Personal Financial Advisor Salary in Minneapolis, MN
Personal Financial Advisors in the Minneapolis-St. Paul-Bloomington, MN-WI metro area earn a median $103,410 a year — 2% less than the national median. After 2026 taxes, that is $76,070 take-home, or $6,339 a month.
Take-home pay calculator
Pre-filled with the median personal financial advisor salary in Minneapolis, MN. Enter your own offer to see your paycheck.
- Federal income tax$13,920
- Social Security (6.2%)$6,411
- Medicare (1.45%)$1,499
- Minnesota income tax$5,508
- Take-home pay$76,070
Marginal rate: 22% federal + 6.80% state
The Minneapolis-St. Paul-Bloomington, MN-WI metro spans Minnesota, Wisconsin. Pick the state you live in — state income tax follows your residence.
Got an offer somewhere else? Compare it with this one after taxes and rent →
Personal Financial Advisor pay by experience in Minneapolis, MN
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $47,520 | $22.85 | $38,639 | $3,220 |
| 25th percentile | $75,850 | $36.47 | $58,556 | $4,880 |
| Median (50th) | $103,410 | $49.72 | $76,070 | $6,339 |
| 75th percentile | $167,740 | $80.64 | $115,582 | $9,632 |
| 90th percentile (top earners) | $318,400+ | $153.08 | $202,544 | $16,879 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Minnesota resident, 2026 tax rules.
What $103,410 buys in Minneapolis, MN
Prices in Minneapolis, MN are 4.8% higher than the U.S. average (housing costs are 1.12× the national average). Adjusted for local prices, a median personal financial advisor's $76,070 take-home pay has the buying power of $72,571 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Minneapolis, MN has 1.2× the national concentration of personal financial advisor jobs — a strong local market for this occupation.
Best-paying cities for personal financial advisors, adjusted for cost of living
Minneapolis, MN ranks #17 of 23 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | New York, NY | $170,050 | $118,502 | $105,277 |
| 2 | Kansas City, MO | $123,140 | $90,582 | $97,881 |
| 3 | San Francisco, CA | $160,610 | $108,248 | $93,629 |
| 4 | Bridgeport, CT | $135,770 | $98,069 | $91,770 |
| 5 | Miami, FL | $125,670 | $97,161 | $85,114 |
| 6 | Philadelphia, PA | $116,560 | $87,252 | $85,079 |
| 7 | St. Louis, MO | $103,690 | $77,840 | $81,861 |
| 8 | Indianapolis, IN | $102,640 | $78,039 | $81,549 |
| 17 | Minneapolis, MN | $103,410 | $76,070 | $72,571 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 23 metros →
About the job: personal financial advisors
Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.
- Typical education
- Bachelor's degree
- Work experience
- None required
- On-the-job training
- Long-term on-the-job training
- Job outlook, 2025–35
- +1.4% (slower than average)
Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.
Frequently asked questions
How much does a personal financial advisor make in Minneapolis, MN?
The median personal financial advisor salary in the Minneapolis-St. Paul-Bloomington, MN-WI metro area is $103,410 a year, or about $49.72 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $75,850 and $167,740.
What is a personal financial advisor’s take-home pay in Minneapolis, MN?
On the median $103,410 salary, a single filer living in Minnesota takes home about $76,070 a year ($6,339 a month) after federal tax, Social Security, Medicare and $5,508 in Minnesota taxes in 2026.
Is Minneapolis, MN a good place to work as a personal financial advisor?
Pay here is 2% below the national median of $105,070. Local prices are 4.8% above the U.S. average, so the take-home pay buys what $72,571 would in a typical U.S. city. Minneapolis, MN ranks #17 of 23 metro areas for cost-of-living-adjusted pay in this job.
Can a personal financial advisor afford rent in Minneapolis, MN?
HUD’s fair market rent for a one-bedroom in Minneapolis, MN is $1,396 a month ($1,700 for two bedrooms) — 22% of a median personal financial advisor’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Minneapolis, MN
- Financial and Investment Analyst — $103,350
- Loan Officer — $102,200
- Management Analyst — $101,560
- Market Research Analyst and Marketing Specialist — $97,910
- Project Management Specialist — $97,860
- Compliance Officer — $91,150
- Accountant and Auditor — $86,500
- Logistician — $83,990
- Buyer and Purchasing Agent — $82,710
- Cost Estimator — $82,440
- Human Resources Specialist — $80,330
- Business Operations Specialists, All Other — $79,690