Business & Finance Newark, DE Pop. 33,398

Financial Advisor Salary in Newark, Delaware

The median financial advisor salary in Newark, DE is $102,067 per year, which is 7.0% above the national median and 0.9% above the Delaware state average.

City Median
$102,067
vs State Avg
+$954
vs National
+$6,677
Cost of Living
102%

Financial Advisor Salary in Newark by Experience

In Newark, an entry-level financial advisor earns around $51,360, while experienced professionals earn up to $192,600 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$51,360
+$3,360 vs national
Mid Level (3-7 yrs)
$101,650
+$6,650 vs national
Senior Level (8+ yrs)
$192,600
+$12,600 vs national

Salary Percentiles in Newark, DE

Percentile Newark
10th Percentile $47,508
25th Percentile $66,768
Median (50th) $102,067
75th Percentile $159,430
90th Percentile $255,730

Financial Advisor Salary in Other Delaware Cities

Wilmington, DE
$104,929
Pop. 70,898
Bear, DE
$99,206
Pop. 21,000
Middletown, DE
$98,252
Pop. 22,350
Dover, DE
$96,344
Pop. 39,403

How to Become a Financial Advisor in Newark

Education

Most financial advisor positions require a bachelor's degree. Newark and the surrounding Delaware area have institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Newark may vary based on local industry and population growth.

Find Financial Advisor Jobs in Newark

Browse open financial advisor positions in Newark, DE:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Newark

How much does a Financial Advisor make in Newark, DE? ▼
The median financial advisor salary in Newark, Delaware is $102,067 per year, which is 7.0% above the national median of $95,390. Salaries range from $47,508 (10th percentile) to $255,730 (90th percentile).
How much does a Financial Advisor make per hour in Newark? ▼
Based on the median annual salary of $102,067, a financial advisor in Newark earns approximately $49 per hour assuming a standard 2,080-hour work year.
How does Newark compare to the Delaware state average for financial advisor pay? ▼
Newark's median financial advisor salary of $102,067 is 0.9% above the Delaware state average of $101,113. The local cost of living index is 102% of the national average.
What is the cost of living in Newark, DE? ▼
Newark has a cost of living index of 102% compared to the national average. This means a financial advisor salary of $102,067 in Newark has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Newark? ▼
Most financial advisor positions in Newark require a bachelor's degree. Key skills include Investment Planning, Portfolio Management, Tax Planning, Client Relations. The job market is projected to grow 13% nationally over the next decade.