Business & Finance Edison, NJ Pop. 107,588

Financial Advisor Salary in Edison, New Jersey

The median financial advisor salary in Edison, NJ is $117,330 per year, which is 23.0% above the national median and 0.0% above the New Jersey state average.

City Median
$117,330
vs State Avg
+$0
vs National
+$21,940
Cost of Living
115%

Financial Advisor Salary in Edison by Experience

In Edison, an entry-level financial advisor earns around $59,040, while experienced professionals earn up to $221,400 per year. The local cost of living index is 115% of the national average.

Entry Level (0-2 yrs)
$59,040
+$11,040 vs national
Mid Level (3-7 yrs)
$116,850
+$21,850 vs national
Senior Level (8+ yrs)
$221,400
+$41,400 vs national

Salary Percentiles in Edison, NJ

Percentile Edison
10th Percentile $54,612
25th Percentile $76,752
Median (50th) $117,330
75th Percentile $183,270
90th Percentile $293,970

Financial Advisor Salary in Other New Jersey Cities

Jersey City, NJ
$129,730
Pop. 292,449
Newark, NJ
$114,468
Pop. 311,549
Elizabeth, NJ
$110,652
Pop. 137,298
Paterson, NJ
$107,791
Pop. 159,732

How to Become a Financial Advisor in Edison

Education

Most financial advisor positions require a bachelor's degree. Edison and the surrounding New Jersey 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 Edison may vary based on local industry and population growth.

Find Financial Advisor Jobs in Edison

Browse open financial advisor positions in Edison, NJ:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Edison

How much does a Financial Advisor make in Edison, NJ? ▼
The median financial advisor salary in Edison, New Jersey is $117,330 per year, which is 23.0% above the national median of $95,390. Salaries range from $54,612 (10th percentile) to $293,970 (90th percentile).
How much does a Financial Advisor make per hour in Edison? ▼
Based on the median annual salary of $117,330, a financial advisor in Edison earns approximately $56 per hour assuming a standard 2,080-hour work year.
How does Edison compare to the New Jersey state average for financial advisor pay? ▼
Edison's median financial advisor salary of $117,330 is 0.0% above the New Jersey state average of $117,330. The local cost of living index is 115% of the national average.
What is the cost of living in Edison, NJ? ▼
Edison has a cost of living index of 115% compared to the national average. This means a financial advisor salary of $117,330 in Edison has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Edison? ▼
Most financial advisor positions in Edison 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.