Business & Finance Warren, MI
Pop. 139,387
Financial Advisor Salary in Warren, Michigan
The median financial advisor salary in Warren, MI is $83,943 per year, which is 12% below the national median and 2.2% below the Michigan state average.
City Median
$83,943
vs State Avg
$-1,908
vs National
$-11,447
Cost of Living
88%
Financial Advisor Salary in Warren by Experience
In Warren, an entry-level financial advisor earns around $42,240, while experienced professionals earn up to $158,400 per year. The local cost of living index is 88% of the national average.
Entry Level (0-2 yrs)
$42,240
$-5,760 vs national
Mid Level (3-7 yrs)
$83,600
$-11,400 vs national
Senior Level (8+ yrs)
$158,400
$-21,600 vs national
Salary Percentiles in Warren, MI
| Percentile | Warren |
|---|---|
| 10th Percentile | $39,072 |
| 25th Percentile | $54,912 |
| Median (50th) | $83,943 |
| 75th Percentile | $131,120 |
| 90th Percentile | $210,320 |
Financial Advisor Salary in Other Michigan Cities
How to Become a Financial Advisor in Warren
Education
Most financial advisor positions require a bachelor's degree. Warren 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 Warren may vary based on local industry and population growth.