Private Wealth Manager Salaries in Michigan
How Much Does a Private Wealth Manager Make in Michigan?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Private Wealth Manager in Michigan is $82,760.
While Salary.com is seeing that Private Wealth Manager salary in MI can go up to $157,885
or down to $44,381, but most earn between $62,671 and $122,083.
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 Private Wealth Manager
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Similar Job Salaries to Private Wealth Manager by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Moomoo SG
Sales Director (PW), Private Wealth & Institutional Business
|
$117,621/yr
|
RANGE: $105,375 - $129,866
|
|
PNC Financial Services Group
Senior Wealth Strategist - PNC Private Bank
|
$78,217/yr
|
RANGE: $69,524 - $86,911
|
|
Lifetime Recruiting Strategies
Private Wealth Manager
|
$96,667/yr
|
RANGE: $86,760 - $106,573
|
|
International Search Consultants
Private Wealth Manager
|
$123,178/yr
|
RANGE: $110,519 - $135,838
|
|
Bank of America
Private Wealth Relationship Manager
|
$117,518/yr
|
RANGE: $103,895 - $131,141
|
|
Baker Tilly
Tax Manager, Private Wealth
|
$114,926/yr
|
RANGE: $106,003 - $123,848
|
|
CIBC National Trust Company
Relationship Manager - Private Wealth
|
$112,088/yr
|
RANGE: $100,437 - $123,738
|
|
CIBC
Relationship Manager - Private Wealth
|
$112,088/yr
|
RANGE: $100,437 - $123,738
|
Top 10 Highest Paying Cities For Private Wealth Manager Jobs in Michigan
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Private Wealth Manager can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Private Wealth Manager job salaries in Michigan.
Some cities can pay higher salaries for Private Wealth Manager jobs, which can indicate that there is a large demand for Private Wealth Manager positions in this city.
The following table shows top 10 cities where the Private Wealth Manager salary is higher than other cities in Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Private Wealth Manager salary is $84,482 in Ann Arbor,
which is higher than the national average. There are 6 cities' Private Wealth Manager salary higher than national average in Michigan.
The average salary for a Private Wealth Manager in Michigan is $82,760,
but we found that the city with the highest salary for Private Wealth Manager jobs is Ann Arbor, MI, and it is higher than Canton.
Private Wealth Manager 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 | $84,482 | $7,040 | $1,625 | $41 |
| Canton | $84,348 | $7,029 | $1,622 | $41 |
| Novi | $84,079 | $7,007 | $1,617 | $40 |
| Detroit | $84,045 | $7,004 | $1,616 | $40 |
| Warren | $84,045 | $7,004 | $1,616 | $40 |
| Dearborn | $84,045 | $7,004 | $1,616 | $40 |
| Dearborn Heights | $84,003 | $7,000 | $1,615 | $40 |
| Royal Oak | $83,953 | $6,996 | $1,614 | $40 |
| Westland | $83,928 | $6,994 | $1,614 | $40 |
| Taylor | $83,911 | $6,993 | $1,614 | $40 |
What Does a Private Wealth Manager Do?
From the financial adviser's perspective, private wealth management is the practice of delivering a full range of financial products and services to clients, so that those clients can achieve specific financial goals.
Updated December 15, 2021
Rather than seek out multiple professionals, you can work with a wealth manager who might coordinate with other experts on your behalf.
Updated November 21, 2021
A small difference in tax can bring huge differences in after-tax earnings, and a private wealth manager who understands tax regulations can help the client choose the most favorable tax combination.
Updated October 31, 2021
Private wealth management services can be provided by banks and large brokerage houses, independent financial advisers, or multi-licensed.
Updated December 22, 2021
So what distinguishes private wealth management from other financial services? Let’s take a closer look.
Updated December 22, 2021
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Explore JobArchitectFrequently Asked Questions About a Private Wealth Manager Salaries
What is the average of a Private Wealth Manager in Michigan?
The Private Wealth Manager salary range is from $62,671 to $122,083, and the average Private Wealth Manager salary is $82,760/year in Michigan.
The Private Wealth Manager's salary will change in different locations.
Which location pays the highest Private Wealth Manager salary in the United States?
The Private Wealth Manager salary in San Jose, CA is $105,996
which is the highest in the US.
What kinds of reasons will influence the Private Wealth Manager'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 Private Wealth Manager.
What is the growth rate of the Private Wealth Manager's salary?
If you are thinking of becoming a Private Wealth Manager or planning the next step in your career, find the detailed salary report of a Private Wealth Manager.
