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Abstract
Financial advisors guide others on how to manage their money in an educated manner. This helps
them plan ahead for the future. Financial advisors make around $76,500 a year in salary. They
also make roughly $18,000 more in commission. While making very good money, this job also
has many benefits; some of these benefits include life, health, dental, AD & D, and disability
insurance. It also includes a 401k and 401k matching. It offers paid time off and parental leave,
With great pay comes great responsibility, and a financial advisor has several responsibilities.
These include: helping clients prioritize and reach their goals, reviewing clients' portfolios as the
market changes, and helping them save up to retire comfortably at a decent age. Also, they have
to understand taxes and their effects on clients. Financial advisors help others manage their debt,
budget, and plan for the future. Currently, there are 328 job openings for financial advisors in
Minnesota on Indeed.com. The job outlook is showing that there will be a thirteen percent
increase in job openings in the next ten years. This is an important field of work because money
management is an area many people are uncomfortable with, and having someone to help them is
important to reduce stress. People need financial advisors so they can set themselves up for the