Business & Finance Ann Arbor, MI Pop. 123,851

Financial Advisor Salary in Ann Arbor, Michigan

The median financial advisor salary in Ann Arbor, MI is $100,160 per year, which is 5.0% above the national median and 16.7% above the Michigan state average.

City Median
$100,160
vs State Avg
+$14,309
vs National
+$4,770
Cost of Living
105%

Financial Advisor Salary in Ann Arbor by Experience

In Ann Arbor, an entry-level financial advisor earns around $50,400, while experienced professionals earn up to $189,000 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$50,400
+$2,400 vs national
Mid Level (3-7 yrs)
$99,750
+$4,750 vs national
Senior Level (8+ yrs)
$189,000
+$9,000 vs national

Salary Percentiles in Ann Arbor, MI

Percentile Ann Arbor
10th Percentile $46,620
25th Percentile $65,520
Median (50th) $100,160
75th Percentile $156,450
90th Percentile $250,950

Financial Advisor Salary in Other Michigan Cities

Grand Rapids, MI
$85,851
Pop. 198,917
Detroit, MI
$83,943
Pop. 639,111
Warren, MI
$83,943
Pop. 139,387
Lansing, MI
$82,035
Pop. 112,644

How to Become a Financial Advisor in Ann Arbor

Education

Most financial advisor positions require a bachelor's degree. Ann Arbor and the surrounding Michigan area have institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Ann Arbor may vary based on local industry and population growth.

Find Financial Advisor Jobs in Ann Arbor

Browse open financial advisor positions in Ann Arbor, MI:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Ann Arbor

How much does a Financial Advisor make in Ann Arbor, MI? ▼
The median financial advisor salary in Ann Arbor, Michigan is $100,160 per year, which is 5.0% above the national median of $95,390. Salaries range from $46,620 (10th percentile) to $250,950 (90th percentile).
How much does a Financial Advisor make per hour in Ann Arbor? ▼
Based on the median annual salary of $100,160, a financial advisor in Ann Arbor earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Ann Arbor compare to the Michigan state average for financial advisor pay? ▼
Ann Arbor's median financial advisor salary of $100,160 is 16.7% above the Michigan state average of $85,851. The local cost of living index is 105% of the national average.
What is the cost of living in Ann Arbor, MI? ▼
Ann Arbor has a cost of living index of 105% compared to the national average. This means a financial advisor salary of $100,160 in Ann Arbor has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Ann Arbor? ▼
Most financial advisor positions in Ann Arbor require a bachelor's degree. Key skills include Investment Planning, Portfolio Management, Tax Planning, Client Relations. The job market is projected to grow 13% nationally over the next decade.