How to Become a Personal Financial Advisors in Pennsylvania
Personal Financial Advisors in Pennsylvania earn a median salary of $105,200/year, which is 0% above the national average. Pennsylvania has a state income tax of ~3.1%. After taxes and rent, a personal financial advisors takes home approximately $5,360/month. Most positions require Bachelor's degree.
What a personal financial advisors can afford in Pennsylvania
Becoming a personal financial advisors in Pennsylvania
Meet education requirements
Personal Financial Advisors positions in Pennsylvania typically require Bachelor's degree. Programs are available at colleges and training institutions across Pennsylvania. Research accredited programs in your area.
Gain required experience
Many personal financial advisors positions in Pennsylvania require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Pennsylvania licensure or certification
Pennsylvania may require specific licensing or professional certification for personal financial advisorss. Requirements vary by state, contact the Pennsylvania Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Pennsylvania
Pennsylvania employs 12,200 personal financial advisors. The highest concentrations are in Altoona and Allentown-Bethlehem-Easton.
Personal Financial Advisors salary by metro area in Pennsylvania
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Altoona | $126K | $60.49/hr | 40 |
| Allentown-Bethlehem-Easton | $122K | $58.85/hr | 420 |
| Philadelphia-Camden-Wilmington | $117K | $56.04/hr | 7,390 |
| Pittsburgh | $116K | $55.58/hr | 2,030 |
| York-Hanover | $116K | $55.55/hr | 130 |
| Harrisburg-Carlisle | $112K | $54.06/hr | 420 |
| Scranton--Wilkes-Barre | $103K | $49.61/hr | 280 |
| Williamsport | $100K | $48.13/hr | 60 |
| Lancaster | $100K | $47.99/hr | 360 |
| Reading | $99K | $47.65/hr | 220 |
| State College | $98K | $47.31/hr | 140 |
| Erie | $97K | $46.81/hr | 100 |
| Johnstown | $95K | $45.79/hr | 60 |
| Chambersburg | $82K | $39.27/hr | 50 |
Personal Financial Advisors salary range in Pennsylvania
Personal Financial Advisors careers in other states
Frequently asked questions
How much does a personal financial advisors make in Pennsylvania?▼
The median personal financial advisors salary in Pennsylvania is $105,200 per year ($50.58/hr). This is 0% above the national median of $105,070. Salaries range from $59,960 to $392,900.
What are the requirements to become a personal financial advisors in Pennsylvania?▼
Personal Financial Advisors positions in Pennsylvania typically require Bachelor's degree. Pennsylvania may have specific licensing or certification requirements. Check with the Pennsylvania licensing board or department of labor for current requirements.
Can a personal financial advisors afford to live in Pennsylvania?▼
At the median salary of $105,200, a personal financial advisors in Pennsylvania would take home approximately $6,597/month after taxes. With median 2-bedroom rent at $1,237/month, that's 18.8% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for personal financial advisors in Pennsylvania?▼
The highest paying metro areas for personal financial advisors in Pennsylvania are Altoona ($125,820), Allentown-Bethlehem-Easton ($122,420), Philadelphia-Camden-Wilmington ($116,560). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.
Does Pennsylvania have state income tax for personal financial advisors?▼
Yes, Pennsylvania has a state income tax rate of approximately 3.1%. On a $105,200 salary, this means roughly $3,230/year in state income tax. Use our take-home pay calculator for a detailed breakdown.