Financial Advisor Hourly Pay in East Lansing, MI: $42.46 (2026)
Quick Answer:Hourly pay for a financial advisor working in East Lansing, MI runs $42.46 at the median for 2026 — annualizing to $88,313 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against East Lansing's regional price level (BEA RPP 93.2, 7% below national), each hour of work buys what $45.55 nationally would. A 24-hour part-time schedule grosses $52,985 per year.
Based on BLS state-level estimates · View source
In East Lansing, the financial advisor hourly pay is projected to reach $42.46 in 2026, which is significantly below the national average of $52.18. This disparity highlights the local market dynamics, where advisors typically work in diverse settings such as wirehouse branch offices, registered investment advisory (RIA) firms, or private client banking suites. For part-time financial advisors, working three days a week might yield a usable income that aligns more closely with local living costs. The hourly pay range runs from $24.63 for entry-level positions to $65.81 for seasoned professionals, illustrating the potential for earnings variation based on experience and clientele. These figures reflect estimates derived from annual salary data and can help prospective advisors gauge their earning potential as they enter the East Lansing financial planning landscape.
About the East Lansing Market
Salary estimated from Michigan average ($98,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $24.63 | $197.01 |
| Lower Range (P25) | $30.57 | $244.53 |
| Median (P50) | $42.46 | $339.65 |
| Upper Range (P75) | $54.35 | $434.77 |
| Top Earners (P90) | $65.81 | $526.50 |
Estimated Annual Income by Work Schedule in East Lansing
Based on $42.46/hr median hourly rate · 2026 est.
At $42.46/hr, a financial advisor working full-time (40 hr/wk) in East Lansing, MI can expect to earn approximately $88,309 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $50,948. With a cost-of-living index of 93.20 (below the national average), these earnings stretch further in East Lansing.
Hourly Rate Calculator
Schedule Comparison in East Lansing
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,698.25 | $7,359 | $88,309 |
| Part-Time (24 hrs) | $1,018.95 | $4,415 | $52,985 |
| Per Diem (16 hrs) | $679.30 | $2,944 | $35,324 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (East Lansing) | $42.46 |
| Financial Analyst (National Avg) | $47.61 |
| Accountant / Auditor (National Avg) | $39.88 |
| Insurance Sales Agent (National Avg) | $29.02 |
| Securities / Commodities Sales Agent (National Avg) | $35.30 |
Financial Advisors in East Lansing, MI earn a median of $88,313 per year (2026 est.), which is 18.63% lower than the national median of $108,537 and 3.00% below the Michigan state average of $91,045.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $42.46/hr = $52,985/year (purchasing power: $56,851).
Working 40h/week (full-time) = $88,309/year (purchasing power: $94,752).
CoL index: 93.2 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$34.36/hr
2025 BLS Actual
$41.10/hr
2026 Current Est.
$42.46/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in East Lansing (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $34.36/hr | Actual |
| 2020 | $34.94/hr | Actual |
| 2021 | $36.84/hr | Actual |
| 2022 | $37.31/hr | Actual |
| 2023 | $38.95/hr | Actual |
| 2024 | $42.23/hr | Actual |
| 2025 | $41.10/hr | Actual |
| 2026(current) | $42.46/hr | Estimated |
| 2027 | $43.86/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in East Lansing grew 19.6% from $34.36/hr (2019) to $41.10/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $43.86/hr by 2027. Part-time and per-diem financial advisors can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the East Lansing 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.
Working as an Hourly Financial Advisor in East Lansing
Evaluating the financial realities of being a part-time advisor in East Lansing reveals that those working 24 hours a week could realistically take home around $50,800 annually, compared to a full-time advisor’s earnings. The per diem financial advisor pay in East Lansing is less common for junior advisors; however, seasoned fiduciaries may charge substantial fees for project-based work, with comprehensive financial plans ranging from $3,000 to $15,000 per engagement. In addition, small businesses may offer consulting contracts that bring in annual retainers ranging from $5,000 to $25,000. Hourly rates can vary depending on the employer type, with wirehouses often offering lower rates due to their employee structures compared to independent RIAs, which typically charge higher fees in exchange for less benefit administration. As such, advisors must weigh the trade-offs between higher hourly rates and the benefits associated with certain positions. Negotiation skills are crucial in this environment, as navigating discussions around rates can lead to better compensation arrangements for those entering the financial advisor role in MI.
More salary data for East Lansing, MI:
Frequently Asked Questions
What is the hourly rate for financial advisors in East Lansing in 2026?
How much do part-time financial advisors make in East Lansing?
Are financial advisors in East Lansing paid hourly or salary?
How much does a full-time financial advisor make per year in East Lansing?
Do financial advisors earn more per hour working part-time in East Lansing?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Michigan
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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for financial advisors in East Lansing. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for East Lansing 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