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Personal Financial Advisors in Minnesota

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Personal Financial Advisors in Minnesota

Want to work in Minnesota as a Personal Financial Advisor? Read this first!

17.5% Jobs Projection
$79,010 Median Salary
510 Job Openings

You’re in luck! Jobs for Personal Financial Advisors in Minnesota are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Personal Financial Advisors in Minnesota is growing faster than average.

  • Personal Financial Advisors in Minnesota earn higher salaries than the typical U.S. wage earner.

How Many Personal Financial Advisors Work in Minnesota?

3,720 people worked as Personal Financial Advisors in 2018 in this state.

There were 3,570 Personal Financial Advisors employed in this state in 2017.

That’s growth of 150 jobs between 2017 and 2018.

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The typical state has 1,820 Personal Financial Advisors working in it, which means Minnesota has more Personal Financial Advisors than average.

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Job Projections for Minnesota

Jobs for Personal Financial Advisors in this state are growing at a rate of 17.5% which is faster than the nationwide estimated projection of 14.9%.

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Minnesota Annual Job Openings

The BLS estimates there will be 510 annual job openings, and 6,100 total jobs in 2026 for Personal Financial Advisors in this state.

Nationwide, the prediction is 25,500 annual jobs and 312,300 total jobs in 2026.

What do Personal Financial Advisors Make in Minnesota?

In 2018 wages for Personal Financial Advisors ranged from $43,690 to $188,170 with $79,010 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $21.01 to $90.47. The median hourly rate was $37.98.

In 2017 the median pay for this field was $42.04 an hour.

The hourly rate declined by $4.06.

The median salary in Minnesota is higher than the nationwide median salary.

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Top Minnesota Metros for Personal Financial Advisors

The table below shows some of the metros in this state with the most Personal Financial Advisors.

Metro Number Employed Annual Median Salary
Minneapolis-St. Paul-Bloomington, MN-WI 3,110 $80,360
Fargo, ND-MN 180 $71,390
Rochester, MN 90 $88,650
St. Cloud, MN 90 $71,760
Duluth, MN-WI 90 $100,010
La Crosse-Onalaska, WI-MN 80 $100,750
Grand Forks, ND-MN 80 $77,820

Top States for Personal Financial Advisors Employment

The table below shows the states where most Personal Financial Advisors work.

State Number Employed Annual Median Salary
New York 26,710 $136,830
California 24,890 $96,490
Florida 14,080 $90,460
Texas 10,830 $88,220
Massachusetts 9,060 $82,060
Illinois 8,940 $88,760
Pennsylvania 8,590 $78,470
North Carolina 7,010 $97,960
Ohio 6,000 $74,390
Michigan 5,210 $73,050
Missouri 5,050 $63,000
Wisconsin 4,730 $88,590
New Jersey 4,700 $107,250
Georgia 4,660 $96,980
Connecticut 4,470 $98,000
Virginia 4,370 $83,220
Maryland 4,290 $81,360
Colorado 4,010 $85,120
Indiana 3,740 $90,150
Minnesota 3,720 $79,010

Below are the states where Personal Financial Advisors get paid the most:

State Annual Median Salary
New York $136,830
District of Columbia $136,660
New Jersey $107,250
Delaware $101,920
Maine $101,550
Washington $99,960
Connecticut $98,000
North Carolina $97,960
Georgia $96,980
California $96,490

Discover similar careers:

Occupation MN Employment Total

References

More about our data sources and methodologies.

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