Business & Finance Aberdeen, SD Pop. 28,324

Financial Advisor Salary in Aberdeen, South Dakota

The median financial advisor salary in Aberdeen, SD is $80,128 per year, which is 16% below the national median and 4.5% below the South Dakota state average.

City Median
$80,128
vs State Avg
$-3,815
vs National
$-15,262
Cost of Living
84%

Financial Advisor Salary in Aberdeen by Experience

In Aberdeen, an entry-level financial advisor earns around $40,320, while experienced professionals earn up to $151,200 per year. The local cost of living index is 84% of the national average.

Entry Level (0-2 yrs)
$40,320
$-7,680 vs national
Mid Level (3-7 yrs)
$79,800
$-15,200 vs national
Senior Level (8+ yrs)
$151,200
$-28,800 vs national

Salary Percentiles in Aberdeen, SD

Percentile Aberdeen
10th Percentile $37,296
25th Percentile $52,416
Median (50th) $80,128
75th Percentile $125,160
90th Percentile $200,760

Financial Advisor Salary in Other South Dakota Cities

Sioux Falls, SD
$87,759
Pop. 192,517
Rapid City, SD
$85,851
Pop. 74,703
Brookings, SD
$82,035
Pop. 24,194
Mitchell, SD
$78,220
Pop. 15,660

How to Become a Financial Advisor in Aberdeen

Education

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

Find Financial Advisor Jobs in Aberdeen

Browse open financial advisor positions in Aberdeen, SD:

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Frequently Asked Questions: Financial Advisor Salary in Aberdeen

How much does a Financial Advisor make in Aberdeen, SD? ▼
The median financial advisor salary in Aberdeen, South Dakota is $80,128 per year, which is 16% below the national median of $95,390. Salaries range from $37,296 (10th percentile) to $200,760 (90th percentile).
How much does a Financial Advisor make per hour in Aberdeen? ▼
Based on the median annual salary of $80,128, a financial advisor in Aberdeen earns approximately $39 per hour assuming a standard 2,080-hour work year.
How does Aberdeen compare to the South Dakota state average for financial advisor pay? ▼
Aberdeen's median financial advisor salary of $80,128 is 4.5% below the South Dakota state average of $83,943. The local cost of living index is 84% of the national average.
What is the cost of living in Aberdeen, SD? ▼
Aberdeen has a cost of living index of 84% compared to the national average. This means a financial advisor salary of $80,128 in Aberdeen has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Aberdeen? ▼
Most financial advisor positions in Aberdeen 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.