Banking Advisor Salaries in Michigan
How Much Does a Banking Advisor Make in Michigan?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Banking Advisor in Michigan is $51,642.
While Salary.com is seeing that Banking Advisor salary in MI can go up to $66,397
or down to $40,169, but most earn between $45,636 and $59,365.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Banking Advisor
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Similar Job Salaries to Banking Advisor by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Raymond James Financial, Inc.
Advisor, Private Client Banking
|
$82,165/yr
|
RANGE: $73,888 - $90,441
|
|
Park State Bank
Personal Banking Advisor
|
$51,278/yr
|
RANGE: $46,316 - $56,240
|
|
Western Alliance Bank
Preferred Banking Advisor
|
$93,171/yr
|
RANGE: $82,577 - $103,764
|
|
Wilmington Savings Fund Society
Mortgage Banking Advisor
|
$75,850/yr
|
RANGE: $68,131 - $83,570
|
|
First Volunteer Bank
COMMERCIAL BANKING ADVISOR
|
$122,546/yr
|
RANGE: $109,837 - $135,255
|
|
Arvest Bank
Private Banking Advisor
|
$107,703/yr
|
RANGE: $96,360 - $119,046
|
|
Banner Bank
Banking Solutions Advisor
|
$80,241/yr
|
RANGE: $72,531 - $87,951
|
|
Western Alliance Bancorporation
Preferred Banking Advisor
|
$96,855/yr
|
RANGE: $85,851 - $107,858
|
|
Western Alliance Bank
Senior Preferred Banking Advisor
|
$102,181/yr
|
RANGE: $91,338 - $113,024
|
|
Builtwell Bank
Commercial Banking Advisor
|
$91,447/yr
|
RANGE: $80,550 - $102,343
|
Top 10 Highest Paying Cities For Banking Advisor Jobs in Michigan
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Banking Advisor can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Banking Advisor job salaries in Michigan.
Some cities can pay higher salaries for Banking Advisor jobs, which can indicate that there is a large demand for Banking Advisor positions in this city.
The following table shows top 10 cities where the Banking Advisor salary is higher than other cities in Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Banking Advisor salary is $53,682 in Ann Arbor,
which is higher than the national average. There are 18 cities' Banking Advisor salary higher than national average in Michigan.
The average salary for a Banking Advisor in Michigan is $51,642,
but we found that the city with the highest salary for Banking Advisor jobs is Ann Arbor, MI, and it is higher than Canton.
Banking Advisor jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Ann Arbor | $53,682 | $4,474 | $1,032 | $26 |
| Canton | $53,578 | $4,465 | $1,030 | $26 |
| Novi | $53,421 | $4,452 | $1,027 | $26 |
| Westland | $53,002 | $4,417 | $1,019 | $25 |
| West Bloomfield | $52,793 | $4,399 | $1,015 | $25 |
| Detroit | $52,740 | $4,395 | $1,014 | $25 |
| Warren | $52,740 | $4,395 | $1,014 | $25 |
| Dearborn | $52,740 | $4,395 | $1,014 | $25 |
| Waterford | $52,740 | $4,395 | $1,014 | $25 |
| Dearborn Heights | $52,688 | $4,391 | $1,013 | $25 |
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Personal banking advisors help customers with their banking needs, from loans and investment opportunities to credit cards and financial products.
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Explore JobArchitectFrequently Asked Questions About a Banking Advisor Salaries
What is the average of a Banking Advisor in Michigan?
The Banking Advisor salary range is from $45,636 to $59,365, and the average Banking Advisor salary is $51,642/year in Michigan.
The Banking Advisor's salary will change in different locations.
Which location pays the highest Banking Advisor salary in the United States?
The Banking Advisor salary in San Jose, CA is $65,664
which is the highest in the US.
What kinds of reasons will influence the Banking Advisor's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Banking Advisor.
What is the growth rate of the Banking Advisor's salary?
If you are thinking of becoming a Banking Advisor or planning the next step in your career, find the detailed salary report of a Banking Advisor.
