DETAILED OCCUPATION DATA

13-2052 Personal Financial Advisors

Occupational Description:
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. May also buy and sell financial assets for clients. Excludes "Securities, Commodities, and Financial Services Sales Agents" (41-3031).

Occupational Employment Statistics(OES) Wage Data
Wages Updated to First Quarter, 2020
 Percentiles
GeographyEmploymentEmp SE*MeanMean SE*10th25thMedian75th90th
Southwest Minnesota N/A38$49.00/hr$10.52/hr$19.12/hr$23.57/hr$38.46/hr$53.96/hr$84.50/hr
Minnesota 3,900371$53.41/hr$3.79/hr$21.81/hr$27.91/hr$38.76/hr$65.32/hr$81.00/hr
U S 210,1903,153$57.89/hr$0.64/hr$20.84/hr$28.04/hr$42.64/hr$74.97/hr$81.00/hr
*SE = Standard error, a measure of the statistical reliability of the estimate.


Other Regional Data For Personal Financial Advisors
Geography (click title for details)OESProjections
EmploymentMedian Wage% Change 2020 - 2030
Seven County Mpls-St Paul, MN 3,170 $40.80/hr 6.5%
Central Minnesota 210 $34.73/hr -2.4%
Northeast Minnesota 90 $41.24/hr 0.0%
Northwest Minnesota 70 $27.51/hr -4.4%
Southwest Minnesota N/A $38.46/hr -4.2%
Southeast Minnesota N/A $33.16/hr -1.1%
Related Occupations
Occupation
(click title for details)
OESProjections
EmploymentMedian Wage% Change 2020 - 2030
Cost Estimators200$31.30/hr1.4%
Bill and Account Collectors140$18.36/hr-5.7%
Credit Analysts130$29.47/hr-2.9%
Claims Adjusters, Examiners, and Investigators30$34.66/hr-4.8%
Tax PreparersN/A$26.20/hrN/A
Tasks for Personal Financial Advisors