The annual salary statistics of personal financial advisors in Myrtle Beach-North Myrtle Beach-Conway, South Carolina is shown in Table 1. The wage information of personal financial advisors in Myrtle Beach-North Myrtle Beach-Conway 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 | $37,080 |
| 25th Percentile Wage | $48,100 |
| 50th Percentile Wage | $62,260 |
| 75th Percentile Wage | $124,800 |
| 90th Percentile Wage | $211,980 |
Table 1 shows the average annual salary for personal financial advisors in Myrtle Beach-North Myrtle Beach-Conway, South Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $211,980. The median (50th percentile) annual salary is $62,260. The average annual salary for the bottom 10 percent earners is $37,080.
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 | $62,260 | 5.00% | 18.86% |
| 2021 | $59,150 | -81.30% | - |
| 2020 | $107,240 | -11.91% | - |
| 2019 | $120,010 | 32.65% | - |
| 2018 | $80,830 | -2.85% | - |
| 2017 | $83,130 | 2.30% | - |
| 2016 | $81,220 | 24.81% | - |
| 2015 | $61,070 | 14.62% | - |
| 2014 | $52,140 | 3.55% | - |
| 2013 | $50,290 | -0.46% | - |
| 2012 | $50,520 | - | - |
From Table 3 we note that the median annual salary of $62,260 in Myrtle Beach-North Myrtle Beach-Conway 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 Myrtle Beach-North Myrtle Beach-Conway is 39.8 percent (39.8%) lower than that in the highest paying Charlotte-Gastonia-Rock Hill and 39.8 percent (39.8%) 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 |