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Discovery Financial Salary

Discovery Financial Salary

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As of September 2026, the average annual salary for employees at Discovery Financial in the United States is $90,481. This translates to an approximate hourly wage of $44. Salaries at Discovery Financial typically range from $79,356 to $102,551 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Discovery Financial Pay for Different Roles?

Explore detailed salary information for specific jobs at Discovery Financial. Based on our data, the highest paying job is the Investment Advisor, with an annual salary of $194,565. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Discovery Financial’s Pay Competitive? Salary Benchmarking Analysis

How does Discovery Financial'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
Kore Private Wealth LLC $109,077
+20.6%
Driven by niche technical certifications required for Kore Private Wealth LLC's specialized projects.
Oxford Harriman & Co $88,709
-2.0%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Axle Payments $109,541
+21.1%
Adjusted for higher cost-of-living indices in Axle Payments's primary metro hubs.
ERG Capital Partners LLC $103,592
+14.5%
Supported by ERG Capital Partners LLC's high-margin contracts allowing higher overhead.
Financial Services Industry $121,514
+34.3%
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.

How Discovery Financial's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Discovery Financial

Considering a career at Discovery Financial? 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.
Structure supports long-term careers. Employee recognition here feels authentic. Despite having employees, the organization maintains agility, embracing cutting-edge technology and modern financial solutions. The company embraces change and stays current with trends in fintech.
Commented in May 27, 2025
15
2
Coworker interaction is limited to work-related tasks. It’s an environment that encourages learning and celebrates achievements. This culture of respect, trust, and innovation makes it an excellent place to work. However, opportunities for rapid advancement are limited unless you’re in a leadership track. Work environment supports diversity and inclusion. I’m proud to work at a company that priori...
Commented in December 03, 2024
30
2
Hiring standards are high but fair. Seeing our positive client reviews is incredibly rewarding. From AI-driven analytics to seamless digital platforms, we have the tools to excel in our roles.
Commented in March 01, 2024
30
3

Discovery Financial Overview

Website
www.discoveryfinancial.com
Founded In
1992
Employees
<25 employees
Industry
Financial Services
Headquarter Address
307 Dakota St Red Wing Minnesota MN 55066
Revenue
$10 Million - $50 Million
Phone Number
+1 6513889594
Social Media
About Discovery Financial
Established in 1992, Discovery Financial serves clients throughout the Upper Midwest and nationally from Minnesota offices located in Red Wing, Lakeville, Rochester and Oakdale. Discovery Financial is owned and managed by three partners, Matt Hardyman, Tim Kelly and Doug Ritter.

What Benefits Does Discovery Financial Offer Beyond Salary?

A competitive compensation package is more than just a salary. Discovery Financial 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Discovery Financial.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Discovery Financial, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Discovery Financial salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Discovery Financial

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

Salary.com estimates that the average total compensation package at Discovery Financial, which can include base salary, potential bonuses, and benefits, is around $90,481 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Discovery Financial pay compared to Kore Private Wealth LLC?

The average annual salary at Discovery Financial is $90,481, or an hourly wage of $44, in comparison to Kore Private Wealth LLC which pays $109,077 per year or $52 per hour.

3. Do salaries differ significantly between departments at Discovery Financial?

Yes, salaries often differ between departments at Discovery Financial 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 Discovery Financial?

Salary progression from an entry-level to a senior role at Discovery Financial 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 Discovery Financial in Minneapolis is fair given the local cost of living?

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

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

Yes, promotions at Discovery Financial 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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