Financial Analyst Salary in Minnesota (2026)
The average Financial Analyst in Minnesota earns around $110,000/year. After taxes, your estimated take-home is $80,258/year ($6,688/month).
Take-Home Pay Breakdown
| Category | Amount |
|---|---|
Annual Take-Home Pay | $80,258 |
Monthly Take-Home Pay | $6,688 |
Biweekly Take-Home Pay | $3,087 |
Hourly Take-Home Pay based on 2,080 hrs/year | $39/hr |
Federal Tax | $15,370 |
State Tax | $5,957 |
FICA Taxes | $8,415 |
Effective Tax Rate total taxes ÷ gross salary | 27.04% |
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Financial Analyst Salary Ranges in Minnesota
Not all Financial Analysts earn the same — not even close
Minnesota's financial analyst market is anchored by Ameriprise Financial HQ Minneapolis (Fortune 250 wealth management, ~$1.4T AUM, ~10K MN employees), US Bancorp HQ Minneapolis (Fortune 200 banking, ~$680B assets, ~7K MN), Target HQ corporate finance + IR (Fortune 50 retail), Cargill Wayzata corporate finance + treasury (~$165B-revenue private), Securian Financial HQ St. Paul (mutual life insurance), Thrivent Financial HQ Minneapolis ($175B+ AUM faith-based), plus UnitedHealth corporate finance + Best Buy + 3M + General Mills FP&A organizations.
Director / VP Finance
$215,000–$385,000+ TC
UHG + Target + Best Buy + 3M VP Finance · MN Fortune 500 executive band
Senior Investment Analyst (Wealth Mgmt)
$135,000–$215,000
Ameriprise · Securian + Thrivent + Allianz Life Mpls · advisor support + portfolio analysis
Senior Corporate FP&A
$125,000–$195,000
Target FP&A · Best Buy FP&A · 3M FP&A · UnitedHealth FP&A · Fortune 500 corp finance
Senior Treasury Analyst (Cargill / 3M)
$135,000–$210,000
Cargill global treasury · 3M treasury · UHG treasury · commodity hedging + FX + capital markets
Senior Equity Research Analyst
$135,000–$235,000+ TC
Piper Sandler equity research · Robert W. Baird Mpls · regional research coverage
Senior Banking Analyst (US Bancorp)
$115,000–$175,000
US Bancorp credit + commercial banking + capital markets · banking-track senior associate
Senior Insurance Analyst
$118,000–$185,000
Securian + Thrivent + Allianz Life + Travelers Mpls · actuarial + product + investments
Senior IR Analyst
$125,000–$215,000
Target IR · Best Buy IR · UHG IR · 3M IR · public-company investor relations
Mid-Level Financial Analyst (3-6 yrs)
$78,000–$118,000
Functional senior associate at MN Fortune 500 · transitioning to senior band
Junior Financial Analyst (0-3 yrs)
$62,000–$88,000
Carlson School MBA + St. Thomas + Macalester finance pipeline · entry band
Worth knowing: Ameriprise Financial HQ Minneapolis is the deepest wealth-management employer in the upper Midwest and an anchor most national finance-career surveys understate for MN. Ameriprise (~$1.4T AUM, ~10K MN employees, post-2005 American Express spinoff, the country's largest publicly-traded retail wealth manager after Morgan Stanley + Merrill + Wells Fargo Advisors) operates substantial advisor + portfolio + product organizations supporting ~12K advisors nationally. Senior Ameriprise investment analysts clear $135-215K TC. Cargill Wayzata corporate treasury is among the largest US private-company treasury organizations — global FX + commodity hedging + capital markets at $165B-revenue scale, with senior Cargill treasury analysts at $135-210K TC. US Bancorp HQ Minneapolis (Fortune 200, ~$680B assets, the country's 5th-largest commercial bank) anchors MN banking finance. Piper Sandler HQ Minneapolis + Robert W. Baird MN operations support regional equity research + sell-side coverage. MN's 9.85% top bracket catches Director/VP comp at $250K+ TC — for a $325K VP Finance the MN state tax adds ~$25-28K/year vs SD/TX/FL residency.
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More on Minnesota
Salaries by profession, top-paying roles by industry, and an economic breakdown for Minnesota in 2026.
Tax brackets, standard deductions, and take-home estimates for Minnesota in 2026.
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