Personal Financial Advisor Salary Information in Kentucky

The average annual and hourly salaries for personal financial advisors in the state of Kentucky are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of personal financial advisors amongst Kentucky cities 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 Kentucky

Percentile BracketAverage Annual Salary
10th Percentile Wage
$35,610
25th Percentile Wage
$46,620
50th Percentile Wage
$65,300
75th Percentile Wage
$118,890
90th Percentile Wage
$182,790

Table 1 shows the average annual salary for personal financial advisors in Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $182,790. The median (50th percentile) annual salary is $65,300. The average annual salary for the bottom 10 percent is $35,610.

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
$65,300
-1.75% 16.26%
2016
$66,440
6.07% -
2015
$62,410
17.21% -
2014
$51,670
-5.83% -
2013
$54,680
0.00% -
2012
$54,680
- -

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

Table 3 shows the median annual salary of personal financial advisors in some Kentucky cities and metropolitan areas. We note that the median annual salary of personal financial advisors in state of Kentucky ranges from $43,880 to $89,060. The highest paying area for personal financial advisors in Kentucky is Owensboro with a median annual salary of $89,060. The second highest paying city/area in Kentucky State is East Kentucky nonmetropolitan area (mean annual salary $74,230). The lowest paying area is Bowling Green with a median annual salary of $43,880.

Cities/Areas Median Annual Salary
Owensboro
$89,060
East Kentucky nonmetropolitan area
$74,230
Evansville
$71,890
Louisville-Jefferson County
$66,770
Lexington-Fayette
$63,470
West Kentucky nonmetropolitan area
$53,900
West Central Kentucky nonmetropolitan area
$53,700
South Central Kentucky nonmetropolitan area
$46,960
Bowling Green
$43,880




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