How to Become a Personal Financial Advisors in Washington
Personal Financial Advisors in Washington earn a median salary of $114,050/year, which is 9% above the national average. Washington has no state income tax. After taxes and rent, a personal financial advisors takes home approximately $3,980/month. Most positions require Bachelor's degree.
What a personal financial advisors can afford in Washington
Becoming a personal financial advisors in Washington
Meet education requirements
Personal Financial Advisors positions in Washington typically require Bachelor's degree. Programs are available at colleges and training institutions across Washington. Research accredited programs in your area.
Gain required experience
Many personal financial advisors positions in Washington require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Washington licensure or certification
Washington may require specific licensing or professional certification for personal financial advisorss. Requirements vary by state, contact the Washington Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Washington
Washington employs 5,790 personal financial advisors. The highest concentrations are in Seattle-Tacoma-Bellevue and Bremerton-Silverdale-Port Orchard.
Personal Financial Advisors salary by metro area in Washington
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Seattle-Tacoma-Bellevue | $115K | $55.07/hr | 3,940 |
| Bremerton-Silverdale-Port Orchard | $104K | $49.78/hr | 80 |
| Bellingham | $103K | $49.72/hr | 170 |
| Kennewick-Richland | $102K | $49/hr | 80 |
| Spokane-Spokane Valley | $99K | $47.77/hr | 250 |
| Wenatchee-East Wenatchee | $96K | $46.23/hr | 40 |
| Yakima | $80K | $38.34/hr | 60 |
| Olympia-Lacey-Tumwater | $77K | $36.99/hr | 110 |
Personal Financial Advisors salary range in Washington
Personal Financial Advisors careers in other states
Frequently asked questions
How much does a personal financial advisors make in Washington?▼
The median personal financial advisors salary in Washington is $114,050 per year ($54.83/hr). This is 9% above the national median of $105,070. Salaries range from $58,650 to $344,850.
What are the requirements to become a personal financial advisors in Washington?▼
Personal Financial Advisors positions in Washington typically require Bachelor's degree. Washington may have specific licensing or certification requirements. Check with the Washington licensing board or department of labor for current requirements.
Can a personal financial advisors afford to live in Washington?▼
At the median salary of $114,050, a personal financial advisors in Washington would take home approximately $7,385/month after taxes. With median 2-bedroom rent at $3,405/month, that's 46.1% of take-home pay going to housing. This exceeds the recommended 30% guideline.
What are the best cities for personal financial advisors in Washington?▼
The highest paying metro areas for personal financial advisors in Washington are Seattle-Tacoma-Bellevue ($114,540), Bremerton-Silverdale-Port Orchard ($103,550), Bellingham ($103,410). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.
Does Washington have state income tax for personal financial advisors?▼
No, Washington does not have a state income tax. This means personal financial advisors keep more of their gross salary compared to states with income tax, a significant advantage for affordability.