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How much does a Financial Advisor make in Troy, MI?

The average salary for a Financial Advisor is $111,345 per year in Troy, MI.

Financial Advisors in Troy, MI can expect to earn a competitive salary. On average, these professionals make about $111,345 each year. This figure provides a solid foundation for many who seek to build their careers in financial services. As this role involves a lot of responsibility, it also comes with the potential for higher earnings as experience and expertise grow.


The salary range for Financial Advisors in Troy shows a broad spectrum. At the lower end, some earn around $63,450 annually. At the higher end, top earners can reach up to $162,500 per year. This range highlights the potential for growth. Successful advisors often increase their income through promotions, additional certifications, or by building a larger client base. These are key factors that contribute to higher earnings in this profession.

Financial Advisor jobs in Troy, MI

What are the highest paying cities for a Financial Advisor near Troy, MI?

Financial advisors near Troy, MI, can find top salaries in Sterling Heights. This city offers an average salary of $201,201, making it a prime spot for career growth. Nearby, Farmington Hills also provides competitive pay, with an average of $104,794, ideal for professionals aiming for a balanced income. Other cities like Birmingham and Southfield offer solid financial opportunities. Birmingham provides an average salary of $95,710, while Southfield pays about $82,675. These areas attract advisors seeking stable and rewarding career paths.
Graph displaying highest paying cities salaries for Financial Advisor jobs near Troy, MI, highlighting Sterling Heights, MI with the highest at $201,201 and Clawson, MI with the lowest at $52,075.
  1. Sterling Heights, MI
    Average Salary: $201,201
    In Sterling Heights, opportunities abound in the financial sector. With companies like Fifth Third Bank and Ally Financial, professionals can find roles that offer competitive benefits. The community supports a healthy work-life balance.
    Find Financial Advisor jobs in Sterling Heights, MI


  2. Farmington Hills, MI
    Average Salary: $104,794
    Farmington Hills offers a bustling job market for those in the finance industry. Notable firms like TCF Bank and KeyBank provide various positions. Working here means access to many resources for career growth.
    Find Financial Advisor jobs in Farmington Hills, MI


  3. Birmingham, MI
    Average Salary: $95,710
    Birmingham, known for its upscale atmosphere, is home to prestigious financial firms. Working here can connect you with major banks and investment companies. The city emphasizes professional development and networking opportunities.
    Find Financial Advisor jobs in Birmingham, MI


  4. Southfield, MI
    Average Salary: $82,675
    Southfield offers a dynamic environment for finance professionals. Large companies like Comerica Bank and Guardian Investment Management provide diverse opportunities. The city’s strong financial sector supports continuous learning and growth.
    Find Financial Advisor jobs in Southfield, MI


  5. Novi, MI
    Average Salary: $73,042
    Novi’s growing economy has opened up many jobs in the financial services field. Companies like Ally Financial and DTE Energy offer rewarding careers. The city’s family-friendly environment makes it an attractive place to work.
    Find Financial Advisor jobs in Novi, MI


  6. Dearborn, MI
    Average Salary: $72,400
    Dearborn features a strong job market for finance experts. With firms like Ford Motor Credit and Comerica Bank, there are many options for career advancement. The city's rich cultural diversity adds to the vibrant work atmosphere.
    Find Financial Advisor jobs in Dearborn, MI


  7. Pontiac, MI
    Average Salary: $65,887
    Pontiac offers a range of opportunities in the finance sector. Working for companies like PNC Financial Services and Fifth Third Bank can lead to a fulfilling career. The city’s commitment to education makes it a great place for professional development.
    Find Financial Advisor jobs in Pontiac, MI


  8. Livonia, MI
    Average Salary: $57,660
    Livonia provides a supportive environment for those in finance. Key employers like Huntington Bank and Fifth Third Bank offer robust career paths. The city values community involvement, enriching the workplace experience.
    Find Financial Advisor jobs in Livonia, MI


  9. Clawson, MI
    Average Salary: $52,075
    Clawson, with its small-town feel, has a growing finance industry. Local banks like TCF Bank offer stable positions. Working here means enjoying a close-knit community that supports career growth and personal well-being.
    Find Financial Advisor jobs in Clawson, MI

What are the best paying companies for a Financial Advisor in Troy, MI?

Northwestern Mutual stands out as the top choice for financial advisor jobs in Troy, MI, offering a competitive average salary of $141,035. Financial Services of America also provides attractive compensation at $117,700 on average. Prudential follows closely behind, with financial advisors earning an average of $108,333. Charles Schwab and Ameriprise Financial offer average salaries of $77,875 and $76,429, respectively. These companies present solid opportunities for those seeking a stable and rewarding career in financial advising.
Graph displaying best paying company salaries for Financial Advisor jobs in Troy, MI, highlighting Northwestern Mutual with the highest at $141,035 and Ameriprise Financial with the lowest at $76,429.
  1. Northwestern Mutual
    Average Salary: $141,035
    Northwestern Mutual is a top firm for Financial Advisor jobs in Troy, MI. They offer high pay and excellent benefits. Financial advisors here focus on long-term client relationships and provide personalized financial plans. Northwestern Mutual operates nationally, helping clients with life insurance, retirement plans, and investments.


  2. Financial Services of America
    Average Salary: $117,700
    Financial Services of America is known for its competitive salaries for Financial Advisors. They offer a comprehensive training program and excellent support. Advisors here work on a variety of financial products, helping clients with wealth management and retirement planning. The company has branches across the U.S.


  3. Prudential
    Average Salary: $108,333
    Prudential provides a solid salary for Financial Advisors in Troy, MI. They emphasize client satisfaction and offer extensive training. Advisors here specialize in life insurance, annuities, and retirement plans. Prudential operates globally, with a strong presence in many major markets.


  4. Charles Schwab
    Average Salary: $77,875
    Charles Schwab offers a respectable salary for Financial Advisors. They focus on client-centered services and provide robust support systems. Advisors here manage investment portfolios, retirement plans, and wealth management. Charles Schwab is well-known across the U.S. for its brokerage services.


  5. Ameriprise Financial
    Average Salary: $76,429
    Ameriprise Financial offers a good salary for Financial Advisors in Troy, MI. They offer a strong training program and lots of resources. Advisors here help clients with financial planning, investments, and retirement solutions. Ameriprise Financial has a wide reach, with offices across many U.S. states.

Currently 2,117 Financial Advisor job openings, nationwide.

How's the job market for a Financial Advisor in the US?

Learn what a Financial Advisor does, how to become one, and understand the job outlook. Get simple steps to start your career as a Financial Advisor today.
Position
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Financial Advisor
2,117 Job Openings