Financial Advisor Hourly Pay in St. Louis Park, MN: $39.41 (2026)
Quick Answer:Hourly pay for a financial advisor working in St. Louis Park, MN runs $39.41 at the median for 2026 — annualizing to $81,961 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against St. Louis Park's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $40.01 nationally would. A 24-hour part-time schedule grosses $49,182 per year.
Based on BLS state-level estimates · View source
In St. Louis Park, Minnesota, the financial advisor hourly pay is projected to be $39.41 in 2026. This figure is notably lower than the national hourly median of $52.18, indicating varying market conditions. For part-time advisors working three days a week, the hourly pay allows for a flexible schedule while ensuring a reasonable income. When taking on per-diem assignments, financial advisors often find themselves in various environments—from wirehouse branch offices to remote client meetings. The hourly pay range starts at $22.85 for entry-level positions and can extend to $61.08 for the top earners, reflecting the breadth of experience and expertise necessary in this evolving field.
About the St. Louis Park 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) | $22.85 | $182.80 |
| Lower Range (P25) | $28.37 | $226.93 |
| Median (P50) | $39.41 | $315.27 |
| Upper Range (P75) | $50.44 | $403.53 |
| Top Earners (P90) | $61.08 | $488.65 |
Estimated Annual Income by Work Schedule in St. Louis Park
Based on $39.41/hr median hourly rate · 2026 est.
At $39.41/hr, a financial advisor working full-time (40 hr/wk) in St. Louis Park, MN can expect to earn approximately $81,971 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $47,291. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in St. Louis Park.
Hourly Rate Calculator
Schedule Comparison in St. Louis Park
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,576.36 | $6,831 | $81,971 |
| Part-Time (24 hrs) | $945.81 | $4,099 | $49,182 |
| Per Diem (16 hrs) | $630.54 | $2,732 | $32,788 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (St. Louis Park) | $39.41 |
| 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 St. Louis Park, MN earn a median of $81,961 per year (2026 est.), which is 24.49% lower than the national median of $108,537 and 3.70% below the Minnesota state average of $85,110.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $39.41/hr = $49,182/year (purchasing power: $49,931).
Working 40h/week (full-time) = $81,971/year (purchasing power: $83,219).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$31.90/hr
2025 BLS Actual
$38.15/hr
2026 Current Est.
$39.41/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in St. Louis Park (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $31.90/hr | Actual |
| 2020 | $32.43/hr | Actual |
| 2021 | $34.19/hr | Actual |
| 2022 | $34.64/hr | Actual |
| 2023 | $36.16/hr | Actual |
| 2024 | $49.26/hr | Actual |
| 2025 | $38.15/hr | Actual |
| 2026(current) | $39.41/hr | Estimated |
| 2027 | $40.71/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in St. Louis Park grew 19.6% from $31.90/hr (2019) to $38.15/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $40.71/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 St. Louis Park 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 St. Louis Park
Analyzing the financial advisory landscape reveals significant earning potential for part-time professionals in St. Louis Park. A financial advisor working 24 hours a week can expect an annual income that will be considerably lower than that of a full-time counterpart. Additionally, the per diem financial advisor pay in St. Louis Park can vary widely based on assignment types. Experienced advisors offering comprehensive plans may charge between $3,000 and $15,000 per plan, while consulting for retirement plans at small businesses can yield annual retainers ranging from $5,000 to $25,000. Hourly rates also fluctuate depending on the employer; wirehouses, independent broker-dealers, and insurance-affiliated firms offer varying compensation packages, often trading off higher hourly rates for benefits. Negotiation strategies are critical in securing favorable pay while considering job security and benefits in this bifurcated industry. Understanding these dynamics allows financial advisors to make informed decisions regarding their career paths and compensation structure in St. Louis Park.
More salary data for St. Louis Park, 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 St. Louis Park. 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 St. Louis Park 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