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Kentucky Financial Planner Salary

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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.

Area name
Employment
Annual mean salary
Bowling Green, KY
140
$46,140
Cincinnati-Middletown, OH-KY-IN
3110
$68,060
Elizabethtown, KY
70
$71,730
Evansville, IN-KY
160
$99,500
Huntington-Ashland, WV-KY-OH
70
$63,320
Lexington-Fayette, KY
300
$55,970
Louisville-Jefferson County, KY-IN
1360
$78,140
West Kentucky nonmetropolitan area
80
Not Released
South Central Kentucky nonmetropolitan area
50
$54,390
West Central Kentucky nonmetropolitan area
130
$43,170

 

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.

Area name
Employment
Annual mean salary
Bowling Green, KY
140
$46,140
Cincinnati-Middletown, OH-KY-IN
3,110
$68,060
Elizabethtown, KY
70
$71,730
Evansville, IN-KY
160
$99,500
Huntington-Ashland, WV-KY-OH
70
$63,320
Lexington-Fayette, KY
300
$55,970
Louisville-Jefferson County, KY-IN
1,360
$78,140
West Kentucky nonmetropolitan area
80
Not Released
South Central Kentucky nonmetropolitan area
50
$54,390
West Central Kentucky nonmetropolitan area
130
$43,170

 

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.

Area name
Employment
Annual mean salary
Bowling Green, KY
140
$55,410
Cincinnati-Middletown, OH-KY-IN
2,970
$55,850
Clarksville, TN-KY
100
$41,940
Elizabethtown, KY
60
$38,290
Evansville, IN-KY
180
$45,890
Huntington-Ashland, WV-KY-OH
260
$36,960
Lexington-Fayette, KY
570
$53,440
Louisville-Jefferson County, KY-IN
2,560
$77,060
Owensboro, KY
160
$49,790
West Kentucky nonmetropolitan area
330
$43,700
South Central Kentucky nonmetropolitan area
410
$52,490
West Central Kentucky nonmetropolitan area
310
$27,500
East Kentucky nonmetropolitan area
120
$49,390

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.