Financial Advisor Salaries & Top Paying Companies in Sioux Falls, SD

Position

City

Salary

How much does a Financial Advisor make in Sioux Falls, SD?

The average salary for a Financial Advisor is $111,378 per year in Sioux Falls, SD.

Graph depicting the yearly salary distribution for Financial Advisor jobs in Sioux Falls, SD, showing an average salary of $111,378 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Financial Advisor jobs in Sioux Falls, SD, showing an average salary of $9,282 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Financial Advisor jobs in Sioux Falls, SD, showing an average salary of $2,142 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Financial Advisor jobs in Sioux Falls, SD, showing an average salary of $54 with varying distribution percentages across salary ranges.

A Financial Advisor in Sioux Falls, SD, can earn a solid salary. On average, these professionals make about $111,378 each year. This is a good income for those in the area. It offers a chance for a stable and comfortable lifestyle. The job allows for many benefits and growth opportunities, making it a good choice for many.

The salary for Financial Advisors can vary based on experience and skills. Some earn less, while others make more. This range helps advisors to grow in their careers. Here are some common salary ranges:

$46,500 to $56,409 for the lowest earners
$66,318 to $76,227 for those with some experience
$76,227 to $96,045 for mid-career advisors
$96,045 to $155,500 for the top earners

What are the highest paying cities for a Financial Advisor near Sioux Falls, SD?

Financial advisors near Sioux Falls can find some of the best pay in Brookings, SD, with an average salary of $146,950. Watertown and Mitchell also offer strong salaries, with averages near $145,000. Lincoln, NE, and other nearby cities like Rapid City and Grand Forks, provide competitive salaries too. Choosing a location with good pay can make a big difference in your career. Cities like Pierre, SD, and Bismarck, ND, offer lower salaries but may still be worth considering for other benefits. Omaha, NE, provides a good balance, with an average salary that is both attractive and achievable.

Graph displaying highest paying cities salaries for Financial Advisor jobs near Sioux Falls, SD, highlighting Brookings, SD with the highest at $146,950 and Omaha, NE with the lowest at $93,877.

Brookings, SD
Average Salary: $146,950
In Brookings, financial experts thrive in a community that values stability and growth. Many professionals work with established firms, providing personalized financial planning. Local companies like Avera eCare and Daktronics offer opportunities for growth.
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Watertown, SD
Average Salary: $145,125
Watertown provides a supportive environment for financial advisors. The city’s strong community focus helps advisors build lasting client relationships. Local businesses like Roberts Dairy and Premier Bank offer stability.
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Mitchell, SD
Average Salary: $144,444
Mitchell is a great place for financial advisors to grow. The city’s business-friendly atmosphere supports various financial services. Companies like Dakota State University and Dakota Pork attract professionals looking for career advancement.
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Pierre, SD
Average Salary: $137,118
Pierre offers a unique blend of government and private sectors for financial experts. The city's political landscape provides diverse opportunities. Local businesses and state government roles offer a stable work environment.
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Aberdeen, SD
Average Salary: $135,536
Aberdeen's robust economy makes it an excellent place for financial advisors. The city's growth in sectors like healthcare and education offers diverse opportunities. Companies like Avera eCare and Northern State University provide solid career paths.
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Lincoln, NE
Average Salary: $114,185
Lincoln offers a vibrant job market for financial professionals. The city’s diverse economy includes government, education, and healthcare sectors. Working with companies like Berkshire Hathaway and Union Bank can lead to rewarding careers.
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Rapid City, SD
Average Salary: $98,011
Rapid City's dynamic job market supports financial experts with numerous opportunities. The city’s growth in tourism and healthcare offers diverse career paths. Local firms like Monument Health and Black Hills Corporation provide stability.
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Grand Forks, ND
Average Salary: $95,441
Grand Forks offers a friendly environment for financial advisors. The city’s strong educational institutions and growing businesses create many opportunities. Companies like Altru Health System and UND provide solid career paths.
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Bismarck, ND
Average Salary: $95,252
Bismarck is a thriving city for financial professionals. The strong economy and growing business sector offer many opportunities. Working with firms like Medcenter One and Bismarck Municipal Airport provides stability and growth.
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Omaha, NE
Average Salary: $93,877
Omaha offers a bustling job market for financial experts. The city’s diverse economy includes finance, healthcare, and technology sectors. Companies like Berkshire Hathaway and Mutual of Omaha provide excellent career opportunities.
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What are the best paying companies for a Financial Advisor in Sioux Falls, SD?

Northwestern Mutual pays the highest average salary for financial advisors in Sioux Falls, SD, at $139,167. Magellan Health Services follows closely, offering an average of $70,153. Bankers Life and Avera Health also offer competitive salaries, averaging $55,625 and $47,083 respectively. These companies provide attractive opportunities for those seeking a rewarding career in financial advising.

Graph displaying best paying company salaries for Financial Advisor jobs in Sioux Falls, SD, highlighting Northwestern Mutual with the highest at $139,167 and Avera Health with the lowest at $47,083.

Northwestern Mutual
Average Salary: $139,167
Northwestern Mutual offers exciting opportunities for Financial Advisors in Sioux Falls, SD. They focus on providing personalized financial planning and investment management. Northwestern Mutual operates in multiple locations across Sioux Falls, catering to a diverse client base.
Magellan Health Services
Average Salary: $70,153
Magellan Health Services provides Financial Advisor positions in Sioux Falls, SD. They emphasize health and financial well-being, offering comprehensive benefits and career growth. Their offices are conveniently located throughout Sioux Falls, making it easy for employees to commute.
Bankers Life
Average Salary: $55,625
Bankers Life offers diverse roles for Financial Advisors in Sioux Falls, SD. They focus on life insurance and financial products. Bankers Life operates at multiple locations in Sioux Falls, providing a supportive work environment and extensive training.
Avera Health
Average Salary: $47,083
Avera Health has opportunities for Financial Advisors in Sioux Falls, SD. They focus on health and financial security. Avera Health operates several locations in Sioux Falls, offering a collaborative atmosphere and opportunities for professional development.

What are the best paying Financial Advisor related jobs in Sioux Falls, SD?

Financial advisors in Sioux Falls, SD, have several high-paying job opportunities. Risk Management Managers and Portfolio Managers top the list with strong salaries. These roles involve managing risks and investments, providing stability and growth in the financial sector. Other top-paying jobs related to financial advisory include Wealth Management Advisors and Underwriting Consultants. These roles require expertise in financial planning and risk assessment, ensuring clients receive comprehensive financial guidance.

Graph displaying best paying related job salaries for Financial Advisor jobs near Sioux Falls, SD, highlighting Risk Management Manager with the highest at $166,500 and Analyst with the lowest at $72,727.

Risk Management Manager
Average Salary: $166,500
A Risk Management Manager plays a key role in identifying and assessing potential risks. They work to develop strategies to minimize these risks. Companies like Fidelity and American Express hire for these roles.
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Portfolio Manager
Average Salary: $132,990
This position involves managing investment portfolios for clients. The manager selects investments to achieve financial goals. Firms such as Vanguard and Edward Jones often seek these professionals.
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Wealth Management Advisor
Average Salary: $128,109
This advisor helps clients build and maintain their wealth. They provide personalized financial plans. Banks like U.S. Bank and local credit unions in the area look for these advisors.
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Underwriting Consultant
Average Salary: $111,319
An Underwriting Consultant evaluates insurance applications. They decide if the applicant is a good risk. Insurance companies like Northwestern Mutual and local firms hire for these roles.
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Risk Specialist
Average Salary: $103,655
This specialist focuses on analyzing financial risks. They help companies make informed decisions. Local banks and insurance firms often seek these professionals.
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Underwriter
Average Salary: $102,708
An Underwriter assesses the risk of insuring a person or business. They decide if they should offer coverage. Companies like American Family Insurance look for these experts.
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Underwriting Manager
Average Salary: $102,700
This manager oversees the underwriting process. They ensure risks are properly assessed. Companies like State Farm and local insurance firms hire for these positions.
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Risk Analyst
Average Salary: $94,636
A Risk Analyst examines financial data to identify risks. They provide recommendations to reduce those risks. Financial institutions like Wells Fargo and local banks hire for these roles.
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Investment Banker
Average Salary: $73,980
This role involves helping companies raise capital. Investment Bankers advise on mergers and acquisitions. Firms like Goldman Sachs and local financial firms look for these professionals.
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Analyst
Average Salary: $72,727
Analysts gather and interpret financial data. They support decision-making processes. Local banks, investment firms, and financial institutions hire for these roles.
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Financial Advisor Salary in Sioux Falls, SD

How much does a Financial Advisor make in Sioux Falls, SD?

What are the highest paying cities for a Financial Advisor near Sioux Falls, SD?

What are the best paying companies for a Financial Advisor in Sioux Falls, SD?

Currently 2,490 Financial Advisor job openings, nationwide.

How's the job market for a Financial Advisor in the US?

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