Personal Financial Advisors Pay Range in Minnesota
Pay distribution across experience levels
- 10th Percentile — Entry Level$47,520
- 25th Percentile — Junior$68,470
- 50th Percentile — Median$102,660
- 75th Percentile — Senior$166,680
- 90th Percentile — Top Earners$310,730
Half of Personal Financial Advisors in Minnesota earn more than $102,660. The top 10% make $310,730 or more, while entry-level workers start around $47,520.
Personal Financial Advisors in Minnesota: Key Facts
Source: BLS OEWS May 2025
- Minnesota ranks 22nd of 49 states for Personal Financial Advisors pay, at $141,760 per year (9.5% below the U.S. average of $156,670).
- 5,280 people work as Personal Financial Advisors in Minnesota — 2.0% of all U.S. Personal Financial Advisors jobs.
- Location quotient 1.04: Personal Financial Advisors jobs are more concentrated in Minnesota than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $47,520; the top 10% earn over $310,730.
- Hourly equivalent: $68.15 per hour (2,080 hours/year).
- The highest-paying state is New York at $210,310.
- Among business jobs in Minnesota, Financial and Investment Analysts pays the most ($108,280).
Personal Financial Advisors Job Market in Minnesota
Key factors affecting compensation
Minnesota's key industries are Healthcare, Finance, Manufacturing, and its job market is rated strong. Personal Financial Advisors here earn $141,760 on average, placing the state 22nd nationally.
With a cost-of-living index of 1.0 (U.S. = 1.00), a Minnesota salary of $141,760 is roughly equivalent to $141,760 at the national average cost of living.
Compared with nearby states in the pay ranking, Kansas ($149,410), Texas ($146,000), District of Columbia ($144,800) are the closest alternatives for Personal Financial Advisors weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Business Jobs in Minnesota
Related career salary benchmarks
- Financial and Investment Analysts $108,280/yr Minnesota 23.6% vs this role
- Management Analysts $107,090/yr Minnesota 24.5% vs this role
- Financial Examiners $106,670/yr Minnesota 24.8% vs this role
- Loan Officers $104,700/yr Minnesota 26.1% vs this role
- Project Management Specialists $101,580/yr Minnesota 28.3% vs this role
- Budget Analysts $94,810/yr Minnesota 33.1% vs this role
- Appraisers and Assessors of Real Estate $94,700/yr Minnesota 33.2% vs this role
- Market Research Analysts $94,120/yr Minnesota 33.6% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Personal Financial Advisors salary in Minnesota?
The average Personal Financial Advisors salary in Minnesota is $141,760 per year (median $102,660), which is 9.5% below the national average of $156,670.
How does Minnesota rank for Personal Financial Advisors pay?
Minnesota ranks 22nd out of 49 states. The highest-paying state is New York ($210,310/yr).
How much do entry-level Personal Financial Advisors make in Minnesota?
The lowest-paid 10% of Personal Financial Advisors in Minnesota earn about $47,520 per year and the 25th percentile is $68,470.
How much do Personal Financial Advisors make per hour in Minnesota?
About $68.15 per hour, based on the $141,760 annual average and 2,080 working hours per year.
How many Personal Financial Advisors work in Minnesota?
BLS counts 5,280 Personal Financial Advisors jobs in Minnesota (OEWS May 2025).
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