Application Fee
See agencyVerified by ND Board of Business
Financial Advisor Licensing in North Dakota
Review current requirements, exam details, renewal cycle, and salary outlook for financial advisor in North Dakota, including See agency and board contact links.
Last verified: Feb 12, 2026
Exam Requirement
Third-party exam requiredRenewal Cycle
See board renewal rulesLicensing Blueprint for Financial Advisor in North Dakota
Estimated timeline: 6-24 monthsCore Requirements
- License Type: Register with licensing agency
- Education: No educational requirements
- Examination: Third-party exam required
- Application Fee: See agency
- Experience: No experience required
- Background Check: Background check required
- Continuing Education: No continuing education requirement to maintain license
Application Snapshot
- Licensing Authority
ND Securities Department
- Current Filing Fee
See agency
- Renewal Cycle
See board renewal rules
- Salary Position
$98,990 median (3% below national)
- State Salary Rank
#22 of 50 states
Step-by-Step Process (4)
- 1. Meet baseline eligibility requirements.
- 2. Complete approved education/training requirements.
- 3. Pass required exam(s) and submit application.
- 4. Maintain and renew license according to board rules.
Salary Insights in North Dakota
With a median salary of 98,990, Financial Advisors in North Dakota earn 3% below the national median of $102,140. North Dakota ranks #22 among 50 states. The typical licensing timeline is 6-24 months.
Median annual salary
$98,990Hourly estimate
$47.593% below national median
Difference: -$3,150
Percentile Distribution
Annual compensationFinancial Advisor Salary Ranking
#22 of 50 statesfor Financial Advisor median salary
| Rank | State | Median Salary |
|---|---|---|
| #1 | New York | 167,970 |
| #2 | Idaho | 136,440 |
| #3 | California | 128,650 |
| #4 | Delaware | 128,170 |
| #5 | New Jersey | 123,690 |
Nearby States Comparison
Financial Advisor licensing across the region| State | Median Salary | Education | Exam | Timeline |
|---|---|---|---|---|
| North Dakota | $98,990 | No educational requirements | Third-party exam required | 6-24 months |
| Minnesota | $94,420 | Varies by state board | State-approved exam | 6-24 months |
| South Dakota | $123,380 | Varies by state board | State-approved exam | 6-24 months |
| Montana | $96,670 | Varies by state board | State-approved exam | 6-24 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.
| State | Reciprocity Score | Tier | Notes |
|---|---|---|---|
| North Dakota | 54 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Minnesota | 78 | High | Board-specific review required. |
| South Dakota | 78 | High | Board-specific review required. |
| Montana | 78 | High | Board-specific review required. |
- License status indicator: Active.
- Continuing education indicator: No continuing education requirement to maintain license.
- Reciprocity and transfer rules vary by state board. Verify directly with the agency.
Official Licensing Agency
ND Securities Department
600 E Boulevard Ave 5th Fl, Bismarck, ND, 58505-0510
Phone: 7013282910
Related Careers in North Dakota
| Profession | Median Salary | Education | Timeline |
|---|---|---|---|
| Architect | $77,640 | Degree required | 6-24 months |
| Certified Public Accountant | $72,180 | Degree required | 6-24 months |
| Civil Engineer | $96,160 | Degree required | 6-24 months |
| Funeral Director | $76,720 | Degree required | 6-24 months |
FAQ
How long does it take to become a Financial Advisor in North Dakota?
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 North Dakota?
North Dakota lists Third-party exam required as part of the licensure process for Financial Advisors.
What education do you need to become a Financial Advisor in North Dakota?
The board typically expects No educational requirements for Financial Advisor licensure in North Dakota.
What is the typical Financial Advisor salary in North Dakota?
The median annual salary for Financial Advisors in North Dakota is 98,990. Salaries range from $55,850 (10th percentile) to $217,370 (90th percentile).
How does the Financial Advisor salary in North Dakota compare to the national average?
Financial Advisors in North Dakota earn 3% below the national median of $102,140, with a state median of 98,990.
How many Financial Advisors work in North Dakota?
North Dakota employs approximately 480 Financial Advisors according to BLS data.
Can I transfer my Financial Advisor license to North Dakota from another state?
Transfer requirements vary by board. License status indicator: Active. Continuing education indicator: No continuing education requirement 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 North Dakota?
The licensing agency is ND Securities Department. Review agency details at https://www.securities.nd.gov/.