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

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.