Business & Finance Jersey City, NJ Pop. 292,449

Financial Advisor Salary in Jersey City, New Jersey

The median financial advisor salary in Jersey City, NJ is $129,730 per year, which is 36.0% above the national median and 10.6% above the New Jersey state average.

City Median
$129,730
vs State Avg
+$12,400
vs National
+$34,340
Cost of Living
128%

Financial Advisor Salary in Jersey City by Experience

In Jersey City, an entry-level financial advisor earns around $65,280, while experienced professionals earn up to $244,800 per year. The local cost of living index is 128% of the national average.

Entry Level (0-2 yrs)
$65,280
+$17,280 vs national
Mid Level (3-7 yrs)
$129,200
+$34,200 vs national
Senior Level (8+ yrs)
$244,800
+$64,800 vs national

Salary Percentiles in Jersey City, NJ

Percentile Jersey City
10th Percentile $60,384
25th Percentile $84,864
Median (50th) $129,730
75th Percentile $202,640
90th Percentile $325,040

Financial Advisor Salary in Other New Jersey Cities

How to Become a Financial Advisor in Jersey City

Education

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

Find Financial Advisor Jobs in Jersey City

Browse open financial advisor positions in Jersey City, NJ:

Frequently Asked Questions: Financial Advisor Salary in Jersey City

How much does a Financial Advisor make in Jersey City, NJ?
The median financial advisor salary in Jersey City, New Jersey is $129,730 per year, which is 36.0% above the national median of $95,390. Salaries range from $60,384 (10th percentile) to $325,040 (90th percentile).
How much does a Financial Advisor make per hour in Jersey City?
Based on the median annual salary of $129,730, a financial advisor in Jersey City earns approximately $62 per hour assuming a standard 2,080-hour work year.
How does Jersey City compare to the New Jersey state average for financial advisor pay?
Jersey City's median financial advisor salary of $129,730 is 10.6% above the New Jersey state average of $117,330. The local cost of living index is 128% of the national average.
What is the cost of living in Jersey City, NJ?
Jersey City has a cost of living index of 128% compared to the national average. This means a financial advisor salary of $129,730 in Jersey City has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Jersey City?
Most financial advisor positions in Jersey City 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.