How Much Does a Retirement Plan Advisor Make in Michigan?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Retirement Plan Advisor in Michigan is $65,311. While Salary.com is seeing that Retirement Plan Advisor salary in MI can go up to $87,753 or down to $42,591, but most earn between $53,419 and $77,058. 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.
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Similar Job Salaries to Retirement Plan Advisor by Company

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Company average base salary in (usd) range
Guidant Financial
Retirement Plan Operations Specialist
$122,272/yr
$107,592
$136,953
RANGE: $107,592 - $136,953
Empower
Retirement Plan Advisor
$60,882/yr
$51,860
$69,905
RANGE: $51,860 - $69,905
AssuredPartners
Retirement Plan Account Advisor
$65,946/yr
$56,420
$75,472
RANGE: $56,420 - $75,472
CPS, Inc.
Retirement Plan Advisor
$63,121/yr
$53,766
$72,475
RANGE: $53,766 - $72,475
Lensa
Retirement Plan Advisor
$97,108/yr
$80,578
$113,639
RANGE: $80,578 - $113,639
SchoolsFirst Federal Credit Union
Retirement Plan Advisor
$67,212/yr
$58,438
$75,985
RANGE: $58,438 - $75,985

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Top 10 Highest Paying Cities For Retirement Plan 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 Retirement Plan 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 Retirement Plan Advisor job salaries in Michigan. Some cities can pay higher salaries for Retirement Plan Advisor jobs, which can indicate that there is a large demand for Retirement Plan Advisor positions in this city.
The following table shows top 10 cities where the Retirement Plan Advisor salary is higher than other cities in Michigan. Ann Arbor takes first place in this list, followed by Canton, Novi. The Retirement Plan Advisor salary is $67,892 in Ann Arbor, which is higher than the national average. There are 18 cities' Retirement Plan Advisor salary higher than national average in Michigan.
The average salary for a Retirement Plan Advisor in Michigan is $65,311, but we found that the city with the highest salary for Retirement Plan Advisor jobs is Ann Arbor, MI, and it is higher than Canton. Retirement Plan 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 $67,892 $5,658 $1,306 $33
Canton $67,760 $5,647 $1,303 $33
Novi $67,561 $5,630 $1,299 $32
Westland $67,032 $5,586 $1,289 $32
West Bloomfield $66,767 $5,564 $1,284 $32
Detroit $66,701 $5,558 $1,283 $32
Warren $66,701 $5,558 $1,283 $32
Dearborn $66,701 $5,558 $1,283 $32
Waterford $66,701 $5,558 $1,283 $32
Dearborn Heights $66,635 $5,553 $1,281 $32

What Does a Retirement Plan Advisor Do?

We understand many factors are involved in the selection of retirement plan providers and each employer has specific needs and objectives that are important in this decision.
Updated November 13, 2021
Through the Small Market Solution, retirement plan advisors like you are able to offer to smaller clients the same range of services your larger clients expect.
Updated December 22, 2021
In addition to helping employees find the right investment mix, a retirement plan advisor can help them understand how much they need to save now in order to meet future income goals in retirement.
Updated December 15, 2021
With an advisor at your side, you can navigate these waters smoothly and with confidence to create a best practices retirement plan that helps protect you from liability and loss while promoting positive participant outcomes.
Updated December 11, 2021
Investments offered in a retirement plan often receive a great deal of focus from employees and employers alike.
Updated December 10, 2021

Frequently Asked Questions About a Retirement Plan Advisor Salaries

What is the average of a Retirement Plan Advisor in Michigan?

The Retirement Plan Advisor salary range is from $53,419 to $77,058, and the average Retirement Plan Advisor salary is $65,311/year in Michigan. The Retirement Plan Advisor's salary will change in different locations.

Which location pays the highest Retirement Plan Advisor salary in the United States?

The Retirement Plan Advisor salary in San Jose, CA is $83,045 which is the highest in the US.

What kinds of reasons will influence the Retirement Plan 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 Retirement Plan Advisor.

What is the growth rate of the Retirement Plan Advisor's salary?

If you are thinking of becoming a Retirement Plan Advisor or planning the next step in your career, find the detailed salary report of a Retirement Plan Advisor.