How to Become a Personal Financial Advisors in Florida
Personal Financial Advisors in Florida earn a median salary of $100,970/year, which is 4% below the national average. Florida has no state income tax. After taxes and rent, a personal financial advisors takes home approximately $4,574/month. Most positions require Bachelor's degree.
What a personal financial advisors can afford in Florida
Becoming a personal financial advisors in Florida
Meet education requirements
Personal Financial Advisors positions in Florida typically require Bachelor's degree. Programs are available at colleges and training institutions across Florida. Research accredited programs in your area.
Gain required experience
Many personal financial advisors positions in Florida require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Florida licensure or certification
Florida may require specific licensing or professional certification for personal financial advisorss. Requirements vary by state, contact the Florida Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Florida
Florida employs 21,490 personal financial advisors. The highest concentrations are in Miami-Fort Lauderdale-West Palm Beach and Naples-Marco Island.
Personal Financial Advisors salary by metro area in Florida
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Miami-Fort Lauderdale-West Palm Beach | $126K | $60.42/hr | 8,390 |
| Naples-Marco Island | $121K | $58.18/hr | 500 |
| Gainesville | $116K | $55.99/hr | 120 |
| Sebastian-Vero Beach-West Vero Corridor | $106K | $50.91/hr | 190 |
| Port St. Lucie | $103K | $49.73/hr | 220 |
| Jacksonville | $101K | $48.79/hr | 1,840 |
| Homosassa Springs | $101K | $48.63/hr | 40 |
| Cape Coral-Fort Myers | $99K | $47.63/hr | 280 |
| Orlando-Kissimmee-Sanford | $99K | $47.45/hr | 2,100 |
| Punta Gorda | $97K | $46.77/hr | 50 |
| Tallahassee | $96K | $46.24/hr | 190 |
| Wildwood-The Villages | $96K | $46.06/hr | 130 |
| Panama City-Panama City Beach | $94K | $45.37/hr | 100 |
| Deltona-Daytona Beach-Ormond Beach | $93K | $44.92/hr | 270 |
| Ocala | $84K | $40.18/hr | 150 |
Personal Financial Advisors salary range in Florida
Personal Financial Advisors careers in other states
Frequently asked questions
How much does a personal financial advisors make in Florida?▼
The median personal financial advisors salary in Florida is $100,970 per year ($48.54/hr). This is 4% below the national median of $105,070. Salaries range from $48,950 to $395,370.
What are the requirements to become a personal financial advisors in Florida?▼
Personal Financial Advisors positions in Florida typically require Bachelor's degree. Florida may have specific licensing or certification requirements. Check with the Florida licensing board or department of labor for current requirements.
Can a personal financial advisors afford to live in Florida?▼
At the median salary of $100,970, a personal financial advisors in Florida would take home approximately $6,618/month after taxes. With median 2-bedroom rent at $2,044/month, that's 30.9% of take-home pay going to housing. This exceeds the recommended 30% guideline.
What are the best cities for personal financial advisors in Florida?▼
The highest paying metro areas for personal financial advisors in Florida are Miami-Fort Lauderdale-West Palm Beach ($125,670), Naples-Marco Island ($121,000), Gainesville ($116,470). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.
Does Florida have state income tax for personal financial advisors?▼
No, Florida does not have a state income tax. This means personal financial advisors keep more of their gross salary compared to states with income tax, a significant advantage for affordability.
