How to Become a Personal Financial Advisors in Arkansas
Personal Financial Advisors in Arkansas earn a median salary of $75,150/year, which is 26% below the national average. Arkansas has a state income tax of ~3.7%. After taxes and rent, a personal financial advisors takes home approximately $3,462/month. Most positions require Bachelor's degree.
What a personal financial advisors can afford in Arkansas
Becoming a personal financial advisors in Arkansas
Meet education requirements
Personal Financial Advisors positions in Arkansas typically require Bachelor's degree. Programs are available at colleges and training institutions across Arkansas. Research accredited programs in your area.
Gain required experience
Many personal financial advisors positions in Arkansas require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Arkansas licensure or certification
Arkansas may require specific licensing or professional certification for personal financial advisorss. Requirements vary by state — contact the Arkansas Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Arkansas
Arkansas employs 1,250 personal financial advisors. The highest concentrations are in Fort Smith and Jonesboro.
Personal Financial Advisors salary by metro area in Arkansas
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Fort Smith | $103K | $49.28/hr | 90 |
| Jonesboro | $80K | $38.64/hr | 40 |
| Little Rock-North Little Rock-Conway | $79K | $37.94/hr | 490 |
| Fayetteville-Springdale-Rogers | $78K | $37.66/hr | 270 |
Personal Financial Advisors salary range in Arkansas
Personal Financial Advisors careers in other states
Frequently asked questions
How much does a personal financial advisors make in Arkansas?▼
The median personal financial advisors salary in Arkansas is $75,150 per year ($36.13/hr). This is 26% below the national median of $102,140. Salaries range from $34,050 to $0.
What are the requirements to become a personal financial advisors in Arkansas?▼
Personal Financial Advisors positions in Arkansas typically require Bachelor's degree. Arkansas may have specific licensing or certification requirements. Check with the Arkansas licensing board or department of labor for current requirements.
Can a personal financial advisors afford to live in Arkansas?▼
At the median salary of $75,150, a personal financial advisors in Arkansas would take home approximately $4,874/month after taxes. With median 2-bedroom rent at $1,412/month, that's 29% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for personal financial advisors in Arkansas?▼
The highest paying metro areas for personal financial advisors in Arkansas are Fort Smith ($102,500), Jonesboro ($80,380), Little Rock-North Little Rock-Conway ($78,920). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Arkansas have state income tax for personal financial advisors?▼
Yes, Arkansas has a state income tax rate of approximately 3.7%. On a $75,150 salary, this means roughly $2,763/year in state income tax. Use our take-home pay calculator for a detailed breakdown.