Discovery Financial Salary

How much does the Discovery Financial Pay for employees?

As of August 2026, the average annual salary for employees at Discovery Financial in the United States is $90,481. This translates to an approximate hourly wage of $44. Salaries at Discovery Financial typically range from $79,356 to $102,551 annually, reflecting the diverse roles and experience levels within the company. Discovery Financial’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 Discovery Financial Pay for Different Roles?

Explore detailed salary information for specific jobs at Discovery Financial. 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 Discovery Financial

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

Is Discovery Financial’s Pay Competitive? Salary Benchmarking Analysis

How does Discovery Financial’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)
Discovery Financial
Financial Services
Kore Private Wealth LLC
Oxford Harriman & Co
Industry Comparison
Our data shows that, on average, compensation at Discovery Financial is below the average for the U.S. Financial Services industry by approximately 26%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Discovery Financial average annual salary with several similar companies. Discovery Financial average salary of $90,481 is lower than Kore Private Wealth LLC, which has an average salary of $109,077. It is higher than Oxford Harriman & Co, with their average salary at $88,709. This places Discovery Financial in a mid-range 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 Discovery Financial

Considering a career at Discovery Financial? 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.
Structure supports long-term careers. Employee recognition here feels authentic. Despite having employees, the organization maintains agility, embracing cutting-edge technology and modern financial solutions. The company embraces change and stays current with trends in fintech.
Coworker interaction is limited to work-related tasks. It’s an environment that encourages learning and celebrates achievements. This culture of respect, trust, and innovation makes it an excellent place to work. However, opportunities for rapid advancement are limited unless you’re in a leadership track. Work environment supports diversity and inclusion. I’m proud to work at a company that priori...
Hiring standards are high but fair. Seeing our positive client reviews is incredibly rewarding. From AI-driven analytics to seamless digital platforms, we have the tools to excel in our roles.

Discovery Financial Overview

Website
www.discoveryfinancial.com
Founded In
1992
Employees
<25 employees
Industry
Financial Services
Headquarter Address
307 Dakota St Red Wing Minnesota MN 55066
Revenue
$10 Million - $50 Million
Phone Number
+1 6513889594
Social Media
About Discovery Financial
Established in 1992, Discovery Financial serves clients throughout the Upper Midwest and nationally from Minnesota offices located in Red Wing, Lakeville, Rochester and Oakdale. Discovery Financial is owned and managed by three partners, Matt Hardyman, Tim Kelly and Doug Ritter.

What Benefits Does Discovery Financial Offer Beyond Salary?

A competitive compensation package is more than just a salary. Discovery Financial 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Discovery Financial.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Discovery Financial, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Discovery Financial salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Discovery Financial

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

Salary.com estimates that the average total compensation package at Discovery Financial, which can include base salary, potential bonuses, and benefits, is around $90,481 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Discovery Financial pay compared to Kore Private Wealth LLC?

The average annual salary at Discovery Financial is $90,481, or an hourly wage of $44, in comparison to Kore Private Wealth LLC which pays $109,077 per year or $52 per hour.

3. Do salaries differ significantly between departments at Discovery Financial?

Yes, salaries often differ between departments at Discovery Financial 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 Discovery Financial?

Salary progression from an entry-level to a senior role at Discovery Financial 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 Discovery Financial in Minneapolis is fair given the local cost of living?

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

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

Yes, promotions at Discovery Financial 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.