The annual salary statistics of personal financial advisors in Fayetteville-Springdale-Rogers, Missouri is shown in Table 1. The wage information of personal financial advisors in Fayetteville-Springdale-Rogers 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 | $30,570 |
| 25th Percentile Wage | $38,650 |
| 50th Percentile Wage | $51,390 |
| 75th Percentile Wage | $117,350 |
| 90th Percentile Wage | $173,610 |
Table 1 shows the average annual salary for personal financial advisors in Fayetteville-Springdale-Rogers, Missouri in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $173,610. The median (50th percentile) annual salary is $51,390. The average annual salary for the bottom 10 percent earners is $30,570.
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 | $51,390 | -30.75% | -136.64% |
| 2021 | $67,190 | 3.07% | - |
| 2020 | $65,130 | 4.74% | - |
| 2019 | $62,040 | 6.67% | - |
| 2018 | $57,900 | -6.61% | - |
| 2017 | $61,730 | -33.40% | - |
| 2016 | $82,350 | 3.80% | - |
| 2015 | $79,220 | -1.79% | - |
| 2014 | $80,640 | 0.22% | - |
| 2013 | $80,460 | -51.14% | - |
| 2012 | $121,610 | - | - |
From Table 3 we note that the median annual salary of $51,390 in Fayetteville-Springdale-Rogers is in the middle of salary range for personal financial advisors in state of Missouri. In comparison, the annual salary of personal financial advisors in Fayetteville-Springdale-Rogers is 59.4 percent (59.4%) lower than that in the highest paying Southwest Missouri nonmetropolitan area and 5.2 percent (5.2%) higher than that in the lowest paying Southeast Missouri nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Southwest Missouri nonmetropolitan area | |
| Cape Girardeau-Jackson | |
| St Louis | |
| Kansas City | |
| Jefferson City | |
| Columbia | |
| St Joseph | |
| Central Missouri nonmetropolitan area | |
| North Missouri nonmetropolitan area | |
| Springfield | |
| Joplin | |
| Fayetteville-Springdale-Rogers | |
| Southeast Missouri nonmetropolitan area |