The annual salary statistics of personal financial advisors in Charleston-North Charleston-Summerville, South Carolina is shown in Table 1. The wage data of personal financial advisors in Charleston-North Charleston-Summerville 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 | $44,980 |
| 25th Percentile Wage | $56,850 |
| 50th Percentile Wage | $63,090 |
| 75th Percentile Wage | $106,770 |
| 90th Percentile Wage | $170,650 |
Table 1 shows the average annual salary for personal financial advisors in Charleston-North Charleston-Summerville, South Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $170,650. The median (50th percentile) annual salary is $63,090. The average annual salary for the bottom 10 percent earners is $44,980.
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 | $63,090 | -22.84% | 0.98% |
| 2021 | $77,500 | 16.81% | - |
| 2020 | $64,470 | 27.55% | - |
| 2019 | $46,710 | -1.99% | - |
| 2018 | $47,640 | -3.46% | - |
| 2017 | $49,290 | -31.26% | - |
| 2016 | $64,700 | 6.38% | - |
| 2015 | $60,570 | 2.10% | - |
| 2014 | $59,300 | 13.17% | - |
| 2013 | $51,490 | -21.32% | - |
| 2012 | $62,470 | - | - |
From Table 3 we note that the median annual salary of $63,090 in Charleston-North Charleston-Summerville is in the middle of salary range for personal financial advisors in state of South Carolina. In comparison, the annual salary of personal financial advisors in Charleston-North Charleston-Summerville is 39.0 percent (39.0%) lower than that in the highest paying Charlotte-Gastonia-Rock Hill and 40.5 percent (40.5%) higher than that in the lowest paying Anderson.
| Cities/Areas | Median Annual Salary |
|---|---|
| Charlotte-Gastonia-Rock Hill | |
| Augusta-Richmond County | |
| Florence | |
| Northeast South Carolina nonmetropolitan area | |
| Columbia | |
| Hilton Head Island-Bluffton-Beaufort | |
| Greenville-Mauldin-Easley | |
| Spartanburg | |
| Charleston-North Charleston-Summerville | |
| Myrtle Beach-North Myrtle Beach-Conway | |
| Upper Savannah South Carolina nonmetropolitan area | |
| Low Country South Carolina nonmetropolitan area | |
| Sumter | |
| Anderson |