Business & Finance Elizabeth, NJ Pop. 137,298

Financial Advisor Salary in Elizabeth, New Jersey

The median financial advisor salary in Elizabeth, NJ is $110,652 per year, which is 16.0% above the national median and 5.7% below the New Jersey state average.

City Median
$110,652
vs State Avg
$-6,678
vs National
+$15,262
Cost of Living
108%

Financial Advisor Salary in Elizabeth by Experience

In Elizabeth, an entry-level financial advisor earns around $55,680, while experienced professionals earn up to $208,800 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$55,680
+$7,680 vs national
Mid Level (3-7 yrs)
$110,200
+$15,200 vs national
Senior Level (8+ yrs)
$208,800
+$28,800 vs national

Salary Percentiles in Elizabeth, NJ

Percentile Elizabeth
10th Percentile $51,504
25th Percentile $72,384
Median (50th) $110,652
75th Percentile $172,840
90th Percentile $277,240

Financial Advisor Salary in Other New Jersey Cities

Jersey City, NJ
$129,730
Pop. 292,449
Edison, NJ
$117,330
Pop. 107,588
Newark, NJ
$114,468
Pop. 311,549
Paterson, NJ
$107,791
Pop. 159,732

How to Become a Financial Advisor in Elizabeth

Education

Most financial advisor positions require a bachelor's degree. Elizabeth 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 Elizabeth may vary based on local industry and population growth.

Find Financial Advisor Jobs in Elizabeth

Browse open financial advisor positions in Elizabeth, NJ:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Elizabeth

How much does a Financial Advisor make in Elizabeth, NJ? ▼
The median financial advisor salary in Elizabeth, New Jersey is $110,652 per year, which is 16.0% above the national median of $95,390. Salaries range from $51,504 (10th percentile) to $277,240 (90th percentile).
How much does a Financial Advisor make per hour in Elizabeth? ▼
Based on the median annual salary of $110,652, a financial advisor in Elizabeth earns approximately $53 per hour assuming a standard 2,080-hour work year.
How does Elizabeth compare to the New Jersey state average for financial advisor pay? ▼
Elizabeth's median financial advisor salary of $110,652 is 5.7% below the New Jersey state average of $117,330. The local cost of living index is 108% of the national average.
What is the cost of living in Elizabeth, NJ? ▼
Elizabeth has a cost of living index of 108% compared to the national average. This means a financial advisor salary of $110,652 in Elizabeth has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Elizabeth? ▼
Most financial advisor positions in Elizabeth 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.