Financial Advisor Salary in Mount Pleasant, MI: $84,893 (2026)
Quick Answer:A full-time financial advisor in Mount Pleasant, MI earns a median $84,893/year (≈ $40.81/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Mount Pleasant's price level (7% below national, BEA RPP 93.2), that paycheck buys what $91,087 would nationally. Nominal pay sits 6.7% below the Michigan state average.
Based on BLS state-level estimates · View source
In 2026, the financial advisor salary in Mount Pleasant, MI, is projected to have a median annual income of $84,893. Compared to the national median of $108,537, this figure highlights a local market that operates approximately 21.78% below the national standard. The salary range for financial advisors in the area is notably diverse, with the lower 10th percentile earning about $49,238 and the top 90th percentile reaching up to $131,585. These estimates are based on BLS state-level data and regional cost adjustments, reflecting the economic and employment landscape of Mount Pleasant. As the job market for financial advisors evolves, particularly with the shift toward fee-only fiduciary practices, aspiring professionals may see opportunities in independent advisory roles or partnerships that could enhance their earning potential over time.
About the Mount Pleasant Market
Salary estimated from Michigan average ($98,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $49,238 | $23.68 |
| Lower Range (P25) | $61,776 | $29.70 |
| Median (P50)(typical) | $84,893 | $40.81 |
| Upper Range (P75) | $108,663 | $52.24 |
| Top Earners (P90) | $131,585 | $63.26 |
Median Salary Position
21.78% below the national average
2026 Salary Percentile Distribution in Mount Pleasant
In Mount Pleasant, MI, the financial advisor salary spread from the 10th to 90th percentile is $82,347 (2026 est.). At $84,893, the local median is 21.78% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Mount Pleasant: You'd be in the lower-middle range
How Mount Pleasant Financial Advisor Pay Compares
Mount Pleasant median: $84,893/year (2026)
| Compared To | Median Salary | Mount Pleasant Pays |
|---|---|---|
| Michigan Average | $90,989 | -6.70% less |
| National Average | $108,537 | -21.78% less |
Financial Advisors in Mount Pleasant, MI earn a median of $84,893 per year (2026 est.), which is 21.78% lower than the national median of $108,537 and 6.70% below the Michigan state average of $90,989.
Cost-of-Living Adjusted Salary
Mount Pleasant has a cost of living 6.80% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Mount Pleasant, MI has a cost-of-living index of 93.2 (below the national average of 100). A financial advisor earning $84,893 nominally has purchasing power equivalent to $91,087 in an average-cost city — an effective 7.3% boost.
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2019 BLS Actual
$68,712
2025 BLS Actual
$82,181
2026 Current Est.
$84,893
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Mount Pleasant (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $68,712 | Actual |
| 2020 | $69,870 | Actual |
| 2021 | $73,656 | Actual |
| 2022 | $74,610 | Actual |
| 2023 | $77,887 | Actual |
| 2024 | $85,200 | Actual |
| 2025 | $82,181 | Actual |
| 2026(current) | $84,893 | Estimated |
| 2027 | $87,694 | Projected |
Based on 7 years of BLS OEWS data for the Mount Pleasant metropolitan area, the median financial advisor salary grew 19.6% from $68,712 (2019) to $82,181 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $87,694 by 2027 — a total increase of $18,982 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Mount Pleasant 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) | $49,238 – $61,776 |
| 3-5 years (Mid Career) | $61,776 – $84,893 |
| 5+ years (Experienced) | $84,893 – $108,663 |
| 10+ years (Top Earner) | $108,663 – $131,585 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Mount Pleasant
Despite a relatively modest employment level, with only six financial advisors currently working in the Mount Pleasant area, the local job market remains robust for qualified candidates. The cost of living index stands at 93.2, indicating that living expenses are lower than the national average, thereby improving the effective take-home purchasing power for those in this profession. Employers such as independent broker-dealers and regional investment advisory firms tend to offer higher pay, particularly for advisors with significant assets under management (AUM) qualifications or those holding esteemed credentials like CFP or CFA. The variance in salary can be attributed to factors such as client concentration, fee structures, and the transition packages offered by wirehouses. For financial advisors in Mount Pleasant, pursuing an independent practice or building a personal brand may prove advantageous, allowing them to enhance their financial advisor pay through client engagement and a diversified portfolio strategy.
More salary data for Mount Pleasant, 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 $82,181 for financial advisorsin the Mount Pleasant 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
Salary data for Mount Pleasant 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