Financial Advisor Salary in Winona, MN: $80,647 (2026)
Quick Answer:A full-time financial advisor in Winona, MN earns a median $80,647/year (≈ $38.77/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Winona's price level (1% below national, BEA RPP 98.5), that paycheck buys what $81,875 would nationally. Nominal pay sits 5.2% below the Minnesota state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Winona, Minnesota, can expect to earn a median annual salary of $80,647, reflecting a transition economy that encourages independent advisory roles over traditional employment models. The salary range for financial advisors varies significantly, with the lowest earners making approximately $46,775 and the top earners reaching up to $125,003. It is important to recognize that these figures are derived from estimates based on 2025 BLS data and adjusted for regional price parities, indicating the local market conditions. In comparison to the national median salary of $108,537, financial advisor pay in Winona, MN, appears to be on the lower end, which may influence both the talent pool and the services offered to clients in this region.
About the Winona Market
Salary estimated from Minnesota average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $46,775 | $22.49 |
| Lower Range (P25) | $58,066 | $27.91 |
| Median (P50)(typical) | $80,647 | $38.77 |
| Upper Range (P75) | $103,229 | $49.63 |
| Top Earners (P90) | $125,003 | $60.10 |
Median Salary Position
25.7% below the national average
2026 Salary Percentile Distribution in Winona
In Winona, MN, the financial advisor salary spread from the 10th to 90th percentile is $78,228 (2026 est.). At $80,647, the local median is 25.7% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Winona: You'd be in the lower-middle range
How Winona Financial Advisor Pay Compares
Winona median: $80,647/year (2026)
| Compared To | Median Salary | Winona Pays |
|---|---|---|
| Minnesota Average | $85,071 | -5.20% less |
| National Average | $108,537 | -25.70% less |
Financial Advisors in Winona, MN earn a median of $80,647 per year (2026 est.), which is 25.70% lower than the national median of $108,537 and 5.20% below the Minnesota state average of $85,071.
Cost-of-Living Adjusted Salary
Winona 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.
Winona, MN has a cost-of-living index of 98.5 (below the national average of 100). A financial advisor earning $80,647 nominally has purchasing power equivalent to $81,875 in an average-cost city — an effective 1.52% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$65,276
2025 BLS Actual
$78,071
2026 Current Est.
$80,647
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Winona (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $65,276 | Actual |
| 2020 | $66,376 | Actual |
| 2021 | $69,972 | Actual |
| 2022 | $70,878 | Actual |
| 2023 | $73,992 | Actual |
| 2024 | $100,815 | Actual |
| 2025 | $78,071 | Actual |
| 2026(current) | $80,647 | Estimated |
| 2027 | $83,309 | Projected |
Based on 7 years of BLS OEWS data for the Winona metropolitan area, the median financial advisor salary grew 19.6% from $65,276 (2019) to $78,071 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $83,309 by 2027 — a total increase of $18,033 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Winona 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) | $46,775 – $58,066 |
| 3-5 years (Mid Career) | $58,066 – $80,647 |
| 5+ years (Experienced) | $80,647 – $103,229 |
| 10+ years (Top Earner) | $103,229 – $125,003 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Winona
In the Winona job market, there are currently four financial advisors employed, highlighting a compact yet potentially competitive landscape. The cost of living index stands at 98.5, slightly below the national average, which influences the take-home value of salaries in this area. Among local employers, firms such as Northwestern Mutual and Edward Jones tend to offer higher compensation than others, including those in wirehouse or independent models. The variance in earnings can be attributed to several factors: assets under management (AUM), client base concentration, and credential premiums for those with CFP or CFA designations. For financial advisors in Winona, focusing on building and managing a robust book of business and maximizing fee structures, particularly under a fiduciary model, can enhance earning potential significantly in this evolving market.
More salary data for Winona, MN:
Frequently Asked Questions
How much do financial advisors make in Winona, MN in 2026?
Is Winona, MN a good place to work as a financial advisor?
Can financial advisors make $100K in Winona?
What is the cost-of-living adjusted financial advisor salary in Winona?
How much does a financial advisor make per hour in Winona?
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
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 $78,071 for financial advisorsin the Winona 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 Winona 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