What is the average Financial Advisor salary for Somerset, NJ?
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As of June 01, 2026, the average Financial Advisor salary in Somerset, NJ is $130,735. The chart below represents localized salaries for some of our most popular Financial Advisor job titles in Somerset, NJ. Salaries can vary greatly depending on numerous factors, including position, location, years of experience, and level of education. Salary.com’s team of Certified Compensation Professionals analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to compile a range of salaries for various Financial Advisor job titles in Somerset, NJ. Apply your personal criteria to one of the job titles below to get your personalized salary estimate.
Financial Advisor Salaries in Somerset, NJ
| Job Title | Salary | Hourly Rate | Location | Date Updated |
| Financial Advisor I | $69,748 | $33.53 | Somerset, NJ | June 01, 2026 |
| Financial Advisor II | $89,509 | $43.03 | Somerset, NJ | June 01, 2026 |
| Financial Advisor IV | $156,544 | $75.26 | Somerset, NJ | June 01, 2026 |
| Financial Advisor III | $109,705 | $52.74 | Somerset, NJ | June 01, 2026 |
| Financial Modeling Consultant III | $118,981 | $57.20 | Somerset, NJ | June 01, 2026 |
| Financial Analyst II | $92,635 | $44.54 | Somerset, NJ | June 01, 2026 |
| Financial Analyst III | $115,980 | $55.76 | Somerset, NJ | June 01, 2026 |
| Financial Analyst IV | $140,649 | $67.62 | Somerset, NJ | June 01, 2026 |
| Financial Analyst V | $182,377 | $87.68 | Somerset, NJ | June 01, 2026 |
| Financial Assistant II | $63,143 | $30.36 | Somerset, NJ | June 01, 2026 |
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Develops individualized wealth management financial plans and recommendations to help clients attain financial goals. Assesses clients' financial situations, including income, assets, liabilities, and risk tolerance, to develop tailored financial strategies and estate plans. Recommends investment products, insurance, retirement plans, and tax-efficient solutions aligned with client objectives. Monitors market trends and client portfolios to adjust strategies as needed and ensure optimal performance. Keeps abreast of new financial products to inform and advise clients on potential benefits. May be involved with selling or coordinating the purchase of additional financial products or services to clients. Requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience. Financial Advisor I Salaries in Somerset, NJAlternate Job Titles:Wealth Management Advisor I, Financial Advisor I
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Develops individualized wealth management financial plans and recommendations to help clients attain financial goals. Assesses clients' financial situations, including income, assets, liabilities, and risk tolerance, to develop tailored financial strategies and estate plans. Recommends investment products, insurance, retirement plans, and tax-efficient solutions aligned with client objectives. Monitors market trends and client portfolios to adjust strategies as needed and ensure optimal performance. Keeps abreast of new financial products to inform and advise clients on potential benefits. May be involved with selling or coordinating the purchase of additional financial products or services to clients. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience. Financial Advisor II Salaries in Somerset, NJAlternate Job Titles:Wealth Management Advisor II, Financial Advisor II
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Develops individualized wealth management financial plans and recommendations to help clients attain financial goals. Assesses clients' financial situations, including income, assets, liabilities, and risk tolerance, to develop tailored financial strategies and estate plans. Recommends investment products, insurance, retirement plans, and tax-efficient solutions aligned with client objectives. Monitors market trends and client portfolios to adjust strategies as needed and ensure optimal performance. Keeps abreast of new financial products to inform and advise clients on potential benefits. May be involved with selling or coordinating the purchase of additional financial products or services to clients. Requires a bachelor's degree. Typically reports to a manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience. Financial Advisor IV Salaries in Somerset, NJAlternate Job Titles:Wealth Management Advisor IV, Financial Advisor IV
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Develops individualized wealth management financial plans and recommendations to help clients attain financial goals. Assesses clients' financial situations, including income, assets, liabilities, and risk tolerance, to develop tailored financial strategies and estate plans. Recommends investment products, insurance, retirement plans, and tax-efficient solutions aligned with client objectives. Monitors market trends and client portfolios to adjust strategies as needed and ensure optimal performance. Keeps abreast of new financial products to inform and advise clients on potential benefits. May be involved with selling or coordinating the purchase of additional financial products or services to clients. Requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. Financial Advisor III Salaries in Somerset, NJAlternate Job Titles:Wealth Management Advisor III, Financial Advisor III
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Responsible for developing and refining models to forecast financial performance and provide strategic guidance to clients. Evaluates financial data, market research, and historical performance to identify trends and make recommendations. Provides strategic guidance on how to successfully implement changes to align with strategic goals. Tracks variances between financial projections and actual results to identify and troubleshoot differences and recommend adjustments or improvements. Stays current on industry best practices and emerging trends and makes recommendations to clients accordingly. Requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. Financial Modeling Consultant III Salaries in Somerset, NJAlternate Job Titles:External Financial Modeling Analyst III, Financial Modeling Advisor III, Financial Modeling Consultant III
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Analyzes and interprets financial data to advise and support strategic decision-making and achieve business objectives. Ensures all financial reporting, operations, and transactions maintain compliance with organizational and regulatory financial policies, standards, and controls. Utilizes financial modeling and analytical tools to measure and forecast the impact of various economic scenarios, risks, and business changes. Tracks variances between financial projections and actual results to identify and troubleshoot differences and recommend adjustments or improvements. Prepares balance sheets, income statements, cash flow analyses, and other financial reports to assess company performance and financial health. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience. Financial Analyst II Salaries in Somerset, NJAlternate Job Titles:Financial Specialist II, Financial Analyst II
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Analyzes and interprets financial data to advise and support strategic decision-making and achieve business objectives. Ensures all financial reporting, operations, and transactions maintain compliance with organizational and regulatory financial policies, standards, and controls. Utilizes financial modeling and analytical tools to measure and forecast the impact of various economic scenarios, risks, and business changes. Tracks variances between financial projections and actual results to identify and troubleshoot differences and recommend adjustments or improvements. Prepares balance sheets, income statements, cash flow analyses, and other financial reports to assess company performance and financial health. Requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience. Financial Analyst III Salaries in Somerset, NJAlternate Job Titles:Financial Specialist III, Financial Analyst III
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Analyzes and interprets financial data to advise and support strategic decision-making and achieve business objectives. Ensures all financial reporting, operations, and transactions maintain compliance with organizational and regulatory financial policies, standards, and controls. Utilizes financial modeling and analytical tools to measure and forecast the impact of various economic scenarios, risks, and business changes. Tracks variances between financial projections and actual results to identify and troubleshoot differences and recommend adjustments or improvements. Prepares balance sheets, income statements, cash flow analyses, and other financial reports to assess company performance and financial health. Requires a bachelor's degree. Typically reports to a manager. Work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. Typically requires 7+ years of related experience. Financial Analyst IV Salaries in Somerset, NJAlternate Job Titles:Financial Specialist IV, Financial Analyst IV
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Analyzes and interprets financial data to advise and support strategic decision-making and achieve business objectives. Ensures all financial reporting, operations, and transactions maintain compliance with organizational and regulatory financial policies, standards, and controls. Utilizes financial modeling and analytical tools to measure and forecast the impact of various economic scenarios, risks, and business changes. Tracks variances between financial projections and actual results to identify and troubleshoot differences and recommend adjustments or improvements. Prepares balance sheets, income statements, cash flow analyses, and other financial reports to assess company performance and financial health. Requires a bachelor's degree. Typically reports to a manager. Works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Typically requires 10+ years of related experience. Financial Analyst V Salaries in Somerset, NJAlternate Job Titles:Financial Specialist V, Financial Analyst V
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Collects and maintains financial data to advise and support business objectives. Assists with preparation of financial reports and metrics for analysis. Updates and maintains financial dashboards for management insight. Ensures all financial reporting, operations, and transactions maintain compliance with organizational and regulatory financial policies, standards, and controls. May require a bachelor's degree. Typically reports to a supervisor. Works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience. Financial Assistant II Salaries in Somerset, NJAlternate Job Titles:Associate Financial Analyst II, Financial Assistant II