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Financial Advisor Jobs in Rochester, MN (NOW HIRING)

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Financial Advisor information

See Rochester, MN salary details

$36.6K

$103.8K

$146.4K

How much do financial advisor jobs pay per year?

As of Aug 7, 2026, the average yearly pay for financial advisor in Rochester, MN is $103,819.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,200.00 and $133,200.00 per year, depending on experience, location, and employer.

How do financial advisors typically build and maintain client relationships in their day-to-day work?

Financial Advisors spend a significant portion of their time meeting with clients to understand their financial goals, risk tolerance, and investment preferences. Building trust is crucial, so advisors regularly communicate with clients through updates, portfolio reviews, and proactive outreach regarding market changes or new opportunities. They also collaborate with other financial professionals, such as accountants and estate planners, to provide comprehensive advice. Consistent client engagement and personalized service are key to maintaining long-term relationships and growing a successful advisory practice.

What qualifications do you need to be a financial advisor?

To become a financial advisor, individuals typically need a bachelor's degree in finance, economics, or a related field. Professional certifications such as the Series 7 and Series 66 licenses are often required, along with strong interpersonal and analytical skills. Continuing education and licensing vary by region and employer requirements.

What does a financial advisor do?

Financial advisors manage clients’ financial goals, such as how much money is needed to save for retirement, paying off debt or mortgage loans, and saving for college or buying a vacation home. An advisor also helps with future planning to grow wealth and advise clients on the best route for investing.

What are the key skills and qualifications needed to thrive as a financial advisor, and why are they important?

To thrive as a Financial Advisor, you need strong analytical skills, financial planning knowledge, and usually a bachelor's degree in finance or a related field. Familiarity with financial planning software, CRM systems, and certifications like CFP (Certified Financial Planner) are highly valued. Excellent interpersonal skills, trustworthiness, and effective communication help build client relationships and convey complex information clearly. These skills are crucial for delivering sound financial advice and earning client trust in a competitive industry.

Do financial advisors make good money?

Financial advisors typically earn a combination of salary and commissions, with median annual incomes around $89,000, though earnings can vary widely based on experience, client base, and location. Successful advisors who build a strong client portfolio and obtain certifications like the CFP often have higher earning potential. Compensation may also include bonuses and incentives based on performance.

What is the difference between Financial Advisor vs Financial Planner?

AspectFinancial AdvisorFinancial Planner
CertificationsCFP, CFA, ChFCCFP, ChFC, CPA
Work EnvironmentFinancial firms, banks, independentConsulting firms, independent, or firms
Primary FocusInvestment advice, portfolio managementComprehensive financial planning, estate, retirement
Industry UsageCommonly used in finance and investment sectorsUsed across finance, insurance, and planning services

While both Financial Advisors and Financial Planners assist clients with financial goals, Financial Advisors often focus more on investment management and portfolio advice, whereas Financial Planners provide comprehensive financial planning including retirement, estate, and tax strategies. The roles overlap, but the emphasis and certifications may differ slightly depending on the specific services offered.

What is the work for a financial advisor?

A financial advisor helps clients manage their finances by providing investment advice, financial planning, and risk management strategies. They analyze clients' financial situations, recommend suitable products, and often hold certifications such as CFP or CFA. The role typically involves meeting with clients, researching financial markets, and using financial planning tools to achieve clients' financial goals.

Is a financial advisor worth it as a job?

A financial advisor is a professional who helps clients manage their finances, investments, and retirement planning, often requiring certifications like the CFP. The job can be rewarding with a high earning potential, especially for those with strong interpersonal skills and financial knowledge, but it also involves client management and ongoing education. Its worth depends on personal interest in finance and the ability to build a client base.
More about Financial Advisor jobs
What are the most commonly searched types of Financial Advisor jobs in Rochester, MN? The most popular types of Financial Advisor jobs in Rochester, MN are:
What are popular job titles related to Financial Advisor jobs in Rochester, MN? For Financial Advisor jobs in Rochester, MN, the most frequently searched job titles are:
What job categories do people searching Financial Advisor jobs in Rochester, MN look for? The top searched job categories for Financial Advisor jobs in Rochester, MN are:
What cities near Rochester, MN are hiring for Financial Advisor jobs? Cities near Rochester, MN with the most Financial Advisor job openings:
Financial Advisor jobs near you
Infographic showing various Financial Advisor job openings in Rochester, MN as of August 2026, with employment types broken down into 92% Full Time, and 8% Contract. Highlights an 77% In-person, 8% Hybrid, and 15% Remote job distribution, with an average salary of $103,819 per year, or $49.9 per hour.

Member Account Advisor - Stewartville

First Alliance Credit Union

Stewartville, MN • On-site

$21.66/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 2 days ago

Job description

Description
Member Account Advisor - Stewartville Branch
Starting Pay: $21.66/hour (based on experience)
Schedule: Full-time, Non-Exempt
Certified Spanish or Somali proficiency may qualify for additional pay.
What You'll Do
As a Member Account Advisor, you'll be the welcoming face of First Alliance Credit Union in our Stewartville branch-helping members open accounts, access loans, and reach their financial goals. Your ability to serve members ensures everyone feels seen, supported, and valued.
In this role, you will:
  • Connect & Guide - Provide a warm welcome and help members open accounts or access services that meet their needs.
  • Advise & Educate - Offer clear, honest guidance to help members make confident financial decisions.
  • Grow Relationships - Identify opportunities to support members with loans and other credit union products.
  • Solve & Support - Handle questions and transactions with care, accuracy, and professionalism.
  • Collaborate - Partner with teammates to ensure a seamless, exceptional member experience.

Requirements
Who We're Looking For
We're looking for someone who is member-focused, community-minded, and ready to make a difference.
  • Strong communication and relationship-building skills
  • Tech-savvy and adaptable in a fast-paced environment
  • No financial experience? No problem. We'll provide all the training you need to succeed-what we can't teach is your passion for helping others.

Why You'll Love Working Here
At First Alliance, we live by our mission:
We show up. We listen to your story. We provide possibilities.
Here, you'll have the chance to grow your career while making a real impact in your community.
Benefits include:
  • 401(k) with employer match
  • Medical, dental, and vision coverage
  • Health Savings Account
  • Paid Time Off & employee discounts
  • Life insurance & Employee Assistance Program (EAP)
  • Additional pay for certified Spanish or Somali proficiency

Apply