The annual salary statistics of personal financial advisors in Santa Maria-Santa Barbara, California is shown in Table 1. The wage information of personal financial advisors in Santa Maria-Santa Barbara 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 | $58,210 |
| 25th Percentile Wage | $71,910 |
| 50th Percentile Wage | $108,960 |
| 75th Percentile Wage | $167,970 |
| 90th Percentile Wage | $203,210 |
Table 1 shows the average annual salary for personal financial advisors in Santa Maria-Santa Barbara, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $203,210. The median (50th percentile) annual salary is $108,960. The average annual salary for the bottom 10 percent earners is $58,210.
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 | $108,960 | 5.85% | 11.46% |
| 2021 | $102,590 | -30.43% | - |
| 2020 | $133,810 | -5.38% | - |
| 2019 | $141,010 | 3.23% | - |
| 2018 | $136,450 | 4.60% | - |
| 2017 | $130,180 | 25.89% | - |
| 2016 | $96,470 | 6.96% | - |
| 2015 | $89,760 | -7.48% | - |
| 2012 | $96,470 | - | - |
From Table 3 we note that the median annual salary of $108,960 in Santa Maria-Santa Barbara 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 Maria-Santa Barbara is 27.2 percent (27.2%) lower than that in the highest paying San Francisco-San Mateo-Redwood City and 33.1 percent (33.1%) higher than that in the lowest paying Chico.