Wealth Management Advisor Salaries in Michigan
How Much Does a Wealth Management Advisor Make in Michigan?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Wealth Management Advisor in Michigan is $89,125.
While Salary.com is seeing that Wealth Management Advisor salary in MI can go up to $118,544
or down to $60,909, but most earn between $74,356 and $104,524.
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 Wealth Management Advisor
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Similar Job Salaries to Wealth Management Advisor by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Horizon Bank
Wealth Management Advisor
|
$75,220/yr
|
RANGE: $66,988 - $83,452
|
|
Duggan Wealth Management
Wealth Management Advisor
|
$91,955/yr
|
RANGE: $81,896 - $102,015
|
|
LoVasco Consulting Group
Financial Advisor - Wealth Management
|
$92,297/yr
|
RANGE: $82,200 - $102,394
|
|
Soltis Investment Advisors
Wealth Management Advisor
|
$92,334/yr
|
RANGE: $82,233 - $102,435
|
|
SEQUOIA FINANCIAL GROUP
Wealth Advisor
|
$78,391/yr
|
RANGE: $69,811 - $86,970
|
|
Carson Group
Wealth Advisor
|
$73,733/yr
|
RANGE: $65,664 - $81,803
|
|
Goodwin Recruiting
Wealth Advisor
|
$79,621/yr
|
RANGE: $70,708 - $88,535
|
|
JPMorganChase
J.P. Morgan Wealth Management - Private Client Advisor - Portage, MI
|
$92,553/yr
|
RANGE: $82,647 - $102,460
|
|
JPMorganChase
J.P. Morgan Wealth Management – Private Client Advisor - Benton Harbor, MI
|
$79,285/yr
|
RANGE: $70,826 - $87,744
|
|
Planning Alternatives
Senior Wealth Advisor
|
$109,654/yr
|
RANGE: $98,078 - $121,230
|
Top 10 Highest Paying Cities For Wealth Management 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 Wealth Management 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 Wealth Management Advisor job salaries in Michigan.
Some cities can pay higher salaries for Wealth Management Advisor jobs, which can indicate that there is a large demand for Wealth Management Advisor positions in this city.
The following table shows top 10 cities where the Wealth Management Advisor salary is higher than other cities in Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Wealth Management Advisor salary is $90,981 in Ann Arbor,
which is higher than the national average. There are 6 cities' Wealth Management Advisor salary higher than national average in Michigan.
The average salary for a Wealth Management Advisor in Michigan is $89,125,
but we found that the city with the highest salary for Wealth Management Advisor jobs is Ann Arbor, MI, and it is higher than Canton.
Wealth Management 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 | $90,981 | $7,582 | $1,750 | $44 |
| Canton | $90,836 | $7,570 | $1,747 | $44 |
| Novi | $90,546 | $7,546 | $1,741 | $44 |
| Detroit | $90,510 | $7,543 | $1,741 | $44 |
| Warren | $90,510 | $7,543 | $1,741 | $44 |
| Dearborn | $90,510 | $7,543 | $1,741 | $44 |
| Dearborn Heights | $90,465 | $7,539 | $1,740 | $43 |
| Royal Oak | $90,410 | $7,534 | $1,739 | $43 |
| Westland | $90,383 | $7,532 | $1,738 | $43 |
| Taylor | $90,365 | $7,530 | $1,738 | $43 |
What Does a Wealth Management Advisor Do?
A wealth manager typically refers to a specific kind of financial advisor whose work focuses on topics that concern very wealthy individuals.
Updated October 31, 2021
However, an important element to consider with a wealth manager, or any other financial advisor, is the minimum asset requirement for opening an account.
Updated December 20, 2021
However, you don’t necessarily need to be wealthy to work with a wealth manager, so you may want to consider their services even if you don’t have much to invest. If you need help picking a wealth manager or financial advisor, consider using.
Updated December 20, 2021
Wealth managers may give their clients access to a wider range of investments than regular financial advisors, like hedge funds and private equity offerings.
Updated December 20, 2021
"Wealth Management Unwrapped," a book addressed to investors without endorsing any one firm or strategy.
Updated December 19, 2021
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Explore JobArchitectFrequently Asked Questions About a Wealth Management Advisor Salaries
What is the average of a Wealth Management Advisor in Michigan?
The Wealth Management Advisor salary range is from $74,356 to $104,524, and the average Wealth Management Advisor salary is $89,125/year in Michigan.
The Wealth Management Advisor's salary will change in different locations.
Which location pays the highest Wealth Management Advisor salary in the United States?
The Wealth Management Advisor salary in San Jose, CA is $114,149
which is the highest in the US.
What kinds of reasons will influence the Wealth Management 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 Wealth Management Advisor.
What is the growth rate of the Wealth Management Advisor's salary?
If you are thinking of becoming a Wealth Management Advisor or planning the next step in your career, find the detailed salary report of a Wealth Management Advisor.
