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 $118,335 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 $118,335 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 $9,861 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 $2,276 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 $57 with varying distribution percentages across salary ranges.

If you consider a career as a Financial Advisor in Sioux Falls, SD, it is helpful to understand the salary landscape. People in this role typically earn an average yearly salary of $118,335. This figure provides a good baseline for what one might expect to earn in this profession.

Looking at the salary distribution, the majority of Financial Advisors in Sioux Falls earn between $68,023 and $137,227 annually. Around 35.80% of advisors fall within this range, making it a common salary bracket. Those in the highest range, earning between $137,227 and $157,000, represent about 16.52% of the profession. These figures highlight the potential for both steady and significant income in this field.

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

If you are looking for top-paying cities for Financial Advisor jobs around Sioux Falls, SD, consider Brookings, Mitchell, and Pierre. These cities offer average salaries that stand out in the region. Brookings leads with an average salary of $148,375, followed closely by Mitchell and Pierre. These locations provide strong opportunities for those in the financial sector.

Graph displaying highest paying cities salaries for Financial Advisor jobs near Sioux Falls, SD, highlighting Brookings, SD with the highest at $148,375 and Grand Forks, ND with the lowest at $92,737.

Brookings, SD
Average Salary: $148,375
In Brookings, a thriving job market awaits financial professionals. The city is known for institutions like Avera eCare, which offer opportunities to work with a diverse clientele. Professionals here enjoy a supportive work environment and a strong sense of community.
Find Financial Advisor jobs in Brookings, SD
Mitchell, SD
Average Salary: $146,655
Mitchell provides a stable market for those in the financial sector. Companies like Dakota State University create a steady demand for financial expertise. The area values knowledgeable advisors who can guide clients through their financial decisions.
Find Financial Advisor jobs in Mitchell, SD
Pierre, SD
Average Salary: $142,138
As the capital city, Pierre offers a unique blend of government and private sector opportunities. Financial advisors here work with both state employees and private clients. The job market is competitive, attracting skilled professionals.
Find Financial Advisor jobs in Pierre, SD
Watertown, SD
Average Salary: $140,409
Watertown's economy thrives on agriculture and manufacturing, providing a rich environment for financial advisors. Local businesses and farms rely on expert advice to manage finances. The city is known for its friendly atmosphere and community spirit.
Find Financial Advisor jobs in Watertown, SD
Aberdeen, SD
Average Salary: $139,281
Aberdeen boasts a dynamic job market with companies like Northern State University. Financial advisors in this area enjoy a mix of client interactions, from individuals to large institutions. The city’s growth attracts professionals looking for stability and opportunity.
Find Financial Advisor jobs in Aberdeen, SD
Lincoln, NE
Average Salary: $117,877
Lincoln's diverse economy, bolstered by institutions like the University of Nebraska, creates a steady demand for financial advisors. The city's growing population and strong job market offer many opportunities for career growth and development.
Find Financial Advisor jobs in Lincoln, NE
Rapid City, SD
Average Salary: $99,448
Rapid City's robust economy, fueled by tourism and outdoor activities, offers exciting prospects for financial experts. Companies such as Black Hills Corporation provide a stable platform for advisors. The area’s scenic beauty and outdoor opportunities enhance the quality of life.
Find Financial Advisor jobs in Rapid City, SD
Bismarck, ND
Average Salary: $96,952
Bismarck's strong economy and institutions like the State Capitol make it an attractive place for financial professionals. The job market here offers diverse opportunities, from banking to private practice. The city’s growth and development attract skilled advisors.
Find Financial Advisor jobs in Bismarck, ND
Jamestown, ND
Average Salary: $92,969
Jamestown provides a stable and growing job market for financial advisors. With companies like Jamestown Regional Medical Center, there is a strong need for professional financial guidance. The area values knowledgeable advisors who can help clients navigate their financial landscape.
Find Financial Advisor jobs in Jamestown, ND
Grand Forks, ND
Average Salary: $92,737
Grand Forks offers a mix of educational and healthcare opportunities, creating a strong demand for financial advisors. Institutions like the University of North Dakota provide a steady stream of clients. The city’s vibrant community and economic growth attract skilled professionals.
Find Financial Advisor jobs in Grand Forks, ND

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

Northwestern Mutual offers top pay for Financial Advisors in Sioux Falls, SD, with an average salary of $141,409. Thrivent also provides a competitive salary of $110,833. Magellan Health Services, Bankers Life, and Avera Health follow with salaries around $70,153, $55,625, and $47,083, respectively. These companies present excellent opportunities for those seeking financial advisor positions.

Graph displaying best paying company salaries for Financial Advisor jobs in Sioux Falls, SD, highlighting Northwestern Mutual with the highest at $141,409 and Avera Health with the lowest at $47,083.

Northwestern Mutual
Average Salary: $141,409
Northwestern Mutual offers rewarding career opportunities for Financial Advisors in Sioux Falls, SD. They focus on long-term client relationships and financial planning. They operate nationwide.
Thrivent
Average Salary: $110,833
Thrivent provides a positive work environment for Financial Advisors in Sioux Falls, SD. They emphasize personalized financial advice and client education. Thrivent serves clients across the United States.
Magellan Health Services
Average Salary: $70,153
Magellan Health Services hires Financial Advisors in Sioux Falls, SD to manage financial wellness programs. They combine healthcare and finance expertise. Magellan Health Services operates nationally.
Bankers Life
Average Salary: $55,625
Bankers Life seeks Financial Advisors in Sioux Falls, SD to help clients with insurance and investment needs. They offer a supportive work culture. Bankers Life operates throughout the U.S.
Avera Health
Average Salary: $47,083
Avera Health provides opportunities for Financial Advisors in Sioux Falls, SD to assist with retirement planning and wealth management. They focus on community health. Avera Health operates in multiple states.

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

Job seekers in Sioux Falls, SD, interested in financial advising roles can find well-paying positions in the field. Risk Management Managers and Portfolio Managers lead the pack with average salaries of $166,500 and $132,990 respectively. These roles offer significant opportunities for those looking to leverage their expertise in financial planning and investment strategies. Related positions such as Risk Specialists and Underwriting Consultants also provide attractive compensation, with average salaries around $128,000 and $111,000 respectively. These jobs involve assessing risks and managing portfolios, which can be a rewarding path for career growth.

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 $74,486.

Risk Management Manager
Average Salary: $166,500
This role helps organizations identify and mitigate financial risks. You work with companies like Sanford Health and Avera Health. You develop strategies to protect assets and ensure stability.
Find Risk Management Manager jobs in Sioux Falls, SD
Portfolio Manager
Average Salary: $132,990
Portfolio Managers oversee and make decisions on investment portfolios. They work for firms such as Wells Fargo Advisors and T. Rowe Price. They aim to grow clients' wealth over time by choosing the right investments.
Find Portfolio Manager jobs in Sioux Falls, SD
Risk Specialist
Average Salary: $127,983
Risk Specialists analyze potential financial risks. They help companies like Citibank and JPMorgan Chase. They use data to identify trends and suggest ways to reduce risk for the organization.
Find Risk Specialist jobs in Sioux Falls, SD
Underwriting Consultant
Average Salary: $111,319
Underwriting Consultants evaluate and advise on insurance policies. They collaborate with companies such as Farmers Insurance and State Farm. They ensure clients get the best coverage for their needs.
Find Underwriting Consultant jobs in Sioux Falls, SD
Wealth Management Advisor
Average Salary: $106,349
These advisors help clients manage their investments and finances. They work with firms like Edward Jones and Morgan Stanley. They provide personalized financial plans to achieve clients' goals.
Find Wealth Management Advisor jobs in Sioux Falls, SD
Underwriter
Average Salary: $102,708
Underwriters assess the risk of insuring clients. They work for insurance companies like American Family Insurance and Nationwide. They decide on the terms and rates for insurance policies.
Find Underwriter jobs in Sioux Falls, SD
Underwriting Manager
Average Salary: $102,700
Underwriting Managers oversee teams of underwriters. They work for large firms like Prudential and MetLife. They manage risk assessment and ensure the team meets company goals.
Find Underwriting Manager jobs in Sioux Falls, SD
Risk Analyst
Average Salary: $89,109
Risk Analysts study data to identify financial risks. They work with banks and insurance companies. They prepare reports and suggest ways to reduce potential risks.
Find Risk Analyst jobs in Sioux Falls, SD
Investment Banker
Average Salary: $74,975
Investment Bankers help companies raise capital. They work for firms like Goldman Sachs and Morgan Stanley. They assist in mergers, acquisitions, and large financing deals.
Find Investment Banker jobs in Sioux Falls, SD
Analyst
Average Salary: $74,486
Analysts review financial data and trends. They work with firms such as Deloitte and KPMG. They provide insights and recommendations to help clients make informed decisions.
Find Analyst 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 2,117 Financial Advisor job openings, nationwide.

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

Win at hiring.