Financial Advisor Salary in Brooklyn Center, MN: $83,388 (2026)
Quick Answer:A full-time financial advisor in Brooklyn Center, MN earns a median $83,388/year (≈ $40.09/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Brooklyn Center's price level (1% below national, BEA RPP 98.5), that paycheck buys what $84,658 would nationally. Nominal pay sits 2.0% below the Minnesota state average.
Based on BLS state-level estimates · View source
In Brooklyn Center, Minnesota, financial advisors can anticipate a median annual salary of $83,388 for 2026, reflecting the evolving dynamics of the industry where the wirehouse model contrasts significantly with the growing Registered Investment Advisor (RIA) sector. The salary range for financial advisors in this area varies from $48,365 at the lower end (P10) to an upper threshold of $129,251 (P90). These figures are derived from 2025 BLS data, adjusted according to local economic conditions. For professionals considering this market, it's essential to understand how the compensation structure is influenced by the assets under management (AUM) model, which generally favors advisors in the RIA space who utilize a fee-based approach over those in traditional commission-based roles at wirehouses.
About the Brooklyn Center Market
Salary estimated from Minnesota average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $48,365 | $23.25 |
| Lower Range (P25) | $60,039 | $28.86 |
| Median (P50)(typical) | $83,388 | $40.09 |
| Upper Range (P75) | $106,737 | $51.32 |
| Top Earners (P90) | $129,251 | $62.13 |
Median Salary Position
23.17% below the national average
2026 Salary Percentile Distribution in Brooklyn Center
In Brooklyn Center, MN, the financial advisor salary spread from the 10th to 90th percentile is $80,886 (2026 est.). At $83,388, the local median is 23.17% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Brooklyn Center: You'd be in the lower-middle range
How Brooklyn Center Financial Advisor Pay Compares
Brooklyn Center median: $83,388/year (2026)
| Compared To | Median Salary | Brooklyn Center Pays |
|---|---|---|
| Minnesota Average | $85,090 | -2.00% less |
| National Average | $108,537 | -23.17% less |
Financial Advisors in Brooklyn Center, MN earn a median of $83,388 per year (2026 est.), which is 23.17% lower than the national median of $108,537 and 2.00% below the Minnesota state average of $85,090.
Cost-of-Living Adjusted Salary
Brooklyn Center has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Brooklyn Center, MN has a cost-of-living index of 98.5 (below the national average of 100). A financial advisor earning $83,388 nominally has purchasing power equivalent to $84,658 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$67,494
2025 BLS Actual
$80,724
2026 Current Est.
$83,388
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Brooklyn Center (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $67,494 | Actual |
| 2020 | $68,631 | Actual |
| 2021 | $72,350 | Actual |
| 2022 | $73,287 | Actual |
| 2023 | $76,506 | Actual |
| 2024 | $104,241 | Actual |
| 2025 | $80,724 | Actual |
| 2026(current) | $83,388 | Estimated |
| 2027 | $86,140 | Projected |
Based on 7 years of BLS OEWS data for the Brooklyn Center metropolitan area, the median financial advisor salary grew 19.6% from $67,494 (2019) to $80,724 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $86,140 by 2027 — a total increase of $18,646 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Brooklyn Center 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $48,365 – $60,039 |
| 3-5 years (Mid Career) | $60,039 – $83,388 |
| 5+ years (Experienced) | $83,388 – $106,737 |
| 10+ years (Top Earner) | $106,737 – $129,251 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Brooklyn Center
With only seven financial advisors currently employed in Brooklyn Center, the job market here can appear limited. However, the cost of living index stands at 98.5, indicating a lower-than-average cost of living which lends an advantage to local professionals as far as purchasing power is concerned. Wirehouses such as Merrill Lynch and Wells Fargo Advisors may offer competitive pay; however, independent firms and RIAs often excel in attracting and compensating knowledgeable advisors, particularly those holding CFP or CFA credentials. The disparity in pay can largely be attributed to factors such as client book size, fee structures, and any transition packages offered to advisors leaving wirehouses. For financial advisors in Brooklyn Center, pursuing high-net-worth clients and the potential for partner equity in RIAs could represent viable strategies to maximize earnings in this unique market.
More salary data for Brooklyn Center, 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
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 BLS reported a median annual salary of $80,724 for financial advisorsin the Brooklyn Center metropolitan area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Brooklyn Center 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