Financial Advisor Hourly Pay in Norton Shores, MI: $81.39 (2026)
Quick Answer:Hourly pay for a financial advisor working in Norton Shores, MI runs $81.39 at the median for 2026 — annualizing to $169,295 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Norton Shores's regional price level (BEA RPP 93.2, 7% below national), each hour of work buys what $87.33 nationally would. A 24-hour part-time schedule grosses $101,575 per year.
Based on BLS state-level estimates · View source
Norton Shores, MI offers a competitive financial advisor hourly pay, with a median rate of $81.39. This figure significantly outpaces the national hourly median of $52.18, making it an appealing location for professionals in this field. For part-time financial advisors, who may work three days a week, this rate translates into a meaningful income that allows for flexible scheduling while still earning a substantial hourly wage. The hourly pay range for financial advisors in Norton Shores varies widely, from $47.21 at the lower end to $126.16 for top earners. These rates derive from annual salary estimates and are indicative of the income potential across various work environments, including wirehouse branch offices, registered investment advisor (RIA) firms, and even remote meetings with clients.
About the Norton Shores 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) | $47.21 | $377.66 |
| Lower Range (P25) | $58.60 | $468.82 |
| Median (P50) | $81.39 | $651.12 |
| Upper Range (P75) | $104.18 | $833.42 |
| Top Earners (P90) | $126.16 | $1009.28 |
Estimated Annual Income by Work Schedule in Norton Shores
Based on $81.39/hr median hourly rate · 2026 est.
At $81.39/hr, a financial advisor working full-time (40 hr/wk) in Norton Shores, MI can expect to earn approximately $169,291 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $97,668. With a cost-of-living index of 93.20 (below the national average), these earnings stretch further in Norton Shores.
Hourly Rate Calculator
Schedule Comparison in Norton Shores
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $3,255.60 | $14,108 | $169,291 |
| Part-Time (24 hrs) | $1,953.36 | $8,465 | $101,575 |
| Per Diem (16 hrs) | $1,302.24 | $5,643 | $67,717 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Norton Shores) | $81.39 |
| 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 Norton Shores, MI earn a median of $169,295 per year (2026 est.), which is 55.98% higher than the national median of $108,537 and 86.00% above the Michigan state average of $91,019.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $81.39/hr = $101,575/year (purchasing power: $108,986).
Working 40h/week (full-time) = $169,291/year (purchasing power: $181,643).
CoL index: 93.2 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$65.88/hr
2025 BLS Actual
$78.79/hr
2026 Current Est.
$81.39/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Norton Shores (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $65.88/hr | Actual |
| 2020 | $66.99/hr | Actual |
| 2021 | $70.62/hr | Actual |
| 2022 | $71.53/hr | Actual |
| 2023 | $74.67/hr | Actual |
| 2024 | $42.28/hr | Actual |
| 2025 | $78.79/hr | Actual |
| 2026(current) | $81.39/hr | Estimated |
| 2027 | $84.08/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Norton Shores grew 19.6% from $65.88/hr (2019) to $78.79/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $84.08/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 Norton Shores 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 Norton Shores
Financial advisors working part-time, specifically those logging 24 hours a week, can expect to earn approximately $100,000 annually, a solid income that reflects their expertise while allowing for a balanced work-life schedule. For those engaged in per-diem or consultative roles, the model shifts significantly; experienced fiduciary advisors often charge per-comprehensive financial plan fees ranging from $3,000 to $15,000, translating to a different earning dynamic compared to salaried positions. Analysts should also consider how hourly rates fluctuate based on employer types in Norton Shores. For instance, wirehouses may offer lower hourly pay but provide benefits, while independent firms might yield higher hourly compensation but lack benefits like health insurance. It’s advisable for financial advisors to negotiate effectively for their hourly rates emphasizing their expertise and the specific value they add, especially in a market characterized by the binding forces of commission-based versus fee-only compensation models.
More salary data for Norton Shores, MI:
Frequently Asked Questions
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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 Norton Shores. 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 Norton Shores 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