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Financial Advisor Licensing in New Jersey

Review current requirements, exam details, renewal cycle, and salary outlook for financial advisor in New Jersey, including See agency and board contact links.

Last verified: Feb 12, 2026

Application Fee

See agency

Exam Requirement

State-approved exam

Renewal Cycle

See board renewal rules

Licensing Blueprint for Financial Advisor in New Jersey

Estimated timeline: 6-24 months

Core Requirements

  • License Type: Stand-alone license
  • Education: Varies by state board
  • Examination: State-approved exam
  • Application Fee: See agency
  • Background Check: No criminal record prohibitions

Application Snapshot

  1. Licensing Authority

    Department of Law and Public Safety • Division of Consumer Affairs • Bureau of Securities

  2. Current Filing Fee

    See agency

  3. Renewal Cycle

    See board renewal rules

  4. Salary Position

    $123,690 median (21% above national)

  5. State Salary Rank

    #5 of 50 states

Step-by-Step Process (4)

  1. 1. Meet baseline eligibility requirements.
  2. 2. Complete approved education/training requirements.
  3. 3. Pass required exam(s) and submit application.
  4. 4. Maintain and renew license according to board rules.

Salary Insights in New Jersey

With a median salary of 123,690, Financial Advisors in New Jersey earn 21% above the national median of $102,140. New Jersey ranks #5 among 50 states. The typical licensing timeline is 6-24 months.

State Hiring Climate (QCEW)

Rising

QoQ Employment Change

+2.4%

Average Weekly Wage

$1,565

Median annual salary

$123,690

Hourly estimate

$59.47
21% above national median

Difference: +$21,550

Percentile Distribution

Annual compensation
  • P1010th percentile$64,170
  • P2525th percentile$91,450
  • P50Median$123,690
  • P7575th percentile$179,600
  • P9090th percentileN/A

State vs National Median

State: $123,690
National: $102,140

Total employment: 6,830 | Annual openings: N/A

Financial Advisor Salary Ranking

#5 of 50 statesfor Financial Advisor median salary
RankStateMedian Salary
#1New York167,970
#2Idaho136,440
#3California128,650
#4Delaware128,170
#5New Jersey123,690

Nearby States Comparison

Financial Advisor licensing across the region
StateMedian SalaryEducationExamTimeline
New Jersey$123,690Varies by state boardState-approved exam6-24 months
New York$167,970No educational requirementsThird-party exam required6-24 months
Pennsylvania$103,290Degree requiredState exam required6-24 months
Delaware$128,170No educational requirementsNo exam required6-24 months

License by Endorsement

Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.

StateReciprocity ScoreTierNotes
New Jersey72MediumBackground check or criminal history review is indicated.
New York54LowState-specific exam conditions may apply. Documented experience may be required.
Pennsylvania54LowState-specific exam conditions may apply. Documented experience may be required.
Delaware60MediumState-specific exam conditions may apply. Documented experience may be required.
  • License status indicator: Active.
  • Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Official Licensing Agency

Department of Law and Public Safety • Division of Consumer Affairs • Bureau of Securities

See official licensing board website

Phone: N/A

Related Careers in New Jersey

ProfessionMedian SalaryEducationTimeline
Architect$97,980Specific course required6-24 months
Certified Public Accountant$101,340Degree required6-24 months
Civil Engineer$103,690Specific course required6-24 months
Funeral Director$44,010No educational requirements6-24 months

FAQ

How long does it take to become a Financial Advisor in New Jersey?

Most applicants finish the licensing path in about 6-24 months, but timing can change based on education track, exam scheduling, and board processing.

What is the typical Financial Advisor salary in New Jersey?

The median annual salary for Financial Advisors in New Jersey is 123,690.

How does the Financial Advisor salary in New Jersey compare to the national average?

Financial Advisors in New Jersey earn 21% above the national median of $102,140, with a state median of 123,690.

How many Financial Advisors work in New Jersey?

New Jersey employs approximately 6,830 Financial Advisors according to BLS data.

Can I transfer my Financial Advisor license to New Jersey from another state?

Transfer requirements vary by board. License status indicator: Active. Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Who is the licensing agency for Financial Advisors in New Jersey?

The licensing agency is Department of Law and Public Safety / Division of Consumer Affairs / Bureau of Securities. Review agency details at https://www.njconsumeraffairs.gov/bos.