South Dakota Financial Planner Salary

Financial Advisor Salary in South Dakota

 

According to the U.S. Bureau of Labor Statistics, there were 230 personal financial advisors employed in South Dakota in 2010, earning an annual mean wage of $66,910.

South Dakota’s personal financial advisors earning in the top 25 percent made an average annual salary of $81,360, while those earning in the top 10 percent earned $106,840 on average.

Area name
Employment
Annual mean salary
Rapid City, SD
50
$64,850
Sioux Falls, SD
110
$75,110
Eastern South Dakota nonmetropolitan area
60
$57,380

Stockbroker Salary in South Dakota

 

The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) stated that there were 570 securities, commodities, and financial services sales agents employed in South Dakota in 2010. These stockbrokers earned an average salary of $75,890. Broker-dealer agents in South Dakota’s top 25 percent earned an annual mean wage of $85,000.

Area name
Employment
Annual mean salary
Sioux City, IA-NE-SD
110
$51,910
Sioux Falls, SD
Not Released
$56,070
Eastern South Dakota nonmetropolitan area
40
Not Released

Life/Annuity Producer Salary in South Dakota

According to the U.S. Bureau of Labor Statistics, South Dakota was home to 1,510 insurance sales agents in 2010, some of which sold fixed annuities and life insurance as financial planners. Insurance sales agents in South Dakota earned an annual mean wage of $47,030 in 2010. Insurance sales agents earning salaries within the top 25 percent in South Dakota made an average of $53,720 yearly, while those earning in the state’s top 10 percent earned $77,440 per year.

Area name
Employment
Annual mean salary
Rapid City, SD
150
$54,890
Sioux City, IA-NE-SD
180
$48,090
Sioux Falls, SD
680
$53,090
Central South Dakota nonmetropolitan area
170
$38,340
Eastern South Dakota nonmetropolitan area
430
$38,630
Western South Dakota nonmetropolitan area
50
$47,170.

Salary and employment data compiled by the United States Department of Labor’s Bureau of Labor Statistics in May of 2010. These estimates do not include self-employed financial advisors. The Bureau of Labor Statistics always expresses salaries equal to or greater than $166,400 (hourly wage of $80.00) as such and doesn’t provide estimates beyond these totals.