Business & Finance Minot, ND Pop. 48,639

Financial Advisor Salary in Minot, North Dakota

The median financial advisor salary in Minot, ND is $87,759 per year, which is 8% below the national median and 2.2% above the North Dakota state average.

City Median
$87,759
vs State Avg
+$1,908
vs National
$-7,631
Cost of Living
92%

Financial Advisor Salary in Minot by Experience

In Minot, an entry-level financial advisor earns around $44,160, while experienced professionals earn up to $165,600 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$44,160
$-3,840 vs national
Mid Level (3-7 yrs)
$87,400
$-7,600 vs national
Senior Level (8+ yrs)
$165,600
$-14,400 vs national

Salary Percentiles in Minot, ND

Percentile Minot
10th Percentile $40,848
25th Percentile $57,408
Median (50th) $87,759
75th Percentile $137,080
90th Percentile $219,880

Financial Advisor Salary in Other North Dakota Cities

How to Become a Financial Advisor in Minot

Education

Most financial advisor positions require a bachelor's degree. Minot and the surrounding North Dakota 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 Minot may vary based on local industry and population growth.

Find Financial Advisor Jobs in Minot

Browse open financial advisor positions in Minot, ND:

Frequently Asked Questions: Financial Advisor Salary in Minot

How much does a Financial Advisor make in Minot, ND?
The median financial advisor salary in Minot, North Dakota is $87,759 per year, which is 8% below the national median of $95,390. Salaries range from $40,848 (10th percentile) to $219,880 (90th percentile).
How much does a Financial Advisor make per hour in Minot?
Based on the median annual salary of $87,759, a financial advisor in Minot earns approximately $42 per hour assuming a standard 2,080-hour work year.
How does Minot compare to the North Dakota state average for financial advisor pay?
Minot's median financial advisor salary of $87,759 is 2.2% above the North Dakota state average of $85,851. The local cost of living index is 92% of the national average.
What is the cost of living in Minot, ND?
Minot has a cost of living index of 92% compared to the national average. This means a financial advisor salary of $87,759 in Minot has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Minot?
Most financial advisor positions in Minot 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.