Channel Financial Salary

As of August 2026, the average annual salary for employees at Channel Financial in the United States is $96,050. This translates to an approximate hourly wage of $46. Salaries at Channel Financial typically range from $84,250 to $108,843 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Channel Financial Pay for Different Roles?

Explore detailed salary information for specific jobs at Channel Financial. Based on our data, the highest paying job is the Retirement Plan Consultant, with an annual salary of $57,957. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Channel Financial

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

Is Channel Financial’s Pay Competitive? Salary Benchmarking Analysis

How does Channel 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
Centennial Capital Partners $91,061
-5.2%
Centennial Capital Partners may offer non-monetary perks in lieu of competitive base salaries.
Tidal Commerce $94,964
-1.1%
Indicates identical technical requirements and experience levels between the two firms.
Bankof Oklahoma $95,417
-0.7%
Confirms Bankof Oklahoma is a direct competitor vying for the exact same talent pool.
company PUBLIC EQUITIES LLC $109,541
+14.0%
Influenced by prevailing union wage agreements specific to company PUBLIC EQUITIES LLC's sector.
Financial Services Industry $121,514
+26.5%
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 Channel Financial

Considering a career at Channel 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.
This professional environment is highly motivating and creates a stimulating workplace where best practices are shared, and collective expertise elevates our performance. My role is challenging and fulfilling. Great company with a mission-driven culture. Training and development are available but lack consistency. Ideal for those who enjoy consistency and prefer working within defined boundaries.
The company fosters a culture of respect, innovation, and accountability. The job is consistent and moderately challenging. The company invests heavily in employee development through mentorship programs, sponsored certifications, and leadership training. Technology investments make our jobs easier and more efficient. That makes it easier to stay motivated and proud of the work we do every day. Th...
Positive, motivating culture boosts productivity daily. Industry reputation opens doors. Benefits are solid, although pay raises are infrequent.

Channel Financial Overview

Website
www.channelfinancial.com
Founded In
2003
Employees
<25 employees
Industry
Financial Services
Headquarter Address
7500 Olson Memorial Hwy Golden Valley Minnesota MN 55427
Revenue
$5 Million - $10 Million
Phone Number
+1 8773337535
Social Media
About Channel Financial
Who We Are: Channel Financial is a leading independent retirement plan consulting firm. Our mission is to help protect fiduciaries from the personal and corporate liability related to the retirement plan, while enhancing potential investment opportunities and ultimately helping participants achieve financial security. In helping plan sponsors deliver the highest quality retirement programs, we see

What Benefits Does Channel Financial Offer Beyond Salary?

A competitive compensation package is more than just a salary. Channel 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 Channel 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 Channel 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 Channel 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 Channel Financial

1. What is the typical salary range (low to high) for most roles at Channel Financial?

The typical annual salary range for most roles at Channel Financial is approximately from $84,250 to $108,843. 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. How much does Channel Financial pay compared to Centennial Capital Partners?

The average annual salary at Channel Financial is $96,050, or an hourly wage of $46, in comparison to Centennial Capital Partners which pays $91,061 per year or $44 per hour.

3. How does experience level affect salary at Channel Financial?

Experience level is a significant factor in determining salary at Channel Financial, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Channel Financial in Minneapolis is fair given the local cost of living?

To determine if a salary offer from Channel Financial in Minneapolis is fair, first compare the gross salary to our data for similar roles at Channel 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.

5. What are the key factors that influence salary levels at Channel Financial?

Several key factors influence salary levels at Channel Financial. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Channel Financial likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.