Traverse City, MI · SOC 13-2052

Personal Financial Advisors in Traverse City

Metro area salary data from the Bureau of Labor Statistics (May 2025)

Share: Post LinkedIn

Median Salary

$88,100

per year in Traverse City

16% below

National Median

$105,070

per year nationally

Hourly Rate

$42.36/hr

median hourly

Employment

130

jobs in Traverse City

BLS metro-level wage data places Personal Financial Advisors pay in Traverse City, MI at a median of $88,100 per year ($42.36/hr/hour), drawn from the OEWS May 2025 release for this Metropolitan Statistical Area. Compared to the national median of $105,070, Traverse City pays 16% below, which typically tracks with a lower local cost of living or smaller specialized-employer cluster. Approximately 130 personal financial advisorss are employed across the Traverse City MSA in SOC 13-2052.

The Traverse City pay distribution spans from $44,730 at the 10th percentile to $209,700 at the 90th — a 4.7× spread that reflects experience tenure, specialization, employer size, and the difference between public-sector, nonprofit, and private-sector compensation inside the metro. The 25th percentile sits at $52,470 and the 75th at $139,930, so half of Traverse City-based personal financial advisorss earn within that middle band.

Metro figures capture where you actually work, not just where you live — which matters for commuters. BLS draws metro boundaries from the OMB MSA definitions, so Traverse City, MI covers the central city plus outlying counties tied to the metro economically. Remember that OEWS wages reflect base pay only: employer-provided health insurance, retirement matches, stock options, signing bonuses, overtime, and tips are excluded and can add 20-40% to real total compensation. Before using this metro median as a negotiation anchor, triangulate against the same occupation's national profile (linked below), its state-wide MI data, and peer-metro comparisons — a median is a starting point, not a ceiling.

Salary Range in Traverse City

Annual Salary Distribution

$44,730$52,470$88,100$139,930$209,700
10th pct25thMedian75th90th pct

10th Percentile

$44,730

25th Percentile

$52,470

Median

$88,100

75th Percentile

$139,930

90th Percentile

$209,700

Top Paying Jobs in Traverse City

Similar Occupations in Traverse City

Other roles inside the Traverse City, MI MSA from the same SOC major group.

Frequently Asked Questions

How much does a Personal Financial Advisors make in Traverse City?
The median annual salary for Personal Financial Advisors in Traverse City, MI is $88,100 ($42.36/hour). The salary range spans from $44,730 at the 10th percentile to $209,700 at the 90th percentile.
Is Traverse City a good place to work as a Personal Financial Advisors?
Personal Financial Advisors in Traverse City, MI earns 16% below the national median of $105,070. There are approximately 130 Personal Financial Advisors jobs in this metro area.

Last updated: May 2025 (BLS OEWS annual release). Source: U.S. Bureau of Labor Statistics, OEWS May 2025.

Verify with BLS →