CredentialCompassJump to FAQ
Verified by CT Board of Business

Financial Advisor Licensing in Connecticut

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

Last verified: Feb 17, 2026

Current

Application Fee

See agency

Exam Requirement

State-approved exam

Renewal Cycle

See board renewal rules

Licensing Blueprint for Financial Advisor in Connecticut

Estimated timeline: Varies by board

Core Requirements

  1. 1

    Education: Varies by state board.

  2. 2

    License Type: Stand-alone license.

Exam and processing details

  • State-approved exam

Application Snapshot

  1. Licensing Authority

    Department of Insurance

  2. Current Filing Fee

    See agency

  3. Renewal Cycle

    See board renewal rules

  4. Salary Position

    $107,030 median (5% above national)

  5. State Salary Rank

    #10 of 50 states

Step-by-Step Process (4)

  1. 1. Meet Connecticut eligibility requirements for Financial Advisor licensure.
  2. 2. Complete required education or training (Education: Varies by state board.).
  3. 3. Pass required examination steps: State-approved exam.
  4. 4. Submit the application to Department of Insurance and monitor board communications.

Salary Insights in Connecticut

With a median salary of $107,030, Financial Advisors in Connecticut earn 5% above the national median of $102,140. Connecticut ranks #10 among 50 states. The typical licensing timeline is Varies by board.

State Hiring Climate (QCEW)

Rising

QoQ Employment Change

+1.9%

Average Weekly Wage

$1,619

Median annual salary

$107,030

Hourly estimate

$51.46
5% above national median

Difference: +$4,890

Percentile Distribution

Annual compensation
  • P1010th percentile$52,900
  • P2525th percentile$77,670
  • P50Median$107,030
  • P7575th percentile$164,130
  • P9090th percentileN/A

State vs National Median

State: $107,030
National: $102,140

Total employment: 3,990 | Annual openings: N/A

Financial Advisor Salary Ranking

#10 of 50 statesfor Financial Advisor median salary
RankStateMedian Salary
#1New York$167,970
#2Idaho$136,440
#3California$128,650
#4Delaware$128,170
#5New Jersey$123,690

Nearby States Comparison

Financial Advisor licensing across the region
StateMedian SalaryEducationExamTimeline
Connecticut$107,030Varies by state boardState-approved examVaries by board
Massachusetts$101,320Varies by state boardState-approved examVaries by board
Rhode Island$100,880Varies by state boardState-approved examVaries by board
New York$167,970No educational requirementsThird-party exam requiredVaries by board

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
Connecticut78HighBoard-specific review required.
Massachusetts78HighBoard-specific review required.
Rhode Island78HighBoard-specific review required.
New York68MediumState-specific exam conditions may apply.
  • Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Official Licensing Agency

Official website verified

Department of Insurance

153 Market Street, PO Box 816, Hartford, CT, 06142

Phone: N/A

Related Careers in Connecticut

ProfessionMedian SalaryEducationTimeline
Architect$105,200Degree requiredVaries by board
Audio and Video Technicians$63,000No educational requirementsVaries by board
Certified Public Accountant$89,630No educational requirementsVaries by board
Civil Engineer$101,800Degree requiredVaries by board

FAQ

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

Most applicants finish the licensing path in about Varies by board, but timing can change based on education track, exam scheduling, and board processing.

What is the typical Financial Advisor salary in Connecticut?

The median annual salary for Financial Advisors in Connecticut is $107,030.

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

Financial Advisors in Connecticut earn 5% above the national median of $102,140, with a state median of $107,030.

How many Financial Advisors work in Connecticut?

Connecticut employs approximately 3,990 Financial Advisors according to BLS data.

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

Transfer requirements vary by board. Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Who is the licensing agency for Financial Advisors in Connecticut?

The licensing agency is Department of Insurance. Review agency details at http://www.ct.gov/cid.

How often do you renew a Financial Advisor license in Connecticut?

Current guidance indicates a renewal cycle of See board renewal rules.