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Personal Financial Advisors Salary in MI

In the 2025 U.S. Bureau of Labor Statistics, OEWS dataset, Personal Financial Advisors in MI have a median annual salary of $77,930, with 6,570 recorded jobs in this area. Recorded earnings range from $44,780 at the 10th percentile to $288,860 at the 90th percentile.

Source: U.S. Bureau of Labor Statistics, OEWS · Data year: 2025 · Last updated: 2026-09-22

Salary overview

Median annual salary

$77,930

Data year: 2025

Hourly median

$37.47

Employment

6,570

Source

U.S. Bureau of Labor Statistics, OEWS

Salary distribution

$44,780
10th
$49,570
25th
$77,930
Median
$138,640
75th
$288,860
90th

Local compared with national

MI

$77,930

Median annual · 2025

United States

$105,070

Median annual · 2025

The MI median is 25.8% below the national median in the available dataset (a difference of $27,140).

Top skills

  1. 1.Reading ComprehensionImportance 4.1
  2. 2.Active ListeningImportance 4.1
  3. 3.SpeakingImportance 4.0
  4. 4.WritingImportance 3.9
  5. 5.Critical ThinkingImportance 3.8
  6. 6.MathematicsImportance 3.6
  7. 7.Social PerceptivenessImportance 3.6
  8. 8.Service OrientationImportance 3.6
  9. 9.Complex Problem SolvingImportance 3.6
  10. 10.Judgment and Decision MakingImportance 3.6
  11. 11.PersuasionImportance 3.4
  12. 12.Systems AnalysisImportance 3.4

Career information

Education and experience

Typical education
Bachelor's Degree
Experience
Over 2 years, up to and including 4 years
Job zone
4

Technology used

  • ACT! ACT4Advisors
  • Advent Axys
  • AdviceAmerica AdvisorVision
  • Advisory World ICE
  • ASI Client Acquisition Solution
  • Asset allocation software
  • Automatic Data Processing ProxyEdge
  • Brentmark Stock Option Risk Analyzer
  • Cabinet NG CNG-SAFE
  • Cheshire Financial Planning Suite
  • ComplianceMAX
  • Corel QuattroPro
  • Cygnus IncomeMax
  • DataViz Beyond Contacts
  • Education planning software

Common tasks

  • Explain to clients the personal financial advisor's responsibilities and the types of services to be provided.
  • Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.
  • Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.
  • Answer clients' questions about the purposes and details of financial plans and strategies.
  • Review clients' accounts and plans regularly to determine whether life changes, economic changes, environmental concerns, or financial performance indicate a need for plan reassessment.
  • Manage client portfolios, keeping client plans up-to-date.
  • Recommend to clients strategies in cash management, insurance coverage, investment planning, or other areas to help them achieve their financial goals.
  • Recommend financial products, such as stocks, bonds, mutual funds, or insurance.
  • Implement financial planning recommendations, or refer clients to someone who can assist them with plan implementation.
  • Contact clients periodically to determine any changes in their financial status.

Related careers

Occupations recorded as related in the dataset. A relationship does not imply a guaranteed transition.

Personal Financial Advisors salary in other locations

Other occupations in MI