Personal Financial Advisors Salary
The median pay for a personal financial advisors in New Jersey is $158,570/year ($76.24/hour), per BLS data. The range runs from $79K at the entry level to $375K for experienced workers. Adjusted for local prices (RPP 99.34), that's roughly $159,624 in purchasing power. Rent on a 2-bedroom averages $2,067/month, or 22.1% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across New Jersey. Jump to a metro for precise data:
So what does $159K get you in New Jersey?
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What this looks like in New Jersey
New Jersey sits well above the national pay line for personal financial advisors, local pay runs about 51% higher than the U.S. median of $105K. Housing is manageable: a 2-bedroom at the HUD median costs $2,067/month, 22.3% of take-home, well inside the 30% guideline. Cost of living (RPP 99.34) is near the national average, so spending patterns here track the typical American budget fairly closely. Combined with manageable housing costs, New Jersey offers a genuinely strong financial position for personal financial advisorss at the median.
Compensation breakdown
Annual earnings by percentile, New Jersey
Entry-level personal financial advisors (10th percentile) start around $79K. Mid-career wages sit at $159K. Top earners bring in $375K or more, a $296K spread from bottom to top.
Personal Financial Advisors salary by metro in New Jersey
2 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Atlantic City-Hammonton | $130K | -18% | 140 |
| Trenton-Princeton | $129K | -19% | 1,070 |
Compare to other states
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BLS updates this data quarterly. We'll email you when New Jersey numbers change.
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Frequently asked questions
Can a personal financial advisor afford a 2BR apartment alone in New Jersey?
Yes — at the median salary of $159K, rent takes 22.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $2,067/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for personal financial advisors in New Jersey?
The 10th-percentile wage — what new personal financial advisors typically earn — is $79K/year. Take-home on that works out to about $4,732/month. At HUD’s $2,067/month FMR, rent would take 44% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is personal financial advisor a high-paying job in New Jersey?
Local pay is 51% above the national median — $159K here vs. $105K nationally.
How does New Jersey compare to the national average for personal financial advisors?
New Jersey pays $159K median vs. the U.S. average of $105K — that’s +51%. After adjusting for local cost of living (RPP 99.34), the purchasing-power equivalent is $160K — still ahead of the national median.
How much do personal financial advisors make in New Jersey?
The median is $158,570 a year, that works out to about $76 an hour. But the range is wide: entry-level workers start around $78,860, and experienced personal financial advisors can clear $374,530. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $159K enough to live in New Jersey?
On that salary, you'd take home roughly $9,263/month after taxes. A 2-bedroom here rents for about $2,067/month, which eats 22.3% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a personal financial advisors salary go in New Jersey?
New Jersey has a Regional Price Parity of 99.34 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median personal financial advisors salary is worth about $159,624 in national-average purchasing power.
Where do personal financial advisors get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.