Magellan Financial Salary

How much does the Magellan Financial Pay for employees?

As of August 2026, the average annual salary for employees at Magellan Financial in the United States is $98,434. This translates to an approximate hourly wage of $47. Salaries at Magellan Financial typically range from $86,339 to $111,538 annually, reflecting the diverse roles and experience levels within the company. Magellan 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 Magellan Financial Pay for Different Roles?

Explore detailed salary information for specific jobs at Magellan 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 Magellan Financial

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

Is Magellan Financial’s Pay Competitive? Salary Benchmarking Analysis

How does Magellan 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)
Magellan Financial
Financial Services
7point Holdings LLC
Red River Mill Employees Federal Credit Union
Industry Comparison
Our data shows that, on average, compensation at Magellan Financial is below the average for the U.S. Financial Services industry by approximately 19%. 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 average annual salary with several similar companies. Magellan Financial average salary of $98,434 is higher than 7point Holdings LLC, which has an average salary of $87,939. It is higher than Red River Mill Employees Federal Credit Union, with their average salary at $77,939. This places Magellan Financial 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 Magellan Financial

Considering a career at Magellan 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.
Employees are expected to follow procedures closely, and there isn’t much deviation from set protocols. Employees are encouraged to share ideas and take initiative. The collaborative environment here is exceptional. Competitive salary and excellent benefits make it a great workplace. The benefits package is comprehensive and competitive, supporting health and retirement goals. High employee morale...
There's a strong emphasis on knowledge sharing and collective problem-solving, which is crucial in navigating complex financial markets. The transition to hybrid work was seamless thanks to thoughtful planning and the right tools. Employee feedback is acknowledged but rarely results in change. Standard benefits and consistent hours. Training is available it is role-specific or timely.
Teams work seamlessly across departments to solve complex problems. Doing good while doing well is truly embodied here. The break room is well-stocked and inviting.

Magellan Financial Overview

Website
www.magellanfinancial.com
Founded In
1993
Employees
<25 employees
Industry
Financial Services
Headquarter Address
17332 Irvine Blvd Tustin California CA 92780
Revenue
<$5 Million
Phone Number
+1 7145051195
Social Media
About Magellan Financial
Magellan Financial delivers on our promise to you, our customer. We shall customize a financial equipment leasing solution to best suit your budget and cash flow requirements. We have the ability to fund transactions from our own portfolio or employ the services of one of our many financing partners. This ensures you get the best product and pricing structure for your business needs. acquire, upgr

What Benefits Does Magellan Financial Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magellan 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 Santa Ana?

Understanding the cost of living near Santa Ana is key to truly evaluating a salary offer or your current compensation at Magellan Financial.
Santa Ana's Cost of Living Index is approximately 149.7 (49.7% more expensive than US average; 7.1% more than CA average). Orange County seat, high housing costs, though often slightly more affordable than neighboring Irvine or coastal OC cities. When planning your budget based on a salary from Magellan Financial, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,000 - $2,900+ A significant portion of Magellan Financial salary. Location choices impact this heavily.
Utilities (Basic) $150 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $69 (OCTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $740+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,459 - $5,329+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magellan Financial

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

The typical annual salary range for most roles at Magellan Financial is approximately from $86,339 to $111,538. 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 pay compared to 7point Holdings LLC?

The average annual salary at Magellan Financial is $98,434, or an hourly wage of $47, in comparison to 7point Holdings LLC which pays $87,939 per year or $42 per hour.

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

Yes, salaries often differ between departments at Magellan 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. How does experience level affect salary at Magellan Financial?

Experience level is a significant factor in determining salary at Magellan Financial, 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.

5. How can I determine if a salary offer from Magellan Financial in Santa Ana is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Magellan Financial?

Several key factors influence salary levels at Magellan Financial. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Magellan Financial likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.