The annual salary statistics of personal financial advisors in Providence-Fall River-Warwick, Rhode Island is shown in Table 1. The wage data of personal financial advisors in Providence-Fall River-Warwick 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 | $63,150 |
| 25th Percentile Wage | $80,070 |
| 50th Percentile Wage | $101,730 |
| 75th Percentile Wage | $165,060 |
| 90th Percentile Wage | $224,990 |
Table 1 shows the average annual salary for personal financial advisors in Providence-Fall River-Warwick, Rhode Island in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $224,990. The median (50th percentile) annual salary is $101,730. The average annual salary for the bottom 10 percent earners is $63,150.
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 | $101,730 | 2.30% | 24.62% |
| 2021 | $99,390 | 5.23% | - |
| 2020 | $94,190 | 5.88% | - |
| 2019 | $88,650 | 8.90% | - |
| 2018 | $80,760 | -0.47% | - |
| 2017 | $81,140 | 5.50% | - |
| 2016 | $76,680 | 6.89% | - |
| 2015 | $71,400 | -7.39% | - |
| 2012 | $76,680 | - | - |
From Table 3 we note that with a median annual salary of $101,730, Providence-Fall River-Warwick is the highest paying city for personal financial advisors in state of Rhode Island, followed by Norwich-New London (median annual salary $87,150). In comparison, the median annual salary of personal financial advisors in Providence-Fall River-Warwick is 14.3 percent (14.3%) higher than that in Norwich-New London.
| Cities/Areas | Median Annual Salary |
|---|---|
| Providence-Fall River-Warwick | |
| Norwich-New London |