Financial Advisor Salary in Jersey City, NJ: $178,676 (2026)
Quick Answer:A full-time financial advisor in Jersey City, NJ earns a median $178,676/year (≈ $85.90/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Jersey City's price level (15% above national, BEA RPP 115.2), that paycheck buys what $155,101 would nationally. Nominal pay sits 42.9% above the New Jersey state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Jersey City, NJ, can expect a median annual salary of $178,676, reflecting a significant 64.62% premium over the national median of $108,537. Salaries here range from $103,632 at the lower percentile to $276,947 for top earners, showcasing a notable disparity driven by the varying compensation models used in the industry. Jersey City's financial advisory landscape is heavily influenced by the structural divide between wirehouses and Registered Investment Advisors (RIAs). Many financial professionals in this area operate under an AUM-based fee model, fostering a strong income potential for advisors managing substantial portfolios while simultaneously adapting to a market that demands fiduciary responsibility.
About the Jersey City Market
Salary estimated from New Jersey average ($148,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $103,632 | $49.82 |
| Lower Range (P25) | $128,647 | $61.85 |
| Median (P50)(typical) | $178,676 | $85.90 |
| Upper Range (P75) | $228,705 | $109.95 |
| Top Earners (P90) | $276,947 | $133.14 |
Median Salary Position
64.62% above the national average
2026 Salary Percentile Distribution in Jersey City
In Jersey City, NJ, the financial advisor salary spread from the 10th to 90th percentile is $173,315 (2026 est.). At $178,676, the local median is 64.62% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Jersey City: You'd be in the lower-middle range
How Jersey City Financial Advisor Pay Compares
Jersey City median: $178,676/year (2026)
| Compared To | Median Salary | Jersey City Pays |
|---|---|---|
| New Jersey Average | $125,036 | +42.90% more |
| National Average | $108,537 | +64.62% more |
Financial Advisors in Jersey City, NJ earn a median of $178,676 per year (2026 est.), which is 64.62% higher than the national median of $108,537 and 42.90% above the New Jersey state average of $125,036.
Cost-of-Living Adjusted Salary
Jersey City has a cost of living 15.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Jersey City, NJ has a cost-of-living index of 115.2 (above the national average of 100). While the nominal salary of $178,676 is competitive, the higher cost of living reduces purchasing power to an effective $155,101 — a 13.19% reduction.
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2019 BLS Actual
$144,620
2025 BLS Actual
$172,968
2026 Current Est.
$178,676
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Jersey City (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $144,620 | Actual |
| 2020 | $147,057 | Actual |
| 2021 | $155,024 | Actual |
| 2022 | $157,033 | Actual |
| 2023 | $163,930 | Actual |
| 2024 | $178,624 | Actual |
| 2025 | $172,968 | Actual |
| 2026(current) | $178,676 | Estimated |
| 2027 | $184,572 | Projected |
Based on 7 years of BLS OEWS data for the Jersey City metropolitan area, the median financial advisor salary grew 19.6% from $144,620 (2019) to $172,968 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $184,572 by 2027 — a total increase of $39,952 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Jersey City metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.30% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $103,632 – $128,647 |
| 3-5 years (Mid Career) | $128,647 – $178,676 |
| 5+ years (Experienced) | $178,676 – $228,705 |
| 10+ years (Top Earner) | $228,705 – $276,947 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Jersey City
With 42 financial advisors currently employed in Jersey City, the job market demonstrates solid stability amidst a rising cost of living, reflected in a cost-of-living index of 115.2. This elevated index means that while salaries may appear lucrative, actual purchasing power can be diminished by housing and other living expenses. Prominent players such as Morgan Stanley and UBS are among those offering competitive salaries, but RIAs often provide favorable compensation structures due to their focus on asset-based fees. A range of factors informs the considerable pay variance in this field, including client concentration, the advisor's credentials such as CFP or CFA, and the business model adopted—commission-based at wirehouses versus fee-only at RIAs. Advisors seeking to enhance their earning potential in Jersey City should consider building a robust AUM portfolio and possibly transitioning to a fiduciary model where earnings can scale with the growth of client assets.
More salary data for Jersey City, NJ:
Frequently Asked Questions
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Written by Jordan Lee, CFP
Career Analyst
Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $172,968 for financial advisorsin the Jersey City metropolitan area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Jersey City is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.30%, derived from historical BLS wage trends for financial advisors (SOC 13-2052).
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov