The annual salary statistics of personal financial advisors in Raleigh-Cary, North Carolina is shown in Table 1. The wage statistics of personal financial advisors in Raleigh-Cary 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 | $50,490 |
| 25th Percentile Wage | $65,110 |
| 50th Percentile Wage | $101,290 |
| 75th Percentile Wage | $170,800 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for personal financial advisors in Raleigh-Cary, North Carolina in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $170,800. The median (50th percentile) annual salary is $101,290. The average annual salary for the bottom 10 percent earners is $50,490.
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 | $101,290 | 19.79% | 21.13% |
| 2021 | $81,240 | -11.62% | - |
| 2020 | $90,680 | 3.52% | - |
| 2019 | $87,490 | -17.75% | - |
| 2018 | $103,020 | 22.59% | - |
| 2017 | $79,750 | -2.90% | - |
| 2016 | $82,060 | -5.97% | - |
| 2015 | $86,960 | -34.80% | - |
| 2014 | $117,220 | 4.15% | - |
| 2013 | $112,360 | 28.90% | - |
| 2012 | $79,890 | - | - |
From Table 3 we note that with a median annual salary of $101,290, Raleigh-Cary is the second highest paying city for personal financial advisors in state of North Carolina, following the highest paying city Greensboro-High Point (median annual salary of $106,350). Compared with Greensboro-High Point, the median annual salary of personal financial advisors in Raleigh-Cary is 4.8 percent (4.8%) lower.