Somerset Advisory Salary

Somerset Advisory Salary

How much does the Somerset Advisory Pay for employees?

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As of August 2026, the average annual salary for employees at Somerset Advisory in the United States is $84,394. This translates to an approximate hourly wage of $41. Salaries at Somerset Advisory typically range from $74,179 to $95,490 annually, reflecting the diverse roles and experience levels within the company. Somerset Advisory’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 Somerset Advisory Pay for Different Roles?

Explore detailed salary information for specific jobs at Somerset Advisory. 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 Somerset Advisory

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

Is Somerset Advisory’s Pay Competitive? Salary Benchmarking Analysis

How does Somerset Advisory’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)
Somerset Advisory
Business Services
Branum Law Firm PLLC
Oscar & Associates Inc
Industry Comparison
Our data shows that, on average, compensation at Somerset Advisory is below the average for the U.S. Business Services industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Somerset Advisory average annual salary with several similar companies. Somerset Advisory average salary of $84,394 is higher than Branum Law Firm PLLC, which has an average salary of $79,764. It is lower than Oscar & Associates Inc, with their average salary at $100,195. This places Somerset Advisory 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 Somerset Advisory's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Somerset Advisory

Considering a career at Somerset Advisory? 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.
Managers are fair but largely hands-off. Tasks are predictable, and deadlines are reasonable. There’s a clear process for knowledge transfer and a supportive attitude from everyone involved. They keep us informed at every step, ensuring transparency.
Commented in April 28, 2025
35
2
Employees have opportunities to move into different roles based on performance. Performance is regularly acknowledged through feedback and recognition programs. We are always encouraged to share knowledge and learn from each other. While the company offers stability and job security, opportunities for upward movement are limited unless you're in specific departments. Managers recognize potential a...
Commented in November 07, 2024
30
0
I’ve had an extremely positive experience working here. I’ve received recognition for my contributions, which boosts morale and motivation. The opportunity to work on diverse and challenging financial projects means I'm constantly learning and expanding my skillset.
Commented in July 18, 2024
30
3

Somerset Advisory Overview

Website
www.somersetadvisory.com
Founded In
2018
Employees
<25 employees
Industry
Business Services
Headquarter Address
2231 20th Ave S Birmingham Alabama AL 35223
Revenue
<$5 Million
Phone Number
+1 2055187494
Social Media
About Somerset Advisory
Somerset Advisory is a wealth management firm in Alabama specializing in family financial planning. Get to know the financial advisors and the company today!

What Benefits Does Somerset Advisory Offer Beyond Salary?

A competitive compensation package is more than just a salary. Somerset Advisory 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 Birmingham?

Understanding the cost of living near Birmingham is key to truly evaluating a salary offer or your current compensation at Somerset Advisory.
Birmingham's Cost of Living Index is approximately 79.5 (20.5% less expensive than US average; 3.4% less than AL average). Primary driver is significantly lower housing costs. When planning your budget based on a salary from Somerset Advisory, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Somerset Advisory salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 - $60 (MAX Transit Monthly Pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $300 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,040 - $3,460+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Somerset Advisory

1. How much does Somerset Advisory in the United States pay?

Somerset Advisory pays its employees an average of $84,394 per year. The average salary at Somerset Advisory range from $74,179 to $95,490 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 Somerset Advisory employees get a higher salary than its peer company?

The salary at Somerset Advisory is higher than its peer company. The average annual salary at Somerset Advisory is $84,394, or an hourly wage of $41, in comparison to Branum Law Firm PLLC which pays $79,764 per year or $38 per hour.

3. What are the highest paying jobs at Somerset Advisory?

The higher-paying job at Somerset Advisory, according to our data, include Consultant (avg. $88,385 per year), Financial Advisor (avg. $43,419 per year), and Client Ambassador (avg. $33,674 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Somerset Advisory?

Salary progression with years of experience at Somerset Advisory 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.

5. Do salaries at Somerset Advisory vary by office location?

Yes, it's very likely that salaries at Somerset Advisory 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 Birmingham section provides more context.

6. Does Somerset Advisory offer good benefits?

Somerset Advisory 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 Somerset Advisory" section on this page.

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