Application Fee
See agencyVerified 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 12, 2026
Exam Requirement
Third-party exam requiredRenewal Cycle
See board renewal rulesLicensing Blueprint for Financial Advisor in Virginia
Estimated timeline: 6-24 monthsCore Requirements
- License Type: Stand-alone license
- Education: Specific course required
- Examination: Third-party exam required
- Application Fee: See agency
- Experience: No experience required
- Continuing Education: No continuing education requirement to maintain license
Application Snapshot
- Licensing Authority
Virginia Department of Criminal Justice Services • Division of Licensure and Regulatory Services • Private Security Services
- Current Filing Fee
See agency
- Renewal Cycle
See board renewal rules
- Salary Position
$99,990 median (2% below national)
- State Salary Rank
#21 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 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 6-24 months.
Median annual salary
$99,990Hourly estimate
$48.072% below national median
Difference: -$2,150
Percentile Distribution
Annual compensationFinancial Advisor Salary Ranking
#21 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 |
|---|---|---|---|---|
| Virginia | $99,990 | Specific course required | Third-party exam required | 6-24 months |
| Maryland | $122,510 | No educational requirements | No exam required | 6-24 months |
| West Virginia | $77,790 | Specific course required | State exam required | 6-24 months |
| Kentucky | $79,100 | Varies by state board | State-approved exam | 6-24 months |
| Tennessee | $89,390 | Specific course required | Third-party exam required | 6-24 months |
| North Carolina | $102,140 | No educational requirements | Third-party exam required | 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 |
|---|---|---|---|
| Virginia | 60 | Medium | State-specific exam conditions may apply. Documented experience may be required. |
| Maryland | 60 | Medium | State-specific exam conditions may apply. Documented experience may be required. |
| West Virginia | 56 | Medium | State-specific exam conditions may apply. Documented experience may be required. |
| Kentucky | 78 | High | Board-specific review required. |
| Tennessee | 60 | Medium | State-specific exam conditions may apply. Documented experience may be required. |
| North Carolina | 54 | Low | State-specific exam conditions may apply. Documented experience may be 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
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
| Profession | Median Salary | Education | Timeline |
|---|---|---|---|
| Architect | $97,140 | Degree required | 6-24 months |
| Certified Public Accountant | $84,190 | Degree required | 6-24 months |
| Civil Engineer | $96,210 | Degree required | 6-24 months |
| Funeral Director | $60,360 | Specific course required | 6-24 months |
FAQ
How long does it take to become a Financial Advisor in Virginia?
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 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. 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 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/.