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Personal Financial Advisors

Advise clients on how to use or save their money.

Quick Facts

Wages:

Well above the statewide median
$41.89 / hour    Read more about wages

Outlook:

Average
Growth rate:  4.6%    Read more about outlook

Education:

Bachelor's degree is typically required.

On the Job:

Typical Work Tasks
  • Interview clients to gather financial information.
  • Implement financial decisions.
  • Develop business relationships.
  • Analyze market conditions or trends.
Read more about the job

Job Title Examples:

Financial Planner
Portfolio Manager
Financial Advisor

See more job title examples

View All Career Information


 

O*NET in-it

This page includes information from the O*NET 24.2 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA.



Wages & Outlook

 

Typical Wages   This career pays well above the median wage.

Wages listed below are for a variety of experience and education levels. Make sure that you research the typical entry-level education and work experience and training requirements for this occupation.

This career: $41.89
Statewide median: $24.25

 

This is a very high-wage career. It pays well above the statewide median wage.


Wages for Personal Financial Advisors *

Area Low Median High
U S
$30.38 $46.77 $81.19
Minnesota
$31.91 $41.89 $80.05
Central Minnesota
$31.68 $40.35 $76.51
Northeast Minnesota
$27.79 $38.25 $71.45
Northwest Minnesota
$30.21 $36.19 $71.86
Southeast Minnesota
$30.06 $44.13 $74.25
Southwest Minnesota
$29.49 $37.58 $69
Seven County Mpls-St Paul, MN
$31.97 $44.1 $80.43

* "Low" indicates 25% of workers earn less and 75% earn more.
"Median" indicates 50% of workers earn less and 50% earn more.
"High" indicates 75% of workers earn less and 25% earn more.

See more wage detail.

 

Employment

In Minnesota, there are 6740 workers employed in this medium-sized career.

Where do Personal Financial Advisors most often work?

 

Current Demand

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