How much does a Financial Advisor make in Troy, MI?
In Troy, MI, a Financial Advisor can expect to earn a solid income. The average yearly salary stands at $105,915. This position offers a range of earnings, depending on experience and skill level. Most Financial Advisors in Troy earn between $70,495 and $121,609 per year.
Those with more experience and a strong client base can earn even more. The top-earning Financial Advisors in Troy make upwards of $152,277 annually. This high earning potential makes the role attractive for those in the financial industry. It also provides opportunities for growth and advancement.
What are the highest paying cities for a Financial Advisor near Troy, MI?

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Farmington Hills, MI
Average Salary: $115,800
Working as a financial professional in Farmington Hills offers a dynamic environment with many growth opportunities. The city has several leading financial firms, including JP Morgan and Fidelity, where experts thrive.
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Sterling Heights, MI
Average Salary: $104,558
In Sterling Heights, professionals benefit from a thriving business community. Companies like Bank of America and Edward Jones provide excellent platforms for financial careers.
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Birmingham, MI
Average Salary: $92,085
Birmingham offers a high standard of living and a strong financial sector. Working here means being part of an affluent community, with opportunities at companies like Morgan Stanley and UBS.
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Southfield, MI
Average Salary: $82,675
Southfield boasts a bustling business environment. Professionals can find rewarding positions at firms like Vanguard and Chase, which value expertise and innovation.
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Novi, MI
Average Salary: $74,781
Novi is known for its family-friendly atmosphere and strong financial institutions. Working here means being part of a growing market, with companies like Ameriprise Financial and TIAA offering great opportunities.
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Livonia, MI
Average Salary: $56,075
Livonia provides a balanced lifestyle with a solid financial sector. Professionals can find positions at firms like Ally Financial and Raymond James, enjoying both stability and growth.
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Pontiac, MI
Average Salary: $55,012
Pontiac offers a vibrant community and a robust financial industry. Professionals can work at companies like Citibank and Discover, where they can make a significant impact.
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Dearborn, MI
Average Salary: $53,892
Dearborn is an important center for financial services, with major companies like Ford Motor Credit and Comerica Bank offering diverse career paths.
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Clawson, MI
Average Salary: $52,075
Clawson presents a tight-knit community with a strong financial backbone. Professionals can find rewarding careers at local and national firms, enjoying a mix of stability and opportunity.
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What are the best paying companies for a Financial Advisor in Troy, MI?

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Northwestern Mutual
Average Salary: $138,677
Northwestern Mutual offers rewarding Financial Advisor positions with competitive salaries. They have offices in Troy, MI, and nationwide. They focus on long-term relationships and financial security.
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Financial Services of America
Average Salary: $122,375
Financial Services of America provides opportunities for Financial Advisors in Troy, MI. They aim to help clients achieve their financial goals. Their team works in various locations, offering personal and professional growth.
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Charles Schwab
Average Salary: $76,750
Charles Schwab has Financial Advisor roles with a solid average salary in Troy, MI. They focus on personalized financial services. Their services extend to many areas, providing clients with tailored advice.
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Ameriprise Financial
Average Salary: $76,429
Ameriprise Financial offers Financial Advisor positions in Troy, MI, with a good average salary. They emphasize client success and offer support to help advisors grow. Their presence is felt across multiple locations.
What are the best paying Financial Advisor related jobs in Troy, MI?

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Portfolio Manager
Average Salary: $161,917
Portfolio managers analyze and manage investment portfolios. They work with clients and financial firms, such as Fidelity Investments and JPMorgan Chase, to ensure investments meet clients' needs. They need strong analytical skills and a deep understanding of market trends.
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Underwriter
Average Salary: $114,866
Underwriters assess the risk of insurance policies and investments. They evaluate potential clients and decide whether to offer coverage. Companies such as Allstate and State Farm hire underwriters to manage financial risk. This job requires strong attention to detail and good communication skills.
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Acquisitions Specialist
Average Salary: $112,500
Acquisitions specialists identify and evaluate potential companies for acquisition. They work with firms like General Motors and Ford to manage mergers and acquisitions. This role needs analytical skills and an understanding of financial markets. It plays a crucial role in growing businesses.
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Investment Banker
Average Salary: $81,143
Investment bankers advise clients on financial matters. They help with mergers, acquisitions, and initial public offerings. Firms like Goldman Sachs and Morgan Stanley hire investment bankers. This job involves complex financial analysis and strong client relationship skills.
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Analyst
Average Salary: $73,638
Analysts gather and interpret data to inform business decisions. They work with companies such as Deloitte and PricewaterhouseCoopers. Analysts need to be detail-oriented and able to communicate their findings clearly. They help businesses make informed financial choices.
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Wealth Management Advisor
Average Salary: $71,122
Wealth management advisors help clients manage their investments. They work with firms like Edward Jones and UBS. They need to understand clients' financial goals and create plans to meet them. This role requires strong interpersonal skills and financial knowledge.
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Risk Specialist
Average Salary: $56,310
Risk specialists identify and manage financial risks. They work with companies like American Express and Visa. This role involves analyzing data to predict potential risks and developing strategies to mitigate them. It requires strong analytical skills and attention to detail.
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Personal Banker
Average Salary: $48,172
Personal bankers help clients with their financial needs. They work at banks like Chase and Bank of America. They need to understand clients' financial goals and offer suitable banking products. This role requires strong communication skills and a customer-focused approach.
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Financial Assistant
Average Salary: $45,400
Financial assistants support the preparation of financial documents. They work for companies like KPMG and Ernst & Young. They need to be detail-oriented and organized. This role involves tasks like data entry and assisting with financial reports.
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Bank Consultant
Average Salary: $41,962
Bank consultants advise banks on financial strategies. They work with firms like Accenture and PwC. They need to understand financial markets and offer strategic advice. This role involves analyzing data and providing recommendations to improve financial performance.
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