The annual salary statistics of personal financial advisors in Denver-Aurora-Broomfield, Colorado is shown in Table 1. The wage information of personal financial advisors in Denver-Aurora-Broomfield 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 | $52,280 |
| 25th Percentile Wage | $62,860 |
| 50th Percentile Wage | $99,600 |
| 75th Percentile Wage | $144,620 |
| 90th Percentile Wage | $204,510 |
Table 1 shows the average annual salary for personal financial advisors in Denver-Aurora-Broomfield, Colorado in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $204,510. The median (50th percentile) annual salary is $99,600. The average annual salary for the bottom 10 percent earners is $52,280.
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 | $99,600 | 20.55% | 46.53% |
| 2021 | $79,130 | -11.17% | - |
| 2020 | $87,970 | -4.08% | - |
| 2019 | $91,560 | 3.96% | - |
| 2018 | $87,930 | -1.46% | - |
| 2017 | $89,210 | 0.74% | - |
| 2016 | $88,550 | 3.55% | - |
| 2015 | $85,410 | 5.09% | - |
| 2014 | $81,060 | 9.43% | - |
| 2013 | $73,420 | 27.46% | - |
| 2012 | $53,260 | - | - |
From Table 3 we note that the median annual salary of $99,600 in Denver-Aurora-Broomfield is in the middle of salary range for personal financial advisors in state of Colorado. In comparison, the annual salary of personal financial advisors in Denver-Aurora-Broomfield is 20.3 percent (20.3%) lower than that in the highest paying West Colorado nonmetropolitan area and 29.1 percent (29.1%) higher than that in the lowest paying Northcentral Colorado nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| West Colorado nonmetropolitan area | |
| Grand Junction | |
| Colorado Springs | |
| Denver-Aurora-Broomfield | |
| Boulder | |
| Fort Collins-Loveland | |
| Pueblo | |
| Greeley | |
| East and South Colorado nonmetropolitan area | |
| Northcentral Colorado nonmetropolitan area |