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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 12, 2026

Application Fee

See agency

Exam Requirement

State-approved exam

Renewal Cycle

See board renewal rules

Licensing Blueprint for Financial Advisor in Connecticut

Estimated timeline: 6-24 months

Core Requirements

  • License Type: Stand-alone license
  • Education: Varies by state board
  • Examination: State-approved exam
  • Application Fee: See agency

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 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 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 6-24 months.

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 York167,970
#2Idaho136,440
#3California128,650
#4Delaware128,170
#5New Jersey123,690

Nearby States Comparison

Financial Advisor licensing across the region
StateMedian SalaryEducationExamTimeline
Connecticut$107,030Varies by state boardState-approved exam6-24 months
Massachusetts$101,320Varies by state boardState-approved exam6-24 months
Rhode Island$100,880Varies by state boardState-approved exam6-24 months
New York$167,970No educational requirementsThird-party 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
Connecticut78HighBoard-specific review required.
Massachusetts72MediumBackground check or criminal history review is indicated.
Rhode Island72MediumBackground check or criminal history review is indicated.
New York54LowState-specific exam conditions may apply. Documented experience may be required.
  • License status indicator: Active.
  • Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Official Licensing Agency

Department of Insurance

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

Phone: N/A

Related Careers in Connecticut

ProfessionMedian SalaryEducationTimeline
Architect$105,200Degree required6-24 months
Certified Public Accountant$89,630No educational requirements6-24 months
Civil Engineer$101,800Degree required6-24 months
Funeral Director$54,590No educational requirements6-24 months

FAQ

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

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 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. License status indicator: Active. 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.