Senior Financial Advisor Salary in Burnsville, MN: $130,077 (2026)
Quick Answer:The top tier of financial advisors working in Burnsville, MN — those at or above the 90th percentile — pull in $130,077/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 13-2052. Strip back Burnsville's price premium (BEA RPP 98.5, 1% below national) and that top-decile pay carries the same buying power as $132,058 in average-cost America. The 55% spread above city median typically rewards 7+ years of practice or specialty credentials.
Based on BLS state-level estimates · View source
Burnsville's market for experienced financial advisors offers significant potential for high earnings, with top-tier professionals realizing salaries upwards of $130,077 in 2026. The median annual salary in the area is projected at $83,921, but the stark difference between this median and the potential earnings of advanced practitioners in the field underscores the experience premium available to those who reach the upper echelons of their profession. Achieving a high financial advisor salary in Burnsville necessitates not only extensive experience of seven years or more but also specialization in high-demand areas such as private wealth management or estate planning, which can elevate one’s profile and earnings status dramatically in this competitive market.
About the Burnsville Market
Salary estimated from Minnesota average ($108,000) adjusted for local cost of living.
2026 Salary Percentile Distribution in Burnsville
Experienced financial advisors at the top of the pay scale in Burnsville earn between $107,419 and $130,077 per year (2026 est.). This $81,403 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Burnsville median of $83,921 sits 22.68% below the US median.
Top CFP, FA Salary Comparison
| Level | Burnsville | National |
|---|---|---|
| Median (P50) | $83,921 | $108,537 |
| 75th Percentile | $107,419 | $182,624 |
| 90th Percentile (Top 10%) | $130,077 | $368,802 |
In Burnsville, experienced financial advisors (P90) earn 55.00% more than the local median — reflecting the significant value of specialization and tenure in this market.
What Drives Top Financial Advisor Pay in Burnsville
Advanced Certifications in Minnesota
MN financial advisors with additional specialty certifications within the financial planning field earn significantly above the $83,921 median. Expanded-scope credentials are increasingly valued by Burnsville employers.
Specialty Focus
Financial Advisors focusing on high-acuity or specialty areas within the financial planning field in Burnsville command premium compensation, often reaching the $107,419–$130,077 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Burnsville metro area often pay above-market rates for experienced financial advisors who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured financial advisors in Burnsville with established relationships have strong negotiating leverage. In this developing market, retention bonuses and annual raises are common for top performers.
Continuing Education & Leadership
Financial Advisors in Minnesota who pursue advanced degrees, mentor junior staff, or lead clinical education programs position themselves for the highest compensation tiers and management roles.
Financial Advisor Career & Wage Growth Path in Burnsville
Clinical Financial Advisor
0-5 yearsSenior/Lead Financial Advisor
5-10 yearsFinancial Advisor Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedBurnsville ranks #18 of 44 Minnesota cities for top earner financial advisor salary (90th percentile: $130,077).
Top 10% financial advisor compensation in Burnsville ($130,077) is 57.75% below the Minnesota average P90 ($307,853).
2024 BLS Actual
$135,332
2025 BLS Actual
$125,922
2026 Current Est.
$130,077
2024–2027 Growth
+-0.7%
Salary Trajectory for Financial Advisors in Burnsville (2024–2027)
2024–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2024 | $135,332 | Actual |
| 2025 | $125,922 | Actual |
| 2026(current) | $130,077 | Estimated |
| 2027 | $134,370 | Projected |
Top-earning financial advisors (90th percentile) in Burnsville saw their compensation grow -7.0% from $135,332 in 2024 to $125,922 in 2025, based on 2 years of BLS OEWS data for this metropolitan area. At a 3.30% annual growth rate, senior-level pay is projected to reach $134,370 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2024–2025) are actual BLS OEWS figures for the Burnsville 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 2-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Maximizing Your Financial Advisor Earnings in Burnsville
Strategies to maximize senior financial advisor pay MN rely heavily on specialization and firm type. Advisors focusing on high-net-worth clients, retirement advising, or complex financial situations, such as divorce or business succession, can command higher compensation. Furthermore, the type of employer significantly impacts salaries; wirehouses often offer commission-based structures, while registered investment advisors (RIAs) typically use asset under management (AUM) models, affecting overall earnings potential. Career advancement paths, from junior advisor to partner or founder roles within RIAs, also contribute to enhanced earnings opportunities. Additionally, having advanced credentials such as the CFP or CFA can lead to a considerable boost in remuneration. Non-salary factors, including the advisor’s AUM and client concentration, further drive financial outcomes. In this dynamic field, a blend of specialized skills and strategic firm alignment is vital for commanding top financial advisor salary Burnsville.
More salary data for Burnsville, MN:
Frequently Asked Questions
How much do experienced financial advisors make in Burnsville in 2026?
What drives higher financial advisor pay in Burnsville?
What certifications boost financial advisor salary in Burnsville?
Can experienced financial advisors make six figures in Burnsville?
How much does financial advisor salary increase over time in Burnsville?
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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
Top-earner salary figures on this page are 2026 projections derived from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. BLS reported a 90th percentile salary of $125,922 for financial advisors in the Burnsville metro area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 senior-level compensation. Individual earnings depend on certifications, specialization, practice type, and years of clinical experience.
Data Sources & Methodology
Salary data for Burnsville 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