Personal Financial Advisors Salary in Michigan

Ranked #41 of 49 · MI

22.2% below U.S. average
Mean annual salary $121,890 ≈ $59/hr
Median annual salary $77,930
Employment 6,570

Salary Distribution (10th–90th percentile)

P10 $44,780P25 $49,570 Median $77,930P75 $138,640P90 $288,860

About 80% of personal financial advisorss in Michigan earn between $44,780 and $288,860. The blue band is the middle 50% (P25–P75); the dot marks the median.

Compared to the U.S.

Michigan
$121,890
U.S. average
$156,670

The mean personal financial advisors salary in Michigan is $121,890, about 22.2% below the U.S. average ($156,670). That works out to roughly $59/hr at 2,080 hours per year.

Metro Areas in Michigan

Metro areaMedianMeanEmployment
Muskegon-Norton Shores, MI $159,990 $121,290 100
Jackson, MI $111,990 $143,810 40
Monroe, MI $98,090 $173,100 70
Flint, MI $96,140 $146,930 160
Ann Arbor, MI $95,840 $145,280 320
Grand Rapids-Wyoming-Kentwood, MI $89,410 $120,030 840
Traverse City, MI $88,100 $112,000 130
Lansing-East Lansing, MI $86,220 $135,830 210

Frequently Asked Questions

How much do personal financial advisors make in Michigan?

The median personal financial advisors salary in Michigan is $77,930 per year (mean $121,890), and about 80% earn between $44,780 and $288,860.

How much do personal financial advisors make per hour in Michigan?

Roughly $59 per hour, based on a mean annual wage of $121,890 and 2,080 work hours per year.

Is Michigan a high-paying state for personal financial advisors?

Michigan ranks #41 of 49 states for personal financial advisors pay. Its mean salary of $121,890 is about 22.2% below the U.S. average of $156,670.

Which metro areas in Michigan pay personal financial advisors the most?

The highest-paying metro areas in Michigan for personal financial advisors are Muskegon-Norton Shores, MI ($159,990), Jackson, MI ($111,990), Monroe, MI ($98,090), by median annual wage.

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