Financial Advisor Salary in Brooklyn Park, MN: $84,365 (2026)
Quick Answer:A full-time financial advisor in Brooklyn Park, MN earns a median $84,365/year (≈ $40.56/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Brooklyn Park's price level (1% below national, BEA RPP 98.5), that paycheck buys what $85,650 would nationally. Nominal pay sits 0.9% below the Minnesota state average.
Based on BLS state-level estimates · View source
In Brooklyn Park, Minnesota, the 2026 median salary for a financial advisor stands at $84,365, reflecting a shift towards fiduciary fee-only practices. The salary range for advisors in the area varies significantly, from $48,932 at the lower end (P10) to $130,766 at the upper end (P90), illustrating diverse compensation based on experience, credentials, and client base. These figures, derived from estimates based on 2025 BLS data and adjusted for local economic conditions, signal a competitive market for financial advisors in Brooklyn Park. The city’s growth in the advisory sector suggests an increasing demand for certified financial planners, particularly with the rise of fee-only firms and a general move towards more transparent financial advice.
About the Brooklyn Park Market
Salary estimated from Minnesota average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $48,932 | $23.52 |
| Lower Range (P25) | $60,742 | $29.20 |
| Median (P50)(typical) | $84,365 | $40.56 |
| Upper Range (P75) | $107,988 | $51.92 |
| Top Earners (P90) | $130,766 | $62.87 |
Median Salary Position
22.27% below the national average
2026 Salary Percentile Distribution in Brooklyn Park
In Brooklyn Park, MN, the financial advisor salary spread from the 10th to 90th percentile is $81,834 (2026 est.). At $84,365, the local median is 22.27% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Brooklyn Park: You'd be in the lower-middle range
How Brooklyn Park Financial Advisor Pay Compares
Brooklyn Park median: $84,365/year (2026)
| Compared To | Median Salary | Brooklyn Park Pays |
|---|---|---|
| Minnesota Average | $85,131 | -0.90% less |
| National Average | $108,537 | -22.27% less |
Financial Advisors in Brooklyn Park, MN earn a median of $84,365 per year (2026 est.), which is 22.27% lower than the national median of $108,537 and 0.90% below the Minnesota state average of $85,131.
Cost-of-Living Adjusted Salary
Brooklyn Park has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Brooklyn Park, MN has a cost-of-living index of 98.5 (below the national average of 100). A financial advisor earning $84,365 nominally has purchasing power equivalent to $85,650 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$68,285
2025 BLS Actual
$81,670
2026 Current Est.
$84,365
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Brooklyn Park (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $68,285 | Actual |
| 2020 | $69,435 | Actual |
| 2021 | $73,198 | Actual |
| 2022 | $74,146 | Actual |
| 2023 | $77,403 | Actual |
| 2024 | $105,464 | Actual |
| 2025 | $81,670 | Actual |
| 2026(current) | $84,365 | Estimated |
| 2027 | $87,149 | Projected |
Based on 7 years of BLS OEWS data for the Brooklyn Park metropolitan area, the median financial advisor salary grew 19.6% from $68,285 (2019) to $81,670 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $87,149 by 2027 — a total increase of $18,864 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Brooklyn Park 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $48,932 – $60,742 |
| 3-5 years (Mid Career) | $60,742 – $84,365 |
| 5+ years (Experienced) | $84,365 – $107,988 |
| 10+ years (Top Earner) | $107,988 – $130,766 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Brooklyn Park
The local job market shows strength, with 17 financial advisors currently employed in the Brooklyn Park area. A relatively low cost-of-living index of 98.5 indicates that while salaries may be below the national average, purchasing power remains viable for residents. Wirehouses, such as Morgan Stanley and Wells Fargo Advisors, tend to offer salaries at the higher end of the spectrum, but independent firms like Raymond James or fee-only RIAs often see variance in pay linked to assets under management and fee structures. Factors like client concentration and the adviser’s credentials, such as the CFP, directly affect the compensation range. To maximize earnings in this market, advisors should focus on building a solid client base, pursuing advanced certifications, and capitalizing on breakaway opportunities from wirehouses that can boost their market presence in Brooklyn Park.
More salary data for Brooklyn Park, MN:
Frequently Asked Questions
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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
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 BLS reported a median annual salary of $81,670 for financial advisorsin the Brooklyn Park metropolitan area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Brooklyn Park 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