Business & Finance Lansing, MI Pop. 112,644

Financial Advisor Salary in Lansing, Michigan

The median financial advisor salary in Lansing, MI is $82,035 per year, which is 14% below the national median and 4.4% below the Michigan state average.

City Median
$82,035
vs State Avg
$-3,816
vs National
$-13,355
Cost of Living
86%

Financial Advisor Salary in Lansing by Experience

In Lansing, an entry-level financial advisor earns around $41,280, while experienced professionals earn up to $154,800 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$41,280
$-6,720 vs national
Mid Level (3-7 yrs)
$81,700
$-13,300 vs national
Senior Level (8+ yrs)
$154,800
$-25,200 vs national

Salary Percentiles in Lansing, MI

Percentile Lansing
10th Percentile $38,184
25th Percentile $53,664
Median (50th) $82,035
75th Percentile $128,140
90th Percentile $205,540

Financial Advisor Salary in Other Michigan Cities

Ann Arbor, MI
$100,160
Pop. 123,851
Grand Rapids, MI
$85,851
Pop. 198,917
Detroit, MI
$83,943
Pop. 639,111
Warren, MI
$83,943
Pop. 139,387

How to Become a Financial Advisor in Lansing

Education

Most financial advisor positions require a bachelor's degree. Lansing 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 Lansing may vary based on local industry and population growth.

Find Financial Advisor Jobs in Lansing

Browse open financial advisor positions in Lansing, MI:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Lansing

How much does a Financial Advisor make in Lansing, MI? ▼
The median financial advisor salary in Lansing, Michigan is $82,035 per year, which is 14% below the national median of $95,390. Salaries range from $38,184 (10th percentile) to $205,540 (90th percentile).
How much does a Financial Advisor make per hour in Lansing? ▼
Based on the median annual salary of $82,035, a financial advisor in Lansing earns approximately $39 per hour assuming a standard 2,080-hour work year.
How does Lansing compare to the Michigan state average for financial advisor pay? ▼
Lansing's median financial advisor salary of $82,035 is 4.4% below the Michigan state average of $85,851. The local cost of living index is 86% of the national average.
What is the cost of living in Lansing, MI? ▼
Lansing has a cost of living index of 86% compared to the national average. This means a financial advisor salary of $82,035 in Lansing has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Lansing? ▼
Most financial advisor positions in Lansing 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.