How to Become a Personal Financial Advisors in Colorado
Personal Financial Advisors in Colorado earn a median salary of $89,280/year, which is 15% below the national average. Colorado has a state income tax of ~4.4%. After taxes and rent, a personal financial advisors takes home approximately $3,562/month. Most positions require Bachelor's degree.
What a personal financial advisors can afford in Colorado
Becoming a personal financial advisors in Colorado
Meet education requirements
Personal Financial Advisors positions in Colorado typically require Bachelor's degree. Programs are available at colleges and training institutions across Colorado. Research accredited programs in your area.
Gain required experience
Many personal financial advisors positions in Colorado require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Colorado licensure or certification
Colorado may require specific licensing or professional certification for personal financial advisorss. Requirements vary by state, contact the Colorado Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Colorado
Colorado employs 6,730 personal financial advisors. The highest concentrations are in Grand Junction and Greeley.
Personal Financial Advisors salary by metro area in Colorado
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Grand Junction | $104K | $50.14/hr | , |
| Greeley | $103K | $49.35/hr | 60 |
| Denver-Aurora-Centennial | $99K | $47.47/hr | 4,700 |
| Boulder | $83K | $39.94/hr | 610 |
| Colorado Springs | $72K | $34.82/hr | , |
| Fort Collins-Loveland | $66K | $31.93/hr | 150 |
Personal Financial Advisors salary range in Colorado
Personal Financial Advisors careers in other states
Frequently asked questions
How much does a personal financial advisors make in Colorado?▼
The median personal financial advisors salary in Colorado is $89,280 per year ($42.92/hr). This is 15% below the national median of $105,070. Salaries range from $57,020 to $269,500.
What are the requirements to become a personal financial advisors in Colorado?▼
Personal Financial Advisors positions in Colorado typically require Bachelor's degree. Colorado may have specific licensing or certification requirements. Check with the Colorado licensing board or department of labor for current requirements.
Can a personal financial advisors afford to live in Colorado?▼
At the median salary of $89,280, a personal financial advisors in Colorado would take home approximately $5,606/month after taxes. With median 2-bedroom rent at $2,044/month, that's 36.5% of take-home pay going to housing. This exceeds the recommended 30% guideline.
What are the best cities for personal financial advisors in Colorado?▼
The highest paying metro areas for personal financial advisors in Colorado are Grand Junction ($104,280), Greeley ($102,640), Denver-Aurora-Centennial ($98,740). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.
Does Colorado have state income tax for personal financial advisors?▼
Yes, Colorado has a state income tax rate of approximately 4.4%. On a $89,280 salary, this means roughly $3,928/year in state income tax. Use our take-home pay calculator for a detailed breakdown.