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Personal Financial Advisors in South Dakota

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Personal Financial Advisors in South Dakota

Get the information you need to know about working as a Personal Financial Advisor.

14.6% Jobs Projection
$68,830 Median Salary
50 Job Openings

You’re in luck! Jobs for Personal Financial Advisors in South Dakota are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Personal Financial Advisors in South Dakota is growing faster than average.

  • Personal Financial Advisors in South Dakota earn higher salaries than the typical U.S. wage earner.

How Many Personal Financial Advisors Work in South Dakota?

In 2018, there were 390 Personal Financial Advisors working in the state.

There were 380 Personal Financial Advisors employed in this state in 2017.

That’s growth of 10 jobs between 2017 and 2018.

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The typical state has 1,820 Personal Financial Advisors working in it, which means South Dakota has fewer Personal Financial Advisors than average.

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Job Projections for South Dakota

Jobs for Personal Financial Advisors in this state are growing at a rate of 14.6% which is slower than the nationwide estimated projection of 14.9%.

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South Dakota Annual Job Openings

The BLS is projecting 50 annual Personal Financial Advisors job openings in South Dakota, and 550 total jobs in the year 2026.

Nationwide, the prediction is 25,500 annual jobs and 312,300 total jobs in 2026.

What do Personal Financial Advisors Make in South Dakota?

In 2018 wages for Personal Financial Advisors ranged from $42,250 to $114,220 with $68,830 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $20.31 to $54.91. The median hourly rate was $33.09.

Workers in this field were paid a median of $34.42 an hour in 2017.

The hourly rate declined by $1.33.

The median salary in South Dakota is higher than the nationwide median salary.

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Top South Dakota Metros for Personal Financial Advisors

The table below shows some of the metros in this state with the most Personal Financial Advisors.

Metro Number Employed Annual Median Salary
Sioux Falls, SD 180 $61,670
Sioux City, IA-NE-SD 60 $67,470
Rapid City, SD 50 $69,890

Top States for Personal Financial Advisors Employment

View the list below to see where most Personal Financial Advisors work.

State Number Employed Annual Median Salary
New York 26,710 $136,830
California 24,890 $96,490
Florida 14,080 $90,460
Texas 10,830 $88,220
Massachusetts 9,060 $82,060
Illinois 8,940 $88,760
Pennsylvania 8,590 $78,470
North Carolina 7,010 $97,960
Ohio 6,000 $74,390
Michigan 5,210 $73,050
Missouri 5,050 $63,000
Wisconsin 4,730 $88,590
New Jersey 4,700 $107,250
Georgia 4,660 $96,980
Connecticut 4,470 $98,000
Virginia 4,370 $83,220
Maryland 4,290 $81,360
Colorado 4,010 $85,120
Indiana 3,740 $90,150
Minnesota 3,720 $79,010

Below are the states where Personal Financial Advisors get paid the most:

State Annual Median Salary
New York $136,830
District of Columbia $136,660
New Jersey $107,250
Delaware $101,920
Maine $101,550
Washington $99,960
Connecticut $98,000
North Carolina $97,960
Georgia $96,980
California $96,490

You may also be interested in the following careers:

Occupation SD Employment Total

What Major Will Prepare You For a Personal Financial Advisor Career?

References

More about our data sources and methodologies.

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