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Financial Advisor Licensing in Missouri

Review current requirements, exam details, renewal cycle, and salary outlook for financial advisor in Missouri, 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 Missouri

Estimated timeline: 6-24 months

Core Requirements

  • License Type: Register with licensing agency
  • Education: Varies by state board
  • Examination: State-approved exam
  • Application Fee: See agency

Application Snapshot

  1. Licensing Authority

    Missouri Department of Commerce and Insurance • Division Of Professional Registration • Missouri State Board of Embalmers & Funeral Directors

  2. Current Filing Fee

    See agency

  3. Renewal Cycle

    See board renewal rules

  4. Salary Position

    $84,040 median (18% below national)

  5. State Salary Rank

    #32 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 Missouri

With a median salary of 84,040, Financial Advisors in Missouri earn 18% below the national median of $102,140. Missouri ranks #32 among 50 states. The typical licensing timeline is 6-24 months.

Median annual salary

$84,040

Hourly estimate

$40.40
18% below national median

Difference: -$18,100

Percentile Distribution

Annual compensation
  • P1010th percentile$49,730
  • P2525th percentile$62,230
  • P50Median$84,040
  • P7575th percentile$169,610
  • P9090th percentile$219,410

State vs National Median

State: $84,040
National: $102,140

Total employment: 4,860 | Annual openings: N/A

Financial Advisor Salary Ranking

#32 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
Missouri$84,040Varies by state boardState-approved exam6-24 months
Iowa$81,790Specific course requiredBoth state and third-party exams required6-24 months
Illinois$104,310Varies by state boardState-approved exam6-24 months
Kentucky$79,100Varies by state boardState-approved exam6-24 months
Tennessee$89,390Specific course requiredThird-party exam required6-24 months
Arkansas$75,150Varies by state boardState-approved exam6-24 months
Oklahoma$73,020Varies by state boardState-approved exam6-24 months
Kansas$100,810Varies by state boardThird-party exam required6-24 months
Nebraska$74,040Varies by state boardState-approved exam6-24 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
Missouri78HighBoard-specific review required.
Iowa56MediumState-specific exam conditions may apply. Documented experience may be required.
Illinois72MediumBackground check or criminal history review is indicated.
Kentucky78HighBoard-specific review required.
Tennessee60MediumState-specific exam conditions may apply. Documented experience may be required.
Arkansas78HighBoard-specific review required.
  • License status indicator: Active.
  • Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Official Licensing Agency

Missouri Department of Commerce and Insurance • Division Of Professional Registration • Missouri State Board of Embalmers & Funeral Directors

3605 Missouri Boulevard, P.O. Box 423, Jefferson City, MO, 65102-0423

Phone: 5737510813ext8007352966

Related Careers in Missouri

ProfessionMedian SalaryEducationTimeline
Architect$97,970Degree required6-24 months
Certified Public Accountant$73,210No educational requirements6-24 months
Civil Engineer$93,020Varies by state board6-24 months
Funeral Director$44,830Degree required6-24 months

FAQ

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

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 Missouri?

The median annual salary for Financial Advisors in Missouri is 84,040. Salaries range from $49,730 (10th percentile) to $219,410 (90th percentile).

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

Financial Advisors in Missouri earn 18% below the national median of $102,140, with a state median of 84,040.

How many Financial Advisors work in Missouri?

Missouri employs approximately 4,860 Financial Advisors according to BLS data.

Can I transfer my Financial Advisor license to Missouri 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 Missouri?

The licensing agency is Missouri Department of Commerce and Insurance / Division Of Professional Registration / Missouri State Board of Embalmers & Funeral Directors. Review agency details at http://pr.mo.gov/embalmers.asp.