The annual salary statistics of personal financial advisors in Miami-Fort Lauderdale-Pompano Beach, Florida is shown in Table 1. The wage data of personal financial advisors in Miami-Fort Lauderdale-Pompano Beach 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 | $46,420 |
| 25th Percentile Wage | $73,650 |
| 50th Percentile Wage | $100,610 |
| 75th Percentile Wage | $174,050 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for personal financial advisors in Miami-Fort Lauderdale-Pompano Beach, Florida in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $174,050. The median (50th percentile) annual salary is $100,610. The average annual salary for the bottom 10 percent earners is $46,420.
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 | $100,610 | 22.05% | 31.92% |
| 2021 | $78,430 | 12.27% | - |
| 2020 | $68,810 | -20.81% | - |
| 2019 | $83,130 | -7.90% | - |
| 2018 | $89,700 | -15.24% | - |
| 2017 | $103,370 | -0.47% | - |
| 2016 | $103,860 | 3.20% | - |
| 2015 | $100,540 | 9.85% | - |
| 2014 | $90,640 | 6.18% | - |
| 2013 | $85,040 | 19.45% | - |
| 2012 | $68,500 | - | - |
From Table 3 we note that the median annual salary of $100,610 in Miami-Fort Lauderdale-Pompano Beach 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 Miami-Fort Lauderdale-Pompano Beach is 10.3 percent (10.3%) lower than that in the highest paying West Palm Beach-Boca Raton-Boynton Beach and 48.6 percent (48.6%) higher than that in the lowest paying Sebring.