The annual salary statistics of personal financial advisors in Nassau-Suffolk, New York is shown in Table 1. The wage information of personal financial advisors in Nassau-Suffolk 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 | $37,280 |
| 25th Percentile Wage | $56,360 |
| 50th Percentile Wage | $87,030 |
| 75th Percentile Wage | $118,630 |
| 90th Percentile Wage | $157,710 |
Table 1 shows the average annual salary for personal financial advisors in Nassau-Suffolk, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $157,710. The median (50th percentile) annual salary is $87,030. The average annual salary for the bottom 10 percent earners is $37,280.
The table and chart below show the trend of the median salary of personal financial advisors from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $87,030 | -10.40% | -5.61% |
| 2016 | $96,080 | -5.08% | - |
| 2015 | $100,960 | 4.03% | - |
| 2014 | $96,890 | 9.96% | - |
| 2013 | $87,240 | -5.35% | - |
| 2012 | $91,910 | - | - |
From Table 3 we note that the median annual salary of $87,030 in Nassau-Suffolk is in the middle of salary range for personal financial advisors in state of New York. In comparison, the annual salary of personal financial advisors in Nassau-Suffolk is 48.2 percent (48.2%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 15.1 percent (15.1%) higher than that in the lowest paying Syracuse.