How to Become a Personal Financial Advisors in Virginia
Personal Financial Advisors in Virginia earn a median salary of $102,640/year, which is 2% below the national average. Virginia has a state income tax of ~5.2%. After taxes and rent, a personal financial advisors takes home approximately $3,455/month. Most positions require Bachelor's degree.
What a personal financial advisors can afford in Virginia
Becoming a personal financial advisors in Virginia
Meet education requirements
Personal Financial Advisors positions in Virginia typically require Bachelor's degree. Programs are available at colleges and training institutions across Virginia. Research accredited programs in your area.
Gain required experience
Many personal financial advisors positions in Virginia require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Virginia licensure or certification
Virginia may require specific licensing or professional certification for personal financial advisorss. Requirements vary by state, contact the Virginia Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Virginia
Virginia employs 6,340 personal financial advisors. The highest concentrations are in Staunton-Stuarts Draft and Charlottesville.
Personal Financial Advisors salary by metro area in Virginia
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Staunton-Stuarts Draft | $134K | $64.38/hr | 40 |
| Charlottesville | $127K | $61.03/hr | 200 |
| Richmond | $111K | $53.32/hr | 1,350 |
| Roanoke | $92K | $44.08/hr | 150 |
| Lynchburg | $90K | $43.1/hr | 120 |
| Harrisonburg | $89K | $42.69/hr | 50 |
| Blacksburg-Christiansburg-Radford | $79K | $37.76/hr | 30 |
| Winchester | $60K | $28.84/hr | 110 |
Personal Financial Advisors salary range in Virginia
Personal Financial Advisors careers in other states
Frequently asked questions
How much does a personal financial advisors make in Virginia?▼
The median personal financial advisors salary in Virginia is $102,640 per year ($49.35/hr). This is 2% below the national median of $105,070. Salaries range from $51,440 to $420,980.
What are the requirements to become a personal financial advisors in Virginia?▼
Personal Financial Advisors positions in Virginia typically require Bachelor's degree. Virginia may have specific licensing or certification requirements. Check with the Virginia licensing board or department of labor for current requirements.
Can a personal financial advisors afford to live in Virginia?▼
At the median salary of $102,640, a personal financial advisors in Virginia would take home approximately $6,267/month after taxes. With median 2-bedroom rent at $2,812/month, that's 44.9% of take-home pay going to housing. This exceeds the recommended 30% guideline.
What are the best cities for personal financial advisors in Virginia?▼
The highest paying metro areas for personal financial advisors in Virginia are Staunton-Stuarts Draft ($133,900), Charlottesville ($126,940), Richmond ($110,910). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.
Does Virginia have state income tax for personal financial advisors?▼
Yes, Virginia has a state income tax rate of approximately 5.2%. On a $102,640 salary, this means roughly $5,386/year in state income tax. Use our take-home pay calculator for a detailed breakdown.