Personal Financial Advisor Salary Information in Alabama

The average annual and hourly salaries for personal financial advisors in the state of Alabama are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of personal financial advisors amongst Alabama metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Personal Financial Advisors in Alabama

Percentile BracketAverage Annual Salary
10th Percentile Wage
$38,010
25th Percentile Wage
$52,240
50th Percentile Wage
$82,700
75th Percentile Wage
$160,010
90th Percentile Wage
$176,840

Table 1 shows the average annual salary for personal financial advisors in Alabama in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $176,840. The median (50th percentile) annual salary is $82,700. The average annual salary for the bottom 10 percent is $38,010.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of personal financial advisors from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$82,700
-4.18% 12.55%
2016
$86,160
-2.50% -
2015
$88,310
3.22% -
2014
$85,470
4.17% -
2013
$81,910
11.71% -
2012
$72,320
- -

Table 3. Median Annual Salary of Personal Financial Advisors in Alabama Cities

Table 3 shows the median annual salary of personal financial advisors in some Alabama cities and metropolitan areas. We note that the median annual salary of personal financial advisors in state of Alabama ranges from $65,090 to $167,120. The highest paying area for personal financial advisors in Alabama is Montgomery with a median annual salary of $167,120. The second highest paying city/area in Alabama State is Dothan (mean annual salary $106,130). The lowest paying area is Huntsville with a median annual salary of $65,090.

Cities/Areas Median Annual Salary
Montgomery
$167,120
Dothan
$106,130
Mobile
$94,670
Decatur
$91,270
Florence-Muscle Shoals
$82,380
Birmingham-Hoover
$80,870
Southwest Alabama nonmetropolitan area
$75,780
Tuscaloosa
$73,920
Huntsville
$65,090




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