The annual salary statistics of personal financial advisors in Houston-Sugar Land-Baytown, Texas is shown in Table 1. The wage information of personal financial advisors in Houston-Sugar Land-Baytown 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 | $32,990 |
| 25th Percentile Wage | $45,470 |
| 50th Percentile Wage | $72,880 |
| 75th Percentile Wage | $132,540 |
| 90th Percentile Wage | $148,800 |
Table 1 shows the average annual salary for personal financial advisors in Houston-Sugar Land-Baytown, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $148,800. The median (50th percentile) annual salary is $72,880. The average annual salary for the bottom 10 percent earners is $32,990.
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 | $72,880 | -14.72% | 3.14% |
| 2021 | $83,610 | 8.64% | - |
| 2020 | $76,390 | -3.36% | - |
| 2019 | $78,960 | 2.68% | - |
| 2018 | $76,840 | 6.23% | - |
| 2017 | $72,050 | -12.35% | - |
| 2016 | $80,950 | 11.51% | - |
| 2015 | $71,630 | -7.18% | - |
| 2014 | $76,770 | 15.87% | - |
| 2013 | $64,590 | -9.29% | - |
| 2012 | $70,590 | - | - |
From Table 3 we note that the median annual salary of $72,880 in Houston-Sugar Land-Baytown 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 Houston-Sugar Land-Baytown is 31.9 percent (31.9%) lower than that in the highest paying Dallas-Plano-Irving and 48.1 percent (48.1%) higher than that in the lowest paying Laredo.