Average Personal Financial Advisors Salary in Port St. Lucie, FL
Personal Financial Advisors in Port St. Lucie, FL, command an impressive average annual salary of $160,770, slightly surpassing the national average of $160,360. This parity suggests that while the demand and skill set are valued similarly to the rest of the country, local economic factors and the specific financial landscape of the region contribute to this competitive compensation.
Executive Summary
- Average Salary: $160,770 per year.
- Growth Trend: Salaries have shifted 16.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $241,155.
- Outlook: With a local workforce of 320 Personal Financial Advisors and a Location Quotient of 1.1, Port St. Lucie demonstrates a healthy concentration of these professionals, indicating a robust and stable job market. The concentration slightly above the national average suggests a demand that is at least on par with, if not exceeding, the typical U.S. metropolitan area, promising steady employment opportunities.
Salary Overview
The average Personal Financial Advisors in Port St. Lucie, FL earns+0.3%above the national average.
$77.3
$3,092
$13,398
Personal Financial Advisors Salary Trends (2020-2024)
While specific historical data for Port St. Lucie is not provided, it is reasonable to assume that the compensation for Personal Financial Advisors has seen consistent growth over the past four years, mirroring national trends. Factors such as increasing demand for financial planning services, evolving market conditions, and inflation likely contribute to an upward trajectory in salaries for experienced professionals in this field.
Personal Financial Advisors Salary Distribution in Port St. Lucie, FL
The salary progression for Personal Financial Advisors in Port St. Lucie, FL, typically scales significantly with experience. Entry-level positions might start at a lower percentile, while seasoned advisors with extensive client portfolios and specialized expertise can command salaries well into the upper percentiles. These percentile gaps highlight the substantial career growth and earning potential available as one advances in the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,010 | $21.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $120,578 | $58 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $81,950 | $39.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $200,963 | $96.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $241,155 | $115.9 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$160,770
Gross Pay
Real Wage (Purchasing Power)
$160,770
Adjusted for COL (100)
The average annual salary of $160,770 in Port St. Lucie, FL, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Personal Financial Advisor's income in this city is equivalent to the national average, offering a stable financial environment without the typical pressures of higher living expenses often associated with above-average salaries in other locales.
Job Market Context
320
Total Jobs
1.926
Per 1K Jobs
1.1
Location Quotient
With a location quotient of 1.10, Port St. Lucie, FL has a slightly higher-than-average concentration of Personal Financial Advisors roles compared to the national norm.
A Location Quotient of 1.1 for Personal Financial Advisors in Port St. Lucie indicates a slightly higher concentration of these professionals compared to the national average. This suggests a competitive market where demand is present and potentially growing, but also that the talent pool is well-established, offering ample opportunities for both new entrants and experienced advisors seeking to establish or advance their careers.
Nearby Job Markets
Nearby Cities for Personal Financial Advisors
| City | Salary | Dist. |
|---|---|---|
| Sebastian-Vero Beach-West Vero Corridor, FL Personal Financial Advisors Salary | $168,620↑ 5% | 35 mi |
| Palm Bay-Melbourne-Titusville, FL Personal Financial Advisors Salary | $107,830↓ 33% | 50 mi |
| Sebring, FL Personal Financial Advisors Salary | $107,590↓ 33% | 67 mi |
| North Florida nonmetropolitan area Personal Financial Advisors Salary | $104,710↓ 35% | 86 mi |
Comparing salaries near Port St. Lucie, FL
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Port St. Lucie, FL?
The median annual salary for a Personal Financial Advisors in Port St. Lucie, FL is $160,770. This typically ranges from $45,010 for entry-level positions to $241,155 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Port St. Lucie, FL is 0.3% higher than the national median of $160,360.
Is Port St. Lucie, FL a lucrative place for Personal Financial Advisorss?
Yes, Port St. Lucie, FL is a lucrative place for Personal Financial Advisors.The average salary of $160,770 is on par with the national average, and crucially, the cost of living is also at the national average, meaning your earnings have strong purchasing power.
Is Port St. Lucie, FL a good place to live for Personal Financial Advisors?
The Cost of Living Index in Port St. Lucie, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Port St. Lucie, FL?
Some top paying nearby cities include Sebastian-Vero Beach-West Vero Corridor, FL ($168,620) and Palm Bay-Melbourne-Titusville, FL.
How does the Port St. Lucie Personal Financial Advisor salary compare to the national average?
The average annual salary for Personal Financial Advisors in Port St. Lucie, FL is $160,770, which is slightly higher than the national average of $160,360.
What is the Cost of Living in Port St. Lucie, FL for Personal Financial Advisors?
The Cost of Living Index in Port St. Lucie, FL is 100, which is exactly the national average, indicating that the local expenses are comparable to the rest of the country.
How concentrated is the Personal Financial Advisor job market in Port St. Lucie, FL?
Port St. Lucie has a Location Quotient of 1.1 for Personal Financial Advisors, meaning the concentration of these professionals is slightly higher than the national average, suggesting a healthy local demand.
What is the total number of Personal Financial Advisors in Port St. Lucie, FL?
There are approximately 320 Personal Financial Advisors employed in the Port St. Lucie, FL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Port St. Lucie, FL area with a job density of 1.926 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Personal Financial Advisors • Data source: BLS OEWS 2024 •Jobs in Port St. Lucie, FL