Magellan Financial Inc Salary

Magellan Financial Inc Salary

How much does the Magellan Financial Inc Pay for employees?

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As of August 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. Magellan 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.

How Much Does Magellan Financial Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Magellan Financial Inc. 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.
How accurate does the salary look to you?

Current Job Openings at Magellan Financial Inc

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

Is Magellan Financial Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Magellan 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
180k
150k
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90k
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30k
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Average Salary ($/year)
Magellan Financial Inc
Financial Services
D Scott Neal Inc
Stokes Financial
Industry Comparison
Our data shows that, on average, compensation at Magellan Financial Inc is below the average for the U.S. Financial Services industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Magellan Financial Inc average annual salary with several similar companies. Magellan Financial Inc average salary of $90,586 is higher than D Scott Neal Inc, which has an average salary of $84,205. It is lower than Stokes Financial, with their average salary at $103,592. This places Magellan Financial Inc 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.

How Magellan Financial Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Magellan Financial Inc. Click a company name to learn more.

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.
Commented in February 22, 2025
40
3
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.
Commented in January 11, 2025
25
2
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...
Commented in July 02, 2024
35
2

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.

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