The annual salary statistics of personal financial advisors in North Port-Bradenton-Sarasota, Florida is shown in Table 1. The wage statistics of personal financial advisors in North Port-Bradenton-Sarasota 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 | $38,180 |
| 25th Percentile Wage | $48,360 |
| 50th Percentile Wage | $77,520 |
| 75th Percentile Wage | $121,430 |
| 90th Percentile Wage | $198,750 |
Table 1 shows the average annual salary for personal financial advisors in North Port-Bradenton-Sarasota, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $198,750. The median (50th percentile) annual salary is $77,520. The average annual salary for the bottom 10 percent earners is $38,180.
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 | $77,520 | 17.91% | 14.89% |
| 2021 | $63,640 | -40.56% | - |
| 2020 | $89,450 | -95.22% | - |
| 2019 | $174,620 | 1.59% | - |
| 2018 | $171,840 | 3.82% | - |
| 2017 | $165,270 | 42.24% | - |
| 2016 | $95,460 | 15.25% | - |
| 2015 | $80,900 | 7.65% | - |
| 2014 | $74,710 | 0.79% | - |
| 2013 | $74,120 | 10.98% | - |
| 2012 | $65,980 | - | - |
From Table 3 we note that the median annual salary of $77,520 in North Port-Bradenton-Sarasota 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 North Port-Bradenton-Sarasota is 30.9 percent (30.9%) lower than that in the highest paying West Palm Beach-Boca Raton-Boynton Beach and 33.3 percent (33.3%) higher than that in the lowest paying Sebring.