The annual salary statistics of personal financial advisors in Winston-Salem, North Carolina is shown in Table 1. The wage statistics of personal financial advisors in Winston-Salem 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 | $48,130 |
| 25th Percentile Wage | $65,390 |
| 50th Percentile Wage | $99,250 |
| 75th Percentile Wage | $163,170 |
| 90th Percentile Wage | $215,730 |
Table 1 shows the average annual salary for personal financial advisors in Winston-Salem, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $215,730. The median (50th percentile) annual salary is $99,250. The average annual salary for the bottom 10 percent earners is $48,130.
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 | $99,250 | 20.26% | 23.68% |
| 2021 | $79,140 | 1.38% | - |
| 2020 | $78,050 | 6.52% | - |
| 2019 | $72,960 | -22.92% | - |
| 2018 | $89,680 | 3.01% | - |
| 2017 | $86,980 | -27.14% | - |
| 2016 | $110,590 | 11.41% | - |
| 2015 | $97,970 | 1.33% | - |
| 2014 | $96,670 | 5.90% | - |
| 2013 | $90,970 | 16.73% | - |
| 2012 | $75,750 | - | - |
From Table 3 we note that the median annual salary of $99,250 in Winston-Salem is in the middle of salary range for personal financial advisors in state of North Carolina. In comparison, the annual salary of personal financial advisors in Winston-Salem is 6.7 percent (6.7%) lower than that in the highest paying Greensboro-High Point and 34.7 percent (34.7%) higher than that in the lowest paying Rocky Mount.