Financial Advisor Salary in Kentucky
According to the U.S. Bureau of Labor Statistics, the total number of personal financial advisors working in Kentucky in 2010 was 1,660. These advisors earned an average salary of $75,380 per year.
Those earning salaries in Kentucky’s 75th percentile made an average of $93,000 per year, while those in the 90th percentile earned salaries equal to or greater than the BLS reporting ceiling of $166,400 per year.
Stockbroker Salary in Kentucky
The Bureau of Labor Statistics (BLS) of the U.S. Department of Labor has maintained Kentucky’s salary and employment facts. In 2010, the BLS reported that there were 2,830 securities, commodities, and financial services sales agents working in the state. These agents made an average salary of $60,430. Those earning salaries in the 75th percentile made an average of $65,040 and those in the 90th percentile averaged $149,750 annually.
Life/Annuity Producer Salary in Kentucky
According to the U.S. Department of Labor’s Bureau of Labor Statistics, there were 4,860 insurance sales agents employed in Kentucky in 2010, some of which marketed financial planning services by selling fixed annuities and life insurance. Insurance sales agents in the state earned an average salary of $63,120 that year. Agents earning salaries that fell within the 75th percentile averaged $62,400 annually, while agents earning in the 90th percentile averaged $161,070 per year.
Salary and employment data compiled by the United States Department of Labor’s Bureau of Labor Statistics in May of 2010. These estimates do not include self-employed financial advisors. The Bureau of Labor Statistics always expresses salaries equal to or greater than $166,400 (hourly wage of $80.00) as such and doesn’t provide estimates beyond these totals.