Financial Advisor salary in Minnesota

Average salary
$84,500/yr
Based on 322 income tax records
$30,500
$545,500
Age:
Average salary by age
18-25
26-35
36-45
46-55
56+
 
$50K
 
$79K
 
$139K
 
$135K
 
$89K
$30,500
$545,500
How much do Financial Advisors make?
The average total salary for a Financial Advisor is $84,500 per year. This is based on data from 322 TurboTax users who reported their occupation as Financial Advisor and includes taxable wages, tips, bonuses, and more. Financial Advisor salary can vary between $30,500 to $545,500 depending on factors including education, skills, experience, employer & location. Read more
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DATA PROVIDED BY turbotax icon

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

Financial Advisor salary by location

Financial Advisor salary by company

Employer
Average salary per year*
Salary range**
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Wells Fargo, Minnesota
31 income tax records
$185,000/yr
$42K – $858K
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Royal Bank Of Canada, Minnesota
20 income tax records
$137,000/yr
$58K – $476K
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Merrill Lynch, Minnesota
25 income tax records
$90,500/yr
$60K – $559K
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Ameriprise Financial Services, Minnesota
24 income tax records
$74,500/yr
$42K – $200K

Financial Advisor demographics in Minnesota

single icon
45% are single
married icon
55% are married
have kids icon
43% have kids
own a home icon
71% own a home

Effective Tax Rates for Financial Advisors in Minnesota

322 full-time salaries from 2019
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FAQS
The average salary for a financial advisor in Minnesota is $84,500 per year. Financial advisor salaries in Minnesota can vary between $30,500 to $545,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 322 tax returns from TurboTax customers who reported their occupation as financial advisor.

The following companies offer the highest salaries for financial advisors in Minnesota: Wells Fargo ($185,000 a year), Royal Bank of Canada ($137,000 a year), and Merrill Lynch ($90,500 a year).
*
Total salary amounts here include total taxable wages, tips, prizes and other compensation. Salaries here are not representative of the total population and may reflect different levels of experience or education. Learn more
**
Total salary ranges shown here exclude outliers.