Financial Advisor Pay

Minneapolis vs Ramsey: Financial Advisor Salary (2026)

Compare financial advisor salaries between Minneapolis, MN and Ramsey, MN. All figures are 2026 estimates projected from BLS 2025 data.

Minneapolis, MN
$106,823
$51.35/hr
Ramsey, MN
$82,985
$39.89/hr

Side-by-Side Comparison

MetricMinneapolis, MNRamsey, MN
Median Salary$106,823$82,985
Hourly Rate$51.35$39.89
Entry Level (P10)$49,088$48,132
25th Percentile$78,353$59,749
75th Percentile$173,275$106,221
Top Earner (P90)$328,907$128,627
Total Employed4,1507
Side-by-side bar chart comparing Minneapolis ($106,823) and Ramsey ($82,985) financial advisor salaries.MinneapolisRamseyMedian Salary$106,823$82,985Entry Level (P10)$49,088$48,132Top Earner (P90)$328,907$128,627US Median $108,537

Verdict

Minneapolis, MN offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Ramsey.

The salary gap between Minneapolis and Ramsey is $23,838 (28.73%). Minneapolis's median is -1.58% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Minneapolis spans $279,819,Ramsey spans $80,495. Minneapolis has a wider pay range, meaning more potential for high earners but also more variation.

Minneapolis
P10 (Entry)$49,088
P25$78,353
Median$106,823
P75$173,275
P90 (Top)$328,907
Ramsey
P10 (Entry)$48,132
P25$59,749
Median$82,985
P75$106,221
P90 (Top)$128,627

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Minneapolis ($101,909 effective) pays 20.96% more than Ramsey ($84,249 effective).

Minneapolis
Nominal: $106,823
CoL Index: 104.822
Adjusted: $101,909
Ramsey
Nominal: $82,985
CoL Index: 98.5
Adjusted: $84,249

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Minneapolis if…

  • Higher median salary ($106,823/year)
  • Better top-earner potential ($328,907)
  • Larger job market (4,150 employed)
  • Better purchasing power (CoL-adjusted: $101,909)
  • You prefer the Minnesota area and lifestyle

Choose Ramsey if…

  • You prefer the Minnesota area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Minneapolis grew 24.6% from 2019 to 2025, compared to -22.6% growth in Ramsey over the same period.

Minneapolis, MN

+24.6%

$82,970 (2019) → $103,410 (2025)

Ramsey, MN

+-22.6%

$103,738 (2024) → $80,334 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Minneapolis or Ramsey?

Minneapolis has a higher median financial advisor salary at $106,823/year, compared to Ramsey at $82,985/year — a difference of $23,838 (28.73%).

What is the hourly rate difference between Minneapolis and Ramsey?

Minneapolis financial advisors earn $51.35/hr while Ramsey hygienists earn $39.89/hr (2026 est.).

Should I relocate from Minneapolis to Ramsey as a financial advisor?

Consider more than just salary when comparing Minneapolis and Ramsey. Factor in cost of living (CoL-adjusted: Minneapolis = $101,909, Ramsey = $84,249), job availability (4,150 vs 7 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Minneapolis vs Ramsey?

Entry-level (10th percentile) financial advisors earn $49,088 in Minneapolis and $48,132 in Ramsey. The Minneapolis area offers higher starting salaries.

Related Comparisons

JL

Written by Jordan Lee, CFP

Career Analyst

Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.

Clinically reviewed by Sophia Martinez, CFAData verified by Ethan Wang, ChFC

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov