The annual salary statistics of personal financial advisors in Shreveport-Bossier City, Louisiana is shown in Table 1. The wage data of personal financial advisors in Shreveport-Bossier City 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 | $47,190 |
| 25th Percentile Wage | $52,670 |
| 50th Percentile Wage | $64,390 |
| 75th Percentile Wage | $109,360 |
| 90th Percentile Wage | $195,260 |
Table 1 shows the average annual salary for personal financial advisors in Shreveport-Bossier City, Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $195,260. The median (50th percentile) annual salary is $64,390. The average annual salary for the bottom 10 percent earners is $47,190.
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 | $64,390 | -16.62% | 34.26% |
| 2021 | $75,090 | -7.07% | - |
| 2020 | $80,400 | 46.53% | - |
| 2019 | $42,990 | -14.35% | - |
| 2018 | $49,160 | -0.92% | - |
| 2017 | $49,610 | -28.22% | - |
| 2016 | $63,610 | 5.88% | - |
| 2015 | $59,870 | 0.40% | - |
| 2014 | $59,630 | 7.65% | - |
| 2013 | $55,070 | 23.13% | - |
| 2012 | $42,330 | - | - |
From Table 3 we note that the median annual salary of $64,390 in Shreveport-Bossier City is in the middle of salary range for personal financial advisors in state of Louisiana. In comparison, the annual salary of personal financial advisors in Shreveport-Bossier City is 24.7 percent (24.7%) lower than that in the highest paying New Orleans-Metairie-Kenner and 12.9 percent (12.9%) higher than that in the lowest paying Winnsboro nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| New Orleans-Metairie-Kenner | |
| Baton Rouge | |
| Houma-Bayou Cane-Thibodaux | |
| New Iberia nonmetropolitan area | |
| Shreveport-Bossier City | |
| Alexandria | |
| Lafayette | |
| Monroe | |
| Lake Charles | |
| Winnsboro nonmetropolitan area |