Top Financial Advisors in Wayne, NJ

Q: How much does a financial advisor cost in Wayne?

The median advisory fee in Wayne, NJ is 1.38% of assets under management.

Q: How many fee-only advisors are in Wayne?

There are 55 fee-only financial advisors in Wayne, NJ, representing 46.2% of all advisors in the area.

Q: What credentials should I look for in a Wayne financial advisor?

The most common professional designation among Wayne advisors is the CFP (Certified Financial Planner), held by 17 advisors.

55 fee-only17 CFP certifiedMedian fee: 1.38% on $500K

Top Advisors in Wayne

CFP

Median Advisor Fee

Wayne1.38%

National1.15%

20% above the national median

Portfolio: $500K

$0$500K$1M$5M$20M

Compensation Types

Fee-Only46.2%

Includes Commission53.8%

Top Credentials

CFP17 advisors

CFA3 advisors

Frequently Asked Questions

How much does a financial advisor cost in Wayne?

The median advisory fee in Wayne, NJ is 1.38% of assets under management. This is 20% above the national median. Fees vary based on portfolio size, services provided, and the advisor's fee structure.

How many fee-only advisors are in Wayne?

There are 55 fee-only financial advisors in Wayne, NJ, representing 46.2% of all advisors in the area. Fee-only advisors do not earn commissions from selling financial products, which can reduce potential conflicts of interest.

What credentials should I look for in a Wayne financial advisor?

The most common professional designation among Wayne advisors is the CFP (Certified Financial Planner), held by 17 advisors. Other important credentials include the CFA (Chartered Financial Analyst) and CPA (Certified Public Accountant). These certifications require rigorous education, examination, and ongoing continuing education.