The annual salary statistics of personal financial advisors in Kennewick-Pasco-Richland, Washington is shown in Table 1. The wage statistics of personal financial advisors in Kennewick-Pasco-Richland 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 | $48,260 |
| 25th Percentile Wage | $52,480 |
| 50th Percentile Wage | $75,430 |
| 75th Percentile Wage | $152,360 |
| 90th Percentile Wage | $136,750 |
Table 1 shows the average annual salary for personal financial advisors in Kennewick-Pasco-Richland, Washington in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $136,750. The median (50th percentile) annual salary is $75,430. The average annual salary for the bottom 10 percent earners is $48,260.
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 | $75,430 | -34.50% | -28.81% |
| 2021 | $101,450 | 17.77% | - |
| 2020 | $83,420 | 11.27% | - |
| 2019 | $74,020 | 8.97% | - |
| 2017 | $67,380 | -9.88% | - |
| 2016 | $74,040 | 6.89% | - |
| 2015 | $68,940 | -40.93% | - |
| 2012 | $97,160 | - | - |
From Table 3 we note that the median annual salary of $75,430 in Kennewick-Pasco-Richland is in the middle of salary range for personal financial advisors in state of Washington. In comparison, the annual salary of personal financial advisors in Kennewick-Pasco-Richland is 28.0 percent (28.0%) lower than that in the highest paying Portland-Vancouver-Hillsboro and 35.7 percent (35.7%) higher than that in the lowest paying Walla Walla.