Financial Advisor Hourly Pay in Northfield, MN: $39.06 (2026)
Quick Answer:Hourly pay for a financial advisor working in Northfield, MN runs $39.06 at the median for 2026 — annualizing to $81,251 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Northfield's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $39.65 nationally would. A 24-hour part-time schedule grosses $48,744 per year.
Based on BLS state-level estimates · View source
In Northfield, Minnesota, the financial advisor hourly pay is projected to be around $39.06 in 2026, significantly lower than the national median of $52.18. This disparity reflects the regional economic conditions and local demand for advisory services. For those considering part-time work, such as three days a week, the hourly rate provides a flexible earning option in various settings, including wirehouse branch offices and client meetings. Financial advisors in Northfield can expect to make between $22.65 and $60.54 per hour, catering to both entry-level advisors and top earners delivering specialized services. The hour-based compensation model also allows for per-diem work arrangements, which may appeal to those looking for temporary engagements or contract-based roles.
About the Northfield Market
Salary estimated from Minnesota average ($108,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $22.65 | $181.23 |
| Lower Range (P25) | $28.13 | $225.03 |
| Median (P50) | $39.06 | $312.46 |
| Upper Range (P75) | $50.00 | $399.98 |
| Top Earners (P90) | $60.54 | $484.35 |
Estimated Annual Income by Work Schedule in Northfield
Based on $39.06/hr median hourly rate · 2026 est.
At $39.06/hr, a financial advisor working full-time (40 hr/wk) in Northfield, MN can expect to earn approximately $81,240 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $46,869. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Northfield.
Hourly Rate Calculator
Schedule Comparison in Northfield
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,562.31 | $6,770 | $81,240 |
| Part-Time (24 hrs) | $937.39 | $4,062 | $48,744 |
| Per Diem (16 hrs) | $624.92 | $2,708 | $32,496 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Northfield) | $39.06 |
| Financial Analyst (National Avg) | $47.61 |
| Accountant / Auditor (National Avg) | $39.88 |
| Insurance Sales Agent (National Avg) | $29.02 |
| Securities / Commodities Sales Agent (National Avg) | $35.30 |
Financial Advisors in Northfield, MN earn a median of $81,251 per year (2026 est.), which is 25.14% lower than the national median of $108,537 and 4.50% below the Minnesota state average of $85,079.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $39.06/hr = $48,744/year (purchasing power: $49,486).
Working 40h/week (full-time) = $81,240/year (purchasing power: $82,477).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$31.61/hr
2025 BLS Actual
$37.81/hr
2026 Current Est.
$39.06/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Northfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $31.61/hr | Actual |
| 2020 | $32.15/hr | Actual |
| 2021 | $33.89/hr | Actual |
| 2022 | $34.33/hr | Actual |
| 2023 | $35.83/hr | Actual |
| 2024 | $48.83/hr | Actual |
| 2025 | $37.81/hr | Actual |
| 2026(current) | $39.06/hr | Estimated |
| 2027 | $40.35/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Northfield grew 19.6% from $31.61/hr (2019) to $37.81/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $40.35/hr by 2027. Part-time and per-diem financial advisors can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Northfield 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.
Working as an Hourly Financial Advisor in Northfield
Focusing on part-time potential, a financial advisor in Northfield could realistically earn an annual income of approximately $45,000 by working 24 hours weekly, which differs substantially from a full-time commitment. On the other hand, per diem or project-based financial advisory work is generally more partitioned, with experienced fiduciary advisors often charging between $3,000 and $15,000 for a comprehensive financial plan. Rates can vary by employer type; those in wirehouse firms like Morgan Stanley and Merrill Lynch may have different compensation structures compared to independent broker-dealers and fee-only RIAs. While some advisors opt for lower hourly rates in exchange for benefits such as health insurance, others might prefer higher pay but no additional perks. When negotiating, financial advisors should emphasize their unique qualifications, such as certifications from the CFP Board or CFA Institute, especially in a city like Northfield, where industry standards are evolving rapidly.
More salary data for Northfield, MN:
Frequently Asked Questions
What is the hourly rate for financial advisors in Northfield in 2026?
How much do part-time financial advisors make in Northfield?
Are financial advisors in Northfield paid hourly or salary?
How much does a full-time financial advisor make per year in Northfield?
Do financial advisors earn more per hour working part-time in Northfield?
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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for financial advisors in Northfield. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Northfield 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