New Jersey Financial Planner Salary

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Financial Advisor Salary in New Jersey

 

According to the Bureau of Labor Statistics (BLS), at an average of $99,560 yearly, the 3,140 personal financial advisors working in New Jersey as of May 2010 earned the fourth-highest salary among all financial advisors in the country. The White Plains NY/Wayne NJ area was the second highest paying metropolitan area in the country for financial advisors, where the average annual salary was $142,000.

The top 25 percent of New Jersey’s personal financial advisors made an average of $117,140. The wages of personal financial advisors in New Jersey’s top 10 percent were beyond the BLS reporting ceiling, indicating the average equaled or exceeded $166,400 per year.

Area name
Employment
Annual mean salary
Allentown-Bethlehem-Easton, PA-NJ
190
$62,270
Atlantic City-Hammonton, NJ
Not Released
$80,180
Camden, NJ Metropolitan Division
260
$73,100
Edison-New Brunswick, NJ Metropolitan Division
610
$86,100
Newark-Union, NJ-PA Metropolitan Division
930
$95,470
New York-White Plains-Wayne, NY-NJ Metropolitan Division
19,810
$142,000
Trenton-Ewing, NJ
380
$109,470
Wilmington, DE-MD-NJ Metropolitan Division
730
$84,260

Stockbroker Salary in New Jersey

 

There were 15,160 securities/commodities agents working in New Jersey in May 2010, earning an average mean salary of $93,640. Areas of New Jersey that paid higher average salaries than that include the White Plains NY/Wayne NJ area, where they earned an average of $128,330; the Trenton/Ewing area, where stockbrokers averaged $89,990; and the Newark area, where the average was $102,820. New Jersey securities agents in the top 25 percent received $125,030 per year on average, while the top 10 percent earned an average somewhere above $166,400 annually, beyond the BLS reporting ceiling.

Area name
Employment
Annual mean salary
Allentown-Bethlehem-Easton, PA-NJ
340
$95,880
Atlantic City-Hammonton, NJ
90
$91,710
Camden, NJ Metropolitan Division
1,030
$80,650
Edison-New Brunswick, NJ Metropolitan Division
2,710
$87,470
Newark-Union, NJ-PA Metropolitan Division
3,850
$102,820
New York-White Plains-Wayne, NY-NJ Metropolitan Division
40,790
$128,330
Trenton-Ewing, NJ
920
$89,990
Vineland-Millville-Bridgeton, NJ
60
$70,090
Wilmington, DE-MD-NJ Metropolitan Division
1,250
$113,990

Life/Annuity Producer Salary in New Jersey

The 7,970 insurance sales agents in New Jersey earned an average annual salary of $73,250. The White Plains NY/Wayne NJ metropolitan area paid the most, at $82,680. New Jersey insurance agents earning salaries in the top 25 percent averaged $89,390, while those in the top 10 percent averaged $126,360.

Area name
Employment
Annual mean salary
Allentown-Bethlehem-Easton, PA-NJ
780
$70,050
Atlantic City-Hammonton, NJ
60
$88,900
Camden, NJ Metropolitan Division
1,350
$80,740
Edison-New Brunswick, NJ Metropolitan Division
2,110
$70,970
Newark-Union, NJ-PA Metropolitan Division
2,560
$72,680
New York-White Plains-Wayne, NY-NJ Metropolitan Division
9,040
$82,680
Ocean City, NJ
90
$56,970
Trenton-Ewing, NJ
300
$77,550
Vineland-Millville-Bridgeton NJ
60
$55,910
Wilmington, DE-MD-NJ Metropolitan Division
980
$56,110

Salary and employment data compiled by the United States Department of Labor’s Bureau of Labor Statistics in May of 2010. These estimates do not include self-employed financial advisors. The Bureau of Labor Statistics always expresses salaries equal to or greater than $166,400 (hourly wage of $80.00) as such and doesn’t provide estimates beyond these totals.