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As of August 01, 2026, the average salary for a Financial Sales Representative in Minnesota is $98,075 per year, which breaks down to an hourly rate of $47.
However, a Financial Sales Representative's salary can vary significantly. Here’s a look at the typical salary range:
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Financial Sales Representative Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $107,166 | $8,931 | $2,061 | $52 |
| Average | $98,075 | $8,173 | $1,886 | $47 |
| 25th Percentile | $86,428 | $7,202 | $1,662 | $42 |
Western & Southern Life - Eden Prairie, MN
Western & Southern Life - Eden Prairie, MN
Fairview - Grand Rapids, MN
Northwestern Mutual Life Insurance Company - Hopkins, MN
A Financial Sales Representative'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 Financial Sales Representative'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:
| Levels | Salary |
|---|---|
| Sales Rep... Level Financial Sales Representative | $60,715 |
| Sales Rep... Level Financial Sales Representative | $77,206 |
| Financial... Level Financial Sales Representative | $98,884 |
| Sales Rep... Level Financial Sales Representative | $130,455 |
| Sales Rep... Level Financial Sales Representative | $146,393 |
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 Financial Sales Representatives. 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:
For Financial Sales Representative roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Energy & Utilities sectors offer the strongest compensation, at 25% above the average. In contrast, Financial Sales Representative positions in Transportation or Retail & Wholesale typically offer lower base pay, as these industries often view Financial Sales Representative as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $122,594 | $59.0 | 25% |
| Energy & Utilities | $117,690 | $57.0 | 20% |
| Pharmaceuticals | $117,690 | $57.0 | 20% |
| Healthcare | $112,787 | $54.0 | 15% |
| Aerospace & Defense | $107,883 | $52.0 | 10% |
Understanding how a Financial Sales Representative'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 | $107,166 | $8,931 | $2,061 | $52 |
| Average | $98,075 | $8,173 | $1,886 | $47 |
| 25th Percentile | $86,428 | $7,202 | $1,662 | $42 |
Ready to take the next step in your career? Browse thousands of current Financial Sales Representative job openings on our job board. Use the search bar below to find your perfect match.
Fairview
Grand Rapids, MN
Fairview | Grand Rapids, MN
Fairview - - Responsibilities: Schedule patient appointments. Verify insurance and account information. Call patients to remind and reschedule. Enter patie... more
7 Days Ago
Nystrom & Associates, Ltd.
Cedar, MN
Nystrom & Associates, Ltd. | Cedar, MN
Reports to :Patient Financial Services SupervisorType :Non-exemptRationale :Act as representative of NAL / FSSI with patients working to maximize collectio... more
9 Days Ago
Ben Meyer - State Farm Agent
Minneapolis, MN
Ben Meyer - State Farm Agent | Minneapolis, MN
Financial Services Representative - State Farm Agent Team Member. As a Financial Services Representative - State Farm Agent Team Member with Ben Meyer - St... more
5 Days Ago
Anthony Vote - State Farm Agent
Winona, MN
Anthony Vote - State Farm Agent | Winona, MN
Job Description. Job Description. Benefits. Benefits Stipend. 401(k). Bonus based on performance. Competitive salary. Flexible schedule. Paid time off. ROL... more
6 Days Ago
Amy Wakem - State Farm Agent
Saint Paul, MN
Amy Wakem - State Farm Agent | Saint Paul, MN
Job Description. Job Description. ROLE DESCRIPTION. As a Financial Services Representative – State Farm Agent Team Member with Amy Wakem - State Farm Agen... more
6 Days Ago
Andrew Wagner - State Farm Agent
Lakeville, MN
Andrew Wagner - State Farm Agent | Lakeville, MN
Job Description. Job Description. Benefits. Bonus based on performance. Competitive salary. Opportunity for advancement. Paid time off. ROLE DESCRIPTION. A... more
7 Days Ago
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