Where is MAG FINANCIAL Inc located?

MAG FINANCIAL Inc is headquartered in Cerritos, California, but may have operations in other locations within the Financial Services sector.

What does MAG FINANCIAL Inc do?

According to the company's overview, Mag Financial Inc is a company that operates in the Financial Services industry.

What industry is MAG FINANCIAL Inc in?

MAG FINANCIAL Inc operates in the Financial Services industry.

MAG FINANCIAL Inc Average Salary, Pay Ranges & Benefits

MAG FINANCIAL Inc Salary

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Salary at MAG FINANCIAL Inc

Current Job Openings at MAG FINANCIAL Inc

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Is MAG FINANCIAL Inc’s Pay Competitive? Salary Benchmarking Analysis

How does MAG FINANCIAL 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
Citi Financial	$98,244	-2.8%	Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Bk Financial Corp	$114,309	+13.1%	Reflects a supply-demand imbalance for the specific talent Bk Financial Corp targets.
Mvp Financial Inc	$90,649	-10.3%	Mvp Financial Inc focuses strategically on recruiting and training entry-level apprentices.
Tiverton Advisors LLC	$86,061	-14.9%	Typical compensation structure for smaller regional agencies like Tiverton Advisors LLC.
Financial Services Industry	$121,514	+20.2%	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.

How MAG FINANCIAL Inc's Salaries Compare to Similar Companies?

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

Citi Financial

$98,244 / year

Salary Range: $86,146 - $111,367

Modesto, CA

Bk Financial Corp

$114,309 / year

Salary Range: $100,240 - $129,585

Sunnyvale, CA

Mvp Financial Inc

$90,649 / year

Salary Range: $79,494 - $102,758

Clovis, CA

Tiverton Advisors LLC

$86,061 / year

Salary Range: $75,489 - $97,515

Raleigh, NC

Dsi Liquidating Corp

$106,028 / year

Salary Range: $92,973 - $120,195

Greenwich, CT

Lehne Holdings Inc

$88,318 / year

Salary Range: $77,450 - $100,124

Roseburg, OR

Schi Holdings Inc

$94,056 / year

Salary Range: $82,481 - $106,623

Honolulu, HI

Montana Family Mortgage

$77,707 / year

Salary Range: $68,122 - $88,113

Missoula, MT

Js Holdings LLC

$102,917 / year

Salary Range: $90,224 - $116,708

Hampton Bays, NY

Employee Reviews: Working at MAG FINANCIAL Inc

Considering a career at MAG FINANCIAL 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.

Work can be repetitive, and promotion opportunities are limited. I felt fully integrated within weeks, not months. Overall, it’s a stable and rewarding financial services firm. Institutional knowledge isn't siloed with individuals. Clear vision from leadership.

Commented in April 20, 2025

27

1

It feels like a true partnership working towards common goals for our clients. We're encouraged to think outside the box to find the best financial solutions for our clients. This financial institution provides employees with best-in-class technology resources. Regulatory changes are communicated clearly. Crisis management is handled with calm competence. Resources are ample, allowing us to focus ...

Commented in May 16, 2024

34

1

Supportive team environment with focus on work-life balance. Training programs exist but vary in effectiveness and frequency. We're empowered to make reasonable exceptions. The company genuinely cares about its employees' well-being.

Commented in January 11, 2024

10

3

What Benefits Does MAG FINANCIAL Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. MAG FINANCIAL 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at MAG FINANCIAL Inc.

Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from MAG FINANCIAL Inc, 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 MAG FINANCIAL Inc salary. Location choices impact this heavily.
Utilities (Basic)	$150 - $250	Electricity, Heating, Cooling, Water etc.
Public Transportation	$100 (Metro TAP card varies)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$450 - $700	Can be higher with more dining out or specialty stores.
Personal & Leisure	$500 - $1,000+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$350 - $700+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$4,050 - $6,450+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MAG FINANCIAL Inc

1. How much does MAG FINANCIAL Inc in the United States pay?

MAG FINANCIAL Inc pays its employees an average of $101,081 per year. The average salary at MAG FINANCIAL Inc range from $88,639 to $114,586 per year. 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. Do MAG FINANCIAL Inc employees get a higher salary than its peer company?

The salary at MAG FINANCIAL Inc is higher than its peer company. The average annual salary at MAG FINANCIAL Inc is $101,081, or an hourly wage of $49, in comparison to Citi Financial which pays $98,244 per year or $47 per hour.

3. How much does salary increase with years of experience at MAG FINANCIAL Inc?

Salary progression with years of experience at MAG FINANCIAL Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at MAG FINANCIAL Inc vary by office location?

Yes, it's very likely that salaries at MAG FINANCIAL Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Los Angeles section provides more context.

5. Does MAG FINANCIAL Inc offer good benefits?

MAG FINANCIAL Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at MAG FINANCIAL Inc" section on this page.