ZipRecruiter

Log In

1

Salaried Financial Advisor Jobs in Rochester, MN

Baird

Financial Advisor in Training

Rochester, MN · On-site

$60K - $100K/yr

Begin your journey to becoming a Financial Advisor in Baird's Financial Advisor Training Program-a ... annual salary range * Compensation is commensurate with experience, performance and/or firm ...

Stifel

Registered Client Service Associate

Rochester, MN · On-site

$46K/yr

... Financial Advisor(s) (FA(s)) with the opening and maintenance of client accounts and records ... Actual salaries may vary, and may be based on several factors, including but not limited to each ...

Stifel

Registered Client Service Associate

Rochester, MN · On-site

$46K - $70K/yr

... Financial Advisor(s) (FA(s)) with the opening and maintenance of client accounts and records ... Actual salaries may vary, and may be based on several factors, including but not limited to each ...

Compeer Financial

Sr. Tax Consultant

Rochester, MN · Hybrid

$84K - $127K/yr

Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We ... This role is eligible for a short-term incentive opportunity of up to 20% of base salary, tied to ...

Old National Bank

Private Banker II

Rochester, MN · On-site

$62K - $153K/yr

In return, we offer competitive compensation with our salary and incentive program, in addition to ... Work collaboratively with an ONB Wealth Advisor to effectively manage and deepen client ...

Old National Bank

Private Banker II

Rochester, MN · On-site

$62K - $153K/yr

In return, we offer competitive compensation with our salary and incentive program, in addition to ... Work collaboratively with an ONB Wealth Advisor to effectively manage and deepen client ...

Best Buy

Delivery Assistant

Rochester, MN

$14.75 - $18.25/hr

Provide a seamless client experience by advising on product placement and giving recommendations ... Financial savings and retirement resources * Support for your physical and mental well-being Best ...

Best Buy

Delivery Assistant

Rochester, MN · On-site

$15.25 - $19/hr

Provide a seamless client experience by advising on product placement and giving recommendations ... Financial savings and retirement resources * Support for your physical and mental well-being Best ...

next page

Showing results 1-20

All JobsSalaried Financial Advisor JobsSalaried Financial Advisor Jobs in Rochester, MN

Salaried Financial Advisor information

See Rochester, MN salary details

$36.6K

$103.8K

$146.4K

How much do salaried financial advisor jobs pay per year?

As of Aug 27, 2026, the average yearly pay for salaried 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.

What is a salaried financial advisor?

Salaried financial advisors are professionals who provide financial planning and investment advice to clients while receiving a fixed salary from their employer, rather than earning commissions from product sales. This compensation structure can help reduce potential conflicts of interest, as their income does not depend on selling specific financial products. Salaried financial advisors often work for banks, investment firms, or large financial institutions, and their goal is to provide objective advice tailored to each client's needs.

What does a salaried financial advisor do?

A salaried financial advisor provides wealth management and investment advice to clients. Your duties include helping each client make an investment plan that meets their needs and goals. You may also offer information about tax incentives and insurance options, performing analyses and creating reports using financial software. Financial advisors can recommend equities or funds for a client’s portfolio and typically earn a commission for selling financial and investment products, but salaried advisors receive a base salary and do not rely on commissions. You can, however, receive performance bonuses and other incentives.

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

To thrive as a Salaried Financial Advisor, you need strong analytical skills, financial knowledge, and typically a degree in finance, economics, or a related field, along with relevant certifications such as CFP or CFA. Proficiency with financial planning software, CRM systems, and investment platforms is commonly required. Excellent interpersonal skills, active listening, and the ability to build trust help advisors stand out when guiding clients through financial decisions. These competencies ensure accurate, personalized advice and foster long-term client relationships critical to the role’s success.

What are some common challenges faced by salaried financial advisors when managing a diverse client portfolio?

Salaried financial advisors often manage a wide range of clients with varying financial goals, risk tolerances, and backgrounds. One common challenge is tailoring advice and strategies to meet these diverse needs while adhering to regulatory requirements and firm guidelines. Additionally, balancing time between client meetings, research, and administrative tasks can be demanding. Effective communication and continuous learning are essential to stay updated on market trends and provide clients with relevant, personalized financial guidance.

What is the difference between Salaried Financial Advisor vs Commission-Based Financial Advisor?

AspectSalaried Financial AdvisorCommission-Based Financial Advisor
CompensationFixed salary regardless of salesEarns commissions on products sold
Work EnvironmentTypically employed by firms with steady incomeOften independent or tied to product sales
CredentialsUsually holds CFP or similar certificationsMay hold similar credentials, but focus on sales
Client InteractionAdvises clients with a focus on planningFocuses on product recommendations and sales

In summary, Salaried Financial Advisors receive a consistent salary and focus on comprehensive financial planning, while Commission-Based Financial Advisors earn through sales commissions, often emphasizing product sales. Both roles require relevant certifications, but their compensation structures and client engagement styles differ significantly.

More about Salaried 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 Salaried Financial Advisor jobs in Rochester, MN?

For Salaried Financial Advisor jobs in Rochester, MN, the most frequently searched job titles are:

What job categories do people searching Salaried Financial Advisor jobs in Rochester, MN look for?

The top searched job categories for Salaried Financial Advisor jobs in Rochester, MN are:

What cities near Rochester, MN are hiring for Salaried Financial Advisor jobs?

Cities near Rochester, MN with the most Salaried Financial Advisor job openings:

Salaried Financial Advisor jobs near you
Infographic showing various Salaried Financial Advisor job openings in Rochester, MN as of August 2026, with employment types broken down into 100% Full Time. Highlights an 73% In-person, and 27% Remote job distribution, with an average salary of $103,819 per year, or $49.9 per hour.

Financial Advisor in Training

Baird

Rochester, MN • On-site

$60K - $100K/yr

Full-time

Re-posted 8 days ago

Baird rating

8.5

Company rating: 8.5 out of 10

Based on 11 frontline employees who took The Breakroom Quiz

Job description

About the Role:
Begin your journey to becoming a Financial Advisor in Baird's Financial Advisor Training Program-a structured career development path designed to build confident, competent, and credible advisors. Through hands-on experience and required licensing, you'll master advanced training, and sales strategies, while integrating into a real-world practice. You will have the opportunity to partner with experienced advisor teams, support client planning, and contribute to new business development while learning to deliver an exceptional wealth management experience.
The Impact You'll Make:
Year 1: Practice Immersion (12 Months) The initial Practice Immersion year is a customized entry point for participants, and will include the following, at minimum.
  • Pass all required licensing (Series 7, 66, Life & Health) and train incoming Associate Financial Advisor/Client Specialist successors as applicable.
  • Prepare for, attend, and shadow senior advisors in client meetings and calls; take meeting notes and complete all follow-up tasks.
  • Memorialize and support the team service model and Standard of Care, including building performance reports.
  • Research investment solutions and assist senior advisors with portfolio-related analysis and tasks.
  • Develop team marketing/branding and value proposition, and lead brokerage-to-fee conversion conversations with clients.

Year 2: Development (4-12 months) Participants are required to be fully licensed prior to entering year two, when they will focus on the Financial Advisor Training program curriculum. Participants will be required to complete all virtual and in-person requirements and pass all skill and knowledge checks. Participants are required to further pass a two-part comprehensive Capstone role play to progress in the program.
  • Complete FATP curriculum
  • Deepen investment knowledge, technology, and planning skills
  • Complete skill and knowledge checks
  • Expand role in client meetings and planning processes
  • Successfully pass Comprehensive Capstone Project

Years 3 & 4: Gain Essential Experience (24 Months) In years three and four, participants become Financial Advisor Associates and advance their experience and expertise, while working to earn the title of Financial Advisor (FA). To earn the FA title, participants must meet qualifying criteria that include but are not limited to 1) clearly demonstrated ability to deliver the Baird Wealth Management Experience confidently, competently, and credibly, and 2) proven ability to grow the business through quality new client acquisitions. This includes the following.
  • Complete Baird sales training and consistently achieve new client asset and revenue growth goals
  • Independently source, prospect, and close new business through networking, target markets, and referrals
  • Deepen existing client relationships by identifying and closing additional assets, including repricing and brokerage-to-fee conversions
  • Lead holistic planning engagements and delivering comprehensive financial plans for HNW clients and prospects
  • Build long-term growth through COI development, referral and NextGen campaigns, and independently running mid- to top-tier client meetings

What You'll Bring to Baird:
  • Bachelor's Degree
  • Minimum 3 years of professional experience prior to entering the four-year development path
  • Currently have or ability to obtain SIE, Series 7, Series 66 (or 63 and 65), and Life & Health Insurance
  • Pursuit of advanced designations throughout the program preferred (AAMS, CFP, CDFA, CFA, CIMA, SPWA, CWS, TPCP)
  • Entrepreneurial mindset with a focus on quality new client acquisition
  • Strong interpersonal, communication, and presentation skills
  • Coachable and collaborative team approach
  • Ability to build trusted relationships with clients and team members

Compensation and Benefits:
  • $60,000 -$100,000 annual salary range
  • Compensation is commensurate with experience, performance and/or firm profitability
  • You'll have the opportunity to advance your career while enjoying our comprehensive benefits designed for your life, career and future.

#LI-PWM3

What Baird employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply