The annual salary statistics of personal financial advisors in Lakeland-Winter Haven, Florida is shown in Table 1. The wage data of personal financial advisors in Lakeland-Winter Haven 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 | $36,350 |
| 25th Percentile Wage | $45,660 |
| 50th Percentile Wage | $59,990 |
| 75th Percentile Wage | $91,450 |
| 90th Percentile Wage | $166,020 |
Table 1 shows the average annual salary for personal financial advisors in Lakeland-Winter Haven, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $166,020. The median (50th percentile) annual salary is $59,990. The average annual salary for the bottom 10 percent earners is $36,350.
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 | $59,990 | -0.10% | 5.17% |
| 2021 | $60,050 | -31.14% | - |
| 2020 | $78,750 | -0.24% | - |
| 2018 | $78,940 | -17.56% | - |
| 2017 | $92,800 | -16.76% | - |
| 2016 | $108,350 | -7.12% | - |
| 2015 | $116,060 | 26.37% | - |
| 2014 | $85,460 | 14.84% | - |
| 2013 | $72,780 | 21.83% | - |
| 2012 | $56,890 | - | - |
From Table 3 we note that the median annual salary of $59,990 in Lakeland-Winter Haven 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 Lakeland-Winter Haven is 46.5 percent (46.5%) lower than that in the highest paying West Palm Beach-Boca Raton-Boynton Beach and 13.8 percent (13.8%) higher than that in the lowest paying Sebring.