Financial Advisor Salary in Minneapolis, Minnesota
The median financial advisor salary in Minneapolis, MN is $102,067 per year, which is 7.0% above the national median and 8.1% above the Minnesota state average.
Financial Advisor Salary in Minneapolis by Experience
In Minneapolis, an entry-level financial advisor earns around $51,360, while experienced professionals earn up to $192,600 per year. The local cost of living index is 105% of the national average.
Salary Percentiles in Minneapolis, MN
| Percentile | Minneapolis |
|---|---|
| 10th Percentile | $47,508 |
| 25th Percentile | $66,768 |
| Median (50th) | $102,067 |
| 75th Percentile | $159,430 |
| 90th Percentile | $255,730 |
Financial Advisor Salary in Other Minnesota Cities
How to Become a Financial Advisor in Minneapolis
Education
Most financial advisor positions require a bachelor's degree. Minneapolis and the surrounding Minnesota area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Minneapolis may vary based on local industry and population growth.