Magellan Financial Inc Salary

As of September 2026, the average annual salary for employees at Magellan Financial Inc in the United States is $90,586. This translates to an approximate hourly wage of $44. Salaries at Magellan Financial Inc typically range from $79,457 to $102,648 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Magellan Financial Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Magellan Financial Inc. Based on our data, the highest paying job is the Fund Manager, with an annual salary of $70,368. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Magellan Financial Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magellan 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
D Scott Neal Inc $84,205
-7.0%
D Scott Neal Inc focuses strategically on recruiting and training entry-level apprentices.
Stokes Financial $103,592
+14.4%
Supported by Stokes Financial's high-margin contracts allowing higher overhead.
Compass Financial Partners - LC $84,743
-6.5%
Normalized for lower cost-of-living zones where Compass Financial Partners - LC primarily operates.
Barilotti Wealth Strategies LLC $95,628
+5.6%
Reflects structural premiums typical of Barilotti Wealth Strategies LLC's large-cap national operations.
Financial Services Industry $121,514
+34.1%
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 Magellan Financial Inc

Considering a career at Magellan 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.
Respectful colleagues create a friendly atmosphere. This environment works well for those who appreciate routine and job security but may frustrate employees seeking dynamic challenges. Professional growth opportunities abound. Performance reviews are regular but somewhat generic. The technology stack is cutting-edge, enabling us to deliver superior client solutions.
It’s refreshing to work where leadership promotes trust, teamwork, and professional autonomy. Company values transparency and integrity. Even as the company scales, it retains that sense of teamwork and mission. Quiet spaces are available for focused work. Working here has exceeded all my expectations.
Pay bands are clearly communicated. Training is available it is role-specific or timely. The benefits package is competitive, including health and retirement plans. There’s a clear path for advancement. Job offers stability and structure. Training opportunities exist but may lack depth or relevance. The culture is performance-oriented but people-first. Clients rely on our expertise, and employees...

Magellan Financial Inc Overview

Website
www.magellanlv.com
Founded In
2009
Employees
<25 employees
Industry
Financial Services
Headquarter Address
1605 N Cedar Crest Blvd Allentown Pennsylvania PA 18104
Revenue
<$5 Million
Phone Number
+1 6104375650
Social Media
About Magellan Financial Inc
Magellan Financial, Inc. is committed to a team environment. Our focus doesn't end with Investment Planning or hands-on wealth management. Each financial advisor on our team contributes to our ability to offer comprehensive financial services to those in Allentown, PA, as well as Bethlehem, PA, the greater Lehigh Valley, PA, and customers nationwide. With more than 100 years of combined experience

What Benefits Does Magellan Financial Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magellan 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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What Is the Cost of Living Near Allentown?

Understanding the cost of living near Allentown is key to truly evaluating a salary offer or your current compensation at Magellan Financial Inc.
Allentown's Cost of Living Index is approximately 93.8 (6.2% less expensive than US average; 3.4% less than PA average). Lehigh Valley city, affordable housing. LANTA bus. When planning your budget based on a salary from Magellan Financial Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Magellan Financial Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (LANTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,320 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magellan Financial Inc

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

The typical annual salary range for most roles at Magellan Financial Inc is approximately from $79,457 to $102,648. 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 Magellan Financial Inc pay compared to D Scott Neal Inc?

The average annual salary at Magellan Financial Inc is $90,586, or an hourly wage of $44, in comparison to D Scott Neal Inc which pays $84,205 per year or $40 per hour.

3. How does experience level affect salary at Magellan Financial Inc?

Experience level is a significant factor in determining salary at Magellan Financial 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.

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

To determine if a salary offer from Magellan Financial Inc in Allentown is fair, first compare the gross salary to our data for similar roles at Magellan Financial Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Allentown" to understand its purchasing power.

5. Why might an individual's actual salary at Magellan Financial Inc differ from the ranges shown here?

An individual's actual salary at Magellan Financial Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.