The annual salary statistics of personal financial advisors in West Palm Beach-Boca Raton-Boynton Beach, Florida is shown in Table 1. The wage data of personal financial advisors in West Palm Beach-Boca Raton-Boynton 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 | $52,140 |
| 25th Percentile Wage | $80,070 |
| 50th Percentile Wage | $112,180 |
| 75th Percentile Wage | $198,820 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for personal financial advisors in West Palm Beach-Boca Raton-Boynton Beach, Florida in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $198,820. The median (50th percentile) annual salary is $112,180. The average annual salary for the bottom 10 percent earners is $52,140.
The table and chart below show the trend of the median salary of personal financial advisors from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $112,180 | -2.80% | 40.66% |
| 2016 | $115,320 | -3.00% | - |
| 2015 | $118,780 | 24.96% | - |
| 2014 | $89,130 | 14.93% | - |
| 2013 | $75,820 | 12.20% | - |
| 2012 | $66,570 | - | - |
From Table 3 we note that with a median annual salary of $112,180, West Palm Beach-Boca Raton-Boynton Beach is the highest paying city for personal financial advisors in state of Florida, followed by Miami-Miami Beach-Kendall (median annual salary $108,560). In comparison, the median annual salary of personal financial advisors in West Palm Beach-Boca Raton-Boynton Beach is 3.2 percent (3.2%) higher than that in Miami-Miami Beach-Kendall.