As of July 01, 2026, the average salary for an Entry Level Financial Advisor in Michigan is $65,630 per year, which breaks down to an hourly rate of $32.
However, an Entry Level Financial Advisor's salary can vary significantly. Here’s a look at the typical salary range:
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Entry Level Financial Advisor Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $72,128 | $6,011 | $1,387 | $35 |
| Average | $65,630 | $5,469 | $1,262 | $32 |
| 25th Percentile | $58,793 | $4,899 | $1,131 | $28 |
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An Entry Level Financial Advisor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of an Entry Level Financial Advisor's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Entry Level Financial Advisor | $64,016 |
| Intermediate Level Entry Level Financial Advisor | $64,206 |
| Senior Level Entry Level Financial Advisor | $66,624 |
| Specialist Level Entry Level Financial Advisor | $69,532 |
| Expert Level Entry Level Financial Advisor | $69,740 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Entry Level Financial Advisors. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Entry Level Financial Advisor roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Edu., Gov't. & Nonprofit, offers compensation 20% above the average. Conversely, Entry Level Financial Advisor positions in Healthcare typically offer lower base pay, as this sector often view Entry Level Financial Advisor as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Edu., Gov't. & Nonprofit | $78,756 | $38.0 | 20% |
Understanding how an Entry Level Financial Advisor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $72,128 | $6,011 | $1,387 | $35 |
| Average | $65,630 | $5,469 | $1,262 | $32 |
| 25th Percentile | $58,793 | $4,899 | $1,131 | $28 |
Ready to take the next step in your career? Browse thousands of current Entry Level Financial Advisor job openings on our job board. Use the search bar below to find your perfect match.
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