Financial Advisor Salary in South Dakota
The median financial advisor salary in South Dakota is $83,943 per year, which is 12% below the national median of $95,390.
Financial Advisor Salary Overview in South Dakota (2026)
South Dakota ranks #43 out of 50 states for financial advisor compensation. Financial Advisor salaries in South Dakota are below the national median, though the lower cost of living can offset the difference. At $83,943 per year, financial advisors in South Dakota earn $11,447 less than the national median of $95,390.
A key advantage of working in South Dakota is its below-average cost of living (88% of the national index). This means the $83,943 salary has the purchasing power of roughly $95,390 in an average-cost area.
The salary spread in South Dakota is significant: financial advisors at the 10th percentile earn $39,072, while those at the 90th percentile bring home $210,320 — a $171,248 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in South Dakota for this role is Sioux Falls, where the median reaches $87,759.
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 South Dakota and beyond.
Financial Advisor Salary in South Dakota by Experience
In South Dakota, an entry-level financial advisor earns around $42,240, while experienced professionals earn up to $158,400 per year. The cost of living index in South Dakota is 88% of the national average.
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See Investment Options →Salary Percentiles in South Dakota
| Percentile | SD Salary |
|---|---|
| 10th Percentile | $39,072 |
| 25th Percentile | $54,912 |
| Median (50th) | $83,943 |
| 75th Percentile | $131,120 |
| 90th Percentile | $210,320 |
Financial Advisor Salary by City in South Dakota
The largest employment areas for financial advisors in South Dakota include Sioux Falls, Rapid City, Aberdeen, and Brookings. Salaries vary by city based on local cost of living and demand.
How to Become a Financial Advisor in South Dakota
Education
Most financial advisor positions require a bachelor's degree. South Dakota has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in South Dakota
Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). South Dakota's demand may vary based on local industry trends.
Negotiate Your Way to Senior Pay
Data shows Financial Advisors who negotiate earn 7–15% more. A single negotiation could add $74,457 over your career trajectory.
Get Negotiation Scripts — $197 →Open to Financial Advisor Roles in South Dakota?
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