Financial Advisor Salary at Mag Wealth Management BETA

How much does a Mag Wealth Management Financial Advisor make?

As of March 2025, the average annual salary for a Financial Advisor at Mag Wealth Management is $43,327, which translates to approximately $21 per hour. Salaries for Financial Advisor at Mag Wealth Management typically range from $37,689 to $48,739, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

MAG Wealth Management Overview

Website:
magwealth.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Financial Services

MAG Wealth Management is headquarted in Paynesville, Minnesota and was established based on the premise of inspiring our clients to achieve True Wealth. We concentrate on building deep and genuine relationships with our clients to deliver extraordinary service to them. We understand you have unique goals and objectives and we're passionate about helping you discover and achieve your desired outcomes. Our goal at The Managed Assets Group is to be your most trusted financial advisor by sharing our professional knowledge, integrity and personalized wealth management service with you. What Makes Us Different

See similar companies related to Mag Wealth Management

What Skills Does a person Need at Mag Wealth Management?

At Mag Wealth Management, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Insurance Sales: Insurance sales involves selling various types of insurance to customers, including home, life, health and auto insurance. Primary goal is to get information about clients' needs and match them with insurance policies they offer.
  2. Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
  3. Sales Presentation: Delivery of a focused talk highlighting the advantages of a product or service intended to interest and persuade someone to purchase that product.
  4. Networking: Ability to maintain, build and expand a personal and business contact list to grow one's career and business opportunities.
  5. Career Development: Refers to the process an individual may undergo to evolve their occupational status. It is the process of making decisions for long term learning, to align personal needs of physical or psychological fulfillment with career advancement opportunities.

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Check more jobs information at Mag Wealth Management

Job Title Average Mag Wealth Management Salary Hourly Rate
2 Wealth Advisor $51,261 $25
3 Client Service Associate $47,671 $23
4 Master Planner $80,303 $39

Hourly Pay at Mag Wealth Management

The average hourly pay at Mag Wealth Management for a Financial Advisor is $21 per hour. The location, department, and job description all have an impact on the typical compensation for Mag Wealth Management positions. The pay range and total remuneration for the job title are shown in the table below. Mag Wealth Management may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $43,327 look to you?

FAQ about Salary and Jobs at Mag Wealth Management

1. How much does Mag Wealth Management pay per hour?
The average hourly pay is $21. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Mag Wealth Management?
According to the data, the highest approximate salary is about $48,739 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Mag Wealth Management?
According to the data, the lowest estimated salary is about $37,689 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.