Financial Advisor Salary in Jackson, MI: $115,686 (2026)
Quick Answer:A full-time financial advisor in Jackson, MI earns a median $115,686/year (≈ $55.62/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Jackson's price level (8% below national, BEA RPP 91.8), that paycheck buys what $126,048 would nationally. Nominal pay sits 27.1% above the Michigan state average.
Official BLS data · View source
Financial advisors in Jackson, MI, command an impressive median annual salary of $115,686, which is notably higher than the national average of $108,537. This compensation reflects the growing demand for fiduciary fee-only models, especially as clients increasingly seek certified financial planners (CFPs) who prioritize their best interests. Salaries for financial advisors range from $46,237 at the lower end (P10) to a remarkable $361,953 at the higher end (P90), demonstrating a diverse financial advisor pay landscape. These figures are derived from 2025 BLS OEWS data, projected to 2026, and illustrate the local market's strength in the face of evolving industry trends. With a total of 40 financial advisors working in Jackson, the market appears stable, with opportunities for growth in a profession that has seen significant changes and adaptations.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $46,237 | $22.23 |
| Lower Range (P25) | $64,191 | $30.87 |
| Median (P50)(typical) | $115,686 | $55.62 |
| Upper Range (P75) | $174,453 | $83.87 |
| Top Earners (P90) | $361,953 | $174.02 |
Median Salary Position
6.59% above the national average
2026 Salary Percentile Distribution in Jackson
In Jackson, MI, the financial advisor salary spread from the 10th to 90th percentile is $315,716 (2026 est.). At $115,686, the local median is 6.59% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Jackson: You'd be in the entry-level range
How Jackson Financial Advisor Pay Compares
Jackson median: $115,686/year (2026)
| Compared To | Median Salary | Jackson Pays |
|---|---|---|
| Michigan Average | $91,019 | +27.10% more |
| National Average | $108,537 | +6.59% more |
Financial Advisors in Jackson, MI earn a median of $115,686 per year (2026 est.), which is 6.59% higher than the national median of $108,537 and 27.10% above the Michigan state average of $91,019.
Cost-of-Living Adjusted Salary
Jackson has a cost of living 8.22% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Jackson, MI has a cost-of-living index of 91.779 (below the national average of 100). A financial advisor earning $115,686 nominally has purchasing power equivalent to $126,048 in an average-cost city — an effective 8.96% boost.
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2019 BLS Actual
$96,100
2025 BLS Actual
$111,990
2026 Current Est.
$115,686
2019–2027 Growth
+24.4%
Salary Trajectory for Financial Advisors in Jackson (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $96,100 | Actual |
| 2020 | $103,420 | Actual |
| 2021 | $77,500 | Actual |
| 2022 | $78,160 | Actual |
| 2023 | $96,130 | Actual |
| 2024 | $96,950 | Actual |
| 2025 | $111,990 | Actual |
| 2026(current) | $115,686 | Estimated |
| 2027 | $119,503 | Projected |
Based on 7 years of BLS OEWS data for the Jackson metropolitan area, the median financial advisor salary grew 16.5% from $96,100 (2019) to $111,990 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $119,503 by 2027 — a total increase of $23,403 (24.35%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Jackson 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $46,237 – $64,191 |
| 3-5 years (Mid Career) | $64,191 – $115,686 |
| 5+ years (Experienced) | $115,686 – $174,453 |
| 10+ years (Top Earner) | $174,453 – $361,953 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Jackson
In Jackson, the cost of living index stands at 91.779, making it more affordable for residents while enhancing the purchasing power of the solid financial advisor salary in Jackson. Employers that tend to offer the highest salaries include large wirehouses like Morgan Stanley and UBS, as well as independent registered investment advisors (RIAs) that focus on fee-only models. The variation in salaries often arises from factors such as assets under management (AUM), client concentration, and the types of financial services offered. In this region, financial advisors can maximize earnings by pursuing credentials like the CFP or CFA, which are increasingly valued by clients, particularly among high-net-worth individuals. Additionally, understanding the dynamics between commission-based compensation at wirehouses and the AUM fee model prevalent in RIAs can play a pivotal role in a financial advisor's strategic career decisions in Jackson, MI.
More salary data for Jackson, 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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $111,990 for financial advisorsin the Jackson metropolitan area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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