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Verified by VA Board of Business

Financial Advisor Licensing in Virginia

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

Last verified: Feb 17, 2026

Current

Application Fee

See agency

Exam Requirement

Third-party exam required

Renewal Cycle

See board renewal rules

Licensing Blueprint for Financial Advisor in Virginia

Estimated timeline: Varies by board

Core Requirements

  1. 1

    Education: Specific course required.

  2. 2

    License Type: Stand-alone license.

Exam and processing details

  • Third-party exam required

Application Snapshot

  1. Licensing Authority

    Virginia Department of Criminal Justice Services • Division of Licensure and Regulatory Services • Private Security Services

  2. Current Filing Fee

    See agency

  3. Renewal Cycle

    See board renewal rules

  4. Salary Position

    $99,990 median (2% below national)

  5. State Salary Rank

    #21 of 50 states

Step-by-Step Process (4)

  1. 1. Meet Virginia eligibility requirements for Financial Advisor licensure.
  2. 2. Complete required education or training: Specific course required.
  3. 3. Pass required examination steps: Third-party exam required.
  4. 4. Submit the application to Virginia Department of Criminal Justice Services~Division of Licensure and Regulatory Services~Private Security Services and monitor board communications.

Salary Insights in Virginia

With a median salary of $99,990, Financial Advisors in Virginia earn 2% below the national median of $102,140. Virginia ranks #21 among 50 states. The typical licensing timeline is Varies by board.

State Hiring Climate (QCEW)

Rising

QoQ Employment Change

+1.6%

Average Weekly Wage

$1,471

Median annual salary

$99,990

Hourly estimate

$48.07
2% below national median

Difference: -$2,150

Percentile Distribution

Annual compensation
  • P1010th percentile$57,880
  • P2525th percentile$75,560
  • P50Median$99,990
  • P7575th percentile$168,100
  • P9090th percentileN/A

State vs National Median

State: $99,990
National: $102,140

Total employment: 5,560 | Annual openings: N/A

Financial Advisor Salary Ranking

#21 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
Virginia$99,990Specific course requiredThird-party exam requiredVaries by board
Maryland$122,510No educational requirementsNo exam requiredVaries by board
West Virginia$77,790Specific course requiredState exam requiredVaries by board
Kentucky$79,100Varies by state boardState-approved examVaries by board
Tennessee$89,390Specific course requiredThird-party exam requiredVaries by board
North Carolina$102,140No 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
Virginia68MediumState-specific exam conditions may apply.
Maryland68MediumState-specific exam conditions may apply.
West Virginia68MediumState-specific exam conditions may apply.
Kentucky78HighBoard-specific review required.
Tennessee68MediumState-specific exam conditions may apply.
North Carolina68MediumState-specific exam conditions may apply.
  • Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Official Licensing Agency

Official website verified

Virginia Department of Criminal Justice Services • Division of Licensure and Regulatory Services • Private Security Services

1100 Bank Street, Richmond, VA, 23219-3639

Phone: 8047864700

Related Careers in Virginia

ProfessionMedian SalaryEducationTimeline
Architect$97,140Degree requiredVaries by board
Audio and Video Technicians$50,990Specific course requiredVaries by board
Certified Public Accountant$84,190Degree requiredVaries by board
Civil Engineer$96,210Degree requiredVaries by board

FAQ

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

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 exams are required for Financial Advisors in Virginia?

Virginia 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 Virginia?

The board typically expects Specific course required for Financial Advisor licensure in Virginia.

What is the typical Financial Advisor salary in Virginia?

The median annual salary for Financial Advisors in Virginia is $99,990.

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

Financial Advisors in Virginia earn 2% below the national median of $102,140, with a state median of $99,990.

How many Financial Advisors work in Virginia?

Virginia employs approximately 5,560 Financial Advisors according to BLS data.

Can I transfer my Financial Advisor license to Virginia 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 Virginia?

The licensing agency is Virginia Department of Criminal Justice Services / Division of Licensure and Regulatory Services / Private Security Services. Review agency details at https://www.dcjs.virginia.gov/.

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

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