Financial Advisor Salary in Eagan, MN: $83,409 (2026)
Quick Answer:A full-time financial advisor in Eagan, MN earns a median $83,409/year (≈ $40.10/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Eagan's price level (1% below national, BEA RPP 98.5), that paycheck buys what $84,679 would nationally. Nominal pay sits 2.0% below the Minnesota state average.
Based on BLS state-level estimates · View source
In Eagan, Minnesota, financial advisors can anticipate a competitive median annual salary of $83,409 in 2026. This figure falls below the national median of $108,537, illustrating the localized economic conditions affecting compensation. The salary range for these professionals varies significantly, with entry-level earnings at approximately $48,377 and top performers earning up to $129,283. These estimates, sourced from 2025 BLS data and adjusted for regional cost of living, provide insight into the varying prospects for financial professionals in the area. The current dynamics of the market suggest that Eagan’s financial advisors are likely facing challenges from the broader national trends while still enjoying opportunities for growth uniquely tied to the local economic landscape.
About the Eagan Market
Salary estimated from Minnesota average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $48,377 | $23.26 |
| Lower Range (P25) | $60,054 | $28.87 |
| Median (P50)(typical) | $83,409 | $40.10 |
| Upper Range (P75) | $106,763 | $51.33 |
| Top Earners (P90) | $129,283 | $62.16 |
Median Salary Position
23.15% below the national average
2026 Salary Percentile Distribution in Eagan
In Eagan, MN, the financial advisor salary spread from the 10th to 90th percentile is $80,906 (2026 est.). At $83,409, the local median is 23.15% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Eagan: You'd be in the lower-middle range
How Eagan Financial Advisor Pay Compares
Eagan median: $83,409/year (2026)
| Compared To | Median Salary | Eagan Pays |
|---|---|---|
| Minnesota Average | $85,111 | -2.00% less |
| National Average | $108,537 | -23.15% less |
Financial Advisors in Eagan, MN earn a median of $83,409 per year (2026 est.), which is 23.15% lower than the national median of $108,537 and 2.00% below the Minnesota state average of $85,111.
Cost-of-Living Adjusted Salary
Eagan 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.
Eagan, MN has a cost-of-living index of 98.5 (below the national average of 100). A financial advisor earning $83,409 nominally has purchasing power equivalent to $84,679 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$67,511
2025 BLS Actual
$80,744
2026 Current Est.
$83,409
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Eagan (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $67,511 | Actual |
| 2020 | $68,648 | Actual |
| 2021 | $72,368 | Actual |
| 2022 | $73,305 | Actual |
| 2023 | $76,525 | Actual |
| 2024 | $104,267 | Actual |
| 2025 | $80,744 | Actual |
| 2026(current) | $83,409 | Estimated |
| 2027 | $86,161 | Projected |
Based on 7 years of BLS OEWS data for the Eagan metropolitan area, the median financial advisor salary grew 19.6% from $67,511 (2019) to $80,744 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $86,161 by 2027 — a total increase of $18,650 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Eagan 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) | $48,377 – $60,054 |
| 3-5 years (Mid Career) | $60,054 – $83,409 |
| 5+ years (Experienced) | $83,409 – $106,763 |
| 10+ years (Top Earner) | $106,763 – $129,283 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Eagan
The job market for financial advisors in Eagan consists of a modest pool of 13 professionals, a factor that can create competition among advisors to secure high-value clients. With a cost of living index at 98.5, advisors need to consider how their salaries translate into actual purchasing power within the community. While wirehouses such as Morgan Stanley and Wells Fargo Advisors may offer higher potential earnings due to their expansive client bases and larger assets under management, independent Registered Investment Advisors can also thrive, particularly those with a solid fee-based model. The spread in financial advisor pay in Eagan results from various factors, including individual advisors’ AUM, fee structures, and client concentration. Those seeking to maximize their financial advisor pay in Eagan, MN, should focus on cultivating high-net-worth relationships, obtaining certifications like the CFP to command higher fees, and considering breakaway opportunities from wirehouses to take advantage of more lucrative, ownership-driven compensation models.
More salary data for Eagan, 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 $80,744 for financial advisorsin the Eagan 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 Eagan 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