MAG FINANCIAL Inc Salary

How much does the MAG FINANCIAL Inc Pay for employees?

As of August 2026, the average annual salary for employees at MAG FINANCIAL Inc in the United States is $101,081. This translates to an approximate hourly wage of $49. Salaries at MAG FINANCIAL Inc typically range from $88,639 to $114,586 annually, reflecting the diverse roles and experience levels within the company. MAG FINANCIAL Inc’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.
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Current Job Openings at MAG FINANCIAL Inc

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Is MAG FINANCIAL Inc’s Pay Competitive? Salary Benchmarking Analysis

How does MAG FINANCIAL Inc’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)
MAG FINANCIAL Inc
Financial Services
Citi Financial
Bk Financial Corp
Industry Comparison
Our data shows that, on average, compensation at MAG FINANCIAL Inc 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 MAG FINANCIAL Inc average annual salary with several similar companies. MAG FINANCIAL Inc average salary of $101,081 is higher than Citi Financial, which has an average salary of $98,244. It is lower than Bk Financial Corp, with their average salary at $114,309. This places MAG FINANCIAL Inc in a mid-range position among its peers.
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Employee Reviews: Working at MAG FINANCIAL Inc

Considering a career at MAG 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.
Work can be repetitive, and promotion opportunities are limited. I felt fully integrated within weeks, not months. Overall, it’s a stable and rewarding financial services firm. Institutional knowledge isn't siloed with individuals. Clear vision from leadership.
It feels like a true partnership working towards common goals for our clients. We're encouraged to think outside the box to find the best financial solutions for our clients. This financial institution provides employees with best-in-class technology resources. Regulatory changes are communicated clearly. Crisis management is handled with calm competence. Resources are ample, allowing us to focus ...
Supportive team environment with focus on work-life balance. Training programs exist but vary in effectiveness and frequency. We're empowered to make reasonable exceptions. The company genuinely cares about its employees' well-being.

MAG FINANCIAL Inc Overview

Website
Data pending, update soon.
Founded In
1997
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
17871 Park Plaza Dr Cerritos California CA 90703
Revenue
<$5 Million
Phone Number
+1 5624613742
Social Media
About MAG FINANCIAL Inc
Mag Financial Inc is a company that operates in the Financial Services industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Cerritos, California.

What Benefits Does MAG FINANCIAL Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. MAG 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 Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at MAG FINANCIAL Inc.
Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from MAG FINANCIAL Inc, 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 MAG FINANCIAL Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (Metro TAP card varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,050 - $6,450+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MAG FINANCIAL Inc

1. How much does MAG FINANCIAL Inc in the United States pay?

MAG FINANCIAL Inc pays its employees an average of $101,081 per year. The average salary at MAG FINANCIAL Inc range from $88,639 to $114,586 per year. 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. Do MAG FINANCIAL Inc employees get a higher salary than its peer company?

The salary at MAG FINANCIAL Inc is higher than its peer company. The average annual salary at MAG FINANCIAL Inc is $101,081, or an hourly wage of $49, in comparison to Citi Financial which pays $98,244 per year or $47 per hour.

3. How much does salary increase with years of experience at MAG FINANCIAL Inc?

Salary progression with years of experience at MAG FINANCIAL Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at MAG FINANCIAL Inc vary by office location?

Yes, it's very likely that salaries at MAG FINANCIAL Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Los Angeles section provides more context.

5. Does MAG FINANCIAL Inc offer good benefits?

MAG FINANCIAL Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at MAG FINANCIAL Inc" section on this page.