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Financial Advisor Licensing in Alabama

Review current requirements, exam details, renewal cycle, and salary outlook for financial advisor in Alabama, including See agency and board contact links.

Last verified: Feb 12, 2026

Application Fee

See agency

Exam Requirement

State exam required

Renewal Cycle

See board renewal rules

Licensing Blueprint for Financial Advisor in Alabama

Estimated timeline: 6-24 months

Core Requirements

  • License Type: Register with licensing agency
  • Education: Degree required
  • Examination: State exam required
  • Application Fee: See agency
  • Experience: Affidavit or referral required
  • Background Check: Felony convictions prohibited
  • Continuing Education: Continuing education required to maintain license

Application Snapshot

  1. Licensing Authority

    Alabama Securities Commission

  2. Current Filing Fee

    See agency

  3. Renewal Cycle

    See board renewal rules

  4. Salary Position

    $79,600 median (22% below national)

  5. State Salary Rank

    #40 of 50 states

Step-by-Step Process (4)

  1. 1. Meet baseline eligibility requirements.
  2. 2. Complete approved education/training requirements.
  3. 3. Pass required exam(s) and submit application.
  4. 4. Maintain and renew license according to board rules.

Salary Insights in Alabama

With a median salary of 79,600, Financial Advisors in Alabama earn 22% below the national median of $102,140. Alabama ranks #40 among 50 states. The typical licensing timeline is 6-24 months.

Median annual salary

$79,600

Hourly estimate

$38.27
22% below national median

Difference: -$22,540

Percentile Distribution

Annual compensation
  • P1010th percentile$35,710
  • P2525th percentile$58,560
  • P50Median$79,600
  • P7575th percentile$127,830
  • P9090th percentileN/A

State vs National Median

State: $79,600
National: $102,140

Total employment: 2,320 | Annual openings: N/A

Financial Advisor Salary Ranking

#40 of 50 statesfor Financial Advisor median salary
RankStateMedian Salary
#1New York167,970
#2Idaho136,440
#3California128,650
#4Delaware128,170
#5New Jersey123,690

Nearby States Comparison

Financial Advisor licensing across the region
StateMedian SalaryEducationExamTimeline
Alabama$79,600Degree requiredState exam required6-24 months
Tennessee$89,390Specific course requiredThird-party exam required6-24 months
Georgia$98,490Specific course requiredThird-party exam required6-24 months
Florida$88,040Varies by state boardState-approved exam6-24 months
Mississippi$65,150Specific course requiredState exam required6-24 months

License by Endorsement

Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.

StateReciprocity ScoreTierNotes
Alabama50LowState-specific exam conditions may apply. Documented experience may be required.
Tennessee60MediumState-specific exam conditions may apply. Documented experience may be required.
Georgia25LowLimited or restricted active licensing status. State-specific exam conditions may apply.
Florida72MediumBackground check or criminal history review is indicated.
Mississippi50LowState-specific exam conditions may apply. Documented experience may be required.
  • License status indicator: Active.
  • Continuing education indicator: Continuing education required to maintain license.
  • Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Official Licensing Agency

Alabama Securities Commission

P.O. Box 304700, Montgomery, AL, 36104

Phone: 3342422984

Related Careers in Alabama

ProfessionMedian SalaryEducationTimeline
Architect$94,170Degree required6-24 months
Certified Public Accountant$71,070Degree required6-24 months
Civil Engineer$98,100Degree required6-24 months
Funeral Director$48,450Varies by state board6-24 months

FAQ

How long does it take to become a Financial Advisor in Alabama?

Most applicants finish the licensing path in about 6-24 months, but timing can change based on education track, exam scheduling, and board processing.

What exams are required for Financial Advisors in Alabama?

Alabama lists State exam required as part of the licensure process for Financial Advisors.

What education do you need to become a Financial Advisor in Alabama?

The board typically expects Degree required for Financial Advisor licensure in Alabama.

What is the typical Financial Advisor salary in Alabama?

The median annual salary for Financial Advisors in Alabama is 79,600.

How does the Financial Advisor salary in Alabama compare to the national average?

Financial Advisors in Alabama earn 22% below the national median of $102,140, with a state median of 79,600.

How many Financial Advisors work in Alabama?

Alabama employs approximately 2,320 Financial Advisors according to BLS data.

Can I transfer my Financial Advisor license to Alabama from another state?

Transfer requirements vary by board. License status indicator: Active. Continuing education indicator: Continuing education required to maintain license. Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Who is the licensing agency for Financial Advisors in Alabama?

The licensing agency is Alabama Securities Commission. Review agency details at https://www.asc.alabama.gov/.