Personal Financial Advisor salary in Niles, MI
Personal Financial Advisors in the Niles, MI metro area earn a median of $82,780 a year ($39.80 an hour), based on BLS data for 60 workers.
Pay ranges from $47,720 for the lowest-paid 10% to $235,170 for the top 10%. That is 21% lower than the national median of $105,070. Pay here is 6% higher than the Michigan statewide median of $77,930. There are 0.93 personal financial advisors per 1,000 jobs here — the job is less common than nationally (location quotient 0.54). The average (mean) salary is $113,540, above the median because a few high earners pull it up.
Pay range for personal financial advisors in Niles, MI
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $47,720 | $22.94 |
| 25th percentile | $55,160 | $26.52 |
| Median | $82,780 | $39.80 |
| 75th percentile | $130,540 | $62.76 |
| 90th percentile (top earners) | $235,170 | $113.06 |
| Average (mean) | $113,540 | $54.59 |
Half of personal financial advisors earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,898.33 |
| Semi-monthly (24 a year) | $3,449.17 |
| Biweekly (26 a year) | $3,183.85 |
| Weekly | $1,591.92 |
| Hourly | $39.80 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Personal Financial Advisor salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Muskegon-Norton Shores, MI | $159,990 | 100 |
| Jackson, MI | $111,990 | 40 |
| Monroe, MI | $98,090 | 70 |
| Flint, MI | $96,140 | 160 |
| Ann Arbor, MI | $95,840 | 320 |
| Grand Rapids-Wyoming-Kentwood, MI | $89,410 | 840 |
| Traverse City, MI | $88,100 | 130 |
| Lansing-East Lansing, MI | $86,220 | 210 |
| Kalamazoo-Portage, MI | $77,890 | 230 |
| Detroit-Warren-Dearborn, MI | $76,830 | 3,430 |
| South Bend-Mishawaka, IN-MI | $74,510 | 220 |
| Saginaw, MI | $71,560 | 110 |
| Battle Creek, MI | $54,470 | 30 |
Highest-paying states for personal financial advisors
| State | Median salary |
|---|---|
| New York | $166,400 |
| New Jersey | $158,570 |
| California | $130,330 |
| Connecticut | $129,720 |
| South Dakota | $128,720 |
| Massachusetts | $125,670 |
| Delaware | $125,050 |
| Oregon | $122,830 |
| Illinois | $120,130 |
| Wisconsin | $119,430 |
See Personal Financial Advisor pay in every state or the Michigan statewide figures.
Related jobs in Niles, MI
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $75,140 | $36.12 |
| Loan Officer | $64,250 | $30.89 |
| Financial and Investment Analysts | $82,070 | $39.46 |
| Property Appraisers and Assessors | $71,730 | $34.49 |
| Market Research Analysts and Marketing Specialists | $75,470 | $36.29 |
| Human Resources Specialist | $66,050 | $31.76 |
| Project Management Specialist | $90,590 | $43.55 |
| Buyers and Purchasing Agents | $70,390 | $33.84 |
| Training and Development Specialists | $69,110 | $33.22 |
| Business Operations Specialists, All Other | $77,250 | $37.14 |
| Logistician | $82,330 | $39.58 |
| Compliance Officer | $61,800 | $29.71 |
| Cost Estimator | $70,720 | $34.00 |
| Management Analyst | $91,130 | $43.81 |
More: Business and Financial Operations Occupations · all salaries in Niles, MI
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2052. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a personal financial advisor make in Niles, MI?
The median salary for personal financial advisors in the Niles, MI metro area is $82,780 a year, or $39.80 an hour. Pay ranges from $47,720 for the lowest-paid 10% to $235,170 for the top 10%.
How much do the highest-paid personal financial advisors make in Niles, MI?
The top 10% of personal financial advisors in the Niles, MI metro area earn at least $235,170 a year. The top 25% earn $130,540 or more.
What is the starting pay for personal financial advisors in Niles, MI?
Entry-level pay (the 10th percentile) is about $47,720 a year, and a quarter of personal financial advisors earn $55,160 or less.
How many personal financial advisors work in Niles, MI?
About 60 personal financial advisors are employed in the Niles, MI metro area, not counting the self-employed.