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Independent Broker Salary in Minnesota

How much does an Independent Broker make in Minnesota? The salary range for an Independent Broker job is from $79,789 to $112,570 per year in Minnesota. Click on the filter to check out Independent Broker job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at March 01, 2025
$93,911
Per Year
The average salary for an Independent Broker is $93,911
per Year in Minnesota.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$79,789
$93,911
Medium
$112,570

Highest Paying Cities for Independent Broker in Minnesota

Here are the top eight that pay the highest Independent Broker salary in MN. Due to the cost of living in different locations, the Independent Broker salary will also be different. Minneapolis with the highest wage for the Independent Broker in Minnesota has a high living wage too. Explore more salary information by clicking the city name.

States with Higher Salaries for Independent Broker

Independent Broker works in Minnesota will receive the highest salary in the United States, followed by California, New Jersey. These states have more job opportunities than other places. At the same time, the competition will be fiercer too. People need to improve their competitiveness to get a job in these cities.
Top 5 States with Higher Salaries For
Independent Broker in the United States:
Independent Broker in District of Columbia: $102,173
Independent Broker in California: $101,255
Independent Broker in New Jersey: $100,613
Independent Broker in Alaska: $99,970
Independent Broker in Massachusetts: $99,878

How Much Do Similar Professions Get Paid in Minnesota?

The Independent Broker jobs have a lot of different directions. And, the job title can also be quite different from in diverse companies. Some job titles may not include the Independent Broker, while they have the Independent Broker responsibilities. So, here are some similar jobs and their salaries. Click the link which you are interested in to explore more data.
Independent Insurance Broker
Average salary
United States
$51,641
per Year
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Job openings
Broker/Floor Representative
Average salary
United States
$184,000
per Year
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Job openings
Exchange Floor Broker
Average salary
United States
$183,930
per Year
View salaries
Job openings
Trading Floor Broker
Average salary
United States
$183,943
per Year
View salaries
Job openings
Broker
Average salary
United States
$98,457
per Year
View salaries
Job openings
Independent Consultant
Average salary
United States
$78,261
per Year
View salaries
Job openings

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.
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What Does an Independent Broker Do?

In this episode, Mindy focuses solely on the Independent Broker Dealer (IBD) model and what makes it so popular among many advisors who have gone independent.

December 19, 2021

Without access to such support systems, an independent broker is on their own in terms of education, training, and the latest technologies in the field.

December 10, 2021

The main benefit of working with an independent broker-dealer is having access to a wide range of investment options.

October 20, 2021

Every independent broker-dealer is different in terms of what they offer, so it’s important to take your time in comparing them.

December 09, 2021

RIAs are independent fiduciaries who may associate with several broker-dealers, selling a range of products and services.

December 07, 2021

An independent broker-dealer can offer investment products as well as financial advice when planning for college, retirement or other goals.

December 02, 2021

Most Common Benefits for Independent Broker

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for an Independent Broker
Get a personal salary report to know Which factors can influence Independent Broker salary.
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In this episode, Mindy focuses solely on the Independent Broker Dealer (IBD) model and what makes it so popular among many advisors who have gone independent.
Is this information useful?
Thank you!
Check the below career pages for detailed pay ranges for similar professions to Independent Broker:
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Hopkins pays the highest Independent Broker wage. Get personal salary report to explore more salary information in different cities.
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The Independent Broker salary range is $79,789 to $112,570 in MN.
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