Personal Financial Advisors pay in Detroit-Warren-Dearborn

In Detroit-Warren-Dearborn (MI), the median pay for personal financial advisors is $36.94 an hour ($76,830 a year). About 3,430 people work in this job there.

$36.94Median hourly pay
$49,570–$139,990Middle half of workers, yearly
3,430People in this job in Detroit-Warren-Dearborn (MI)

That is 27% lower than the U.S. median ($105,070). It is about the same as the Michigan median ($77,930).

Pay range for personal financial advisors in Detroit-Warren-Dearborn (MI)

Earns more thanHourlyYearly
10% of workers$21.89$45,530
25% of workers$23.83$49,570
Half of workers (median)$36.94$76,830
75% of workers$67.30$139,990
90% of workers$149.04$310,010

Personal Financial Advisors pay in Michigan metro areas

Metro areaMedian yearly payPeople in this job
Muskegon-Norton Shores$159,990100
Jackson$111,99040
Monroe$98,09070
Flint$96,140160
Ann Arbor$95,840320
Grand Rapids-Wyoming-Kentwood$89,410840
Traverse City$88,100130
Lansing-East Lansing$86,220210
Niles$82,78060
Kalamazoo-Portage$77,890230
Detroit-Warren-Dearborn (this page)$76,8303,430
Saginaw$71,560110
Battle Creek$54,47030

Michigan unemployment rate: 5% (August 2026), U.S. Bureau of Labor Statistics.

Education, experience and outlook for personal financial advisors

  • Typical education to start: Bachelor's degree (BLS)
  • Related work experience most have: 2 to 4 years (O*NET)
  • Training on the job: Long-term on-the-job training (BLS)
  • Job outlook: +1.4% over ten years, little or no change · about 17,100 openings a year (BLS)

Related jobs in Detroit-Warren-Dearborn (MI)

JobMedian yearly pay
Accountants and Auditors$80,650
Loan Officers$76,260
Financial and Investment Analysts$101,550
Financial Specialists, All Other$79,960
Insurance Underwriters$80,180

Other job titles for this job

Wealth ManagerAsset AnalystBudget CounselorCertified Financial PlannerCFPClient AdvisorCredit CounselorDebt CounselorEstate Planning CounselorEstate TrusteeFinance ConsultantFinancial Advisor Associate

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.