Diversified Brokerage Services Inc Salary

As of August 2026, the average hourly salary for employees at Diversified Brokerage Services Inc in the United States is $50. This translates to an approximate annual wage of $104,847. Salaries at Diversified Brokerage Services Inc typically range from $44 to $57 hourly, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Is Diversified Brokerage Services Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Diversified Brokerage Services 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
The Burchfield Group Inc $50
-1.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Doctus $59
+16.7%
Influenced by prevailing union wage agreements specific to Doctus's sector.
Beehive Insurance Agency Inc $45
-11.6%
Beehive Insurance Agency Inc focuses strategically on recruiting and training entry-level apprentices.
Reliable Insurance Services $52
+2.6%
Confirms Reliable Insurance Services is a direct competitor vying for the exact same talent pool.
Insurance Industry $60
+18.1%
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 Diversified Brokerage Services Inc

Considering a career at Diversified Brokerage Services 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.
While challenges arise, the support system here makes overcoming them manageable. The insurance sector experience gained here is valuable. The work-life balance is respected, with flexible scheduling options for many roles. Colleagues are respectful, and the office environment is comfortable.
Workloads are reasonable, and benefits are excellent. The insurance products are reputable, adding credibility to daily tasks. Friendly workplace, modern office. The company provides a stable and rewarding career in the insurance industry. The company’s reputation in insurance adds credibility to my career. I’ve grown professionally since joining and would recommend it to anyone seeking stability ...
It’s a company that cares about its employees while delivering quality service. My role here has been consistent and straightforward. I’ve had the chance to work on impactful projects and develop new skills. The compensation is fair, with performance-based bonuses that motivate us to excel.
Day-to-day operations run efficiently, and colleagues are competent. The work-life balance is fair, and the benefits are competitive. The company also engages in meaningful corporate social responsibility efforts.

Diversified Brokerage Services Inc Overview

Website
www.dbs-lifemark.com
Founded In
1968
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
5501 Excelsior Blvd Minneapolis Minnesota MN 55416
Revenue
$10 Million - $50 Million
Phone Number
+1 8008691327
Social Media
About Diversified Brokerage Services Inc
DBS Diversified Brokerage Services overs a variety of different life insurance policies, disability income, long term care and critical illness insurance services, and annuity services.

What Benefits Does Diversified Brokerage Services Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Diversified Brokerage Services 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)
Work at Diversified Brokerage Services Inc?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

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 Diversified Brokerage Services Inc.
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 Diversified Brokerage Services Inc, 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 Diversified Brokerage Services Inc 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 Diversified Brokerage Services Inc

1. What is the typical salary range (low to high) for most roles at Diversified Brokerage Services Inc?

The typical salary range for most roles at Diversified Brokerage Services Inc is approximately from $44 to $57 per hour. 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 Diversified Brokerage Services Inc pay compared to The Burchfield Group Inc?

The average annual salary at Diversified Brokerage Services Inc is $104,847, or an hourly wage of $50, in comparison to The Burchfield Group Inc which pays $103,286 per year or $50 per hour.

3. Do salaries differ significantly between departments at Diversified Brokerage Services Inc?

Yes, salaries often differ between departments at Diversified Brokerage Services Inc 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. How does experience level affect salary at Diversified Brokerage Services Inc?

Experience level is a significant factor in determining salary at Diversified Brokerage Services Inc, 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.

5. How can I determine if a salary offer from Diversified Brokerage Services Inc in Minneapolis is fair given the local cost of living?

To determine if a salary offer from Diversified Brokerage Services Inc in Minneapolis is fair, first compare the gross salary to our data for similar roles at Diversified Brokerage Services Inc 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. What factors influence salary increases at Diversified Brokerage Services Inc?

Salary increases at Diversified Brokerage Services Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.