Financial Advisor Salaries & Top Paying Companies in Paramus, NJ

Position

City

Salary

How much does a Financial Advisor make in Paramus, NJ?

The average salary for a Financial Advisor is $107,871 per year in Paramus, NJ.

Graph depicting the yearly salary distribution for Financial Advisor jobs in Paramus, NJ, showing an average salary of $107,871 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Financial Advisor jobs in Paramus, NJ, showing an average salary of $8,989 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Financial Advisor jobs in Paramus, NJ, showing an average salary of $2,074 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Financial Advisor jobs in Paramus, NJ, showing an average salary of $52 with varying distribution percentages across salary ranges.

A Financial Advisor in Paramus, NJ earns a good salary. On average, they make about $107,871 each year. Many financial advisors in Paramus earn between $70,773 and $134,318 annually. This range shows the different earnings based on experience and the size of the clients they serve.

Experienced financial advisors can earn more. The top earners in this field can make over $155,000 a year. These advisors often work with high-net-worth individuals or manage large portfolios. Some advisors also earn extra income through commissions and bonuses. This can increase their overall earnings.

What are the highest paying cities for a Financial Advisor near Paramus, NJ?

Financial advisors near Paramus, NJ, have several nearby cities that offer high salaries. Hackensack, NJ, leads the way with an average salary of $78,486. Next, Saddle Brook, NJ, offers $72,979, while Ridgewood, NJ, provides an average of $72,825. These cities present great opportunities for those seeking a lucrative career as a financial advisor.

Graph displaying highest paying cities salaries for Financial Advisor jobs near Paramus, NJ, highlighting Hackensack, NJ with the highest at $78,486 and Ridgewood, NJ with the lowest at $72,825.

Hackensack, NJ
Average Salary: $78,486
In Hackensack, working as an advisor means helping clients with wealth management and retirement planning. The area hosts reputable firms like Merrill Lynch and Vanguard. A professional here gains experience with diverse financial strategies.
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Saddle Brook, NJ
Average Salary: $72,979
Saddle Brook offers a vibrant environment for financial professionals. Advisors here work with clients to enhance their financial health. With firms such as Fidelity and Edward Jones, it's a place for growth and learning. The community values knowledgeable and reliable financial guidance.
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Ridgewood, NJ
Average Salary: $72,825
Ridgewood provides a solid foundation for those in finance. Advisors here focus on creating personalized financial plans. Companies like UBS and Morgan Stanley dominate the scene. The area rewards dedication with opportunities to build a successful career.
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What are the best paying companies for a Financial Advisor in Paramus, NJ?

Job seekers in Paramus, NJ, aiming for a career in financial advising should consider Northwestern Mutual. This company offers a top average salary of $135,835, making it a highly attractive option for financial professionals. Bank of America also provides competitive compensation with an average salary of $75,551, presenting another strong choice for those in the field. Applicants can expect both companies to provide a stable work environment and opportunities for career growth. This makes them ideal places to explore for those seeking to advance their financial advising careers.

Graph displaying best paying company salaries for Financial Advisor jobs in Paramus, NJ, highlighting Northwestern Mutual with the highest at $135,835 and Bank of America with the lowest at $75,551.

Northwestern Mutual
Average Salary: $135,835
Northwestern Mutual is a leading financial services company. They offer a variety of career opportunities for Financial Advisors. They have a strong focus on client satisfaction and long-term relationships. This company operates nationwide and is headquartered in Milwaukee, Wisconsin. In Paramus, NJ, they provide personalized financial advice to help clients achieve their goals.
Bank of America
Average Salary: $75,551
Bank of America is a global financial institution with a strong presence in the United States. They offer various roles for Financial Advisors. They emphasize comprehensive financial planning and wealth management. Bank of America has branches all over the world and is headquartered in Charlotte, North Carolina. In Paramus, NJ, they provide clients with access to a wide range of financial products and services.

What are the best paying Financial Advisor related jobs in Paramus, NJ?

Portfolio Managers in Paramus, NJ, often enjoy some of the highest salaries in the financial sector. With an average salary of $121,195, they play a key role in managing investment portfolios. Investment Bankers follow closely, with a substantial average salary of $75,000.

Graph displaying best paying related job salaries for Financial Advisor jobs near Paramus, NJ, highlighting Portfolio Manager with the highest at $121,195 and Acquisitions Specialist with the lowest at $40,000.

Portfolio Manager
Average Salary: $121,195
Manages a collection of investment assets for clients. Works at firms such as Goldman Sachs and Morgan Stanley. Requires a strong understanding of market trends and client goals.
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Underwriting Manager
Average Salary: $120,000
Oversees the underwriting process for various financial products. Companies like Prudential Financial and MetLife look for strong leaders. Involves analyzing risk and approving financial services.
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Underwriter
Average Salary: $108,366
Evaluates the risk involved in offering financial products. Works at institutions like American International Group (AIG). Analyzes data to determine the viability of financial transactions.
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Analyst
Average Salary: $101,261
Provides insights to support financial decision-making. Works at firms like Bloomberg and Fidelity. Requires strong analytical skills and knowledge of financial markets.
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Wealth Management Advisor
Average Salary: $94,153
Helps clients manage their wealth effectively. Works at firms like UBS and Merrill Lynch. Focuses on investment strategies and financial planning.
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Investment Banker
Average Salary: $75,000
Assists companies in raising capital. Works at firms like JPMorgan Chase and Bank of America. Requires excellent negotiation and financial analysis skills.
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Personal Banker
Average Salary: $51,779
Provides banking services to individuals. Works at banks like Chase and TD Bank. Involves understanding customer needs and offering financial products.
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Acquisitions Specialist
Average Salary: $40,000
Focuses on corporate mergers and acquisitions. Works at firms like Goldman Sachs and Morgan Stanley. Involves strategic planning and financial analysis to support mergers.
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Financial Advisor Salary in Paramus, NJ

How much does a Financial Advisor make in Paramus, NJ?

What are the highest paying cities for a Financial Advisor near Paramus, NJ?

What are the best paying companies for a Financial Advisor in Paramus, NJ?

Currently 2,490 Financial Advisor job openings, nationwide.

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