Financial Advisor Salary in Grand Rapids, Michigan
The median financial advisor salary in Grand Rapids, MI is $85,851 per year, which is 10% below the national median and 0.0% above the Michigan state average.
Financial Advisor Salary in Grand Rapids by Experience
In Grand Rapids, an entry-level financial advisor earns around $43,200, while experienced professionals earn up to $162,000 per year. The local cost of living index is 90% of the national average.
Salary Percentiles in Grand Rapids, MI
| Percentile | Grand Rapids |
|---|---|
| 10th Percentile | $39,960 |
| 25th Percentile | $56,160 |
| Median (50th) | $85,851 |
| 75th Percentile | $134,100 |
| 90th Percentile | $215,100 |
Financial Advisor Salary in Other Michigan Cities
How to Become a Financial Advisor in Grand Rapids
Education
Most financial advisor positions require a bachelor's degree. Grand Rapids and the surrounding Michigan area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Grand Rapids may vary based on local industry and population growth.