Entry-Level Financial Advisor Salary in Maplewood, MN: $47,576 (2026)
Quick Answer:New financial advisors entering the Maplewood, MN job market in 2026 can expect a starting salary around $47,576 (BLS 10th-percentile benchmark for SOC 13-2052, projected from 2025 OEWS data). Stripping out Maplewood's local price level (BEA RPP 98.5 — 1% below national), a first-year paycheck buys what $48,301 would in average-cost America. Most reach the city median ($82,027) within a few years of clinical practice.
Based on BLS state-level estimates · View source
In 2026, newcomers entering the field of financial advising in Maplewood, Minnesota can expect an entry-level financial advisor salary starting around $47,576. This figure, reflective of typical earnings for those just embarking on their careers, stands in contrast to the city’s median annual salary of $82,027, indicating a significant gap that professionals should be prepared to bridge over time. As entry-level advisors gain experience, they can realistically anticipate movement through the salary ranges—from $47,576 to $59,060, and eventually up toward the median—within the first three to five years of service. Given that the financial advisor market is expected to grow at an annual rate of 3.30%, Maplewood represents a viable opportunity for new graduates seeking to enter this sector.
About the Maplewood Market
Salary estimated from Minnesota average ($108,000) adjusted for local cost of living.
Career Earnings Timeline in Maplewood
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in Maplewood
Entry-level financial advisors in Maplewood, MN typically start between $47,576 and $59,060 per year (2026 est.). The full salary range spans $79,567 from the 10th to 90th percentile, with the local median at $82,027 — 24.42% below the national median.
Return on Investment
The average financial planning program cost in Minnesota of $52,000 represents just 109.30% of the starting financial advisor pay ($47,576/year) in Maplewood. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.
Program cost estimates cover bachelor's degree tuition plus licensing exam fees (Series 7, 63/66) and optional CFP certification program costs. Continuing education is required for license maintenance.
CFP, FA Salary Negotiation Tips for New Graduates in Maplewood
- 1Research the Maplewood market: entry-level financial advisor pay ranges from $47,576 to $59,060, so aim for at least the 25th percentile if you have strong credentials.
- 2Highlight any additional certifications or specialty training within the financial planning field — employers in MN often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Maplewood, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
- 4Consider starting with a larger hospital system or multi-site employer in Maplewood for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Maplewood's moderate cost of living means your starting salary goes further here compared to many larger metro areas.
Financial Advisor Compensation Range
The financial advisor wage spread in Maplewood is $79,567 ( 167.24%) between entry-level and top earners. Starting at $47,576, experienced hygienists can earn up to $127,143.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$39,412
2025 BLS Actual
$46,056
2026 Current Est.
$47,576
2019–2027 Growth
+24.7%
Salary Trajectory for Financial Advisors in Maplewood (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $39,412 | Actual |
| 2020 | $40,468 | Actual |
| 2021 | $43,652 | Actual |
| 2022 | $42,853 | Actual |
| 2023 | $44,716 | Actual |
| 2024 | $59,474 | Actual |
| 2025 | $46,056 | Actual |
| 2026(current) | $47,576 | Estimated |
| 2027 | $49,146 | Projected |
Entry-level financial advisor compensation (10th percentile) in Maplewood, MN grew 16.9% over 7 years based on actual BLS metropolitan area surveys, rising from $39,412 in 2019 to $46,056 in 2025. By 2027, starting salaries are projected to reach $49,146. New graduates entering the Maplewood job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Maplewood metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.30% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Starting Your financial planning Career in Maplewood
Employers in the Maplewood area actively recruit fresh talent, particularly through insurance career agencies such as Northwestern Mutual and Edward Jones, which often provide structured training programs and commission bonuses encouraging growth. As the industry evolves, registered investment advisors (RIAs) also serve as attractive hiring venues for new graduates, particularly those who are CFP candidates, as they typically follow a fee-only model that rewards growth based on assets under management. To boost their starting pay in MN, new advisors should consider obtaining their Series 7 and Series 66 licenses, as well as pursuing credentials like the CFP or CFA, which enhance their credibility and marketability within this evolving landscape. With the transition between commission-based and fiduciary models, early-career professionals need to focus on building a robust network while honing their client service skills, as compensation structures are diversifying in response to client preferences for transparency and value over time.
More salary data for Maplewood, MN:
Frequently Asked Questions
What is the starting salary for financial advisors in Maplewood in 2026?
How fast do financial advisor salaries grow in Maplewood?
Is financial planning school worth it in Maplewood?
What do new financial advisors make right out of school in Maplewood?
How do I become a financial advisor in Minnesota?
Related Pages
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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.
Methodology & Data Source
Entry-level salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The 10th percentile (entry-level) is used as the starting salary benchmark for new financial planning graduates. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Maplewood. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Maplewood is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.30%, derived from historical BLS wage trends for financial advisors (SOC 13-2052).
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov