The annual salary statistics of personal financial advisors in Cape Coral-Fort Myers, Florida is shown in Table 1. The wage information of personal financial advisors in Cape Coral-Fort Myers 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 | $46,800 |
| 25th Percentile Wage | $57,950 |
| 50th Percentile Wage | $78,290 |
| 75th Percentile Wage | $147,040 |
| 90th Percentile Wage | $189,090 |
Table 1 shows the average annual salary for personal financial advisors in Cape Coral-Fort Myers, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $189,090. The median (50th percentile) annual salary is $78,290. The average annual salary for the bottom 10 percent earners is $46,800.
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 | $78,290 | 20.44% | 7.69% |
| 2021 | $62,290 | -18.21% | - |
| 2020 | $73,630 | -10.43% | - |
| 2019 | $81,310 | 0.71% | - |
| 2018 | $80,730 | -65.23% | - |
| 2017 | $133,390 | 10.99% | - |
| 2016 | $118,730 | 19.52% | - |
| 2015 | $95,550 | 17.61% | - |
| 2014 | $78,720 | 11.50% | - |
| 2013 | $69,670 | -3.73% | - |
| 2012 | $72,270 | - | - |
From Table 3 we note that the median annual salary of $78,290 in Cape Coral-Fort Myers is in the middle of salary range for personal financial advisors in state of Florida. In comparison, the annual salary of personal financial advisors in Cape Coral-Fort Myers is 30.2 percent (30.2%) lower than that in the highest paying West Palm Beach-Boca Raton-Boynton Beach and 34.0 percent (34.0%) higher than that in the lowest paying Sebring.