The annual salary statistics of personal financial advisors in Louisville-Jefferson County, Kentucky is shown in Table 1. The wage data of personal financial advisors in Louisville-Jefferson County 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 | $46,610 |
| 25th Percentile Wage | $60,250 |
| 50th Percentile Wage | $83,490 |
| 75th Percentile Wage | $169,580 |
| 90th Percentile Wage | $205,870 |
Table 1 shows the average annual salary for personal financial advisors in Louisville-Jefferson County, Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $205,870. The median (50th percentile) annual salary is $83,490. The average annual salary for the bottom 10 percent earners is $46,610.
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 | $83,490 | -13.87% | 24.58% |
| 2021 | $95,070 | 4.33% | - |
| 2020 | $90,950 | 4.41% | - |
| 2019 | $86,940 | 24.61% | - |
| 2018 | $65,540 | -1.88% | - |
| 2017 | $66,770 | -5.57% | - |
| 2016 | $70,490 | 14.88% | - |
| 2015 | $60,000 | 12.95% | - |
| 2014 | $52,230 | 9.76% | - |
| 2013 | $47,130 | -33.61% | - |
| 2012 | $62,970 | - | - |
From Table 3 we note that with a median annual salary of $83,490, Louisville-Jefferson County is the highest paying city for personal financial advisors in state of Kentucky, followed by Elizabethtown (median annual salary $78,190). In comparison, the median annual salary of personal financial advisors in Louisville-Jefferson County is 6.3 percent (6.3%) higher than that in Elizabethtown.
| Cities/Areas | Median Annual Salary |
|---|---|
| Louisville-Jefferson County | |
| Elizabethtown | |
| Lexington-Fayette | |
| South Central Kentucky nonmetropolitan area | |
| West Kentucky nonmetropolitan area | |
| West Central Kentucky nonmetropolitan area | |
| Owensboro | |
| Bowling Green | |
| Evansville | |
| East Kentucky nonmetropolitan area |