The annual salary statistics of personal financial advisors in Santa Cruz-Watsonville, California is shown in Table 1. The wage information of personal financial advisors in Santa Cruz-Watsonville 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 | $54,420 |
| 25th Percentile Wage | $62,070 |
| 50th Percentile Wage | $99,540 |
| 75th Percentile Wage | $192,800 |
| 90th Percentile Wage | $191,920 |
Table 1 shows the average annual salary for personal financial advisors in Santa Cruz-Watsonville, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $191,920. The median (50th percentile) annual salary is $99,540. The average annual salary for the bottom 10 percent earners is $54,420.
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 | $99,540 | 1.64% | 50.18% |
| 2021 | $97,910 | 26.93% | - |
| 2020 | $71,540 | 5.41% | - |
| 2019 | $67,670 | 7.26% | - |
| 2018 | $62,760 | -27.69% | - |
| 2017 | $80,140 | 1.72% | - |
| 2016 | $78,760 | 0.85% | - |
| 2015 | $78,090 | 9.49% | - |
| 2014 | $70,680 | 17.35% | - |
| 2013 | $58,420 | 15.11% | - |
| 2012 | $49,590 | - | - |
From Table 3 we note that the median annual salary of $99,540 in Santa Cruz-Watsonville 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 Santa Cruz-Watsonville is 33.5 percent (33.5%) lower than that in the highest paying San Francisco-San Mateo-Redwood City and 26.7 percent (26.7%) higher than that in the lowest paying Chico.