Financial Advisor Hourly Pay in Edison, NJ: $59.31 (2026)
Quick Answer:Hourly pay for a financial advisor working in Edison, NJ runs $59.31 at the median for 2026 — annualizing to $123,371 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Edison's regional price level (BEA RPP 115.2, 15% above national), each hour of work buys what $51.49 nationally would. A 24-hour part-time schedule grosses $74,025 per year.
Based on BLS state-level estimates · View source
In Edison, New Jersey, the financial advisor hourly pay is projected to be $59.31 in 2026, which is notably higher than the national hourly median of $52.18. This elevated rate reflects the area's robust demand for financial planning expertise, especially as professionals serve clients in a variety of settings, from wirehouse branch offices to client home visits and virtual planning meetings. For those working part-time—say, three days a week—this hourly rate translates to flexible earning potential, allowing advisors to balance professional commitments with personal needs. Entry-level positions may start around $34.40 per hour, while seasoned professionals can earn up to $91.94, illustrating a wide income spectrum that reflects both experience and specialization within this profession.
About the Edison Market
Salary estimated from New Jersey average ($148,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $34.40 | $275.19 |
| Lower Range (P25) | $42.70 | $341.63 |
| Median (P50) | $59.31 | $474.52 |
| Upper Range (P75) | $75.93 | $607.40 |
| Top Earners (P90) | $91.94 | $735.50 |
Estimated Annual Income by Work Schedule in Edison
Based on $59.31/hr median hourly rate · 2026 est.
At $59.31/hr, a financial advisor working full-time (40 hr/wk) in Edison, NJ can expect to earn approximately $123,375 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $71,178. With a cost-of-living index of 115.20 (above the national average), these earnings may be offset by higher expenses in Edison.
Hourly Rate Calculator
Schedule Comparison in Edison
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,372.59 | $10,281 | $123,375 |
| Part-Time (24 hrs) | $1,423.56 | $6,169 | $74,025 |
| Per Diem (16 hrs) | $949.04 | $4,112 | $49,350 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Edison) | $59.31 |
| Financial Analyst (National Avg) | $47.61 |
| Accountant / Auditor (National Avg) | $39.88 |
| Insurance Sales Agent (National Avg) | $29.02 |
| Securities / Commodities Sales Agent (National Avg) | $35.30 |
Financial Advisors in Edison, NJ earn a median of $123,371 per year (2026 est.), which is 13.67% higher than the national median of $108,537 and 1.30% below the New Jersey state average of $124,996.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $59.31/hr = $74,025/year (purchasing power: $64,258).
Working 40h/week (full-time) = $123,375/year (purchasing power: $107,096).
CoL index: 115.2 (100 = national average).
2019 BLS Actual
$48.01/hr
2025 BLS Actual
$57.42/hr
2026 Current Est.
$59.31/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Edison (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $48.01/hr | Actual |
| 2020 | $48.82/hr | Actual |
| 2021 | $51.46/hr | Actual |
| 2022 | $52.13/hr | Actual |
| 2023 | $54.42/hr | Actual |
| 2024 | $80.88/hr | Actual |
| 2025 | $57.42/hr | Actual |
| 2026(current) | $59.31/hr | Estimated |
| 2027 | $61.27/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Edison grew 19.6% from $48.01/hr (2019) to $57.42/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $61.27/hr by 2027. Part-time and per-diem financial advisors can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Edison 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.
Working as an Hourly Financial Advisor in Edison
Part-time financial advisors working 24 hours a week might net approximately $73,913 annually, a respectable figure compared to a full-time equivalent. Per diem financial advisor pay in Edison often skews higher for skilled fiduciaries, who can charge between $3,000 and $15,000 for comprehensive plans. While juniors typically do not partake in per-diem roles, those with established reputations often consult on a project basis for small businesses, commanding fees that may range from $5,000 to $25,000 for annual retainers. Payment structures vary significantly among the various employer types within Edison, from the commission-based compensation at wirehouses like Morgan Stanley to the fee-only model employed by RIAs. Advisors must weigh the benefits of steady employment with health insurance against the allure of higher hourly rates without benefits. Practical negotiation in this market often emphasizes not just compensation but also the work-life balance that comes with different employer types, making it essential for advisors in Edison to understand their unique value proposition.
More salary data for Edison, 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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for financial advisors in Edison. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Edison 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