Minnesota ranks 24th of 47 states and D.C. for personal financial advisors pay, trailing top-paying New York ($167,970) by $73,550 — a 78% gap.
Personal Financial Advisors are more concentrated in Minnesota than the U.S. average — a location quotient of 1.24 means the occupation's share of local jobs is 1.24× the national share.
Minnesota employs roughly 2.4% of all personal financial advisors in the country (6,360 workers).
Salary Range: 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $44,380 | $21.34 |
| 25th percentile | $68,600 | $32.98 |
| 50th percentile (median) | $94,420 | $45.39 |
| 75th percentile | $148,880 | $71.58 |
| 90th percentile (top earners) | N/A | N/A |
| Mean (average) | $134,100 | $64.47 |
How Minnesota Compares
| State | Median Annual | vs. Minnesota |
|---|---|---|
| Minnesota (current) | $94,420 | n/a |
| New York | $167,970 | +78% |
| Idaho | $136,440 | +45% |
| California | $128,650 | +36% |
| Delaware | $128,170 | +36% |
| New Jersey | $123,690 | +31% |
| South Dakota | $123,380 | +31% |
| Maryland | $122,510 | +30% |
| Wisconsin | $115,680 | +23% |
Showing top-paying states with available data. View all states →
Related Occupations in Minnesota
| Occupation | Median Annual | Employment |
|---|---|---|
| Sales Engineers | $94,950 | 890 |
| Occupational Health and Safety Specialists | $93,640 | 2,390 |
| Architects, Except Landscape and Naval | $95,380 | 2,430 |
| Structural Iron and Steel Workers | $93,240 | 850 |
| Labor Relations Specialists | $95,640 | 1,660 |
| Financial Examiners | $95,720 | 1,100 |
Frequently Asked Questions
What is the average Personal Financial Advisors salary in Minnesota?
The mean personal financial advisors salary in Minnesota is $134,100 per year. The median (middle) salary is $94,420 per year.
What is the starting salary for a Personal Financial Advisors in Minnesota?
Entry-level personal financial advisorss (10th percentile) in Minnesota typically earn around $44,380 per year. Workers at the 25th percentile earn approximately $68,600 per year.
What is the highest Personal Financial Advisors salary in Minnesota?
Top earners (90th percentile) in this occupation in Minnesota make approximately N/A per year. Those in the 75th percentile earn around $148,880 per year.
How does the Minnesota Personal Financial Advisors salary compare to the national average?
The median personal financial advisors salary in Minnesota is $94,420, which is -8% below national average of $102,140.