Business & Finance Brookings, SD Pop. 24,194

Financial Advisor Salary in Brookings, South Dakota

The median financial advisor salary in Brookings, SD is $82,035 per year, which is 14% below the national median and 2.3% below the South Dakota state average.

City Median
$82,035
vs State Avg
$-1,908
vs National
$-13,355
Cost of Living
86%

Financial Advisor Pay in Brookings: What to Expect (2026)

Brookings offers a median financial advisor salary of $82,035, which is $1,908 below the South Dakota state average of $83,943. Compared to the national median of $95,390, Brookings pays below the national benchmark for this role.

One of Brookings's biggest advantages is its low cost of living at 86% of the national average. This means the $82,035 salary stretches further here — equivalent to roughly $95,390 in an average-cost city. This makes Brookings an attractive option for financial advisors seeking strong real-dollar compensation.

The salary range for financial advisors in Brookings spans from $38,184 at the 10th percentile to $205,540 at the 90th percentile — a $167,356 spread. Entry-level professionals start around $41,280, while senior financial advisors with 8+ years of experience can earn up to $154,800. Brookings is a smaller market (pop. 24,194), which may mean fewer openings but also less competition for available positions.

Financial Advisor Salary in Brookings by Experience

In Brookings, an entry-level financial advisor earns around $41,280, while experienced professionals earn up to $154,800 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$41,280
$-6,720 vs national
Mid Level (3-7 yrs)
$81,700
$-13,300 vs national
Senior Level (8+ yrs)
$154,800
$-25,200 vs national

Salary Percentiles in Brookings, SD

Percentile Brookings
10th Percentile $38,184
25th Percentile $53,664
Median (50th) $82,035
75th Percentile $128,140
90th Percentile $205,540

Financial Advisor Salary in Other South Dakota Cities

Sioux Falls, SD
$87,759
Pop. 192,517
Rapid City, SD
$85,851
Pop. 74,703
Aberdeen, SD
$80,128
Pop. 28,324
Mitchell, SD
$78,220
Pop. 15,660

How to Become a Financial Advisor in Brookings

Education

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

Find Financial Advisor Jobs in Brookings

Browse open financial advisor positions in Brookings, SD:

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Frequently Asked Questions: Financial Advisor Salary in Brookings

How much does a Financial Advisor make in Brookings, SD? ▼
The median financial advisor salary in Brookings, South Dakota is $82,035 per year, which is 14% below the national median of $95,390. Salaries range from $38,184 (10th percentile) to $205,540 (90th percentile).
How much does a Financial Advisor make per hour in Brookings? ▼
Based on the median annual salary of $82,035, a financial advisor in Brookings earns approximately $39 per hour assuming a standard 2,080-hour work year.
How does Brookings compare to the South Dakota state average for financial advisor pay? ▼
Brookings's median financial advisor salary of $82,035 is 2.3% below the South Dakota state average of $83,943. The local cost of living index is 86% of the national average.
What is the cost of living in Brookings, SD? ▼
Brookings has a cost of living index of 86% compared to the national average. This means a financial advisor salary of $82,035 in Brookings has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Brookings? ▼
Most financial advisor positions in Brookings 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.