The annual salary statistics of personal financial advisors in Utica-Rome, New York is shown in Table 1. The wage data of personal financial advisors in Utica-Rome 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 | $57,880 |
| 25th Percentile Wage | $73,840 |
| 50th Percentile Wage | $109,340 |
| 75th Percentile Wage | $203,700 |
| 90th Percentile Wage | $154,880 |
Table 1 shows the average annual salary for personal financial advisors in Utica-Rome, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $154,880. The median (50th percentile) annual salary is $109,340. The average annual salary for the bottom 10 percent earners is $57,880.
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 | $109,340 | 27.38% | 46.17% |
| 2021 | $79,400 | -44.27% | - |
| 2020 | $114,550 | -1.62% | - |
| 2019 | $116,400 | -29.27% | - |
| 2018 | $150,470 | 5.91% | - |
| 2017 | $141,570 | 59.95% | - |
| 2013 | $56,700 | -3.81% | - |
| 2012 | $58,860 | - | - |
From Table 3 we note that the median annual salary of $109,340 in Utica-Rome 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 Utica-Rome is 34.9 percent (34.9%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 32.4 percent (32.4%) higher than that in the lowest paying Syracuse.