talk when it comes to DEI. Communication between departmen...
Employee resource groups foster connections beyond work responsibilities. Communication is formal but reliable. Work is steady, and expectations are clear. Internal mobility is real, and continuous improvement is encouraged.

Somar Capital Management Overview

Website
www.somarcap.com
Founded In
2015
Employees
<25 employees
Industry
Financial Services
Headquarter Address
350 Park Ave New York City New York NY 10022
Revenue
<$5 Million
Phone Number
+1 6465816842
Social Media
About Somar Capital Management
Somar Capital Management is a company that operates in the Financial Services industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in New York City, New York.

What Benefits Does Somar Capital Management Offer Beyond Salary?

A competitive compensation package is more than just a salary. Somar Capital 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Somar Capital Management.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Somar Capital Management, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Somar Capital Management salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Somar Capital Management

1. How much does Somar Capital Management in the United States pay?

Somar Capital Management pays its employees an average of $106,282 per year. The average salary at Somar Capital Management range from $93,221 to $120,427 per year. 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 Somar Capital Management employees get a higher salary than its peer company?

The salary at Somar Capital Management is higher than its peer company. The average annual salary at Somar Capital Management is $106,282, or an hourly wage of $51, in comparison to NIE Ltd which pays $90,175 per year or $43 per hour.

3. How much does salary increase with years of experience at Somar Capital Management?

Salary progression with years of experience at Somar Capital Management 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 Somar Capital Management vary by office location?

Yes, it's very likely that salaries at Somar Capital Management 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 New York section provides more context.

5. Does Somar Capital Management offer good benefits?

Somar Capital Management 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 Somar Capital Management" section on this page.