Application Fee
See agencyVerified by RI Board of Business
Financial Advisor Licensing in Rhode Island
Review current requirements, exam details, renewal cycle, and salary outlook for financial advisor in Rhode Island, including See agency and board contact links.
Last verified: Feb 17, 2026
Current
Exam Requirement
State-approved examRenewal Cycle
See board renewal rulesLicensing Blueprint for Financial Advisor in Rhode Island
Estimated timeline: Varies by boardCore Requirements
- 1
Education: Varies by state board.
- 2
License Type: Stand-alone license.
Exam and processing details
- State-approved exam
Application Snapshot
- Licensing Authority
RI Department of Business Regulation • Division of Securities
- Current Filing Fee
See agency
- Renewal Cycle
See board renewal rules
- Salary Position
$100,880 median (1% below national)
- State Salary Rank
#19 of 50 states
Step-by-Step Process (4)
- 1. Meet Rhode Island eligibility requirements for Financial Advisor licensure.
- 2. Complete required education or training (Education: Varies by state board.).
- 3. Pass required examination steps: State-approved exam.
- 4. Submit the application to RI Department of Business Regulation~Division of Securities and monitor board communications.
Salary Insights in Rhode Island
With a median salary of $100,880, Financial Advisors in Rhode Island earn 1% below the national median of $102,140. Rhode Island ranks #19 among 50 states. The typical licensing timeline is Varies by board.
State Hiring Climate (QCEW)
RisingQoQ Employment Change
+3.2%Average Weekly Wage
$1,294Median annual salary
$100,880Hourly estimate
$48.501% below national median
Difference: -$1,260
Percentile Distribution
Annual compensationFinancial Advisor Salary Ranking
#19 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 |
|---|---|---|---|---|
| Rhode Island | $100,880 | Varies by state board | State-approved exam | Varies by board |
| Massachusetts | $101,320 | Varies by state board | State-approved exam | Varies by board |
| Connecticut | $107,030 | Varies by state board | State-approved exam | Varies 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.
| State | Reciprocity Score | Tier | Notes |
|---|---|---|---|
| Rhode Island | 78 | High | Board-specific review required. |
| Massachusetts | 78 | High | Board-specific review required. |
| Connecticut | 78 | High | Board-specific review required. |
- Reciprocity and transfer rules vary by state board. Verify directly with the agency.
Official Licensing Agency
Official website verified
RI Department of Business Regulation • Division of Securities
1511 Pontiac Ave, Building 69-1, Cranston, RI, 02920
Phone: 4014629586
Related Careers in Rhode Island
| Profession | Median Salary | Education | Timeline |
|---|---|---|---|
| Architect | $106,950 | Specific course required | Varies by board |
| Audio and Video Technicians | $57,250 | Degree required | Varies by board |
| Certified Public Accountant | $90,040 | Degree required | Varies by board |
| Civil Engineer | $112,250 | Degree required | Varies by board |
FAQ
How long does it take to become a Financial Advisor in Rhode Island?
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 Rhode Island?
The median annual salary for Financial Advisors in Rhode Island is $100,880. Salaries range from $53,470 (10th percentile) to $206,300 (90th percentile).
How does the Financial Advisor salary in Rhode Island compare to the national average?
Financial Advisors in Rhode Island earn 1% below the national median of $102,140, with a state median of $100,880.
How many Financial Advisors work in Rhode Island?
Rhode Island employs approximately 1,290 Financial Advisors according to BLS data.
Can I transfer my Financial Advisor license to Rhode Island 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 Rhode Island?
The licensing agency is RI Department of Business Regulation / Division of Securities. Review agency details at https://dbr.ri.gov/insurance-banking-securities-and-charitable-organizations/securities-and-charities.
How often do you renew a Financial Advisor license in Rhode Island?
Current guidance indicates a renewal cycle of See board renewal rules.