Financial Advisor Salary in Moorhead, MN: $81,843 (2026)
Quick Answer:A full-time financial advisor in Moorhead, MN earns a median $81,843/year (≈ $39.35/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Moorhead's price level (1% below national, BEA RPP 98.5), that paycheck buys what $83,089 would nationally. Nominal pay sits 3.8% below the Minnesota state average.
Based on BLS state-level estimates · View source
In Moorhead, Minnesota, financial advisors can expect to see a median annual salary of $81,843 in 2026. The compensation landscape varies significantly, with salaries ranging from $47,468 at the 10th percentile to $126,855 at the 90th percentile. These figures represent local estimates derived from 2025 BLS data, adjusted for regional price parities, illuminating the contrast between those working within commission-based wirehouses and the more fiduciary-focused Registered Investment Advisors (RIAs). As the financial advisory field evolves, particularly with the growth of RIAs, strategies around assets under management (AUM) models play a crucial role in shaping compensation rates, making the job market in Moorhead competitive for advisors who can navigate these differing structures effectively.
About the Moorhead Market
Salary estimated from Minnesota average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $47,468 | $22.82 |
| Lower Range (P25) | $58,926 | $28.34 |
| Median (P50)(typical) | $81,843 | $39.35 |
| Upper Range (P75) | $104,759 | $50.37 |
| Top Earners (P90) | $126,855 | $60.99 |
Median Salary Position
24.59% below the national average
2026 Salary Percentile Distribution in Moorhead
In Moorhead, MN, the financial advisor salary spread from the 10th to 90th percentile is $79,387 (2026 est.). At $81,843, the local median is 24.59% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Moorhead: You'd be in the lower-middle range
How Moorhead Financial Advisor Pay Compares
Moorhead median: $81,843/year (2026)
| Compared To | Median Salary | Moorhead Pays |
|---|---|---|
| Minnesota Average | $85,075 | -3.80% less |
| National Average | $108,537 | -24.59% less |
Financial Advisors in Moorhead, MN earn a median of $81,843 per year (2026 est.), which is 24.59% lower than the national median of $108,537 and 3.80% below the Minnesota state average of $85,075.
Cost-of-Living Adjusted Salary
Moorhead 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.
Moorhead, MN has a cost-of-living index of 98.5 (below the national average of 100). A financial advisor earning $81,843 nominally has purchasing power equivalent to $83,089 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$66,243
2025 BLS Actual
$79,228
2026 Current Est.
$81,843
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Moorhead (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $66,243 | Actual |
| 2020 | $67,359 | Actual |
| 2021 | $71,009 | Actual |
| 2022 | $71,929 | Actual |
| 2023 | $75,088 | Actual |
| 2024 | $102,309 | Actual |
| 2025 | $79,228 | Actual |
| 2026(current) | $81,843 | Estimated |
| 2027 | $84,543 | Projected |
Based on 7 years of BLS OEWS data for the Moorhead metropolitan area, the median financial advisor salary grew 19.6% from $66,243 (2019) to $79,228 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $84,543 by 2027 — a total increase of $18,300 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Moorhead 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) | $47,468 – $58,926 |
| 3-5 years (Mid Career) | $58,926 – $81,843 |
| 5+ years (Experienced) | $81,843 – $104,759 |
| 10+ years (Top Earner) | $104,759 – $126,855 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Moorhead
With only 11 financial advisors currently employed in Moorhead, the local job market remains relatively tight, potentially affecting opportunities for new entrants. The cost of living index for Moorhead is 98.5, slightly below the national average, which impacts take-home pay and purchasing power for financial advisors in the area. Among local employers, wirehouses such as Merrill Lynch and Wells Fargo Advisors typically offer the highest salaries, but the independent broker-dealer and RIA segments are gaining traction due to the increasing demand for fiduciary services. Factors contributing to the salary spectrum include AUM book sizes, fee structures, professional credentials like the CFP or CFA, and the concentration of high-net-worth clients. To maximize financial advisor pay in Moorhead, individuals should consider obtaining key designations, building a robust client base, and possibly developing a niche in the advisory field that aligns with the evolving market demands.
More salary data for Moorhead, 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 $79,228 for financial advisorsin the Moorhead 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 Moorhead 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