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As of August 01, 2026, the average salary for a Financial Sales Representative in Michigan is $94,385 per year, which breaks down to an hourly rate of $45.
However, a Financial Sales Representative's salary can vary significantly. Here’s a look at the typical salary range:
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Financial Sales Representative Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $103,134 | $8,595 | $1,983 | $50 |
| Average | $94,385 | $7,865 | $1,815 | $45 |
| 25th Percentile | $83,176 | $6,931 | $1,600 | $40 |
Quinton Lemanski State Farm Agency - Rochester, MI
Western & Southern Life - Troy, MI
Western & Southern Life - Grand Rapids, MI
Michigan Region - Modern Woodmen of America - Novi, MI
A Financial Sales Representative'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 a Financial Sales Representative'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 |
|---|---|
| Sales Rep... Level Financial Sales Representative | $58,431 |
| Sales Rep... Level Financial Sales Representative | $74,301 |
| Financial... Level Financial Sales Representative | $95,164 |
| Sales Rep... Level Financial Sales Representative | $125,547 |
| Sales Rep... Level Financial Sales Representative | $140,885 |
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 Financial Sales Representatives. 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 Financial Sales Representative roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Energy & Utilities sectors offer the strongest compensation, at 25% above the average. In contrast, Financial Sales Representative positions in Transportation or Retail & Wholesale typically offer lower base pay, as these industries often view Financial Sales Representative as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $117,982 | $57.0 | 25% |
| Energy & Utilities | $113,262 | $54.0 | 20% |
| Pharmaceuticals | $113,262 | $54.0 | 20% |
| Healthcare | $108,543 | $52.0 | 15% |
| Aerospace & Defense | $103,824 | $50.0 | 10% |
Understanding how a Financial Sales Representative'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 | $103,134 | $8,595 | $1,983 | $50 |
| Average | $94,385 | $7,865 | $1,815 | $45 |
| 25th Percentile | $83,176 | $6,931 | $1,600 | $40 |
Ready to take the next step in your career? Browse thousands of current Financial Sales Representative job openings on our job board. Use the search bar below to find your perfect match.
Michigan Region - Modern Woodmen of America
Lansing, MI
Michigan Region - Modern Woodmen of America | Lansing, MI
Job Description. Job Description. Benefits. 401(k). 401(k) matching. Company parties. Dental insurance. Flexible schedule. Health insurance. Training & dev... more
8 Days Ago
Premium Merchant Funding
Southfield, MI
Premium Merchant Funding | Southfield, MI
Summer 2026 Financial Sales Internship. We're not your typical finance company. We're a fast-growing, energetic team, committed to helping small and medium... more
7 Days Ago
Security Credit Union
Waterford, MI
Security Credit Union | Waterford, MI
Job Description. Job Description. Description. General Summary of Duties. Provides quality service to internal and external members’ in-person and over the... more
5 Days Ago
CLH Insurance Agency
Owosso, MI
CLH Insurance Agency | Owosso, MI
Job Description. Job Description. Benefits. Bonus based on performance. Competitive salary. Health insurance. Opportunity for advancement. Paid time off. T... more
5 Days Ago
Michigan First
Ypsilanti, MI
Michigan First | Ypsilanti, MI
Financial Services Representative. This branch is a Retail In-Store branch. These branches are located in Walmart, Meijer, and Kroger stores. Monday - Frid... more
5 Days Ago
Michigan First
Southgate, MI
Michigan First | Southgate, MI
Financial Service Representative. This branch is a Retail In-Store branch. These branches are located in Walmart, Meijer, and Kroger stores. Branch Hours. ... more
6 Days Ago
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