Financial Advisor Hourly Pay in Ypsilanti, MI: $40.70 (2026)
Quick Answer:Hourly pay for a financial advisor working in Ypsilanti, MI runs $40.70 at the median for 2026 — annualizing to $84,647 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Ypsilanti's regional price level (BEA RPP 93.2, 7% below national), each hour of work buys what $43.67 nationally would. A 24-hour part-time schedule grosses $50,794 per year.
Based on BLS state-level estimates · View source
In Ypsilanti, Michigan, financial advisors earn a median hourly rate of $40.70, which is notably lower than the national median of $52.18. This difference indicates a regional variance that can affect professionals working in diverse settings such as wirehouse branch offices, registered investment advisor (RIA) conference rooms, and insurance agency offices. Advisors in Ypsilanti can expect to see hourly pay ranging from $23.60 for entry-level positions to as high as $63.07 for seasoned professionals. This hourly rate framework makes the role accessible to part-time and per-diem workers, who may seek flexible schedules across various environments, including remote meetings or client visits in homes or offices. While overall earnings will depend on client load and experience, the established hourly rates provide insight into the financial advisor compensation landscape within the region.
About the Ypsilanti 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) | $23.60 | $188.83 |
| Lower Range (P25) | $29.47 | $235.77 |
| Median (P50) | $40.70 | $325.60 |
| Upper Range (P75) | $52.09 | $416.75 |
| Top Earners (P90) | $63.07 | $504.60 |
Estimated Annual Income by Work Schedule in Ypsilanti
Based on $40.70/hr median hourly rate · 2026 est.
At $40.70/hr, a financial advisor working full-time (40 hr/wk) in Ypsilanti, MI can expect to earn approximately $84,656 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $48,840. With a cost-of-living index of 93.20 (below the national average), these earnings stretch further in Ypsilanti.
Hourly Rate Calculator
Schedule Comparison in Ypsilanti
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,628.01 | $7,055 | $84,656 |
| Part-Time (24 hrs) | $976.80 | $4,233 | $50,794 |
| Per Diem (16 hrs) | $651.20 | $2,822 | $33,863 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Ypsilanti) | $40.70 |
| 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 Ypsilanti, MI earn a median of $84,647 per year (2026 est.), which is 22.01% lower than the national median of $108,537 and 7.00% below the Michigan state average of $91,018.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $40.70/hr = $50,794/year (purchasing power: $54,500).
Working 40h/week (full-time) = $84,656/year (purchasing power: $90,833).
CoL index: 93.2 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$32.94/hr
2025 BLS Actual
$39.40/hr
2026 Current Est.
$40.70/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Ypsilanti (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $32.94/hr | Actual |
| 2020 | $33.50/hr | Actual |
| 2021 | $35.31/hr | Actual |
| 2022 | $35.77/hr | Actual |
| 2023 | $37.34/hr | Actual |
| 2024 | $40.84/hr | Actual |
| 2025 | $39.40/hr | Actual |
| 2026(current) | $40.70/hr | Estimated |
| 2027 | $42.04/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Ypsilanti grew 19.6% from $32.94/hr (2019) to $39.40/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $42.04/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 Ypsilanti 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 Ypsilanti
For a financial advisor working three days a week, totaling around 24 hours, the annual income can vary considerably based on their hourly pay and the client base they serve. Although many new advisors might start lower on the pay scale, experienced fiduciaries can command significant fees for specialized project-based financial plans, often charging between $3,000 to $15,000 for comprehensive plans or $5,000 to $25,000 annually for retirement plan consulting with small businesses. Salaries can differ significantly across various employer types in Ypsilanti, including wirehouses like Morgan Stanley or independent broker-dealers like LPL Financial. These institutions often provide additional benefits, leading to a trade-off where advisors must decide between a higher hourly rate without health benefits or a lower rate with more job security. To navigate these choices, it is essential for professionals to engage in effective negotiation, specifically tailored to the Ypsilanti market, ensuring they align their compensation expectations with the prevailing financial advisor hourly pay trends in the area.
More salary data for Ypsilanti, 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 Ypsilanti. 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 Ypsilanti 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