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.