The annual salary statistics of personal financial advisors in Beaumont-Port Arthur, Texas is shown in Table 1. The wage data of personal financial advisors in Beaumont-Port Arthur 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 | $38,510 |
| 25th Percentile Wage | $46,550 |
| 50th Percentile Wage | $61,590 |
| 75th Percentile Wage | $129,090 |
| 90th Percentile Wage | $143,670 |
Table 1 shows the average annual salary for personal financial advisors in Beaumont-Port Arthur, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $143,670. The median (50th percentile) annual salary is $61,590. The average annual salary for the bottom 10 percent earners is $38,510.
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 | $61,590 | -25.83% | 6.84% |
| 2021 | $77,500 | 18.90% | - |
| 2020 | $62,850 | -33.62% | - |
| 2019 | $83,980 | 22.35% | - |
| 2018 | $65,210 | -47.42% | - |
| 2017 | $96,130 | 6.51% | - |
| 2016 | $89,870 | 15.89% | - |
| 2015 | $75,590 | -12.20% | - |
| 2014 | $84,810 | 33.37% | - |
| 2013 | $56,510 | -1.54% | - |
| 2012 | $57,380 | - | - |
From Table 3 we note that the median annual salary of $61,590 in Beaumont-Port Arthur is in the middle of salary range for personal financial advisors in state of Texas. In comparison, the annual salary of personal financial advisors in Beaumont-Port Arthur is 42.5 percent (42.5%) lower than that in the highest paying Dallas-Plano-Irving and 38.6 percent (38.6%) higher than that in the lowest paying Laredo.