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Personal Financial Advisors Employment & Job Outlook in Minnesota (2025)

Last updated: 2025 BLS data · Page refreshed:

Minnesota employs 5,280 Personal Financial Advisors professionals, below the national average concentration.

Data: BLS OEWS 2025 • Minnesota employment outlook • Updated 2026-05-19

Total Employed
5,280
professionals
Jobs per 1,000
5.28
workers
Location Quotient
0.97
vs national avg
Average Salary
$141K
annual

Average Demand in Minnesota

The location quotient (LQ) of 0.97 indicates that Minnesota has an average concentration of Personal Financial Advisors professionals, similar to the national average employment distribution.

Note: Location Quotient (LQ) is the ratio of the percentage of workers in an occupation in a given area to the percentage in that occupation nationwide. An LQ > 1.0 means above-average concentration; < 1.0 means below-average.

Minnesota vs National Average

Total Employed
5,280
National: 249,190
2.1% of national
Jobs per 1,000
5.28
National: 5.42
-2.6%
Average Salary
$141K
National: $140K
+0.6%

Top States by Personal Financial Advisors Employment

#1
32,200
32,200
employed
#2
21,550
21,550
employed
#3
21,490
21,490
employed
#4
18,200
18,200
employed
#5
12,340
12,340
employed
#6
12,200
12,200
employed
#7
9,760
9,760
employed
#8
9,300
9,300
employed
#9
7,680
7,680
employed
#10
6,830
6,830
employed

What Does a Personal Financial Advisors Earn in Minnesota?

The average annual salary for a Personal Financial Advisors in Minnesota is $141,760. For a detailed breakdown by percentile, entry-level, median, and senior salaries, see the comprehensive salary guide below.

View full salary breakdown →

Frequently Asked Questions

How many Personal Financial Advisors jobs are there in Minnesota?

Minnesota employs approximately 5,280 Personal Financial Advisors professionals (2025 BLS data). This ranks Minnesota for this occupation nationwide.

Is Personal Financial Advisors in demand in Minnesota?

Minnesota has average or below-average concentration of Personal Financial Advisors jobs (LQ: 0.97). A Location Quotient above 1.0 indicates higher-than-average demand.

What is the average salary for Personal Financial Advisors in Minnesota?

The average (mean) salary for Personal Financial Advisors in Minnesota is $141760/year. See our detailed salary page for percentile breakdowns.

What is a Location Quotient (LQ)?

Location Quotient measures how concentrated an occupation is in a state compared to the national average. LQ > 1.0 means the state has more of that job proportionally. LQ > 1.2 indicates strong demand.

Which states employ the most Personal Financial Advisors professionals?

The top state for Personal Financial Advisors employment is California with 32,200 jobs.

Find Your Next Opportunity

Related Pages

Top Cities in Minnesota

Explore cost of living, median household income, and demographics for Minnesota's largest cities.

Top Colleges in Minnesota

Compare tuition, admissions, and graduate outcomes at Minnesota's leading institutions.

Personal Financial Advisors Employment in Other States

Compare Personal Financial Advisors labor-market data (jobs, location quotient, salary) across the top-employing states.

All Personal Financial Advisors & Minnesota Resources

Drill deeper into Personal Financial Advisors pay, hiring, and education data for Minnesota.

Data Source

Employment and location quotient data sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) 2025. This data reflects total employment, jobs per 1,000 workers, location quotient, and average salary for Personal Financial Advisors (SOC 132052) in Minnesota.

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