The annual salary statistics of personal financial advisors in Hartford-West Hartford-East Hartford, Connecticut is shown in Table 1. The wage information of personal financial advisors in Hartford-West Hartford-East Hartford 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 | $48,690 |
| 25th Percentile Wage | $63,050 |
| 50th Percentile Wage | $96,570 |
| 75th Percentile Wage | $139,060 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for personal financial advisors in Hartford-West Hartford-East Hartford, Connecticut in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $139,060. The median (50th percentile) annual salary is $96,570. The average annual salary for the bottom 10 percent earners is $48,690.
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 | $96,570 | 15.70% | 18.83% |
| 2021 | $81,410 | 3.75% | - |
| 2020 | $78,360 | -25.50% | - |
| 2019 | $98,340 | -0.73% | - |
| 2018 | $99,060 | -1.82% | - |
| 2017 | $100,860 | 5.24% | - |
| 2016 | $95,570 | 10.00% | - |
| 2015 | $86,010 | -26.61% | - |
| 2014 | $108,900 | 17.18% | - |
| 2013 | $90,190 | 13.08% | - |
| 2012 | $78,390 | - | - |
From Table 3 we note that the median annual salary of $96,570 in Hartford-West Hartford-East Hartford is in the middle of salary range for personal financial advisors in state of Connecticut. In comparison, the annual salary of personal financial advisors in Hartford-West Hartford-East Hartford is 16.4 percent (16.4%) lower than that in the highest paying Bridgeport-Stamford-Norwalk and 16.3 percent (16.3%) higher than that in the lowest paying New Haven.
| Cities/Areas | Median Annual Salary |
|---|---|
| Bridgeport-Stamford-Norwalk | |
| Northwestern Connecticut nonmetropolitan area | |
| Hartford-West Hartford-East Hartford | |
| Waterbury | |
| Danbury | |
| New Haven |