VGM Financial Services Salary

As of August 2026, the average annual salary for employees at VGM Financial Services in the United States is $80,956. This translates to an approximate hourly wage of $39. Salaries at VGM Financial Services typically range from $71,008 to $91,735 annually, reflecting the diverse roles and experience levels within the company.

How Much Does VGM Financial Services Pay for Different Roles?

Explore detailed salary information for specific jobs at VGM Financial Services. Based on our data, the highest paying job is the Business Development Officer, with an annual salary of $101,504. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at VGM Financial Services

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

Is VGM Financial Services’s Pay Competitive? Salary Benchmarking Analysis

How does VGM Financial Services'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
Dove Mortgage Corp $99,594
+23.0%
Reflects a supply-demand imbalance for the specific talent Dove Mortgage Corp targets.
Legion Finance Trade Ltd $80,629
-0.4%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
La Prudence Leasing Finance Co Ltd $94,858
+17.2%
Adjusted for higher cost-of-living indices in La Prudence Leasing Finance Co Ltd's primary metro hubs.
Mortgagekart $88,972
+9.9%
Supported by Mortgagekart's high-margin contracts allowing higher overhead.
Financial Services Industry $121,514
+50.1%
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 VGM Financial Services

Considering a career at VGM Financial Services? 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.
Employees are valued and recognized regularly. The work is fast-paced but rewarding, with opportunities to shape industry trends. The company empowers employees to build strong client relationships, and feedback is actively incorporated into improvements. This financial institution provides employees with best-in-class technology resources. The work-life balance is actively supported by management...
Despite its strong workforce, the company fosters a dynamic and entrepreneurial environment. The finance industry can be stressful, but this company reduces that with smart workflows and empathetic leadership. Career aspirations are discussed openly. Company-wide events and team-building activities keep morale high. There’s a true sense of collaboration across departments. Teamwork is key, and eve...
Fast-paced environment with rewarding outcomes. Schedules are predictable and fixed. Thoughtful placement reduces daily stress. The support from leadership is strong, and company policies reflect values like fairness, inclusion, and innovation. We’re trusted to manage our time, and the flexibility helps balance personal and professional demands.

VGM Financial Services Overview

Website
www.vgmfs.com
Founded In
1991
Employees
<25 employees
Industry
Financial Services
Headquarter Address
1111 W San Marnan West Dr Waterloo Iowa IA 50701
Revenue
$5 Million - $10 Million
Phone Number
+1 8005327392
Social Media
About VGM Financial Services
VGM Financial Services was established in 1991 as the finance source for VGM Group, Inc. VGM Group, Inc. is an ever evolving buying group for a wide array of industries, specializing in the golf, private club and healthcare industries. Today, VGM Financial Services remains the VGM Groups exclusive finance source and is widely recognized as one of the premier equipment finance companies in the Unit

What Benefits Does VGM Financial Services Offer Beyond Salary?

A competitive compensation package is more than just a salary. VGM Financial Services 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 Waterloo?

Understanding the cost of living near Waterloo is key to truly evaluating a salary offer or your current compensation at VGM Financial Services.
Waterloo's Cost of Living Index is approximately 73.8 (26.2% less expensive than US average; 17.9% less than IA average). With Cedar Falls (Black Hawk Co.), very affordable. MET Transit. When planning your budget based on a salary from VGM Financial Services, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $600 - $950+ A significant portion of VGM Financial Services salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (MET Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $330 - $490 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $320 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,680 - $2,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of VGM Financial Services

1. What is the estimated average total compensation at VGM Financial Services?

Salary.com estimates that the average total compensation package at VGM Financial Services, which can include base salary, potential bonuses, and benefits, is around $80,956 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does VGM Financial Services pay compared to Dove Mortgage Corp?

The average annual salary at VGM Financial Services is $80,956, or an hourly wage of $39, in comparison to Dove Mortgage Corp which pays $99,594 per year or $48 per hour.

3. Do salaries differ significantly between departments at VGM Financial Services?

Yes, salaries often differ between departments at VGM Financial Services 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at VGM Financial Services?

Salary progression from an entry-level to a senior role at VGM Financial Services can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from VGM Financial Services in Waterloo is fair given the local cost of living?

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

6. Are promotions at VGM Financial Services usually accompanied by a significant salary increase?

Yes, promotions at VGM Financial Services are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.