Financial Advisor Salary in St. Clair Shores, MI: $90,468 (2026)
Quick Answer:A full-time financial advisor in St. Clair Shores, MI earns a median $90,468/year (≈ $43.49/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in St. Clair Shores's price level (7% below national, BEA RPP 93.2), that paycheck buys what $97,069 would nationally. Nominal pay sits 0.6% below the Michigan state average.
Based on BLS state-level estimates · View source
In St. Clair Shores, MI, financial advisors can anticipate a median annual salary of $90,468 in 2026, signaling the region's competitive compensation landscape. The local salary range extends from $52,471 at the 10th percentile to $140,226 at the 90th percentile, indicating a breadth of opportunities for both emerging and seasoned professionals. These figures, derived from state-level BLS data and adjusted for regional cost factors, demonstrate a market slightly below the national average of $108,537. As financial advisor pay in St. Clair Shores continues to evolve, the growing preference for fee-only fiduciary services reflects broader industry trends towards the Certified Financial Planner (CFP) credential premium, ultimately shaping client expectations.
About the St. Clair Shores Market
Salary estimated from Michigan average ($98,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $52,471 | $25.23 |
| Lower Range (P25) | $65,137 | $31.32 |
| Median (P50)(typical) | $90,468 | $43.49 |
| Upper Range (P75) | $115,799 | $55.67 |
| Top Earners (P90) | $140,226 | $67.41 |
Median Salary Position
16.65% below the national average
2026 Salary Percentile Distribution in St. Clair Shores
In St. Clair Shores, MI, the financial advisor salary spread from the 10th to 90th percentile is $87,755 (2026 est.). At $90,468, the local median is 16.65% below the national median of $108,537.
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At 40 hours/week in St. Clair Shores: You'd be in the lower-middle range
How St. Clair Shores Financial Advisor Pay Compares
St. Clair Shores median: $90,468/year (2026)
| Compared To | Median Salary | St. Clair Shores Pays |
|---|---|---|
| Michigan Average | $91,014 | -0.60% less |
| National Average | $108,537 | -16.65% less |
Financial Advisors in St. Clair Shores, MI earn a median of $90,468 per year (2026 est.), which is 16.65% lower than the national median of $108,537 and 0.60% below the Michigan state average of $91,014.
Cost-of-Living Adjusted Salary
St. Clair Shores 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.
St. Clair Shores, MI has a cost-of-living index of 93.2 (below the national average of 100). A financial advisor earning $90,468 nominally has purchasing power equivalent to $97,069 in an average-cost city — an effective 7.3% boost.
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2019 BLS Actual
$73,225
2025 BLS Actual
$87,578
2026 Current Est.
$90,468
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in St. Clair Shores (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $73,225 | Actual |
| 2020 | $74,458 | Actual |
| 2021 | $78,493 | Actual |
| 2022 | $79,510 | Actual |
| 2023 | $83,002 | Actual |
| 2024 | $90,795 | Actual |
| 2025 | $87,578 | Actual |
| 2026(current) | $90,468 | Estimated |
| 2027 | $93,454 | Projected |
Based on 7 years of BLS OEWS data for the St. Clair Shores metropolitan area, the median financial advisor salary grew 19.6% from $73,225 (2019) to $87,578 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $93,454 by 2027 — a total increase of $20,229 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the St. Clair 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $52,471 – $65,137 |
| 3-5 years (Mid Career) | $65,137 – $90,468 |
| 5+ years (Experienced) | $90,468 – $115,799 |
| 10+ years (Top Earner) | $115,799 – $140,226 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in St. Clair Shores
Among the 13 financial advisors currently employed in St. Clair Shores, the local job market reveals unique compensation patterns influenced by a cost-of-living index of 93.2. This index suggests a favorable take-home purchasing power for advisors compared to other markets. Top-paying employers often include wirehouses like Morgan Stanley and independent broker-dealers such as LPL, while Registered Investment Advisors (RIAs) are gaining traction with competitive fee structures that appeal to high-net-worth clients. The significant variance in pay levels can be attributed to factors such as assets under management (AUM), fee models, and the presence of experienced advisors with vital credentials like CFP or CFA. To enhance earning potential in this market, advisors should consider establishing a robust client base or transitioning towards a fee-only model that aligns with modern fiduciary principles.
More salary data for St. Clair 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
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 $87,578 for financial advisorsin the St. Clair Shores 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 St. Clair 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