Covestor Ltd Salary

How much does the Covestor Ltd Pay for employees?

As of August 2026, the average annual salary for employees at Covestor Ltd in the United States is $100,944. This translates to an approximate hourly wage of $49. Salaries at Covestor Ltd typically range from $88,547 to $114,391 annually, reflecting the diverse roles and experience levels within the company. Covestor Ltd’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
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.

How Much Does Covestor Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at Covestor Ltd. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
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.
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Current Job Openings at Covestor Ltd

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

Is Covestor Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Covestor Ltd’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Covestor Ltd
Financial Services
Pacific Mortgage Center LLC
LOTUS Bank Ltd
Industry Comparison
Our data shows that, on average, compensation at Covestor Ltd is below the average for the U.S. Financial Services industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Covestor Ltd average annual salary with several similar companies. Covestor Ltd average salary of $100,944 is higher than Pacific Mortgage Center LLC, which has an average salary of $84,975. It is higher than LOTUS Bank Ltd, with their average salary at $90,154. This places Covestor Ltd in a competitive position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Employee Reviews: Working at Covestor Ltd

Considering a career at Covestor Ltd? 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.
Communication between teams is functional but could be improved for efficiency. Management provides direction but rarely engages in collaborative problem-solving. Parking is ample. Compensation adjustments reflect demonstrated contributions. Training and development programs are excellent, helping employees enhance their skills and progress in their careers.
The culture is performance-oriented but people-first. Pay and benefits are competitive and it is somehow outstanding. There’s a consistent commitment to client service, employee development, and operational excellence. The resources available for professional growth are outstanding, from certifications to leadership programs. Ramp-up periods are realistic.
Charitable matching amplifies personal donations. Crisis management is handled with calm competence. Having the right tools demonstrates respect for our work. Meeting culture is productive and respectful. Leadership is consistent it is responsive to employee feedback. Colleagues are incredibly knowledgeable and supportive. Communication is formal, with limited opportunities for employee feedback ...

Covestor Ltd Overview

Website
www.interactiveadvisors.com
Founded In
2006
Employees
<25 employees
Industry
Financial Services
Headquarter Address
175 Federal St Boston Massachusetts MA 02110
Revenue
<$5 Million
Phone Number
+1 8574534530
Social Media
About Covestor Ltd
Covestor brings the clarity and efficiency of an online marketplace to the world of money management. Investors can compare and select from a transparent marketplace of money management talent that includes top performing portfolio managers and successful investors. Covestor's Portfolio Sync technology automatically replicates trades, providing clients the convenience of "set and forget" functiona

What Benefits Does Covestor Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Covestor Ltd 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 Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Covestor Ltd.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Covestor Ltd, 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 Covestor Ltd salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Covestor Ltd

1. What is the typical salary range (low to high) for most roles at Covestor Ltd?

The typical annual salary range for most roles at Covestor Ltd is approximately from $88,547 to $114,391. 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 Covestor Ltd pay compared to Pacific Mortgage Center LLC?

The average annual salary at Covestor Ltd is $100,944, or an hourly wage of $49, in comparison to Pacific Mortgage Center LLC which pays $84,975 per year or $41 per hour.

3. How does experience level affect salary at Covestor Ltd?

Experience level is a significant factor in determining salary at Covestor Ltd, 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 Covestor Ltd in Boston is fair given the local cost of living?

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

5. What factors influence salary increases at Covestor Ltd?

Salary increases at Covestor Ltd 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.