The annual salary statistics of personal financial advisors in Riverside-San Bernardino-Ontario, California is shown in Table 1. The wage information of personal financial advisors in Riverside-San Bernardino-Ontario 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 | $44,860 |
| 25th Percentile Wage | $59,880 |
| 50th Percentile Wage | $74,870 |
| 75th Percentile Wage | $131,650 |
| 90th Percentile Wage | $231,010 |
Table 1 shows the average annual salary for personal financial advisors in Riverside-San Bernardino-Ontario, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $231,010. The median (50th percentile) annual salary is $74,870. The average annual salary for the bottom 10 percent earners is $44,860.
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 | $74,870 | -8.12% | 44.26% |
| 2021 | $80,950 | 13.82% | - |
| 2020 | $69,760 | 7.70% | - |
| 2019 | $64,390 | -3.94% | - |
| 2018 | $66,930 | -38.31% | - |
| 2017 | $92,570 | 6.92% | - |
| 2016 | $86,160 | 16.19% | - |
| 2015 | $72,210 | 14.31% | - |
| 2014 | $61,880 | 5.35% | - |
| 2013 | $58,570 | 28.75% | - |
| 2012 | $41,730 | - | - |
From Table 3 we note that the median annual salary of $74,870 in Riverside-San Bernardino-Ontario 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 Riverside-San Bernardino-Ontario is 50.0 percent (50.0%) lower than that in the highest paying San Francisco-San Mateo-Redwood City and 2.6 percent (2.6%) higher than that in the lowest paying Chico.