Portfolio management & investment advice in New Jersey 2,310 establishments · 15,687 employees · 2024

Firms (NJ)
2,310
Employment
15,687
Avg Annual Pay
$235,105
State Rank
#13 of 52

How New Jersey compares to national

MetricNew JerseyNationalNew Jersey vs. U.S.
Establishments2,31088,2342.6% of U.S. total
Avg annual pay$235,105$288,633-$53,528 (-18.5%)
Location quotient0.971.003% less dense than national
Avg firm size (employees)6.85.7
Year-over-year firm growth-1.8%

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An establishment is a single physical location where business is conducted. A firm with multiple locations counts as multiple establishments. "Avg pay" is wages and salaries per employee, including bonuses and tips — for proprietorships, the owner's take is largely outside this number. The location quotient (LQ) of 0.97 means portfolio management & investment advice are 3% under-represented in New Jersey's business mix relative to the U.S. average.

Top 10 states for portfolio management & investment advice

RankStateFirmsAvg Pay
1 California 10,810 $337,410
2 Texas 7,101 $211,118
3 Florida 6,996 $265,042
4 New York 6,590 $506,827
5 North Carolina 3,991 $188,787
6 Pennsylvania 3,264 $186,374
7 Illinois 3,037 $311,287
8 Colorado 2,854 $193,926
9 Ohio 2,779 $161,055
10 Georgia 2,382 $204,326
Source. BLS Quarterly Census of Employment and Wages — 2024 annual averages, private-ownership only, NAICS 523940. Establishment counts include any firm with at least one paid employee covered by state unemployment insurance.

SMB Density · firm counts, employment, and wages by industry × state · data from BLS QCEW 2024 annual (private ownership, state-level; mostly 6-digit NAICS, 3 specialty-trade industries at 5-digit aggregation) · data.json