Personal Financial Advisor salary in Minnesota
Personal Financial Advisors in Minnesota earn a median of $102,660 a year ($49.36 an hour), based on BLS data for 5,280 workers.
Pay ranges from $47,520 for the lowest-paid 10% to $310,730 for the top 10%. That is 2% lower than the national median of $105,070. Minnesota ranks 15th of 49 states for personal financial advisors pay. There are 1.8 personal financial advisors per 1,000 jobs here — close to the national average. The average (mean) salary is $141,760, above the median because a few high earners pull it up.
Pay range for personal financial advisors in Minnesota
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $47,520 | $22.85 |
| 25th percentile | $68,470 | $32.92 |
| Median | $102,660 | $49.36 |
| 75th percentile | $166,680 | $80.14 |
| 90th percentile (top earners) | $310,730 | $149.39 |
| Average (mean) | $141,760 | $68.15 |
Half of personal financial advisors earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $8,555 |
| Semi-monthly (24 a year) | $4,277.50 |
| Biweekly (26 a year) | $3,948.46 |
| Weekly | $1,974.23 |
| Hourly | $49.36 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Personal Financial Advisor salary in cities in Minnesota
| Metro area | Median salary | Workers |
|---|---|---|
| Sioux Falls, SD-MN | $121,350 | 310 |
| La Crosse-Onalaska, WI-MN | $103,670 | 120 |
| Minneapolis-St. Paul-Bloomington, MN-WI | $103,410 | 4,150 |
| Rochester, MN | $95,280 | 110 |
| Mankato, MN | $82,380 | 40 |
| Duluth, MN-WI | $80,480 | 110 |
| St. Cloud, MN | $77,530 | 190 |
| Grand Forks, ND-MN | $77,520 | 30 |
| Fargo, ND-MN | $75,900 | 250 |
Highest-paying states for personal financial advisors
| State | Median salary |
|---|---|
| New York | $166,400 |
| New Jersey | $158,570 |
| California | $130,330 |
| Connecticut | $129,720 |
| South Dakota | $128,720 |
| Massachusetts | $125,670 |
| Delaware | $125,050 |
| Oregon | $122,830 |
| Illinois | $120,130 |
| Wisconsin | $119,430 |
Related jobs in Minnesota
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $81,600 | $39.23 |
| Financial and Investment Analysts | $102,990 | $49.52 |
| Loan Officer | $95,170 | $45.76 |
| Insurance Underwriter | $80,700 | $38.80 |
| Property Appraisers and Assessors | $83,400 | $40.10 |
| Financial Examiner | $104,260 | $50.12 |
| Financial Risk Specialist | $105,420 | $50.68 |
| Tax Examiners and Collectors, and Revenue Agents | $79,000 | $37.98 |
| Credit Analyst | $82,630 | $39.73 |
| Tax Preparer | $59,200 | $28.46 |
| Financial Specialists, All Other | $83,280 | $40.04 |
| Credit Counselor | $62,160 | $29.89 |
| Budget Analyst | $85,970 | $41.33 |
| Market Research Analysts and Marketing Specialists | $87,510 | $42.07 |
More: Business and Financial Operations Occupations · all salaries in Minnesota
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2052. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a personal financial advisor make in Minnesota?
The median salary for personal financial advisors in Minnesota is $102,660 a year, or $49.36 an hour. Pay ranges from $47,520 for the lowest-paid 10% to $310,730 for the top 10%.
How much do the highest-paid personal financial advisors make in Minnesota?
The top 10% of personal financial advisors in Minnesota earn at least $310,730 a year. The top 25% earn $166,680 or more.
What is the starting pay for personal financial advisors in Minnesota?
Entry-level pay (the 10th percentile) is about $47,520 a year, and a quarter of personal financial advisors earn $68,470 or less.
How many personal financial advisors work in Minnesota?
About 5,280 personal financial advisors are employed in Minnesota, not counting the self-employed.