$72,500
Avg. Salary
Avg. Hourly Rate

Average additional compensation:

$12,500

Bonus

$1,600

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The average pay for a Certified Financial Planner (CFP) in Detroit, Michigan is {{pay}} per hour.

The average pay for a Certified Financial Planner (CFP) in Detroit, Michigan is $72,500 per year.

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50%
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MEDIAN $0.00
10%
$54k
10%
$73k
50%
$87k
90%
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MEDIAN $72,500

Job Description for Certified Financial Planner (CFP)

While many entities provide financial planning assistance to people who want a better handle on their financial situations and goals, a certified financial planner (CFP) can truly be considered a professional in the field. CFPs are only granted this title after passing a grueling certification process which ensures the individual's extensive knowledge of all aspects of the work; these include retirement planning and tax laws and regulations, as well as insurance and investment vehicles. Certified financial planners work with individuals, either under the auspices of a financial institution or in private practice, to help them manage money, income, and expenses.

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Certified Financial Planner (CFP) Tasks
  • Interview individuals or businesses to identify financial goals, concerns, and opportunities.
  • Create agendas, spreadsheets, and meeting materials to discuss investments, savings, and asset allocation.
  • Document and revise financial plans for clients.

About Detroit, Michigan

Wayne County, Michigan
677,124
Male:
319,265 (47.2%)
Female:
357,859 (52.8%)
Detroit (/dᵻˈtrɔɪt/) is the most populous city in the U.S. state of Michigan, the fourth-largest city in the Midwest and the largest city on the United States–Canada border. It is the seat of Wayne County, the most populous county in the state. The municipality of Detroit had a 2015 estimated population of 677,116, making it the 21st-most populous city in the United States. The metropolitan area, known as Metro Detroit, is home to 4.3 million people and lies at the heart of the Great Lakes Megalopolis area, with around 60 million people. Roughly one-half of Michigan's population lives in Metro Detroit alone. The Detroit–Windsor area, a commercial link straddling the Canada–U.S. border, has a total population of about 5.7 million. Detroit is a major port on the Detroit River, a strait that connects the Great Lakes system to the Saint Lawrence Seaway. The Detroit Metropolitan Airport is among the most important hubs...
Detroit:
$25,980
Michigan:
$51,084
$747
Detroit:
$42,600
Michigan:
$137,500
10.9%

Certified Financial Planner (CFP) Job Listings

Key Stats for Certified Financial Planner (CFP)

1-4 years
17%
5-9 years
67%
10-19 years
17%

Years of Experience

1-4 years
17%
5-9 years
67%
10-19 years
17%

Common Health Benefits

medical benefits
Medical: 60%
dental benefits
Dental: 40%
vision benefits
Vision: 40%
no benefits
None: 40%