The annual salary statistics of personal financial advisors in Champaign-Urbana, Illinois is shown in Table 1. The wage statistics of personal financial advisors in Champaign-Urbana 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 | $43,200 |
| 25th Percentile Wage | $56,450 |
| 50th Percentile Wage | $81,190 |
| 75th Percentile Wage | $139,200 |
| 90th Percentile Wage | $225,690 |
Table 1 shows the average annual salary for personal financial advisors in Champaign-Urbana, Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $225,690. The median (50th percentile) annual salary is $81,190. The average annual salary for the bottom 10 percent earners is $43,200.
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 | $81,190 | -13.22% | 17.23% |
| 2021 | $91,920 | 12.96% | - |
| 2020 | $80,010 | 4.55% | - |
| 2019 | $76,370 | 8.03% | - |
| 2018 | $70,240 | 12.57% | - |
| 2017 | $61,410 | 6.94% | - |
| 2016 | $57,150 | -8.00% | - |
| 2015 | $61,720 | -6.85% | - |
| 2014 | $65,950 | 1.67% | - |
| 2013 | $64,850 | -3.62% | - |
| 2012 | $67,200 | - | - |
From Table 3 we note that the median annual salary of $81,190 in Champaign-Urbana is in the middle of salary range for personal financial advisors in state of Illinois. In comparison, the annual salary of personal financial advisors in Champaign-Urbana is 6.3 percent (6.3%) lower than that in the highest paying Chicago-Joliet-Naperville (IL Metropolitan Division) and 46.1 percent (46.1%) higher than that in the lowest paying Bloomington-Normal.