Financial Advisor Salary in Rochester, MN

A Financial Advisor in Rochester, MN, earns an average yearly salary of $90,900. This salary can vary based on experience and other factors. Most Financial Advisors in Rochester make between $52,430 and $136,553 per year. The top earners in this field can make up to $237,500 annually.

The salary range for Financial Advisors in Rochester shows a clear path for growth. Starting Financial Advisors can expect to earn around $52,430. With more experience and expertise, salaries can rise significantly. Those with the most experience and the best skills can earn up to $237,500 per year. This range offers good opportunities for career advancement and higher earnings.

1. Burnsville, MN
   Average Salary: $113,917
   In Burnsville, financial professionals enjoy a thriving community with many opportunities. Companies like Ameriprise Financial and Wells Fargo offer great career paths. The city's growing economy makes it a good place for financial advisors.
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2. Saint Cloud, MN
   Average Salary: $106,362
   Saint Cloud provides a welcoming environment for financial experts. With companies like U.S. Bank and Thrivent Financial, there are many chances to grow. The city's supportive community helps advisors succeed.
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3. Maple Grove, MN
   Average Salary: $96,312
   Maple Grove offers a dynamic setting for financial advisors. Firms like Edward Jones and Ameriprise Financial are active here. The city's strong economy and friendly atmosphere make it ideal for professionals.
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4. Eagan, MN
   Average Salary: $89,625
   Eagan is a great place for financial advisors to work. Companies like Wells Fargo and U.S. Bank are prominent here. The city's thriving business environment offers many opportunities for growth.
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5. Duluth, MN
   Average Salary: $89,273
   In Duluth, financial advisors find a vibrant community. Companies like Ameriprise Financial and U.S. Bank provide excellent career paths. The city's supportive environment helps professionals thrive.
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6. Minneapolis, MN
   Average Salary: $88,875
   Minneapolis offers a bustling environment for financial experts. Major firms like Wells Fargo and U.S. Bank are based here. The city's dynamic economy and diverse opportunities make it a top choice for advisors.
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7. Owatonna, MN
   Average Salary: $87,500
   Owatonna provides a friendly setting for financial advisors. Local firms and national banks offer good career options. The city's supportive community helps professionals succeed.
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8. Rochester, NY
   Average Salary: $84,619
   Rochester offers a vibrant environment for financial professionals. Companies like Merrill Lynch and UBS are active here. The city's strong economy and diverse opportunities make it ideal for advisors.
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9. Bloomington, MN
   Average Salary: $80,443
   Bloomington is a great place for financial advisors to work. Firms like Ameriprise Financial and U.S. Bank are prominent here. The city's thriving business environment offers many opportunities for growth.
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10. Moorhead, MN
    Average Salary: $77,389
    Moorhead offers a welcoming environment for financial experts. Local firms and national banks provide good career paths. The city's supportive community helps professionals thrive.
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1. Thrivent
   Average Salary: $146,875
   Thrivent offers rewarding Financial Advisor positions. They focus on financial planning and wealth management. Thrivent operates in Rochester, MN, and across the nation.
   

   
   

2. Mayo Clinic
   Average Salary: $56,527
   Mayo Clinic provides Financial Advisor roles that support a diverse patient base. They emphasize personalized financial services. Mayo Clinic is located in Rochester, MN, and is a leading healthcare provider.
   

   
   

3. Bankers Life
   Average Salary: $52,167
   Bankers Life offers Financial Advisor jobs with a focus on life insurance and retirement planning. They operate in Rochester, MN, and serve clients nationwide.
   

1. Risk Specialist
   Average Salary: $139,381
   This role involves assessing potential risks for clients. Companies like U.S. Bank and Mayo Clinic look for professionals who can analyze data and provide recommendations. They work closely with clients to ensure their financial plans are secure.
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2. Underwriting Manager
   Average Salary: $124,312
   An underwriting manager oversees the underwriting process. They ensure that policies meet the company's standards. Employers such as Allianz and Northwestern Mutual seek experienced managers. They need to understand market trends and client needs.
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3. Wealth Management Advisor
   Average Salary: $119,942
   This position focuses on helping clients manage their wealth. Advisors work with clients to create investment plans. Companies like Edward Jones and Merrill Lynch hire advisors who can provide personalized advice. They need strong communication skills and financial knowledge.
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4. Risk Management Manager
   Average Salary: $114,087
   A risk management manager identifies and mitigates risks. They develop strategies to protect the company's assets. Employers like Fidelity and UBS look for managers with experience in risk assessment. They need to analyze data and make informed decisions.
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5. Portfolio Manager
   Average Salary: $109,409
   Portfolio managers oversee investment portfolios. They make decisions to maximize returns. Companies such as Vanguard and BlackRock hire managers with strong analytical skills. They need to understand market trends and client goals.
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6. Risk Analyst
   Average Salary: $101,452
   A risk analyst evaluates financial risks. They provide insights to help companies make decisions. Employers like State Farm and American Express seek analysts with strong analytical skills. They need to analyze data and present findings clearly.
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7. Investment Banker
   Average Salary: $95,000
   Investment bankers help companies raise capital. They advise on mergers and acquisitions. Firms like Goldman Sachs and JPMorgan Chase hire bankers with strong financial skills. They need to understand market trends and client needs.
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8. Analyst
   Average Salary: $87,119
   Analysts gather and interpret data. They provide insights to help companies make decisions. Employers like Deloitte and PwC seek analysts with strong analytical skills. They need to analyze data and present findings clearly.
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9. Financial Assistant
   Average Salary: $50,000
   Financial assistants support financial managers. They handle tasks like budgeting and reporting. Companies like Target and Best Buy hire assistants with strong organizational skills. They need to be detail-oriented and able to work well in a team.
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10. Personal Banker
    Average Salary: $42,984
    Personal bankers help clients manage their finances. They provide advice on savings and investments. Banks like Chase and Wells Fargo hire bankers with strong customer service skills. They need to understand client needs and provide personalized advice.
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