Entry-Level Financial Advisor Salary in Fridley, MN: $46,813 (2026)
Quick Answer:New financial advisors entering the Fridley, MN job market in 2026 can expect a starting salary around $46,813 (BLS 10th-percentile benchmark for SOC 13-2052, projected from 2025 OEWS data). Stripping out Fridley's local price level (BEA RPP 98.5 — 1% below national), a first-year paycheck buys what $47,526 would in average-cost America. Most reach the city median ($80,713) within a few years of clinical practice.
Based on BLS state-level estimates · View source
For new graduates entering the financial advisory field in Fridley, Minnesota, the starting financial advisor salary is projected at $46,813 in 2026. This figure is notably lower than the median annual salary of $80,713 for financial advisors in the area, indicating a substantial gap. However, it's important to note that as entry-level advisors gain experience, salaries can increase significantly, moving through P25 earnings of $58,113 and eventually reaching the median within the first three to five years. Given the cost of living in Fridley sits slightly below the national average, combined with a promising annual growth rate of 3.30%, the market appears favorable for new graduates seeking opportunities in this sector.
About the Fridley Market
Salary estimated from Minnesota average ($108,000) adjusted for local cost of living.
Career Earnings Timeline in Fridley
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in Fridley
Entry-level financial advisors in Fridley, MN typically start between $46,813 and $58,113 per year (2026 est.). The full salary range spans $78,293 from the 10th to 90th percentile, with the local median at $80,713 — 25.64% below the national median.
Return on Investment
The average financial planning program cost in Minnesota of $52,000 represents just 111.08% of the starting financial advisor pay ($46,813/year) in Fridley. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.
Program cost estimates cover bachelor's degree tuition plus licensing exam fees (Series 7, 63/66) and optional CFP certification program costs. Continuing education is required for license maintenance.
CFP, FA Salary Negotiation Tips for New Graduates in Fridley
- 1Research the Fridley market: entry-level financial advisor pay ranges from $46,813 to $58,113, so aim for at least the 25th percentile if you have strong credentials.
- 2Highlight any additional certifications or specialty training within the financial planning field — employers in MN often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Fridley, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
- 4Consider starting with a larger hospital system or multi-site employer in Fridley for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Fridley's moderate cost of living means your starting salary goes further here compared to many larger metro areas.
Financial Advisor Compensation Range
The financial advisor wage spread in Fridley is $78,293 ( 167.25%) between entry-level and top earners. Starting at $46,813, experienced hygienists can earn up to $125,106.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$38,781
2025 BLS Actual
$45,318
2026 Current Est.
$46,813
2019–2027 Growth
+24.7%
Salary Trajectory for Financial Advisors in Fridley (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $38,781 | Actual |
| 2020 | $39,819 | Actual |
| 2021 | $42,952 | Actual |
| 2022 | $42,167 | Actual |
| 2023 | $44,000 | Actual |
| 2024 | $58,521 | Actual |
| 2025 | $45,318 | Actual |
| 2026(current) | $46,813 | Estimated |
| 2027 | $48,358 | Projected |
Entry-level financial advisor compensation (10th percentile) in Fridley, MN grew 16.9% over 7 years based on actual BLS metropolitan area surveys, rising from $38,781 in 2019 to $45,318 in 2025. By 2027, starting salaries are projected to reach $48,358. New graduates entering the Fridley job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Fridley metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.30% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Starting Your financial planning Career in Fridley
In Fridley, various employers actively recruit entry-level financial advisors. Major players like Northwestern Mutual, Edward Jones, and MassMutual often have structured training programs that provide new advisors with a blend of salary and commission incentives, while wirehouses, although undergoing shifts, continue to offer training programs for budding advisors. Those aiming to enhance their earnings are encouraged to pursue credentials such as the Series 7 and Series 66 licenses for securities or consider obtaining the CFP certification, which is increasingly recognized as the gold standard in financial planning. Understanding the industry's current dynamics, especially the trend toward fee-only fiduciary services offered by registered investment advisory firms (RIAs), can shape a new advisor's path. Realistically, within the first few years, it’s possible to see salary growth driven by performance and additional credentials, aligning with the broader trend of rising demand for financial planning services in Fridley and across MN.
More salary data for Fridley, MN:
Frequently Asked Questions
What is the starting salary for financial advisors in Fridley in 2026?
How fast do financial advisor salaries grow in Fridley?
Is financial planning school worth it in Fridley?
What do new financial advisors make right out of school in Fridley?
How do I become a financial advisor in Minnesota?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Minnesota
Written by Jordan Lee, CFP
Career Analyst
Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.
Methodology & Data Source
Entry-level salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The 10th percentile (entry-level) is used as the starting salary benchmark for new financial planning graduates. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Fridley. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Fridley is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.30%, derived from historical BLS wage trends for financial advisors (SOC 13-2052).
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov