Business & Finance North Dakota (ND) Rank #37 of 50

Financial Advisor Salary in North Dakota

The median financial advisor salary in North Dakota is $85,851 per year, which is 10% below the national median of $95,390.

Median Salary
$85,851
vs National
$-9,539
State Rank
#37 of 50
Cost of Living
90%

Financial Advisor Salary Overview in North Dakota (2026)

North Dakota ranks #37 out of 50 states for financial advisor compensation. Financial Advisor salaries in North Dakota are below the national median, though the lower cost of living can offset the difference. At $85,851 per year, financial advisors in North Dakota earn $9,539 less than the national median of $95,390.

A key advantage of working in North Dakota is its below-average cost of living (90% of the national index). This means the $85,851 salary has the purchasing power of roughly $95,390 in an average-cost area.

The salary spread in North Dakota is significant: financial advisors at the 10th percentile earn $39,960, while those at the 90th percentile bring home $215,100 — a $175,140 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in North Dakota for this role is Fargo, where the median reaches $89,667.

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in North Dakota and beyond.

Financial Advisor Salary in North Dakota by Experience

In North Dakota, an entry-level financial advisor earns around $43,200, while experienced professionals earn up to $162,000 per year. The cost of living index in North Dakota is 90% of the national average.

Entry Level (0-2 yrs)
$43,200
$-4,800 vs national
Mid Level (3-7 yrs)
$85,500
$-9,500 vs national
Senior Level (8+ yrs)
$162,000
$-18,000 vs national

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Salary Percentiles in North Dakota

Percentile ND Salary
10th Percentile $39,960
25th Percentile $56,160
Median (50th) $85,851
75th Percentile $134,100
90th Percentile $215,100

Financial Advisor Salary by City in North Dakota

The largest employment areas for financial advisors in North Dakota include Fargo, Bismarck, Grand Forks, and Minot. Salaries vary by city based on local cost of living and demand.

How to Become a Financial Advisor in North Dakota

Education

Most financial advisor positions require a bachelor's degree. North Dakota has several accredited institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook in North Dakota

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). North Dakota's demand may vary based on local industry trends.

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Frequently Asked Questions: Financial Advisor Salary in North Dakota

How much does a Financial Advisor make in North Dakota? ▼
The median financial advisor salary in North Dakota is $85,851 per year, which is 10% below the national median of $95,390. Salaries range from $39,960 (10th percentile) to $215,100 (90th percentile).
How much does a Financial Advisor make per hour in North Dakota? ▼
Based on the median annual salary of $85,851, a financial advisor in North Dakota earns approximately $41 per hour assuming a standard 2,080-hour work year.
Is North Dakota a good state for financial advisors? ▼
North Dakota ranks #37 out of 50 states for financial advisor pay. The cost of living index is 90% of the national average. Entry-level financial advisors earn $43,200, while senior professionals earn $162,000.
How does North Dakota compare to other states for financial advisor salary? ▼
The highest paying state for financial advisors is Hawaii at $162,163. North Dakota's median of $85,851 ranks #37 nationally. Nearby-ranked states include Indiana ($85,851) and Michigan ($85,851).
What is the entry-level financial advisor salary in North Dakota? ▼
An entry-level financial advisor in North Dakota earns approximately $43,200 per year. With 3-7 years of experience, pay increases to around $85,500. Senior-level professionals with 8+ years earn up to $162,000.
What city in North Dakota pays financial advisors the most? ▼
Fargo is the highest paying city in North Dakota for financial advisors, with a median salary of $89,667. Other cities include Bismarck and Grand Forks.