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Hanover Securities Inc Salary

Hanover Securities Inc Salary

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As of September 2026, the average annual salary for employees at Hanover Securities Inc in the United States is $83,276. This translates to an approximate hourly wage of $40. Salaries at Hanover Securities Inc typically range from $73,043 to $94,369 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Hanover Securities Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Hanover Securities Inc. Based on our data, the highest paying job is the Managing Director, with an annual salary of $644,633. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Hanover Securities Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Hanover Securities Inc'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
Cogni Inc $107,874
+29.5%
Influenced by prevailing union wage agreements specific to Cogni Inc's sector.
Pac Securities Ltd $97,453
+17.0%
Supported by Pac Securities Ltd's high-margin contracts allowing higher overhead.
Taglich Brothers Inc $101,430
+21.8%
Driven by niche technical certifications required for Taglich Brothers Inc's specialized projects.
Mobipaid SA $85,439
+2.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Financial Services Industry $121,514
+45.9%
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 Hanover Securities Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Hanover Securities Inc

Considering a career at Hanover Securities Inc? 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.
There's a strong focus on innovation and ethical practices. Competitive salary and benefits package. It’s a place where relationships matter, and that makes coming to work enjoyable every day. ERGs have executive sponsorship and budget. Communication is efficient and respectful.
Commented in March 07, 2025
10
2
They actively look for ways to help you achieve your professional financial goals. Leadership trusts employees to deliver and gives us the tools to succeed. However, innovation employee suggestions aren’t always implemented. Introductions to key colleagues are thoughtfully arranged. This financial services company offers an engaging, fast-paced environment that rewards hard work and innovation.
Commented in February 04, 2025
10
1
Workload distribution is carefully monitored. Despite its size, the firm maintains a people-first approach, ensuring workloads are manageable. This leadership style brings out my best work. Performance is expected but rarely celebrated in meaningful ways.
Commented in January 09, 2025
8
2

Hanover Securities Inc Overview

Website
www.hanover-securities.com
Founded In
2016
Employees
<25 employees
Industry
Financial Services
Headquarter Address
6410 Poplar Ave Memphis Tennessee TN 38119
Revenue
<$5 Million
Phone Number
+1 9012615950
Social Media
About Hanover Securities Inc
Hanover Securities is a registered broker-dealer, FINRA and SIPC member, and one of the twelve SBA-approved pool assemblers in the United States. Hanover provides financial institutions with an experienced and cost-effective resource for building more profitable balance sheets by providing a broad range of products. Pools with characteristics of high credit quality, low risk-weighting, and rate se

What Benefits Does Hanover Securities Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Hanover Securities Inc 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 Memphis?

Understanding the cost of living near Memphis is key to truly evaluating a salary offer or your current compensation at Hanover Securities Inc.
Memphis' Cost of Living Index is approximately 79.8 (20.2% less expensive than US average; 11.5% less than TN average). Blues/BBQ, FedEx hub, very affordable housing. MATA bus/trolley. When planning your budget based on a salary from Hanover Securities Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Hanover Securities Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (MATA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Hanover Securities Inc

1. What is the average salary for employees at Hanover Securities Inc?

The average annual total compensation for employees at Hanover Securities Inc is approximately $83,276. However, this is an aggregate figure, actual salaries can range significantly, typically from $73,043 to $94,369, depending on factors like job role, experience, and location.

2. How much does Hanover Securities Inc pay compared to Cogni Inc?

The average annual salary at Hanover Securities Inc is $83,276, or an hourly wage of $40, in comparison to Cogni Inc which pays $107,874 per year or $52 per hour.

3. What is the lowest salary at Hanover Securities Inc?

The lowest-paying job at Hanover Securities Inc is an On Site Supervisor with a salary of $55,489 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Hanover Securities Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Hanover Securities Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Hanover Securities Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Memphis?

While some companies offer formal COLA, many, including potentially Hanover Securities Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Hanover Securities Inc?

Most companies, likely including Hanover Securities Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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