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

Ann Arbor, MI
$100,160
Pop. 123,851
Grand Rapids, MI
$85,851
Pop. 198,917
Detroit, MI
$83,943
Pop. 639,111
Lansing, MI
$82,035
Pop. 112,644

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.

Find Financial Advisor Jobs in Warren

Browse open financial advisor positions in Warren, MI:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Warren

How much does a Financial Advisor make in Warren, MI? ▼
The median financial advisor salary in Warren, Michigan is $83,943 per year, which is 12% below the national median of $95,390. Salaries range from $39,072 (10th percentile) to $210,320 (90th percentile).
How much does a Financial Advisor make per hour in Warren? ▼
Based on the median annual salary of $83,943, a financial advisor in Warren earns approximately $40 per hour assuming a standard 2,080-hour work year.
How does Warren compare to the Michigan state average for financial advisor pay? ▼
Warren's median financial advisor salary of $83,943 is 2.2% below the Michigan state average of $85,851. The local cost of living index is 88% of the national average.
What is the cost of living in Warren, MI? ▼
Warren has a cost of living index of 88% compared to the national average. This means a financial advisor salary of $83,943 in Warren has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Warren? ▼
Most financial advisor positions in Warren 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.