Financial Advisor Salary in Macomb Township, MI: $90,569 (2026)
Quick Answer:A full-time financial advisor in Macomb Township, MI earns a median $90,569/year (≈ $43.54/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Macomb Township's price level (7% below national, BEA RPP 93.2), that paycheck buys what $97,177 would nationally. Nominal pay sits 0.5% below the Michigan state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Macomb Township, MI, are projected to earn a median salary of $90,569, which falls significantly below the national median of $108,537. The local salary range extends from $52,530 at the lower end to $140,383 at the upper echelon. These figures, derived from 2025 BLS state-level data adjusted for regional price parities, reflect the growing trend toward fee-only fiduciary practices. As more advisors seek certification, particularly the CFP designation, the premium associated with these credentials and the movement towards a fee-based model could redefine compensation dynamics in the coming years. This shift positions Macomb Township’s financial advisory market in a unique context, highlighting both the opportunities and challenges that local advisors may face as the industry evolves.
About the Macomb Township Market
Salary estimated from Michigan average ($98,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $52,530 | $25.26 |
| Lower Range (P25) | $65,210 | $31.35 |
| Median (P50)(typical) | $90,569 | $43.54 |
| Upper Range (P75) | $115,928 | $55.73 |
| Top Earners (P90) | $140,383 | $67.50 |
Median Salary Position
16.55% below the national average
2026 Salary Percentile Distribution in Macomb Township
In Macomb Township, MI, the financial advisor salary spread from the 10th to 90th percentile is $87,853 (2026 est.). At $90,569, the local median is 16.55% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Macomb Township: You'd be in the lower-middle range
How Macomb Township Financial Advisor Pay Compares
Macomb Township median: $90,569/year (2026)
| Compared To | Median Salary | Macomb Township Pays |
|---|---|---|
| Michigan Average | $91,024 | -0.50% less |
| National Average | $108,537 | -16.55% less |
Financial Advisors in Macomb Township, MI earn a median of $90,569 per year (2026 est.), which is 16.55% lower than the national median of $108,537 and 0.50% below the Michigan state average of $91,024.
Cost-of-Living Adjusted Salary
Macomb Township has a cost of living 6.80% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Macomb Township, MI has a cost-of-living index of 93.2 (below the national average of 100). A financial advisor earning $90,569 nominally has purchasing power equivalent to $97,177 in an average-cost city — an effective 7.3% boost.
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2019 BLS Actual
$73,307
2025 BLS Actual
$87,676
2026 Current Est.
$90,569
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Macomb Township (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $73,307 | Actual |
| 2020 | $74,542 | Actual |
| 2021 | $78,580 | Actual |
| 2022 | $79,598 | Actual |
| 2023 | $83,095 | Actual |
| 2024 | $90,896 | Actual |
| 2025 | $87,676 | Actual |
| 2026(current) | $90,569 | Estimated |
| 2027 | $93,558 | Projected |
Based on 7 years of BLS OEWS data for the Macomb Township metropolitan area, the median financial advisor salary grew 19.6% from $73,307 (2019) to $87,676 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $93,558 by 2027 — a total increase of $20,251 (27.62%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Macomb Township metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.30% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $52,530 – $65,210 |
| 3-5 years (Mid Career) | $65,210 – $90,569 |
| 5+ years (Experienced) | $90,569 – $115,928 |
| 10+ years (Top Earner) | $115,928 – $140,383 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Macomb Township
With only 21 financial advisors currently employed in Macomb Township, competition for positions remains moderately low, yet it emphasizes the potential for growth in the local market. The cost of living index stands at 93.2, which means advisors' take-home pay will stretch further than in many higher-cost areas, though it also limits salary expectations. Leading employers in the area include both wirehouses such as Merrill Lynch and independent broker-dealers like Raymond James, which typically offer more competitive compensation packages. The disparity in earnings can often be attributed to various factors, including the advisor's book size, client concentration, and the fee structures employed. To enhance earnings potential, advisors should focus on cultivating high-net-worth (HNW) client relationships and pursuing credentials like the CFP, which can justify higher fees and attract affluent clients.
More salary data for Macomb Township, MI:
Frequently Asked Questions
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Written by Jordan Lee, CFP
Career Analyst
Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $87,676 for financial advisorsin the Macomb Township metropolitan area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Macomb Township is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.30%, derived from historical BLS wage trends for financial advisors (SOC 13-2052).
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov