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Financial Planner Salary
in South St. Paul, Minnesota

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

$97,012 (USD)

Average Salary

$47/hr

Average Hourly

$16,861

Average Bonus

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Salary Recap

The average pay for a Financial Planner is $97,012 a year and $47 an hour in South St. Paul, Minnesota, United States. The average salary range for a Financial Planner is between $53,842 and $121,265. On average, a Bachelor's Degree is the highest level of education for a Financial Planner. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in South St. Paul, Minnesota.

ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Salary Potential

Estimated salary in 2029:
$108,970
5 Year Change:
12 %

Shift Differentials

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About South St. Paul, Minnesota

South St. Paul Cost of Living Score:

Description: South St. Paul is a city in Dakota County, Minnesota, United States, immediately south and southeast of St. Paul and east of West St. Paul. The population was 20,759 at the 2020 census. The town was a major meat-packing location, and many residents are descended from immigrants of Southern European and Eastern European heritage, who came to work in the meat-packing plants in the early twentieth century. A post office called "South St. Paul" has been in operation since 1888. The city was named based on its location, south of St. Paul.
Description:
  • Prepares and implements financial plans for individuals, businesses, and organizations, utilizing knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate.
  • Asks client for information to determine client's assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.
  • Assesses client's financial status, prepares financial plan based on analysis of data, and discusses financial options with client.
  • Prepares and submits documents to implement plan selected by client.
  • Maintains contact with client to revise plan based on modified needs of client or changes in investment market.
  • May refer client to other establishments to obtain services outlined in financial plan.
  • May sell insurance to client, recommending amount and type of coverage sales agent, insurance.
  • May buy and sell stocks and bonds for client registered representative.
  • May rent, buy, and sell property for client sales agent, real estate.
  • May be registered with professional self-regulatory association and be designated certified financial planner.

Financial Planner Job Listings for

No listings found

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Salary Recap

The average pay for a Financial Planner is $97,012 a year and $47 an hour in South St. Paul, Minnesota, United States. The average salary range for a Financial Planner is between $53,842 and $121,265. On average, a Bachelor's Degree is the highest level of education for a Financial Planner. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in South St. Paul, Minnesota.

ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Find actuarial salary survey data and benchmark salary and pay.

Powered by ERI's Database

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Job Statistics

Financial Planner Job Prevalence in the United States

Job family: Securities, Commodities, and Financial Services Sales Agents

Job family population: 479,630

Estimated population of Financial Planner jobs: 51,872

Rate of error: 0.9%

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Salaries By Location

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South St. Paul Cost of Living Score:

Description: South St. Paul is a city in Dakota County, Minnesota, United States, immediately south and southeast of St. Paul and east of West St. Paul. The population was 20,759 at the 2020 census. The town was a major meat-packing location, and many residents are descended from immigrants of Southern European and Eastern European heritage, who came to work in the meat-packing plants in the early twentieth century. A post office called "South St. Paul" has been in operation since 1888. The city was named based on its location, south of St. Paul.
Description:
  • Prepares and implements financial plans for individuals, businesses, and organizations, utilizing knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate.
  • Asks client for information to determine client's assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.
  • Assesses client's financial status, prepares financial plan based on analysis of data, and discusses financial options with client.
  • Prepares and submits documents to implement plan selected by client.
  • Maintains contact with client to revise plan based on modified needs of client or changes in investment market.
  • May refer client to other establishments to obtain services outlined in financial plan.
  • May sell insurance to client, recommending amount and type of coverage sales agent, insurance.
  • May buy and sell stocks and bonds for client registered representative.
  • May rent, buy, and sell property for client sales agent, real estate.
  • May be registered with professional self-regulatory association and be designated certified financial planner.
No listings found

Take the guess work out of setting pay

Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.

You May Also Like

White Papers

National Compensation Forecast October 2024
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ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
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Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
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Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
Read More

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Explore our most popular jobs
View our most popular salary searches and other resources