How much does a Financial Advisor make in Bismarck, ND?
In Bismarck, ND, financial advisors can expect to earn a competitive salary. On average, the yearly income for this role is around $92,118. This figure serves as a solid foundation for many financial advisors in the area.
Salary ranges can vary based on experience and specific roles. For those just starting out, the salary tends to be on the lower end, around $69,060. As advisors gain more experience, their salary can increase significantly. For instance, those with several years of experience might see their salary rise to between $83,776 and $113,209. Top-tier advisors, with substantial experience or those managing larger client portfolios, can earn over $120,000 annually. These figures highlight the potential for growth within the financial advising profession.
What are the highest paying cities for a Financial Advisor near Bismarck, ND?
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Aberdeen, SD
Average Salary: $116,277
Aberdeen offers a solid environment for those in the financial field. Many firms, like Northern Trust, value expert advice. The city's growing economy makes it a great spot for financial professionals.
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Sioux Falls, SD
Average Salary: $107,548
Sioux Falls is a vibrant city with many opportunities for finance experts. Companies like Wells Fargo and Citibank offer stable positions. The strong job market makes it an attractive place for financial careers.
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Grand Forks, ND
Average Salary: $96,621
In Grand Forks, financial experts find plenty of opportunities. Institutions like Bank of America provide excellent platforms for career growth. The city's supportive community makes it a good place for finance professionals.
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Rapid City, SD
Average Salary: $94,814
Rapid City has a dynamic environment for financial advisors. Firms like TD Ameritrade offer strong support. The city’s growing business sector provides ample opportunities for career advancement.
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Jamestown, ND
Average Salary: $88,958
Jamestown offers a friendly environment for finance professionals. Local banks provide solid opportunities. The city’s close-knit community supports career growth in the financial sector.
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Minot, ND
Average Salary: $85,110
Minot is a great place for financial experts. Local banks and financial firms offer stable jobs. The city’s supportive environment helps professionals thrive.
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Williston, ND
Average Salary: $84,911
Williston has many opportunities for finance professionals. Companies like Chevron and ConocoPhillips provide solid platforms. The city’s growing economy makes it a good place for financial careers.
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Dickinson, ND
Average Salary: $81,826
Dickinson offers many chances for financial advisors. Local banks and financial firms offer good opportunities. The city’s supportive atmosphere helps professionals grow.
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Fargo, ND
Average Salary: $81,339
Fargo is a thriving city for financial experts. Firms like U.S. Bank and Wells Fargo offer excellent positions. The strong job market makes it an ideal place for financial careers.
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Mandan, ND
Average Salary: $79,735
Mandan provides many opportunities for finance professionals. Local banks and financial firms offer stable jobs. The city’s supportive environment helps professionals succeed.
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What are the best paying companies for a Financial Advisor in Bismarck, ND?
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Foster Klima & Company
Average Salary: $97,000
Foster Klima & Company offers rewarding Financial Advisor roles in Bismarck, ND. This firm focuses on delivering personalized financial services. They have established a strong presence in Bismarck and surrounding areas, providing a stable career path for financial advisors.
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New York Life
Average Salary: $82,492
New York Life is known for its excellent benefits and growth opportunities for Financial Advisors. They operate not just in Bismarck but across the United States, offering a robust platform for career advancement. Advisors at New York Life work to help clients secure their financial future.
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Magellan Health Services
Average Salary: $71,363
Magellan Health Services provides Financial Advisor positions with a focus on health-related financial planning. They serve clients in Bismarck, ND, and have a presence in other states as well. This role involves offering specialized financial advice to improve clients’ overall well-being.
What are the best paying Financial Advisor related jobs in Bismarck, ND?
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Chief Risk Officer
Average Salary: $212,500
This role oversees risk management strategies within a company. The chief helps to identify potential risks and develops plans to mitigate them. This role is critical at companies like Bank of America.
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Risk Management Manager
Average Salary: $145,000
This position leads risk management efforts. The manager develops risk strategies to protect the company. They work closely with other departments to implement these strategies. This job is common in financial firms in the area.
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Underwriting Manager
Average Salary: $106,710
This role involves evaluating insurance risks. The manager oversees the underwriting team and ensures policies are fair and profitable. They work in insurance companies like State Farm. This position helps keep the company financially stable.
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Underwriting Consultant
Average Salary: $84,694
This consultant provides expert advice on insurance risks. They assess potential clients and recommend coverage. This role is often found in companies like Allstate. Consultants need a deep understanding of risk and market trends.
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Analyst
Average Salary: $79,640
An analyst gathers and interprets data. They provide insights that guide financial decisions. This role is available in firms like Fidelity Investments. Analysts help companies make smart financial moves.
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Risk Specialist
Average Salary: $67,728
A risk specialist identifies and analyzes potential risks. They work to prevent financial losses for the company. This job is vital in companies such as U.S. Bank. Specialists need strong analytical skills to protect the company.
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Investment Banker
Average Salary: $67,050
Investment bankers help companies raise capital. They advise on mergers, acquisitions, and other financial strategies. This role is available at firms like Goldman Sachs. Bankers need to understand market trends and financial regulations.
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Underwriter
Average Salary: $59,497
Underwriters evaluate the risk of insuring clients. They decide on the terms and conditions of insurance policies. This role is common in companies like AIG. Underwriters need to balance risk and profitability.
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Credit Counselor
Average Salary: $51,000
A credit counselor helps people manage their debt. They provide advice on budgeting and financial planning. This role is available at credit unions like United Federal Credit Union. Counselors need strong communication skills to help clients.
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Financial Assistant
Average Salary: $48,360
A financial assistant supports financial managers. They prepare reports, manage budgets, and handle transactions. This role is common in accounting firms. Assistants need attention to detail to ensure accuracy.
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