Financial Advisor Hourly Pay in Coon Rapids, MN: $39.62 (2026)
Quick Answer:Hourly pay for a financial advisor working in Coon Rapids, MN runs $39.62 at the median for 2026 — annualizing to $82,411 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Coon Rapids's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $40.22 nationally would. A 24-hour part-time schedule grosses $49,440 per year.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Coon Rapids, Minnesota can expect a median hourly rate of $39.62. This figure is noticeably lower than the national median hourly rate of $52.18, reflecting both local economic conditions and the unique demands of the role within the region. For those working part-time, such as a financial advisor operating three days a week, the work flexibility can appeal to many, particularly in varied settings like wirehouse branch offices, insurance agency offices, or remote planning meetings. Given the hourly range from $22.98 at the 10th percentile to $61.41 at the 90th percentile, advisors can strategically navigate their earnings based on experience and practice type. However, these rates are projections based on annual salary data, making it imperative for professionals to consider how they can maximize their value within this framework.
About the Coon Rapids Market
Salary estimated from Minnesota average ($108,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $22.98 | $183.87 |
| Lower Range (P25) | $28.53 | $228.25 |
| Median (P50) | $39.62 | $316.92 |
| Upper Range (P75) | $50.71 | $405.68 |
| Top Earners (P90) | $61.41 | $491.29 |
Estimated Annual Income by Work Schedule in Coon Rapids
Based on $39.62/hr median hourly rate · 2026 est.
At $39.62/hr, a financial advisor working full-time (40 hr/wk) in Coon Rapids, MN can expect to earn approximately $82,400 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $47,539. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Coon Rapids.
Hourly Rate Calculator
Schedule Comparison in Coon Rapids
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,584.62 | $6,867 | $82,400 |
| Part-Time (24 hrs) | $950.77 | $4,120 | $49,440 |
| Per Diem (16 hrs) | $633.85 | $2,747 | $32,960 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Coon Rapids) | $39.62 |
| Financial Analyst (National Avg) | $47.61 |
| Accountant / Auditor (National Avg) | $39.88 |
| Insurance Sales Agent (National Avg) | $29.02 |
| Securities / Commodities Sales Agent (National Avg) | $35.30 |
Financial Advisors in Coon Rapids, MN earn a median of $82,411 per year (2026 est.), which is 24.07% lower than the national median of $108,537 and 3.20% below the Minnesota state average of $85,135.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $39.62/hr = $49,440/year (purchasing power: $50,193).
Working 40h/week (full-time) = $82,400/year (purchasing power: $83,655).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$32.06/hr
2025 BLS Actual
$38.35/hr
2026 Current Est.
$39.62/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Coon Rapids (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $32.06/hr | Actual |
| 2020 | $32.60/hr | Actual |
| 2021 | $34.37/hr | Actual |
| 2022 | $34.82/hr | Actual |
| 2023 | $36.35/hr | Actual |
| 2024 | $49.53/hr | Actual |
| 2025 | $38.35/hr | Actual |
| 2026(current) | $39.62/hr | Estimated |
| 2027 | $40.92/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Coon Rapids grew 19.6% from $32.06/hr (2019) to $38.35/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $40.92/hr by 2027. Part-time and per-diem financial advisors can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Coon Rapids 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.
Working as an Hourly Financial Advisor in Coon Rapids
Shifting focus to the realities of working part-time or per-diem in Coon Rapids reveals a distinct earnings landscape. A financial advisor working 24 hours per week might anticipate an annual income lower than that of a full-time counterpart, potentially translating to around $62,220 annually at the median hourly rate. This contrasts sharply with full-time roles, highlighting the financial trade-offs inherent in part-time settings. Moreover, per-diem financial advisor pay in Coon Rapids can fluctuate widely, particularly for seasoned fiduciary advisors who offer project-based plans, often charging between $3,000 to $15,000 per comprehensive financial plan. The hourly rates for financial advisors can also depend heavily on their employer type—whether wired with a major investment firm, operating within independent broker-dealers, or affiliated with insurance companies. Advisors at wirehouses may benefit from more structured salaries and benefits, thus opting for lower hourly pay in favor of job security and health insurance. In contrast, those navigating the independent landscape might command higher hourly rates but take on the added complexities of benefits management and client acquisition. For financial advisors seeking negotiations, emphasizing a strong client portfolio or specialized services can yield better pay despite market pressures in Coon Rapids.
More salary data for Coon Rapids, MN:
Frequently Asked Questions
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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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for financial advisors in Coon Rapids. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Coon Rapids 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