The annual salary statistics of personal financial advisors in Minneapolis-St Paul-Bloomington, Wisconsin is shown in Table 1. The wage data of personal financial advisors in Minneapolis-St Paul-Bloomington 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 | $50,890 |
| 25th Percentile Wage | $65,210 |
| 50th Percentile Wage | $89,950 |
| 75th Percentile Wage | $164,000 |
| 90th Percentile Wage | $189,930 |
Table 1 shows the average annual salary for personal financial advisors in Minneapolis-St Paul-Bloomington, Wisconsin in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $189,930. The median (50th percentile) annual salary is $89,950. The average annual salary for the bottom 10 percent earners is $50,890.
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 | $89,950 | 10.27% | 34.66% |
| 2021 | $80,710 | -29.59% | - |
| 2020 | $104,590 | 20.67% | - |
| 2019 | $82,970 | 3.15% | - |
| 2018 | $80,360 | -11.08% | - |
| 2017 | $89,260 | -2.92% | - |
| 2016 | $91,870 | -2.31% | - |
| 2015 | $93,990 | 15.73% | - |
| 2014 | $79,210 | 15.93% | - |
| 2013 | $66,590 | 11.74% | - |
| 2012 | $58,770 | - | - |
From Table 3 we note that the median annual salary of $89,950 in Minneapolis-St Paul-Bloomington is in the middle of salary range for personal financial advisors in state of Wisconsin. In comparison, the annual salary of personal financial advisors in Minneapolis-St Paul-Bloomington is 23.2 percent (23.2%) lower than that in the highest paying Oshkosh-Neenah and 47.9 percent (47.9%) higher than that in the lowest paying Northern Wisconsin nonmetropolitan area.