Personal Financial Advisor Salary in Minneapolis, MN
2024 BLS OEWS Data · Finance · COL Index: 106.2
$99,070
Median Salary
$142,780
Mean Salary
$93,286
COL-Adjusted
4,860
Employment
Salary Distribution
Percentile Breakdown
| Percentile | Salary | COL-Adjusted |
|---|---|---|
| 10th Percentile (Entry Level) | $44,670 | $42,062 |
| 25th Percentile | $74,860 | $70,490 |
| 50th Percentile (Median) | $99,070 | $93,286 |
| 75th Percentile | $162,380 | $152,900 |
| 90th Percentile (Top Earners) | $244,683 | $230,398 |
What Drives the Range
The $200,013 spread between the 10th and 90th percentiles for Personal Financial Advisor positions in Minneapolis, MN reflects several factors. Entry-level professionals and those in smaller organizations typically fall in the lower quartiles, while senior specialists, those with in-demand certifications, and employees at large enterprises command salaries in the upper percentiles.
Minneapolis, MN's cost-of-living index of 106.2 means that a $99,070 median salary here has the same purchasing power as $93,286 in an average-cost U.S. city. The relatively moderate cost of living makes this a competitive market for purchasing power.