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As of August 01, 2026, the average salary for a Private Wealth Associate in Minnesota is $92,917 per year, which breaks down to an hourly rate of $45.
However, a Private Wealth Associate's salary can vary significantly. Here’s a look at the typical salary range:
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Private Wealth Associate Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $102,490 | $8,541 | $1,971 | $49 |
| Average | $92,917 | $7,743 | $1,787 | $45 |
| 25th Percentile | $81,822 | $6,819 | $1,574 | $39 |
AllianceBernstein Holding L.P. - Minneapolis, MN
Old National Bancorp - Saint Paul, MN
Cresset Capital - Minneapolis, MN
Seleskie Financial - Saint Paul, MN
A Private Wealth Associate'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 Private Wealth Associate'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 |
|---|---|
| Financial... Level Private Wealth Associate | $58,250 |
| Financial... Level Private Wealth Associate | $77,423 |
| Private W... Level Private Wealth Associate | $93,688 |
| Financial... Level Private Wealth Associate | $112,909 |
| Financial... Level Private Wealth Associate | $228,693 |
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 Private Wealth Associates. 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 Private Wealth Associate roles, the industry you choose can affect earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Financial Services sectors offer the strongest compensation, at 20% above the average. In contrast, Private Wealth Associate positions in Business Services or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Private Wealth Associate as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Insurance | $111,500 | $54.0 | 20% |
| Financial Services | $102,209 | $49.0 | 10% |
Understanding how a Private Wealth Associate'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 | $102,490 | $8,541 | $1,971 | $49 |
| Average | $92,917 | $7,743 | $1,787 | $45 |
| 25th Percentile | $81,822 | $6,819 | $1,574 | $39 |
Ready to take the next step in your career? Browse thousands of current Private Wealth Associate job openings on our job board. Use the search bar below to find your perfect match.
MidWestOne Bank
Minneapolis, MN
MidWestOne Bank | Minneapolis, MN
Overview. Small enough to care. Big enough to deliver. This role is responsible for driving the financial planning process with a primary focus on high-net... more
7 Days Ago
JPMorgan Chase
Rochester, MN
JPMorgan Chase | Rochester, MN
Private Client Advisor. At J.P. Morgan Chase, we have an enthusiasm for helping our clients, taking care of our employees, building relationships, and deli... more
6 Days Ago
Chase
Minneapolis, MN
Chase | Minneapolis, MN
Private Client Advisor. At J.P. Morgan Chase, we have an enthusiasm for helping our clients, taking care of our employees, building relationships, and deli... more
3 Days Ago
Bank of America
Wayzata, MN
Bank of America | Wayzata, MN
Job Opportunity. Merrill Wealth Management is a leading provider of comprehensive wealth management and investment products and services for individuals, c... more
5 Days Ago
DSG CAPITAL ADVISORS, LLC
Minneapolis, MN
DSG CAPITAL ADVISORS, LLC | Minneapolis, MN
Job Description. Job Description. Wealth Management Associate — DSG Capital Advisors | Edina, MN. DSG Capital Advisors is a boutique RIA based in Edina, Mi... more
7 Days Ago
Mercer Advisors
Minneapolis, MN
Mercer Advisors | Minneapolis, MN
Job Description. Job Description. Why Work at Mercer Advisors. For more than 40 years, Mercer Advisors has been helping families amplify and simplify their... more
7 Days Ago
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