Financial Advisor Salary in St. Paul, MN: $105,750 (2026)
Quick Answer:A full-time financial advisor in St. Paul, MN earns a median $105,750/year (≈ $50.84/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in St. Paul's price level (1% below national, BEA RPP 98.5), that paycheck buys what $107,360 would nationally. Nominal pay sits 24.3% above the Minnesota state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in St. Paul, Minnesota, can expect a median annual salary of $105,750, which reflects a slight decline of 2.57% compared to the national median of $108,537. The projected salary range varies widely from $61,335 at the 10th percentile to $163,913 at the 90th percentile, indicating significant earning potential depending on experience and client management. These figures are derived from 2025 BLS data, adjusted for regional price parities, which suggest that St. Paul offers a favorable salary relative to its cost of living index of 98.5. This competitive positioning is increasingly appealing as the market shifts towards fee-only advisory models, bolstered by the growth of CFP-certified professionals who command higher premiums due to their fiduciary duty to clients.
About the St. Paul Market
Salary estimated from Minnesota average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $61,335 | $29.49 |
| Lower Range (P25) | $76,140 | $36.61 |
| Median (P50)(typical) | $105,750 | $50.84 |
| Upper Range (P75) | $135,360 | $65.08 |
| Top Earners (P90) | $163,913 | $78.81 |
Median Salary Position
2.57% below the national average
2026 Salary Percentile Distribution in St. Paul
In St. Paul, MN, the financial advisor salary spread from the 10th to 90th percentile is $102,578 (2026 est.). At $105,750, the local median is 2.57% below the national median of $108,537.
Salary Calculator
At 40 hours/week in St. Paul: You'd be in the lower-middle range
How St. Paul Financial Advisor Pay Compares
St. Paul median: $105,750/year (2026)
| Compared To | Median Salary | St. Paul Pays |
|---|---|---|
| Minnesota Average | $85,077 | +24.30% more |
| National Average | $108,537 | -2.57% less |
Financial Advisors in St. Paul, MN earn a median of $105,750 per year (2026 est.), which is 2.57% lower than the national median of $108,537 and 24.30% above the Minnesota state average of $85,077.
Cost-of-Living Adjusted Salary
St. Paul 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.
St. Paul, MN has a cost-of-living index of 98.5 (below the national average of 100). A financial advisor earning $105,750 nominally has purchasing power equivalent to $107,360 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$85,594
2025 BLS Actual
$102,372
2026 Current Est.
$105,750
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in St. Paul (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $85,594 | Actual |
| 2020 | $87,036 | Actual |
| 2021 | $91,752 | Actual |
| 2022 | $92,941 | Actual |
| 2023 | $97,023 | Actual |
| 2024 | $110,578 | Actual |
| 2025 | $102,372 | Actual |
| 2026(current) | $105,750 | Estimated |
| 2027 | $109,240 | Projected |
Based on 7 years of BLS OEWS data for the St. Paul metropolitan area, the median financial advisor salary grew 19.6% from $85,594 (2019) to $102,372 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $109,240 by 2027 — a total increase of $23,646 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the St. Paul 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) | $61,335 – $76,140 |
| 3-5 years (Mid Career) | $76,140 – $105,750 |
| 5+ years (Experienced) | $105,750 – $135,360 |
| 10+ years (Top Earner) | $135,360 – $163,913 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in St. Paul
Employment for financial advisors in St. Paul is robust, with about 80 professionals currently in the field. While the cost of living offers an advantage, it’s crucial for advisors to consider how their compensation translates into purchasing power. Notably, firms that tend to pay the most are typically large wirehouses like Morgan Stanley and Wells Fargo Advisors or independent broker-dealers like LPL. The varying salaries can be attributed to several factors, including AUM book size, fee models, and client demographics. Advisors with specialized credentials, such as CFP or CFA, may also benefit from higher evaluations. Emphasizing a fiduciary standard and building a personal brand can enhance an advisor's marketability in St. Paul, allowing for greater earning potential in a competitive environment.
More salary data for St. Paul, 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 $102,372 for financial advisorsin the St. Paul 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 St. Paul 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