Financial Advisor Careers in South Dakota

Financial Advisor Career in South Dakota

Discover financial advisor jobs in South Dakota — salary data, licensing requirements, and top firms in Sioux Falls and beyond

8,200+ financial services jobs available across South Dakota. Average salary $68,000 - $110,000. Get Series 7 sponsored and launch your career today.

8,200+ Jobs$68,000 - $110,0007% Growth

Financial Advisor Market in South Dakota

Key statistics for financial advisor careers across South Dakota's 4+ major cities

909K
Population
8,200+
Financial Services Jobs
$68,000 - $110,000
Avg. Salary Range
7%
Job Growth Rate

Top Financial Hubs in South Dakota

Major cities offering the best financial advisor career opportunities in South Dakota

Sioux Falls

A leading financial center in South Dakota with strong demand for licensed financial advisors. Home to regional offices of national wirehouses and growing independent firms.

Rapid City

A leading financial center in South Dakota with strong demand for licensed financial advisors. Home to regional offices of national wirehouses and growing independent firms.

Top Firms Hiring in South Dakota

Leading financial firms actively recruiting advisors across South Dakota

Wells Fargo

First Premier Bank

Great Western Bank

Edward Jones

Plus hundreds of regional and independent broker-dealers throughout South Dakota

Licensing Requirements in South Dakota

Required licenses to practice as a financial advisor in South Dakota

Series 7

The General Securities Representative license — required to sell stocks, bonds, options, and most securities products.

Series 66

Combines the Series 63 and 65 — covers state securities regulations and investment advisory requirements.

Building a Financial Advisor Career in South Dakota

Market conditions, salary trends, and growth opportunities for financial advisors across South Dakota

Job Growth & Demand

South Dakota has approximately 8,200+ financial services positions with a projected growth rate of 7% through 2034. The aging population and increasing need for retirement planning continue to drive demand for qualified advisors in Sioux Falls, Rapid City, and beyond.

Compensation Overview

Financial advisors in South Dakota earn $68,000 - $110,000 on average. Entry-level representatives typically start at the lower end while senior advisors with established client bases earn at the top of the range through commissions, fees, and bonuses. The cost of living in South Dakota makes these salaries highly competitive.

Top Employers

South Dakota's leading financial employers include Wells Fargo, First Premier Bank, Great Western Bank, Edward Jones, and numerous independent broker-dealers. Wirehouses like Morgan Stanley and Merrill Lynch have regional offices in Sioux Falls, while Edward Jones and Raymond James maintain strong local presences across the state.

Best Cities to Practice

Sioux Falls, Rapid City are South Dakota's top financial centers. Each offers unique advantages — Sioux Falls has the highest concentration of firms and salaries, while Rapid City offers lower competition and strong community-based advisory opportunities.

Need Series 7 Sponsorship in South Dakota?

Connect with broker-dealer firms in Sioux Falls and across South Dakota

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South Dakota Financial Advisor Career FAQ

Common questions about becoming a financial advisor in South Dakota

Ready to Launch Your Financial Advisor Career in South Dakota?

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