As of July 01, 2026, the average salary for a Trust Assistant in Minnesota is $61,801 per year, which breaks down to an hourly rate of $30.
However, a Trust Assistant's salary can vary significantly. Here’s a look at the typical salary range:
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Trust Assistant Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $74,201 | $6,183 | $1,427 | $36 |
| Average | $61,801 | $5,150 | $1,188 | $30 |
| 25th Percentile | $55,301 | $4,608 | $1,063 | $27 |
Executive Recruiting Consultants - Minneapolis, MN
U.S. Bancorp - Saint Paul, MN
First Financial Bancorp - Chisholm, MN
Erik's Bike Shop - Minneapolis, MN
A Trust Assistant's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Trust Assistant's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Trust Administrative Support Assistant I | 0-1 years | $46,355 |
| Trust Assistant | 1-3 years | $61,759 |
| Trust Administrative Support Assistant III | 3-5 years | $70,879 |
| Trust Portfolio Administration Manager | 5+ years | $153,514 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Trust Assistants. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Trust Assistant salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $67,564. While startup companies pay approximate $57,074.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $57,074 |
| Growth Stage | 51~500 | $60,394 |
| Established | 501~5000 | $65,225 |
| Enterprise | 5000+ | $67,564 |
For Trust Assistant roles, the industry you choose can impact your earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 20% above the average. Conversely, Trust Assistant positions in Business Services typically offer lower base pay, as this sector often view Trust Assistant as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $74,161 | $36.0 | 20% |
| Insurance | $67,981 | $33.0 | 10% |
Understanding how a Trust Assistant's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $74,201 | $6,183 | $1,427 | $36 |
| Average | $61,801 | $5,150 | $1,188 | $30 |
| 25th Percentile | $55,301 | $4,608 | $1,063 | $27 |
For a Trust Assistant, the most direct path to higher earnings is advancing to the Trust Administrative Support Assistant III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $70,880 - a projected growth of 15% over your current level.
Ready to take the next step in your career? Browse thousands of current Trust Assistant job openings on our job board. Use the search bar below to find your perfect match.
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