Financial Advisor Salary in Sioux Falls, South Dakota
The median financial advisor salary in Sioux Falls, SD is $87,759 per year, which is 8% below the national median and 4.5% above the South Dakota state average.
Financial Advisor Salary in Sioux Falls by Experience
In Sioux Falls, 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.
Salary Percentiles in Sioux Falls, SD
| Percentile | Sioux Falls |
|---|---|
| 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 South Dakota Cities
How to Become a Financial Advisor in Sioux Falls
Education
Most financial advisor positions require a bachelor's degree. Sioux Falls and the surrounding South Dakota area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Sioux Falls may vary based on local industry and population growth.