Financial Advisor Salary in Morristown, NJ

In Morristown, NJ, a Financial Advisor can expect to earn a competitive salary. The average yearly salary for this role is around $79,622. This figure reflects the skills and experience that professionals bring to the table. Many advisors find that their earnings can vary based on their level of expertise and the clients they serve.

The salary range for Financial Advisors in Morristown, NJ, can be quite broad. Some advisors earn as little as $40,900 per year, while others can make upwards of $177,500 annually. This range highlights the potential for growth and advancement in the field. Factors such as education, certifications, and the size of the financial institution can influence earnings. Aspiring advisors should consider these elements when planning their career path.

1. Florham Park, NJ
   Average Salary: $101,029
   In Florham Park, NJ, financial professionals enjoy a vibrant community. Many work for well-known firms like Prudential and Fidelity. The area offers a mix of urban and suburban living, making it ideal for those who value both convenience and space.
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2. Morristown, NJ
   Average Salary: $82,827
   Morristown, NJ, is a hub for financial services. Companies like JPMorgan Chase and Goldman Sachs are prominent here. The city's rich history and strong economy provide a stable environment for financial careers. Professionals often find a good work-life balance in this area.
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3. Parsippany-Troy Hills, NJ
   Average Salary: $76,871
   Parsippany-Troy Hills, NJ, is known for its thriving financial sector. Many work for major banks and investment firms. The area offers a blend of corporate opportunities and a welcoming community. It's a great place for those looking to advance their careers in finance.
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1. Northwestern Mutual
   Average Salary: $138,750
   Northwestern Mutual offers rewarding Financial Advisor positions. They focus on long-term client relationships and provide comprehensive training. The company operates in Morristown, NJ, and across the nation.
   

   
   

2. Deloitte
   Average Salary: $107,048
   Deloitte provides diverse Financial Advisor roles. They emphasize innovation and client-focused solutions. Deloitte has offices in Morristown, NJ, and globally.
   

   
   

3. Charles Schwab
   Average Salary: $82,500
   Charles Schwab offers competitive salaries for Financial Advisors. They focus on client service and financial planning. The company operates in Morristown, NJ, and nationwide.
   

   
   

4. Atlantic Health System
   Average Salary: $49,386
   Atlantic Health System provides Financial Advisor positions with a focus on community health and wellness. They offer growth opportunities and operate in Morristown, NJ, and other locations.
   

1. Investment Banker
   Average Salary: $176,100
   This role involves helping companies and governments raise capital. They work with clients to create strategies for mergers and acquisitions. Investment bankers in Morristown, NJ, often collaborate with firms like Goldman Sachs and JPMorgan Chase.
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2. Risk Management Manager
   Average Salary: $172,626
   This position focuses on identifying and managing risks for a company. They develop strategies to minimize potential losses. Risk management managers in Morristown, NJ, often work with companies like Prudential Financial and Chubb.
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3. Portfolio Manager
   Average Salary: $169,938
   Portfolio managers oversee investment portfolios for clients. They make decisions on buying and selling assets. In Morristown, NJ, portfolio managers often work with firms like Fidelity Investments and BlackRock.
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4. Acquisitions Specialist
   Average Salary: $167,450
   This role involves finding and evaluating potential companies for acquisition. They analyze financial data and market trends. Acquisitions specialists in Morristown, NJ, often work with companies like Morgan Stanley and Barclays.
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5. Loss Control Consultant
   Average Salary: $143,860
   Loss control consultants help businesses reduce risks and prevent losses. They provide advice on safety and insurance. In Morristown, NJ, loss control consultants often work with firms like Liberty Mutual and Allstate.
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6. Risk Specialist
   Average Salary: $136,211
   Risk specialists analyze potential risks for a company. They develop plans to mitigate these risks. Risk specialists in Morristown, NJ, often work with companies like American International Group (AIG) and MetLife.
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7. Wealth Management Advisor
   Average Salary: $134,380
   Wealth management advisors help clients manage their investments and financial plans. They provide personalized advice on savings and retirement. In Morristown, NJ, wealth management advisors often work with firms like Edward Jones and UBS.
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8. Underwriter
   Average Salary: $116,729
   Underwriters assess the risk of insuring clients. They decide whether to accept or reject insurance applications. Underwriters in Morristown, NJ, often work with companies like Allstate and The Hartford.
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9. Chief Risk Officer
   Average Salary: $109,200
   Chief Risk Officers oversee risk management for an entire organization. They develop policies to protect the company from financial risks. In Morristown, NJ, Chief Risk Officers often work with companies like Goldman Sachs and JPMorgan Chase.
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10. Analyst
    Average Salary: $92,120
    Analysts gather and interpret data to help make informed business decisions. They often work in finance, economics, or market research. In Morristown, NJ, analysts often work with firms like Moody's and Standard & Poor's.
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