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 5016$36.93/hr$12.63/hr$15.48/hr$27.93/hr$47.78/hr$73.89/hr


IndustryOES Employment (Statewide)OES Median Wage (Statewide)
InformationN/AN/A
Financial Activities3,360$38.71/hr
Professional and Business Services340$40.81/hr
Education and Health ServicesN/AN/A
Public AdministrationN/AN/A
 
Geography EmploymentMedian WageProjections
% Change 2016-2026
Mankato-North Mankato MN MSA N/A$22.75/hrN/A
Northeast Balance of State N/AN/AN/A
Southwest Balance of State N/A$39.57/hrN/A
Southeast Balance of State N/A$29.84/hrN/A
Southwest Minnesota N/A$32.57/hr13.6%
Northwest Minnesota 50$27.93/hr17.8%
Northwest Balance of State 70$24.92/hrN/A
Grand Forks ND-MN MSA 80$38.13/hrN/A
La Crosse WI-MN MSA 80$49.38/hrN/A
Rochester MN MSA 90$43.45/hrN/A
St Cloud MN MSA 90$35.17/hrN/A
Northeast Minnesota 90$47.59/hr4.9%
Duluth MN-WI MSA 90$49.01/hrN/A
Central Minnesota 140$34.78/hr18.4%
Fargo ND-MN MSA 180$34.98/hrN/A
Southeast Minnesota 260$32.41/hrN/A
Seven County Mpls-St Paul, MN 3,030$39.91/hr17.6%
Minneapolis-St Paul-Bloomington MN-WI MSA 3,110$39.39/hrN/A
Minnesota 3,720$38.72/hr17.4%


Occupations EmploymentMedian WageProjections
% Change 2016-2026
Securities, Commodities, and Financial Services Sales Agents 9,470$39.36/hr4.0%
Loan Officers 7,740$35.30/hr8.1%
Financial Managers 15,610$59.40/hr16.8%
Compensation, Benefits, and Job Analysis Specialis 1,570$33.32/hr11.4%
Financial Analysts 6,320$42.12/hr9.7%
Financial Specialists, All Other 3,320$32.08/hr8.9%
Compensation and Benefits Managers 420$63.34/hr6.1%
Market Research Analysts and Marketing Specialists 14,850$33.16/hr20.1%
Accountants and Auditors 22,960$32.46/hr9.4%
Public Relations Managers 1,880$51.31/hr8.9%


  • 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.