The annual salary statistics of personal financial advisors in Sebastian-Vero Beach, Florida is shown in Table 1. The wage data of personal financial advisors in Sebastian-Vero 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 | $32,490 |
| 25th Percentile Wage | $35,830 |
| 50th Percentile Wage | $62,330 |
| 75th Percentile Wage | $116,850 |
| 90th Percentile Wage | $214,880 |
Table 1 shows the average annual salary for personal financial advisors in Sebastian-Vero Beach, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $214,880. The median (50th percentile) annual salary is $62,330. The average annual salary for the bottom 10 percent earners is $32,490.
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 | $62,330 | -25.33% | -38.23% |
| 2021 | $78,120 | 60.27% | - |
| 2020 | $31,040 | -94.94% | - |
| 2019 | $60,510 | -40.06% | - |
| 2018 | $84,750 | -6.71% | - |
| 2017 | $90,440 | 4.20% | - |
| 2016 | $86,640 | 0.55% | - |
| 2012 | $86,160 | - | - |
From Table 3 we note that the median annual salary of $62,330 in Sebastian-Vero 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 Sebastian-Vero Beach is 44.4 percent (44.4%) lower than that in the highest paying West Palm Beach-Boca Raton-Boynton Beach and 17.1 percent (17.1%) higher than that in the lowest paying Sebring.