The annual salary statistics of personal financial advisors in New Orleans-Metairie-Kenner, Louisiana is shown in Table 1. The wage statistics of personal financial advisors in New Orleans-Metairie-Kenner 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 | $47,520 |
| 25th Percentile Wage | $51,880 |
| 50th Percentile Wage | $85,550 |
| 75th Percentile Wage | $117,040 |
| 90th Percentile Wage | $204,410 |
Table 1 shows the average annual salary for personal financial advisors in New Orleans-Metairie-Kenner, Louisiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $204,410. The median (50th percentile) annual salary is $85,550. The average annual salary for the bottom 10 percent earners is $47,520.
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 | $85,550 | -0.05% | 33.21% |
| 2021 | $85,590 | -36.27% | - |
| 2020 | $116,630 | 12.30% | - |
| 2019 | $102,280 | 23.37% | - |
| 2018 | $78,380 | -14.71% | - |
| 2017 | $89,910 | 1.55% | - |
| 2016 | $88,520 | 2.60% | - |
| 2015 | $86,220 | 19.59% | - |
| 2014 | $69,330 | 20.89% | - |
| 2013 | $54,850 | -4.18% | - |
| 2012 | $57,140 | - | - |
From Table 3 we note that with a median annual salary of $85,550, New Orleans-Metairie-Kenner is the highest paying city for personal financial advisors in state of Louisiana, followed by Baton Rouge (median annual salary $67,770). In comparison, the median annual salary of personal financial advisors in New Orleans-Metairie-Kenner is 20.8 percent (20.8%) higher than that in Baton Rouge.
| Cities/Areas | Median Annual Salary |
|---|---|
| New Orleans-Metairie-Kenner | |
| Baton Rouge | |
| Houma-Bayou Cane-Thibodaux | |
| New Iberia nonmetropolitan area | |
| Shreveport-Bossier City | |
| Alexandria | |
| Lafayette | |
| Monroe | |
| Lake Charles | |
| Winnsboro nonmetropolitan area |