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

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.