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
Grand Forks ND-MN MSA7029N/A$5.49/hrN/AN/AN/AN/AN/A
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.


Leading Industries for Personal Financial Advisors
IndustryOES EmploymentOES Median Wage
Financial Activities60N/A
Other Regional Data For Personal Financial Advisors
Geography (click title for details)OESProjections
EmploymentMedian Wage% Change  - 
Minneapolis-St Paul-Bloomington MN-WI MSA 3,250 $40.27/hr N/A
St Cloud MN MSA 160 $32.82/hr N/A
Fargo ND-MN MSA 140 $32.95/hr N/A
Duluth MN-WI MSA 90 $40.87/hr N/A
Rochester MN MSA 80 $37.78/hr N/A
Southwest Balance of State 80 $39.79/hr N/A
Grand Forks ND-MN MSA 70 N/A N/A
Northwest Balance of State 60 $26.26/hr N/A
La Crosse WI-MN MSA 40 $55.90/hr N/A
Northeast Balance of State N/A N/A N/A
Southeast Balance of State N/A $30.72/hr N/A
Mankato-North Mankato MN MSA N/A $21.88/hr N/A
Related Occupations
Occupation
(click title for details)
OESProjections
EmploymentMedian Wage% Change  - 
Cost Estimators70$34.11/hrN/A
Claims Adjusters, Examiners, and Investigators50$33.66/hrN/A
Tax Preparers30$19.87/hrN/A
Bill and Account Collectors10$22.13/hrN/A
Credit AnalystsN/AN/AN/A
Tasks for Personal Financial Advisors