Financial Advisor Salary in Roseville, MI: $88,648 (2026)
Quick Answer:A full-time financial advisor in Roseville, MI earns a median $88,648/year (≈ $42.62/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Roseville's price level (7% below national, BEA RPP 93.2), that paycheck buys what $95,116 would nationally. Nominal pay sits 2.6% below the Michigan state average.
Based on BLS state-level estimates · View source
In Roseville, MI, a financial advisor can expect a median annual salary of $88,648 in 2026. Compared to the national median of $108,537, this figure reflects the regional differences in pay that often stem from the structural divide between wirehouses and Registered Investment Advisors (RIAs). Financial advisors in wirehouse environments may earn commissions, leading to income variance, while RIAs typically employ an assets under management (AUM) model, which can stabilize and potentially enhance earnings based on client portfolio performance. The salary range for financial advisors in the area extends from $51,416 at the lower tenth percentile to $137,404 at the upper ninetieth percentile, indicating significant income variability based on individual performance and client base, as well as regional economic factors derived from local estimates based on 2025 BLS data.
About the Roseville Market
Salary estimated from Michigan average ($98,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $51,416 | $24.72 |
| Lower Range (P25) | $63,827 | $30.69 |
| Median (P50)(typical) | $88,648 | $42.62 |
| Upper Range (P75) | $113,469 | $54.55 |
| Top Earners (P90) | $137,404 | $66.06 |
Median Salary Position
18.32% below the national average
2026 Salary Percentile Distribution in Roseville
In Roseville, MI, the financial advisor salary spread from the 10th to 90th percentile is $85,988 (2026 est.). At $88,648, the local median is 18.32% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Roseville: You'd be in the lower-middle range
How Roseville Financial Advisor Pay Compares
Roseville median: $88,648/year (2026)
| Compared To | Median Salary | Roseville Pays |
|---|---|---|
| Michigan Average | $91,014 | -2.60% less |
| National Average | $108,537 | -18.32% less |
Financial Advisors in Roseville, MI earn a median of $88,648 per year (2026 est.), which is 18.32% lower than the national median of $108,537 and 2.60% below the Michigan state average of $91,014.
Cost-of-Living Adjusted Salary
Roseville 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.
Roseville, MI has a cost-of-living index of 93.2 (below the national average of 100). A financial advisor earning $88,648 nominally has purchasing power equivalent to $95,116 in an average-cost city — an effective 7.3% boost.
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2019 BLS Actual
$71,752
2025 BLS Actual
$85,816
2026 Current Est.
$88,648
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Roseville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $71,752 | Actual |
| 2020 | $72,960 | Actual |
| 2021 | $76,913 | Actual |
| 2022 | $77,910 | Actual |
| 2023 | $81,332 | Actual |
| 2024 | $88,968 | Actual |
| 2025 | $85,816 | Actual |
| 2026(current) | $88,648 | Estimated |
| 2027 | $91,573 | Projected |
Based on 7 years of BLS OEWS data for the Roseville metropolitan area, the median financial advisor salary grew 19.6% from $71,752 (2019) to $85,816 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $91,573 by 2027 — a total increase of $19,821 (27.62%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Roseville 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) | $51,416 – $63,827 |
| 3-5 years (Mid Career) | $63,827 – $88,648 |
| 5+ years (Experienced) | $88,648 – $113,469 |
| 10+ years (Top Earner) | $113,469 – $137,404 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Roseville
Employers in Roseville impact overall compensation significantly, particularly as the financial services market sees a mix of wirehouses, independent broker-dealers, RIAs, and bank-affiliated wealth management firms. Among the top payers, prominent wirehouses such as Morgan Stanley and Merrill Lynch stand out, yet independent RIA firms are gaining traction as they often offer higher earning potential through fiduciary fee models. The cost of living in Roseville is indexed at 93.2, allowing for better purchasing power compared to the national average. Financial advisors looking to maximize their pay should consider specializing in high-net-worth (HNW) clients, as this demographic typically increases AUM book sizes and, therefore, overall earnings through AUM-based fees. Additionally, acquiring advanced certifications like CFP or CFA may position advisors for higher compensation and partnerships in RIAs, while capitalizing on transition packages from wirehouses could provide significant initial boosts in compensation for those transitioning to independent practices.
More salary data for Roseville, 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 $85,816 for financial advisorsin the Roseville 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 Roseville 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