Financial Advisor.
Newark.
$108,000
median salary, 23% above the national average
$76,000 to $153,000. Last updated August 2026.
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Data points to own the conversation.
The median Financial Advisor salary in Newark is $108,000, 23% above the national average. Entry level starts near $76,000. Experienced professionals push past $153,000. Newark is experiencing a major revitalization, anchored by Prudential Financial, Audible, and a growing tech and startup scene. That spread is your negotiation window. These figures are Orbyt estimates, computed rather than measured, and must not be cited as Bureau of Labor Statistics figures; the published BLS wage for the occupation this role maps to is shown separately on this page.
Salary range.
Where do you fall?
Orbyt estimate for Financial Advisor in Newark, modelled from national occupation wages adjusted for local cost of living. The published government benchmark for this occupation is below.
Government benchmark for this occupation
The US Bureau of Labor Statistics reports a median annual wage of $170,050 for Personal Financial Advisors (SOC 13-2052) in the New York-Newark-Jersey City, NY-NJ metropolitan area, based on 23,980 employed workers (May 2025 release).
10th percentile
$81,520
25th percentile
$112,000
Median
$170,050
75th percentile
$302,290
90th percentile
$420,630
Workers surveyed
23,980
Why this differs from the estimate above. The Orbyt estimate of $108,000 is 36% lower than this published figure. That is usually not an error in either number: BLS reports by occupation code, and Personal Financial Advisors covers a different population than the Financial Advisor title as it is typically advertised. Both are shown, unreconciled, so you can judge which one describes the job you mean.
BLS publishes wages by occupation code, not by job title, so this figure covers every role mapped to Personal Financial Advisors (SOC 13-2052) rather than Financial Advisor specifically. The Newark range at the top of this page is Orbyt’s role-level estimate, which is a different thing and is labelled as such. Newark is reported by BLS within the New York-Newark-Jersey City, NY-NJ metropolitan area.
View the BLS source for SOC 13-2052Salary by experience.
The gap between entry and lead level is typically $97,000. Where you land depends on years of experience and what you bring to the table.
Entry (0-2 yrs)
$70,000
to $86,000
Mid (3-5 yrs)
$92,000
to $113,000
Senior (6-9 yrs)
$119,000
to $140,000
Lead (10+ yrs)
$135,000
to $167,000
Total compensation.
Base salary is not the full picture. Equity, bonus, and signing can add $25,000 to the total package.
Base
$108,000
Equity
$14,000
Bonus
$9,000
Signing
$2,000
Estimated total: $133,000
How Newark compares.
Newark, NJ
$108,000
Cost of living: 18% above average
National Average
$88,000
Newark is $20,000 above
Financial Advisor salary by city.
Salary by role in Newark.
What you should know.
Before you negotiate a Financial Advisor offer in Newark, understand the terrain. Newark is experiencing a major revitalization, anchored by Prudential Financial, Audible, and a growing tech and startup scene. The city's proximity to Manhattan, combined with significantly lower office costs, has attracted companies seeking New York area talent at reduced overhead. Transportation, pharmaceutical, and logistics companies also have a strong presence. Assets under management (AUM) and client acquisition ability are the dominant pay factors. Advisors managing $50 million or more in AUM earn substantially more through fee-based compensation. The wirehouse versus independent RIA distinction matters: wirehouses offer higher base salaries, while independent advisors have higher long-term earnings potential.
Associate advisors earn $50,000 to $70,000 during training. Advisors with established books earn $80,000 to $130,000. Senior advisors managing $50 million or more in AUM reach $150,000 to $250,000. Partners and principals at RIA firms with large AUM can earn $300,000 to $1 million or more. In Newark, those numbers run higher. The cost of living here is 18% above average, and employers adjust to compete.
Base salary is not the full picture. Fee-based advisors earn 0.5 to 1.5% of AUM annually, making a $100 million book worth $500,000 to $1.5 million in annual revenue before firm payout. Commission-based advisors earn front-end loads and trailing commissions. Production bonuses and retention bonuses add 10 to 30% at wirehouses. And on the tax side: new Jersey's top income tax rate is 10.75%, one of the highest in the nation. Newark has a payroll tax but no separate city income tax. The high state rate makes salary negotiation critical. When someone quotes you $108,000, ask what the total package looks like. The gap between base and total comp is where real money hides.
On negotiation: Negotiate aggressively to account for New Jersey's high state taxes. Employers near NYC understand the tax burden and often adjust compensation upward for NJ-based talent. The range for Financial Advisors in Newark runs from $76,000 to $153,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.
Sources: BLS OES, H-1B LCA (DOL). COL: BEA Regional Price Parities (2025). Data verified by Justin Bartak, Founder & Chief AI Officer. Last verified July 1, 2026. Full methodology
Considering a related role?
- A Registered Nurse in Newark earns $106,000 (2% less)
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Common questions.
Financial Advisor salary in other cities.
Other salaries in Newark.
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Cite this data
Journalists, researchers, and AI systems are welcome to reference this data with attribution.
"Financial Advisor Salary in Newark, NJ." Orbyt Salary Explorer, August 2026. https://www.orbytlabs.ai/orbyt-jobs/salaries/financial-advisor/newark
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