The annual salary statistics of personal financial advisors in Phoenix-Mesa-Glendale, Arizona is shown in Table 1. The wage information of personal financial advisors in Phoenix-Mesa-Glendale is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $38,400 |
| 25th Percentile Wage | $49,410 |
| 50th Percentile Wage | $65,580 |
| 75th Percentile Wage | $103,690 |
| 90th Percentile Wage | $166,310 |
Table 1 shows the average annual salary for personal financial advisors in Phoenix-Mesa-Glendale, Arizona in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $166,310. The median (50th percentile) annual salary is $65,580. The average annual salary for the bottom 10 percent earners is $38,400.
The table and chart below show the trend of the median salary of personal financial advisors from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $65,580 | -2.23% | 15.14% |
| 2021 | $67,040 | -21.82% | - |
| 2020 | $81,670 | 9.81% | - |
| 2019 | $73,660 | -7.14% | - |
| 2018 | $78,920 | 1.48% | - |
| 2017 | $77,750 | -1.89% | - |
| 2016 | $79,220 | 13.86% | - |
| 2015 | $68,240 | 11.61% | - |
| 2014 | $60,320 | 2.27% | - |
| 2013 | $58,950 | 5.60% | - |
| 2012 | $55,650 | - | - |
From Table 3 we note that with a median annual salary of $65,580, Phoenix-Mesa-Glendale is the highest paying city for personal financial advisors in state of Arizona, followed by Flagstaff (median annual salary $63,290). In comparison, the median annual salary of personal financial advisors in Phoenix-Mesa-Glendale is 3.5 percent (3.5%) higher than that in Flagstaff.
| Cities/Areas | Median Annual Salary |
|---|---|
| Phoenix-Mesa-Glendale | |
| Flagstaff | |
| Prescott | |
| Lake Havasu City-Kingman | |
| Tucson | |
| Sierra Vista-Douglas | |
| North Arizona nonmetropolitan area | |
| Yuma | |
| Southeast Arizona nonmetropolitan area |