The annual salary statistics of personal financial advisors in Los Angeles-Long Beach-Glendale, California is shown in Table 1. The wage information of personal financial advisors in Los Angeles-Long Beach-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 | $51,560 |
| 25th Percentile Wage | $68,060 |
| 50th Percentile Wage | $96,040 |
| 75th Percentile Wage | $163,500 |
| 90th Percentile Wage | $175,050 |
Table 1 shows the average annual salary for personal financial advisors in Los Angeles-Long Beach-Glendale, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $175,050. The median (50th percentile) annual salary is $96,040. The average annual salary for the bottom 10 percent earners is $51,560.
The table and chart below show the trend of the median salary of personal financial advisors from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $96,040 | -3.82% | 31.67% |
| 2016 | $99,710 | 6.35% | - |
| 2015 | $93,380 | 12.21% | - |
| 2014 | $81,980 | 9.78% | - |
| 2013 | $73,960 | 11.28% | - |
| 2012 | $65,620 | - | - |
From Table 3 we note that the median annual salary of $96,040 in Los Angeles-Long Beach-Glendale 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-Glendale is 35.8 percent (35.8%) lower than that in the highest paying San Francisco-San Mateo-Redwood City and 24.1 percent (24.1%) higher than that in the lowest paying Chico.