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Financial Advisor Salary in Grand Rapids, MI

Updated

The median financial advisor in the Grand Rapids area earns $89,410 a year ($42.99 an hour), 15% below the U.S. median ($105,070) and 15% above the Michigan median ($77,930). Half of the 840 financial advisors there earn between $47,310 and $155,430.

Percentiles. Dark: the middle half of earners. Red line: median. Dashed: U.S. median.
Personal Financial Advisors, May 2025 (latest official data). Metro area: Grand Rapids-Wyoming-Kentwood, MI.
Annual payGrand Rapids areaMichiganU.S.
10th percentile$44,620$44,780$50,190
25th percentile$47,310$49,570$72,440
Median$89,410$77,930$105,070
75th percentile$155,430$138,640$176,790
90th percentile$244,430$288,860$357,020
Average$120,030$121,890$156,670
Jobs8406,570266,800

Grand Rapids, MI ranks 37th for financial advisor pay among the 48 of the 50 largest U.S. metro areas where it is published. Highest: New York, NY ($170,050).

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Sources

U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, www.bls.gov/oes. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.