Financial Advisor Salary in Grand Rapids, MI

In Grand Rapids, MI, a Financial Advisor earns a competitive salary. On average, they make about $79,140 per year. This figure can vary based on experience and the specific firm they work for. Many advisors find that with more experience, they can earn even higher salaries.

The salary range for Financial Advisors in Grand Rapids can be quite broad. Some earn as little as $35,550, while others can make over $144,595. The top earners often have advanced degrees or certifications, which can help them secure higher-paying positions. Additionally, those who work in larger firms or manage larger portfolios may also see higher earnings.

1. Portage, MI
   Average Salary: $110,531
   In Portage, financial professionals enjoy a blend of community and opportunity. The area is home to several financial institutions, offering diverse roles. Working here means being part of a supportive environment with ample growth potential.
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2. Troy, MI
   Average Salary: $101,983
   Troy offers a vibrant financial sector with many well-known companies. Job seekers can find roles in both large firms and smaller, specialized firms. The city's dynamic economy provides a wealth of opportunities for career advancement.
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3. Holland, MI
   Average Salary: $97,454
   Holland provides a unique mix of small-town charm and financial expertise. The city's growing economy supports a variety of financial roles. Professionals here benefit from a close-knit community and a strong job market.
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4. Southfield, MI
   Average Salary: $87,192
   Southfield is a hub for financial services with many major firms. The city offers diverse job opportunities and a competitive salary. Working here means being part of a thriving financial community with excellent career prospects.
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5. Detroit, MI
   Average Salary: $85,405
   Detroit's financial landscape is rich with opportunities. The city is home to numerous financial institutions and offers a dynamic work environment. Professionals here can expect a challenging yet rewarding career path.
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6. Kalamazoo, MI
   Average Salary: $82,466
   Kalamazoo offers a balanced approach to financial careers. The city's smaller size provides a more intimate work environment. Professionals here enjoy a supportive community and a variety of financial roles.
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7. Ann Arbor, MI
   Average Salary: $75,492
   Ann Arbor is known for its strong educational institutions and a vibrant financial sector. The city offers many opportunities for career growth. Professionals here benefit from a dynamic job market and a supportive community.
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8. Novi, MI
   Average Salary: $74,393
   Novi provides a modern financial environment with many opportunities. The city's growing economy supports a variety of financial roles. Professionals here enjoy a competitive salary and a supportive work culture.
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9. Lansing, MI
   Average Salary: $73,987
   Lansing offers a mix of government and private financial sectors. The city provides a variety of job opportunities. Professionals here benefit from a stable job market and a supportive community.
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10. Muskegon, MI
    Average Salary: $66,905
    Muskegon offers a unique financial landscape with many opportunities. The city's smaller size provides a more intimate work environment. Professionals here enjoy a supportive community and a variety of financial roles.
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1. Northwestern Mutual
   Average Salary: $120,063
   Northwestern Mutual offers rewarding Financial Advisor positions. They provide comprehensive training and support. The company operates nationwide, with a strong presence in Grand Rapids, MI.
   

   
   

2. Deloitte
   Average Salary: $96,144
   Deloitte provides excellent opportunities for Financial Advisors. They focus on client satisfaction and professional growth. Deloitte operates globally, with offices in Grand Rapids, MI.
   

   
   

3. CAPTRUST
   Average Salary: $95,175
   CAPTRUST is known for its supportive work environment. They offer competitive salaries and benefits. The company operates in Grand Rapids, MI, and other key locations.
   

   
   

4. Raymond James
   Average Salary: $78,100
   Raymond James offers diverse roles for Financial Advisors. They emphasize teamwork and client service. The company has a strong presence in Grand Rapids, MI.
   

   
   

5. New York Life
   Average Salary: $73,339
   New York Life provides excellent career growth for Financial Advisors. They offer robust training programs. The company operates in Grand Rapids, MI, and other locations.
   

   
   

6. Bankers Life
   Average Salary: $52,167
   Bankers Life offers stable positions for Financial Advisors. They focus on customer satisfaction and professional development. The company operates in Grand Rapids, MI.
   

   
   

7. Fifth Third Bank
   Average Salary: $44,640
   Fifth Third Bank provides a supportive environment for Financial Advisors. They offer competitive benefits. The company operates in Grand Rapids, MI, and other areas.
   

   
   

8. Trinity Health
   Average Salary: $41,300
   Trinity Health offers rewarding roles for Financial Advisors. They focus on community service and professional growth. The company operates in Grand Rapids, MI.
   

   
   

9. Grand Rapids Community College
   Average Salary: $40,000
   Grand Rapids Community College offers educational opportunities for Financial Advisors. They focus on teaching and community engagement. The college operates in Grand Rapids, MI.
   

   
   

10. Corewell Health
    Average Salary: $37,502
    Corewell Health offers supportive roles for Financial Advisors. They focus on healthcare and community service. The company operates in Grand Rapids, MI.
    

1. Underwriting Consultant
   Average Salary: $160,000
   This role involves assessing risk for insurance companies. Professionals work with clients to determine coverage needs. They analyze financial data and market trends.
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2. Risk Management Manager
   Average Salary: $139,082
   This position focuses on identifying and mitigating risks. Managers develop strategies to protect assets. They work closely with various departments to ensure compliance.
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3. Investment Banker
   Average Salary: $112,600
   Investment bankers help companies raise capital. They advise on mergers and acquisitions. They work with clients to structure deals and manage transactions.
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4. Portfolio Manager
   Average Salary: $107,425
   Portfolio managers oversee investment portfolios. They make strategic decisions to maximize returns. They analyze market trends and client needs to adjust investments.
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5. Wealth Management Advisor
   Average Salary: $106,825
   Advisors help clients manage their wealth. They create personalized financial plans. They provide guidance on investments, retirement, and estate planning.
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6. Underwriter
   Average Salary: $99,744
   Underwriters assess risk for insurance policies. They review applications and determine coverage terms. They work with clients to ensure they get the right protection.
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7. Risk Specialist
   Average Salary: $91,386
   Risk specialists analyze potential risks. They develop plans to mitigate these risks. They work with teams to implement strategies and monitor outcomes.
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8. Analyst
   Average Salary: $77,276
   Analysts gather and interpret data. They provide insights to support decision-making. They work in various sectors, including finance and insurance.
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9. Risk Analyst
   Average Salary: $75,450
   Risk analysts evaluate financial risks. They assess data to identify potential threats. They work with teams to develop risk management strategies.
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10. Acquisitions Specialist
    Average Salary: $74,700
    Acquisitions specialists focus on mergers and acquisitions. They analyze potential targets. They work with teams to structure deals and manage transactions.
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