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 $127,267 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 $127,267 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 $10,606 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 $2,447 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 $61 with varying distribution percentages across salary ranges.

A Financial Advisor in Sioux Falls, South Dakota can expect to earn a solid income. The average yearly salary for this role is around $127,267. This figure provides a good overview of what you might earn in this profession. It is important to note that salaries can vary based on experience, skills, and the specific employer.

In Sioux Falls, Financial Advisors have a range of salaries. The lowest 10% of earners make about $48,250 annually. Those in the middle, around the 50th percentile, earn about $121,614 per year. The top earners, who fall into the 90th percentile, can make up to $231,659 annually. This spread shows the potential for career growth and higher earnings with more experience and expertise.

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

Financial advisors in the Sioux Falls area can find competitive salaries in nearby cities. Mitchell, SD, and Pierre, SD, offer the highest average salaries for financial advisors. These cities provide strong opportunities for career growth and financial rewards.

Graph displaying highest paying cities salaries for Financial Advisor jobs near Sioux Falls, SD, highlighting Mitchell, SD with the highest at $155,500 and Fargo, ND with the lowest at $96,029.

Mitchell, SD
Average Salary: $155,500
In Mitchell, financial professionals enjoy a tight-knit community where relationships are key. Locals appreciate personalized service, making it a perfect place to build a loyal client base. Prominent firms in the area include Premier Financial Services and Dakota Trust.
Find Financial Advisor jobs in Mitchell, SD
Pierre, SD
Average Salary: $152,132
Pierre offers a serene environment for financial advisors. Here, advisors benefit from a strong sense of community and a focus on long-term relationships. Companies like South Dakota State Bank provide a solid platform for growth and stability.
Find Financial Advisor jobs in Pierre, SD
Brookings, SD
Average Salary: $145,500
Brookings, home to South Dakota State University, creates a vibrant community for financial experts. Advisors here value education and community involvement. Local firms such as Brookings Bank offer excellent opportunities for career development.
Find Financial Advisor jobs in Brookings, SD
Watertown, SD
Average Salary: $141,667
Watertown presents a supportive atmosphere for financial advisors. The community highly values personal connections, which helps advisors build lasting client relationships. Local firms such as Watertown National Bank offer a stable environment for professionals.
Find Financial Advisor jobs in Watertown, SD
Aberdeen, SD
Average Salary: $134,512
Aberdeen offers diverse opportunities for financial experts. The city’s strong economy and supportive community make it a great place to grow. Key companies include Northern State Bank, providing a solid foundation for success.
Find Financial Advisor jobs in Aberdeen, SD
Lincoln, NE
Average Salary: $116,233
Lincoln provides a dynamic environment for financial advisors. The city’s business-friendly atmosphere and vibrant community make it an ideal place to work. Local firms like Ameriprise Financial offer strong support and resources for professionals.
Find Financial Advisor jobs in Lincoln, NE
Des Moines, IA
Average Salary: $101,480
Des Moines is a bustling hub for financial professionals. The city’s diverse economy and large client base offer numerous opportunities. Companies such as Principal Financial Group provide a competitive edge for advisors.
Find Financial Advisor jobs in Des Moines, IA
Rapid City, SD
Average Salary: $101,344
Rapid City offers a growing market for financial advisors. The community’s appreciation for outdoor activities makes it a unique place to build a career. Local firms like Black Hills Corporation offer exciting prospects for professionals.
Find Financial Advisor jobs in Rapid City, SD
Bismarck, ND
Average Salary: $96,144
Bismarck presents a stable environment for financial advisors. The city’s strong economy and friendly community support career growth. Local companies like Bank of North Dakota provide a reliable platform for success.
Find Financial Advisor jobs in Bismarck, ND
Fargo, ND
Average Salary: $96,029
Fargo offers a thriving market for financial experts. The city’s strong economy and vibrant community make it a great place to build a career. Local firms like Norwest Bank offer excellent opportunities for professionals.
Find Financial Advisor jobs in Fargo, ND

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

Financial advisors in Sioux Falls can find great opportunities with several top-paying companies. First PREMIER Bank/PREMIER Bankcard offers a competitive salary at $250,000 annually. Northwestern Mutual follows closely, providing a strong compensation package at $144,875 per year. Thrivent, Magellan Health, Edward Jones, and Avera Health also provide attractive positions. Thrivent offers a salary around $110,833, while Magellan Health and Edward Jones offer approximately $71,316 and $68,138, respectively. Avera Health provides a salary of about $47,083, making it a good option for those just starting their careers.

Graph displaying best paying company salaries for Financial Advisor jobs in Sioux Falls, SD, highlighting First PREMIER Bank/PREMIER Bankcard with the highest at $250,000 and Avera Health with the lowest at $47,083.

First PREMIER Bank/PREMIER Bankcard
Average Salary: $250,000
First PREMIER Bank offers a dynamic environment for Financial Advisors. Employees work with clients to manage investments and provide financial planning. The company has multiple locations in Sioux Falls, SD.
Northwestern Mutual
Average Salary: $144,875
Northwestern Mutual provides a supportive setting for Financial Advisors. They focus on helping clients achieve their financial goals. The company operates throughout Sioux Falls, SD.
Thrivent
Average Salary: $110,833
Thrivent offers a collaborative environment for Financial Advisors. Employees assist clients with wealth management and retirement planning. The company has offices in Sioux Falls, SD.
Magellan Health
Average Salary: $71,316
Magellan Health focuses on employee well-being and financial health. Financial Advisors work to create personalized financial plans. The company operates in Sioux Falls, SD.
Edward Jones
Average Salary: $68,138
Edward Jones offers a client-centered approach for Financial Advisors. They provide personalized investment advice. The company has branches in Sioux Falls, SD.
Avera Health
Average Salary: $47,083
Avera Health supports Financial Advisors in delivering financial wellness programs. Employees work to improve clients’ financial health. The company serves the Sioux Falls, SD area.

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

Finding a job in the financial sector in Sioux Falls, SD, can lead to well-paying career paths. Portfolio Managers typically earn an average salary of around $124,865. Risk Management Managers also enjoy a strong income, averaging about $119,500. These roles require a mix of analytical skills, strategic planning, and customer service, making them highly valued in the industry.

Graph displaying best paying related job salaries for Financial Advisor jobs near Sioux Falls, SD, highlighting Portfolio Manager with the highest at $124,865 and Financial Assistant with the lowest at $49,920.

Portfolio Manager
Average Salary: $124,865
Portfolio managers help clients by creating and managing investment plans. They work at financial firms and large banks. Many professionals in this role hold advanced degrees. They advise clients on the best strategies for their financial goals.
Find Portfolio Manager jobs in Sioux Falls, SD
Risk Management Manager
Average Salary: $119,500
Risk management managers oversee plans to protect companies from financial losses. They often work for insurance firms, banks, and large corporations. Their main goal is to find risks and create plans to minimize them. They need strong analytical skills and knowledge of financial markets.
Find Risk Management Manager jobs in Sioux Falls, SD
Underwriting Consultant
Average Salary: $111,319
Underwriting consultants work for insurance companies, reviewing and approving risk for policies. They assess the chances of claims being filed. They need strong analytical skills and good knowledge of the industry. They work closely with clients and other team members to make decisions.
Find Underwriting Consultant jobs in Sioux Falls, SD
Underwriting Manager
Average Salary: $102,700
Underwriting managers lead teams that evaluate the risk of insuring clients. They work for insurance firms and banks. They need strong leadership and analytical skills. They set policies and ensure the team follows them. They also make sure the company makes a profit on the policies.
Find Underwriting Manager jobs in Sioux Falls, SD
Wealth Management Advisor
Average Salary: $102,293
Wealth management advisors help high-net-worth clients manage their wealth. They work for financial firms and private wealth management companies. Advisors develop personalized investment plans for their clients. They also provide advice on taxes and estate planning. They often hold certifications such as CFA or CFP.
Find Wealth Management Advisor jobs in Sioux Falls, SD
Risk Analyst
Average Salary: $85,207
Risk analysts assess and manage financial risks for companies. They work in various industries, including finance, insurance, and real estate. They analyze data and create reports. Their goal is to help companies avoid losses. Strong analytical skills and knowledge of financial markets are essential.
Find Risk Analyst jobs in Sioux Falls, SD
Underwriter
Average Salary: $83,489
Underwriters review and approve insurance applications. They work for insurance companies and banks. They assess the risk of insuring a client. Underwriters need strong analytical skills and knowledge of the industry. They make decisions that help the company manage its risk.
Find Underwriter jobs in Sioux Falls, SD
Analyst
Average Salary: $75,037
Analysts gather and analyze financial data to help companies make decisions. They work for financial firms, banks, and consulting companies. Their role involves creating reports and presentations. Analysts need strong analytical skills and knowledge of financial markets. They often specialize in areas such as investment analysis or risk management.
Find Analyst jobs in Sioux Falls, SD
Loss Control Consultant
Average Salary: $71,760
Loss control consultants help companies reduce risks and prevent losses. They work for insurance firms and safety consulting companies. They develop and implement safety programs. Their goal is to minimize the risk of accidents and financial losses. Strong knowledge of safety regulations and risk management is essential.
Find Loss Control Consultant jobs in Sioux Falls, SD
Financial Assistant
Average Salary: $49,920
Financial assistants support financial managers by handling various tasks. They work for financial firms, banks, and corporate finance departments. They prepare financial reports, manage budgets, and assist with audits. They need strong organizational skills and knowledge of financial principles. Many assistants pursue higher education to advance their careers.
Find Financial Assistant jobs in Sioux Falls, SD

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 2,202 Financial Advisor job openings, nationwide.

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

Win at hiring.