Business & Finance Bloomington, MN Pop. 89,987

Financial Advisor Salary in Bloomington, Minnesota

The median financial advisor salary in Bloomington, MN is $99,206 per year, which is 4.0% above the national median and 5.1% above the Minnesota state average.

City Median
$99,206
vs State Avg
+$4,770
vs National
+$3,816
Cost of Living
102%

Financial Advisor Salary in Bloomington by Experience

In Bloomington, an entry-level financial advisor earns around $49,920, while experienced professionals earn up to $187,200 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$49,920
+$1,920 vs national
Mid Level (3-7 yrs)
$98,800
+$3,800 vs national
Senior Level (8+ yrs)
$187,200
+$7,200 vs national

Salary Percentiles in Bloomington, MN

Percentile Bloomington
10th Percentile $46,176
25th Percentile $64,896
Median (50th) $99,206
75th Percentile $154,960
90th Percentile $248,560

Financial Advisor Salary in Other Minnesota Cities

Minneapolis, MN
$102,067
Pop. 429,954
Saint Paul, MN
$97,298
Pop. 311,527
Rochester, MN
$95,390
Pop. 121,395
Duluth, MN
$87,759
Pop. 90,884

How to Become a Financial Advisor in Bloomington

Education

Most financial advisor positions require a bachelor's degree. Bloomington and the surrounding Minnesota area have institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Bloomington may vary based on local industry and population growth.

Find Financial Advisor Jobs in Bloomington

Browse open financial advisor positions in Bloomington, MN:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Bloomington

How much does a Financial Advisor make in Bloomington, MN? ▼
The median financial advisor salary in Bloomington, Minnesota is $99,206 per year, which is 4.0% above the national median of $95,390. Salaries range from $46,176 (10th percentile) to $248,560 (90th percentile).
How much does a Financial Advisor make per hour in Bloomington? ▼
Based on the median annual salary of $99,206, a financial advisor in Bloomington earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Bloomington compare to the Minnesota state average for financial advisor pay? ▼
Bloomington's median financial advisor salary of $99,206 is 5.1% above the Minnesota state average of $94,436. The local cost of living index is 102% of the national average.
What is the cost of living in Bloomington, MN? ▼
Bloomington has a cost of living index of 102% compared to the national average. This means a financial advisor salary of $99,206 in Bloomington has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Bloomington? ▼
Most financial advisor positions in Bloomington require a bachelor's degree. Key skills include Investment Planning, Portfolio Management, Tax Planning, Client Relations. The job market is projected to grow 13% nationally over the next decade.