How to Become a Personal Financial Advisors in Missouri
Personal Financial Advisors in Missouri earn a median salary of $84,040/year, which is 18% below the national average. Missouri has a state income tax of ~3.8%. After taxes and rent, a personal financial advisors takes home approximately $3,945/month. Most positions require Bachelor's degree.
What a personal financial advisors can afford in Missouri
Becoming a personal financial advisors in Missouri
Meet education requirements
Personal Financial Advisors positions in Missouri typically require Bachelor's degree. Programs are available at colleges and training institutions across Missouri. Research accredited programs in your area.
Gain required experience
Many personal financial advisors positions in Missouri require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Missouri licensure or certification
Missouri may require specific licensing or professional certification for personal financial advisorss. Requirements vary by state — contact the Missouri Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Missouri
Missouri employs 4,860 personal financial advisors. The highest concentrations are in Springfield and Columbia.
Personal Financial Advisors salary by metro area in Missouri
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Springfield | $108K | $52.13/hr | 160 |
| Columbia | $108K | $52.01/hr | 80 |
| Kansas City | $105K | $50.48/hr | 2,820 |
| Joplin | $83K | $39.8/hr | 50 |
| St. Louis | $79K | $37.96/hr | 2,660 |
| Cape Girardeau | $76K | $36.32/hr | 50 |
Personal Financial Advisors salary range in Missouri
Personal Financial Advisors careers in other states
Frequently asked questions
How much does a personal financial advisors make in Missouri?▼
The median personal financial advisors salary in Missouri is $84,040 per year ($40.4/hr). This is 18% below the national median of $102,140. Salaries range from $49,730 to $219,410.
What are the requirements to become a personal financial advisors in Missouri?▼
Personal Financial Advisors positions in Missouri typically require Bachelor's degree. Missouri may have specific licensing or certification requirements. Check with the Missouri licensing board or department of labor for current requirements.
Can a personal financial advisors afford to live in Missouri?▼
At the median salary of $84,040, a personal financial advisors in Missouri would take home approximately $5,357/month after taxes. With median 2-bedroom rent at $1,412/month, that's 26.4% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for personal financial advisors in Missouri?▼
The highest paying metro areas for personal financial advisors in Missouri are Springfield ($108,420), Columbia ($108,180), Kansas City ($104,990). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Missouri have state income tax for personal financial advisors?▼
Yes, Missouri has a state income tax rate of approximately 3.8%. On a $84,040 salary, this means roughly $3,221/year in state income tax. Use our take-home pay calculator for a detailed breakdown.