Daven Financial Services Salary

As of October 2026, the average annual salary for employees at Daven Financial Services in the United States is $103,908. This translates to an approximate hourly wage of $50. Salaries at Daven Financial Services typically range from $91,425 to $117,488 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Daven Financial Services Pay for Different Roles?

Explore detailed salary information for specific jobs at Daven Financial Services. Based on our data, the highest paying job is the President, with an annual salary of $804,342. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Daven Financial Services’s Pay Competitive? Salary Benchmarking Analysis

How does Daven Financial Services's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Life Services Plus LLC $105,079
+1.1%
Confirms Life Services Plus LLC is a direct competitor vying for the exact same talent pool.
The Ohlson Group Inc $87,749
-15.6%
The Ohlson Group Inc focuses strategically on recruiting and training entry-level apprentices.
Railroad Marketing Specialists $90,702
-12.7%
Railroad Marketing Specialists may offer non-monetary perks in lieu of competitive base salaries.
Leaders Life $82,538
-20.6%
Reflects market rates for standard general contracting, differing from specialized roles.
Insurance Industry $123,858
+19.2%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Daven Financial Services

Considering a career at Daven Financial Services? 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 leadership is visionary, and employees are treated with respect. Overall, it’s a stable and supportive workplace where employees are valued. Benefits like health plans and retirement options are excellent. The office environment is professional, though some departments have more interaction than others.
I’ve been impressed by the company’s commitment to employee well-being. The workplace culture is inclusive, and team collaboration is highly encouraged. The company follows industry standards closely, ensuring compliance and efficiency. The insurance products we handle are diverse, keeping the job interesting. It’s a forward-thinking employer in the insurance space. I appreciate the company’s comm...
The onboarding process was smooth, and I felt supported from day one. The pay is fair, though bonuses could be better. A forward-thinking insurance firm. The benefits package, including health insurance and retirement plans, is competitive. It’s a company that cares about its employees while delivering quality service.

Daven Financial Services Overview

Website
www.davenfinancial.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Insurance
Headquarter Address
266 State Rte 34 Matawan New Jersey NJ 07747
Revenue
<$5 Million
Phone Number
+1 7325662000
Social Media
About Daven Financial Services
Our constant dedication and passion to our work creates the trust and confidence our clients seek. Because Daven Financial Services is not associated with any one insurance company, each personalized consultation is unbiased, and affords not only the best personalization for our clients, but some of the most competitive rates available today. Choose to secure your future today. Have us provide you

What Benefits Does Daven Financial Services Offer Beyond Salary?

A competitive compensation package is more than just a salary. Daven Financial Services 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Daven Financial Services.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Daven Financial Services, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Daven Financial Services salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Daven Financial Services

1. What is the estimated average total compensation at Daven Financial Services?

Salary.com estimates that the average total compensation package at Daven Financial Services, which can include base salary, potential bonuses, and benefits, is around $103,908 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Daven Financial Services pay compared to Life Services Plus LLC?

The average annual salary at Daven Financial Services is $103,908, or an hourly wage of $50, in comparison to Life Services Plus LLC which pays $105,079 per year or $51 per hour.

3. Do salaries differ significantly between departments at Daven Financial Services?

Yes, salaries often differ between departments at Daven Financial Services 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 Daven Financial Services?

Salary progression from an entry-level to a senior role at Daven Financial Services 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 Daven Financial Services in Jersey City is fair given the local cost of living?

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

6. Are promotions at Daven Financial Services usually accompanied by a significant salary increase?

Yes, promotions at Daven Financial Services 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.