Tovar Financial Group Salary

How much does the Tovar Financial Group Pay for employees?

As of August 2026, the average annual salary for employees at Tovar Financial Group in the United States is $79,110. This translates to an approximate hourly wage of $38. Salaries at Tovar Financial Group typically range from $69,606 to $89,442 annually, reflecting the diverse roles and experience levels within the company. Tovar Financial 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.

How Much Does Tovar Financial Group Pay for Different Roles?

Explore detailed salary information for specific jobs at Tovar Financial Group. 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 Tovar Financial Group

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

Is Tovar Financial Group’s Pay Competitive? Salary Benchmarking Analysis

How does Tovar Financial 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)
Tovar Financial Group
Insurance
Samuel C Hoff Agency
Cascade Valley Insurance
Industry Comparison
Our data shows that, on average, compensation at Tovar Financial Group is below the average for the U.S. Insurance industry by approximately 36%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Tovar Financial Group average annual salary with several similar companies. Tovar Financial Group average salary of $79,110 is lower than Samuel C Hoff Agency, which has an average salary of $90,765. It is lower than Cascade Valley Insurance, with their average salary at $94,858. This places Tovar Financial Group in a developing 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.

Employee Reviews: Working at Tovar Financial Group

Considering a career at Tovar Financial 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.
While innovation isn’t the fastest here, processes are reliable. The team is competent, though collaboration varies by department. The hybrid work model is a big plus, allowing flexibility without sacrificing productivity. It’s a company that values its employees while maintaining high industry standards.
Fair compensation. The workload is manageable, and the company offers good health benefits. It’s a good place for those who prefer routine tasks with minimal surprises. Management is transparent, and career progression is possible. Great culture. For anyone looking to grow in insurance, this is a great choice. Leadership is accessible, and the work culture is motivating.
The insurance products are high-quality, making client work easier. Benefits like health insurance and performance bonuses are appreciated. A top employer in the insurance sector. Benefits like wellness programs and bonuses add value.

Tovar Financial Group Overview

Website
www.tovarfinancialgroup.com
Founded In
2003
Employees
<25 employees
Industry
Insurance
Headquarter Address
204 E Edinburg Ave Elsa Texas TX 78543
Revenue
<$5 Million
Phone Number
+1 9562629209
Social Media
About Tovar Financial Group
At Tovar Financial Group we are committed and dedicated to help families meet their insurance and financial needs. Gabriel Tovar has been in the Insurance and Financial profession for over 17 years and established Tovar Financial Group in Austin, TX in 2003. Gabriel is currently in the Rio Grande Valley (McAllen/ Weslaco/ Elsa /Harlingen) but can accommodate the needs in areas like Austin, San Ant

What Benefits Does Tovar Financial Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Tovar Financial 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 El Paso?

Understanding the cost of living near El Paso is key to truly evaluating a salary offer or your current compensation at Tovar Financial Group.
El Paso's Cost of Living Index is approximately 81.8 (18.2% less expensive than US average; 12.0% less than TX average). Border city, very affordable housing. Sun Metro. When planning your budget based on a salary from Tovar Financial Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Tovar Financial Group salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $36 (Sun Metro monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,036 - $3,206+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Tovar Financial Group

1. What is the estimated average total compensation at Tovar Financial Group?

Salary.com estimates that the average total compensation package at Tovar Financial Group, which can include base salary, potential bonuses, and benefits, is around $79,110 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Tovar Financial Group pay compared to Samuel C Hoff Agency?

The average annual salary at Tovar Financial Group is $79,110, or an hourly wage of $38, in comparison to Samuel C Hoff Agency which pays $90,765 per year or $44 per hour.

3. Do salaries differ significantly between departments at Tovar Financial Group?

Yes, salaries often differ between departments at Tovar Financial Group due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Tovar Financial Group?

Salary progression from an entry-level to a senior role at Tovar Financial Group 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.

5. How can I determine if a salary offer from Tovar Financial Group in El Paso is fair given the local cost of living?

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

6. Are promotions at Tovar Financial Group usually accompanied by a significant salary increase?

Yes, promotions at Tovar Financial Group 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.