The annual salary statistics of personal financial advisors in Crestview-Fort Walton Beach-Destin, Florida is shown in Table 1. The wage statistics of personal financial advisors in Crestview-Fort Walton Beach-Destin 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 | $35,720 |
| 25th Percentile Wage | $43,090 |
| 50th Percentile Wage | $61,880 |
| 75th Percentile Wage | $114,320 |
| 90th Percentile Wage | $172,010 |
Table 1 shows the average annual salary for personal financial advisors in Crestview-Fort Walton Beach-Destin, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $172,010. The median (50th percentile) annual salary is $61,880. The average annual salary for the bottom 10 percent earners is $35,720.
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 | $61,880 | -2.84% | -17.89% |
| 2021 | $63,640 | 32.53% | - |
| 2020 | $42,940 | -4.49% | - |
| 2019 | $44,870 | -29.04% | - |
| 2018 | $57,900 | -11.40% | - |
| 2017 | $64,500 | -24.47% | - |
| 2016 | $80,280 | -11.16% | - |
| 2015 | $89,240 | 15.54% | - |
| 2014 | $75,370 | 3.21% | - |
| 2012 | $72,950 | - | - |
From Table 3 we note that the median annual salary of $61,880 in Crestview-Fort Walton Beach-Destin 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 Crestview-Fort Walton Beach-Destin is 44.8 percent (44.8%) lower than that in the highest paying West Palm Beach-Boca Raton-Boynton Beach and 16.5 percent (16.5%) higher than that in the lowest paying Sebring.