How to Become a Personal Financial Advisors in Mississippi
Personal Financial Advisors in Mississippi earn a median salary of $65,150/year, which is 36% below the national average. Mississippi has a state income tax of ~4.7%. After taxes and rent, a personal financial advisors takes home approximately $2,851/month. Most positions require Bachelor's degree.
What a personal financial advisors can afford in Mississippi
Becoming a personal financial advisors in Mississippi
Meet education requirements
Personal Financial Advisors positions in Mississippi typically require Bachelor's degree. Programs are available at colleges and training institutions across Mississippi. Research accredited programs in your area.
Gain required experience
Many personal financial advisors positions in Mississippi require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Mississippi licensure or certification
Mississippi may require specific licensing or professional certification for personal financial advisorss. Requirements vary by state — contact the Mississippi Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Mississippi
Mississippi employs 870 personal financial advisors. The highest concentrations are in Jackson and Hattiesburg.
Personal Financial Advisors salary by metro area in Mississippi
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Jackson | $79K | $37.76/hr | 360 |
| Hattiesburg | $57K | $27.47/hr | 60 |
| Gulfport-Biloxi | $53K | $25.4/hr | 100 |
Personal Financial Advisors salary range in Mississippi
Personal Financial Advisors careers in other states
Frequently asked questions
How much does a personal financial advisors make in Mississippi?▼
The median personal financial advisors salary in Mississippi is $65,150 per year ($31.32/hr). This is 36% below the national median of $102,140. Salaries range from $40,110 to $0.
What are the requirements to become a personal financial advisors in Mississippi?▼
Personal Financial Advisors positions in Mississippi typically require Bachelor's degree. Mississippi may have specific licensing or certification requirements. Check with the Mississippi licensing board or department of labor for current requirements.
Can a personal financial advisors afford to live in Mississippi?▼
At the median salary of $65,150, a personal financial advisors in Mississippi would take home approximately $4,263/month after taxes. With median 2-bedroom rent at $1,412/month, that's 33.1% of take-home pay going to housing. This exceeds the recommended 30% guideline.
What are the best cities for personal financial advisors in Mississippi?▼
The highest paying metro areas for personal financial advisors in Mississippi are Jackson ($78,530), Hattiesburg ($57,140), Gulfport-Biloxi ($52,830). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Mississippi have state income tax for personal financial advisors?▼
Yes, Mississippi has a state income tax rate of approximately 4.7%. On a $65,150 salary, this means roughly $3,062/year in state income tax. Use our take-home pay calculator for a detailed breakdown.