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As of August 01, 2026, the average salary for a Senior Managing Director in New Jersey is $115,038 per year, which breaks down to an hourly rate of $55.
However, a Senior Managing Director's salary can vary significantly. Here’s a look at the typical salary range:
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Senior Managing Director Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $123,012 | $10,251 | $2,366 | $59 |
| Average | $115,038 | $9,586 | $2,212 | $55 |
| 25th Percentile | $98,043 | $8,170 | $1,885 | $47 |
FinPro, Inc. - Somerville, NJ
DLA Piper - Short Hills, NJ
HUNRATH NAPOLITANO QUIGLEY & TAYLOR LLC - Maywood, NJ
WealthBridge Financial Group - Morristown, NJ
A Senior Managing Director's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Senior Managing Director's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Member Re... Level Senior Managing Director | $65,337 |
| Chapter R... Level Senior Managing Director | $107,656 |
| Membershi... Level Senior Managing Director | $84,623 |
| Senior Ma... Level Senior Managing Director | $116,218 |
| VP of Mem... Level Senior Managing Director | $164,787 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Senior Managing Directors. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Senior Managing Director roles, the industry you choose can impact your earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Business Services, offers compensation 30% above the average. Conversely, Senior Managing Director positions in Healthcare typically offer lower base pay, as this sector often view Senior Managing Director as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Business Services | $149,549 | $72.0 | 30% |
Understanding how a Senior Managing Director's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $123,012 | $10,251 | $2,366 | $59 |
| Average | $115,038 | $9,586 | $2,212 | $55 |
| 25th Percentile | $98,043 | $8,170 | $1,885 | $47 |
Ready to take the next step in your career? Browse thousands of current Senior Managing Director job openings on our job board. Use the search bar below to find your perfect match.
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