How to Become a Personal Financial Advisors in Idaho
Personal Financial Advisors in Idaho earn a median salary of $94,370/year, which is 10% below the national average. Idaho has a state income tax of ~4.7%. After taxes and rent, a personal financial advisors takes home approximately $4,508/month. Most positions require Bachelor's degree.
What a personal financial advisors can afford in Idaho
Becoming a personal financial advisors in Idaho
Meet education requirements
Personal Financial Advisors positions in Idaho typically require Bachelor's degree. Programs are available at colleges and training institutions across Idaho. Research accredited programs in your area.
Gain required experience
Many personal financial advisors positions in Idaho require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Idaho licensure or certification
Idaho may require specific licensing or professional certification for personal financial advisorss. Requirements vary by state, contact the Idaho Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Idaho
Idaho employs 760 personal financial advisors. The highest concentrations are in Pocatello and Boise City.
Personal Financial Advisors salary by metro area in Idaho
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Pocatello | $120K | $57.61/hr | 40 |
| Boise City | $117K | $56.47/hr | 370 |
| Coeur d'Alene | $74K | $35.68/hr | 70 |
| Idaho Falls | $66K | $31.64/hr | 80 |
| Twin Falls | $65K | $31.09/hr | 30 |
Personal Financial Advisors salary range in Idaho
Personal Financial Advisors careers in other states
Frequently asked questions
How much does a personal financial advisors make in Idaho?▼
The median personal financial advisors salary in Idaho is $94,370 per year ($45.37/hr). This is 10% below the national median of $105,070. Salaries range from $44,500 to $252,340.
What are the requirements to become a personal financial advisors in Idaho?▼
Personal Financial Advisors positions in Idaho typically require Bachelor's degree. Idaho may have specific licensing or certification requirements. Check with the Idaho licensing board or department of labor for current requirements.
Can a personal financial advisors afford to live in Idaho?▼
At the median salary of $94,370, a personal financial advisors in Idaho would take home approximately $5,864/month after taxes. With median 2-bedroom rent at $1,356/month, that's 23.1% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for personal financial advisors in Idaho?▼
The highest paying metro areas for personal financial advisors in Idaho are Pocatello ($119,840), Boise City ($117,460), Coeur d'Alene ($74,210). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.
Does Idaho have state income tax for personal financial advisors?▼
Yes, Idaho has a state income tax rate of approximately 4.7%. On a $94,370 salary, this means roughly $4,411/year in state income tax. Use our take-home pay calculator for a detailed breakdown.