Business & Finance Saint Paul, MN Pop. 311,527

Financial Advisor Salary in Saint Paul, Minnesota

The median financial advisor salary in Saint Paul, MN is $97,298 per year, which is 2.0% above the national median and 3.0% above the Minnesota state average.

City Median
$97,298
vs State Avg
+$2,862
vs National
+$1,908
Cost of Living
100%

Financial Advisor Salary in Saint Paul by Experience

In Saint Paul, an entry-level financial advisor earns around $48,960, while experienced professionals earn up to $183,600 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$48,960
+$960 vs national
Mid Level (3-7 yrs)
$96,900
+$1,900 vs national
Senior Level (8+ yrs)
$183,600
+$3,600 vs national

Salary Percentiles in Saint Paul, MN

Percentile Saint Paul
10th Percentile $45,288
25th Percentile $63,648
Median (50th) $97,298
75th Percentile $151,980
90th Percentile $243,780

Financial Advisor Salary in Other Minnesota Cities

How to Become a Financial Advisor in Saint Paul

Education

Most financial advisor positions require a bachelor's degree. Saint Paul 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 Saint Paul may vary based on local industry and population growth.

Find Financial Advisor Jobs in Saint Paul

Browse open financial advisor positions in Saint Paul, MN:

Frequently Asked Questions: Financial Advisor Salary in Saint Paul

How much does a Financial Advisor make in Saint Paul, MN?
The median financial advisor salary in Saint Paul, Minnesota is $97,298 per year, which is 2.0% above the national median of $95,390. Salaries range from $45,288 (10th percentile) to $243,780 (90th percentile).
How much does a Financial Advisor make per hour in Saint Paul?
Based on the median annual salary of $97,298, a financial advisor in Saint Paul earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Saint Paul compare to the Minnesota state average for financial advisor pay?
Saint Paul's median financial advisor salary of $97,298 is 3.0% above the Minnesota state average of $94,436. The local cost of living index is 100% of the national average.
What is the cost of living in Saint Paul, MN?
Saint Paul has a cost of living index of 100% compared to the national average. This means a financial advisor salary of $97,298 in Saint Paul has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Saint Paul?
Most financial advisor positions in Saint Paul 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.