Occupational Employment Statistics


DETAILED OCCUPATION DATA

13-2052 Personal Financial Advisors



Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.

Geography EmploymentEmp SE*Percentiles
Mean10th25thMedian75th90th
Northwest Minnesota 7029$28.92/hr$14.26/hr$21.34/hr$27.51/hr$33.92/hr$38.25/hr


IndustryOES Employment (Statewide)OES Median Wage (Statewide)
InformationN/AN/A
Financial Activities3,530$38.59/hr
Professional and Business Services340$42.38/hr
Education and Health ServicesN/AN/A
Public AdministrationN/AN/A
 
Geography EmploymentMedian WageProjections
% Change 2016-2026
Southeast Minnesota N/A$33.16/hr20.8%
Southwest Minnesota N/A$38.46/hrN/A
Mankato-North Mankato MN MSA N/A$21.88/hrN/A
Northeast Balance of State N/AN/AN/A
Southeast Balance of State N/A$30.72/hrN/A
La Crosse WI-MN MSA 40$55.90/hrN/A
Northwest Balance of State 60$26.26/hrN/A
Northwest Minnesota 70$27.51/hr17.8%
Grand Forks ND-MN MSA 70N/AN/A
Rochester MN MSA 80$37.78/hrN/A
Southwest Balance of State 80$39.79/hrN/A
Northeast Minnesota 90$41.24/hr4.9%
Duluth MN-WI MSA 90$40.87/hrN/A
Fargo ND-MN MSA 140$32.95/hrN/A
St Cloud MN MSA 160$32.82/hrN/A
Central Minnesota 210$34.73/hr18.4%
Seven County Mpls-St Paul, MN 3,170$40.80/hr17.6%
Minneapolis-St Paul-Bloomington MN-WI MSA 3,250$40.27/hrN/A
Minnesota 3,900$38.76/hr17.4%


Occupations EmploymentMedian WageProjections
% Change 2016-2026
Securities, Commodities, and Financial Services Sales Agents 9,240$41.58/hr4.0%
Loan Officers 8,550$35.96/hr8.1%
Financial Managers 15,750$60.42/hr16.8%
Compensation, Benefits, and Job Analysis Specialists N/A$33.74/hr11.4%
Compensation and Benefits Managers N/A$52.58/hr6.1%
Market Research Analysts and Marketing Specialists 15,120$34.09/hr20.1%
Accountants and Auditors 23,210$33.06/hr9.4%
Fundraisers 1,990$27.64/hr11.0%
Budget Analysts 510$37.15/hr7.3%
Tax Examiners and Collectors, and Revenue Agents 1,170$28.87/hr2.6%


  • Monitor financial market trends to ensure that client plans are responsive.
  • Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.
  • Recruit and maintain client bases.
  • Investigate available investment opportunities to determine compatibility with client financial plans.
  • Monitor financial market trends to ensure that client plans are responsive.
  • Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.
  • Recommend to clients strategies in cash management, insurance coverage, investment planning, or other areas to help them achieve their financial goals.
  • Manage client portfolios, keeping client plans up-to-date.
  • Answer clients' questions about the purposes and details of financial plans and strategies.
  • Answer clients' questions about the purposes and details of financial plans and strategies.