Personal Financial Advisor Salary in Michigan (2026)
Michigan · 10.0% below national average · High Demand
| City | Avg Salary | vs National | Demand |
|---|---|---|---|
| Grand Rapids | $107,076 | -9.0% | High |
Michigan is home to a moderate job market for Personal Financial Advisors. The state's key industries — Automotive, Healthcare, Technology — generate significant demand for skilled professionals. At $117,666 per year, Michigan's Personal Financial Advisor salaries are 10.0% lower than the national average.
The cost of living in Michigan (index: 0.9) makes salaries stretch further than in higher-cost states. Entry-level professionals in Michigan can expect to earn $51,436–$85,930, while experienced Personal Financial Advisors can command $163,540–$198,058.
Looking ahead, the Personal Financial Advisor profession in Michigan is projected to grow at 4.6% annually. Major employers are actively hiring, and the state's investment in Automotive continues to drive new opportunities for qualified candidates.
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What is the average Personal Financial Advisor salary in Michigan?The average Personal Financial Advisor salary in Michigan is $117,666 per year in 2026, which is 10.0% below the national average of $130,740.
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What city in Michigan pays Personal Financial Advisors the most?Major metro areas typically pay Personal Financial Advisors the highest wages in Michigan due to higher costs of living and competitive job markets.
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Is Michigan a good state for Personal Financial Advisors?Michigan has a moderate job market with major industries in Automotive, Healthcare, Technology. Opportunities exist in for Personal Financial Advisor employment.
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How does Michigan Personal Financial Advisor salary compare to the US average?At $117,666/year, Michigan Personal Financial Advisor salaries are 10.0% lower than the national average of $130,740/year.