The average salary for a financial advisor in Michigan is around $73,050 per year.
Avg Salary
Financial advisors earn an average yearly salary of $73,050.
Wages typically start from $33,440.
58% above national average Updated in 2018
Financial advisor earnings by seniority
Approximate values based on highest and lowest earning segments.
Financial advisor salary by state
| State Name | Average Salary |
|---|---|
| Alaska | $62,280 |
| Alabama | $79,293 |
| Arkansas | $60,480 |
| Arizona | $70,096 |
| California | $96,490 |
| Colorado | $85,120 |
| Connecticut | $98,000 |
| District of Columbia | $136,660 |
| Delaware | $101,920 |
| Florida | $90,460 |
| Georgia | $96,980 |
| Hawaii | $81,655 |
| Iowa | $103,033 |
| Idaho | $70,670 |
| Illinois | $126,640 |
| Indiana | $108,576 |
| Kansas | $90,606 |
| Kentucky | $84,103 |
| Louisiana | $67,750 |
| Massachusetts | $82,060 |
| Maryland | $81,360 |
| Maine | $101,550 |
| Michigan | $73,050 |
| Minnesota | $79,010 |
| Missouri | $63,000 |
| Mississippi | $72,320 |
| Montana | $73,240 |
| North Carolina | $97,960 |
| North Dakota | $70,500 |
| Nebraska | $68,290 |
| New Hampshire | $65,030 |
| New Jersey | $107,250 |
| New Mexico | $91,050 |
| Nevada | $76,550 |
| New York | $136,830 |
| Ohio | $74,390 |
| Oklahoma | $54,530 |
| Oregon | $78,920 |
| Pennsylvania | $90,928 |
| Puerto Rico | $47,060 |
| Rhode Island | $83,670 |
| South Carolina | $60,070 |
| South Dakota | $68,830 |
| Tennessee | $63,490 |
| Texas | $88,220 |
| Utah | $69,740 |
| Virginia | $83,220 |
| Vermont | $68,340 |
| Washington | $99,960 |
| Wisconsin | $88,590 |
| West Virginia | $61,900 |
| Wyoming | $80,630 |
How do financial advisor salaries compare to similar careers?
Financial advisors earn about the same as related careers in Michigan. On average, they make less than financial managers but more than operations research analysts.
| Career | Median Salary |
|---|---|
| Financial manager salary | $116K |
| Treasurer salary | $116K |
| Fundraising manager salary | $109K |
| Financial advisor salary | $73K |
| Investment fund manager salary | $95K |
| Actuary salary | $80K |
| Business analyst salary | $79K |
| Operations research analyst salary | $88K |
Source: CareerExplorer (Aggregated)