The annual salary statistics of personal financial advisors in Bakersfield-Delano, California is shown in Table 1. The wage data of personal financial advisors in Bakersfield-Delano 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 | $45,630 |
| 25th Percentile Wage | $60,480 |
| 50th Percentile Wage | $74,130 |
| 75th Percentile Wage | $116,960 |
| 90th Percentile Wage | $211,160 |
Table 1 shows the average annual salary for personal financial advisors in Bakersfield-Delano, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $211,160. The median (50th percentile) annual salary is $74,130. The average annual salary for the bottom 10 percent earners is $45,630.
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 | $74,130 | 16.13% | 43.18% |
| 2021 | $62,170 | 5.98% | - |
| 2020 | $58,450 | -23.23% | - |
| 2019 | $72,030 | 2.61% | - |
| 2018 | $70,150 | -22.61% | - |
| 2017 | $86,010 | 51.03% | - |
| 2012 | $42,120 | - | - |
From Table 3 we note that the median annual salary of $74,130 in Bakersfield-Delano is in the middle of salary range for personal financial advisors in state of California. In comparison, the annual salary of personal financial advisors in Bakersfield-Delano is 50.5 percent (50.5%) lower than that in the highest paying San Francisco-San Mateo-Redwood City and 1.6 percent (1.6%) higher than that in the lowest paying Chico.