The annual salary statistics of personal financial advisors in Los Angeles-Long Beach-Anaheim, California is shown in Table 1. The wage information of personal financial advisors in Los Angeles-Long Beach-Anaheim 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 | $58,720 |
| 25th Percentile Wage | $70,840 |
| 50th Percentile Wage | $95,480 |
| 75th Percentile Wage | $136,060 |
| 90th Percentile Wage | $224,580 |
Table 1 shows the average annual salary for personal financial advisors in Los Angeles-Long Beach-Anaheim, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $224,580. The median (50th percentile) annual salary is $95,480. The average annual salary for the bottom 10 percent earners is $58,720.
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 | $95,480 | -0.42% | -1.35% |
| 2021 | $95,880 | 18.56% | - |
| 2020 | $78,080 | 6.71% | - |
| 2019 | $72,840 | -10.74% | - |
| 2018 | $80,660 | -16.12% | - |
| 2017 | $93,660 | -3.32% | - |
| 2016 | $96,770 | 3.60% | - |
| 2015 | $93,290 | -3.73% | - |
| 2012 | $96,770 | - | - |
From Table 3 we note that the median annual salary of $95,480 in Los Angeles-Long Beach-Anaheim 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 Los Angeles-Long Beach-Anaheim is 36.2 percent (36.2%) lower than that in the highest paying San Francisco-San Mateo-Redwood City and 23.6 percent (23.6%) higher than that in the lowest paying Chico.