Tennessee Financial Advisor Career
Tennessee Financial Advisor Careers

Launch Your Financial Advisor
Career in Tennessee

Get matched with top broker-dealer firms in Nashville, Memphis, Knoxville, and Chattanooga. No experience required — we provide Series 7 sponsorship, training, and career support.

Why Choose Tennessee for Your Financial Advisor Career?

The Volunteer State offers exceptional opportunities for financial professionals — no state income tax, healthcare capital, and rapid growth.

7.1M
Population (16th Largest)
32,500+
Financial Services Jobs
$82K
Median Advisor Salary
300+
Registered Broker-Dealers

Tennessee Advantage

0% State Income Tax

Keep more of your earnings compared to high-tax states

Healthcare Capital

Nashville is the healthcare industry hub with HCA, Community Health Systems

Lower Cost of Living

Affordable housing and living expenses vs. coastal markets

Financial Advisor Opportunities by City

Explore career opportunities across Tennessee's major metropolitan areas

Nashville

Population: 715K

$92,000
Avg. Salary

Top Firms:

First Horizon, Pinnacle Financial, Avenue Bank, Raymond James

Market Highlights:

Healthcare capital, music industry wealth, growing tech sector, Fortune 500 headquarters

Memphis

Population: 633K

$85,000
Avg. Salary

Top Firms:

First Horizon, Morgan Keegan, Edward Jones, Merrill Lynch

Market Highlights:

Logistics hub (FedEx HQ), healthcare sector, real estate investment market

Knoxville

Population: 195K

$79,000
Avg. Salary

Top Firms:

Clayton Homes, Pilot Flying J, Raymond James, Edward Jones

Market Highlights:

University of Tennessee market, manufacturing wealth, growing retirement community

Chattanooga

Population: 185K

$77,000
Avg. Salary

Top Firms:

Unum Group, EPB, First Horizon, Edward Jones

Market Highlights:

Insurance industry hub, tech startup growth, outdoor recreation economy

Financial Advisor Career Paths in Tennessee

Multiple specializations and income trajectories available across the state

Financial Advisor

Comprehensive wealth management for individuals and families across Tennessee metro areas

$70K - $240K+

Investment Representative

Securities trading and portfolio management for retail and institutional clients

$75K - $190K+

Wealth Manager

High-net-worth client services specializing in healthcare, music industry, and real estate wealth

$95K - $450K+

Retirement Specialist

401(k) planning, pension rollovers, and retirement income strategies

$68K - $175K+

Tennessee Licensing Requirements

What you need to become a licensed financial advisor in Tennessee

1

Series 7 License

General Securities Representative exam — required for all financial advisors. Covers equity, debt, options, and regulations.

125 questions • 225 minutes

2

Series 66 License

Uniform Combined State Law exam — combines Series 63 and 65, required in Tennessee for state registration and investment advisory.

100 questions • 150 minutes • 73% passing score

3

Tennessee State Registration

Register with the Tennessee Department of Commerce & Insurance through your sponsoring firm's compliance department.

Completed after passing Series 7 and 66 exams

We Handle Everything

We match you with a sponsoring firm, provide exam prep materials, schedule your tests, and guide you through Tennessee state registration — all at no cost to you.

Tennessee Financial Advisor Salary Progression

Typical earnings trajectory from entry-level to senior advisor

Entry Level

$48K - $68K

Years 1-2 • Building client base

  • Base salary + commissions
  • Training stipend
  • Mentorship support

Mid-Career

$85K - $170K

Years 3-7 • Established book

  • Growing AUM
  • Recurring revenue
  • Performance bonuses

Senior Level

$190K - $800K+

Years 8+ • Top producer

  • High-net-worth clients
  • Team leadership
  • Equity/ownership

Tennessee Financial Advisor Career FAQ

Common questions about starting your career in Tennessee

Do I need a college degree to become a financial advisor in Tennessee?

No college degree is required to become a licensed financial advisor in Tennessee. However, you must pass the Series 7 exam and be sponsored by a FINRA-registered broker-dealer. Many firms prefer candidates with bachelor's degrees in finance, business, or economics, but it's not mandatory. We connect candidates of all educational backgrounds with sponsoring firms throughout Tennessee.

How much do financial advisors make in Tennessee?

Tennessee financial advisors earn a median salary of $82,000, with entry-level advisors starting around $48K-$68K and experienced advisors earning $140K-$450K+. Top earners in Nashville and Memphis metro areas can exceed $800K annually. Tennessee has no state income tax, meaning advisors keep more of their earnings compared to high-tax states. Compensation typically includes base salary plus commissions and bonuses.

What licenses do I need to work as a financial advisor in Tennessee?

To work as a financial advisor in Tennessee, you need: (1) Series 7 license (General Securities Representative), (2) Series 66 license (Uniform Securities Agent State Law and Investment Advisor), and (3) registration with the Tennessee Department of Commerce & Insurance. Some firms may also require Series 65 for investment advisory services. We help you obtain all required licenses through our sponsoring firms and training programs.

Which Tennessee cities have the most financial advisor opportunities?

Nashville offers the most opportunities due to its healthcare industry concentration and Fortune 500 headquarters. Memphis has strong demand from logistics and healthcare sectors. Knoxville and Chattanooga offer growing markets with lower competition. Other cities with opportunities include Franklin, Brentwood, and Murfreesboro. We have sponsoring firms in all major Tennessee metro areas.

How long does it take to become a licensed financial advisor in Tennessee?

The typical timeline is 4-8 months from registration to full licensure. This includes: firm matching (2-4 weeks), Series 7 exam prep (2-3 months), passing the exam, Series 66 prep and exam (2-4 weeks), and Tennessee state registration (1-2 weeks). Our structured program helps you stay on track and complete the process efficiently.

Is Tennessee a good state for financial advisor careers?

Yes — Tennessee is an excellent state for financial advisors. Benefits include: no state income tax (higher take-home pay), strong job growth (13% projected through 2034), diverse client base across healthcare, music, logistics, and manufacturing sectors, lower cost of living than coastal states, and 300+ broker-dealer firms operating statewide. Tennessee's business-friendly environment and population growth create excellent long-term career prospects.

Start Your Tennessee Career Today

Register Your Interest

Complete the assessment below and we'll match you with sponsoring firms in Nashville, Memphis, Knoxville, or Chattanooga.

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To stay in touch with you

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Let's start by exploring your interest in becoming a Financial Advisor and what appeals to you about this field.

Your Current Situation

To know where you want to end up, you first need to take a look at where you are right now. In this section, we will look at your current situation, how things are going, how they could be different and how you feel about it. The answers you give below will tell you a lot about your motivations and how much you want to change your life.

Your Goals for the Future

Goals are an important motivator to keep you on track. Take a look at the list of goals below as a way to visualize what your future could look like.

Your Personal Assessment

Your Social Style

Your individual social style can help identify types of careers that may bring out your strengths.

School Match

We're proud of the education we offer and our many successful graduates. However, we're not right for every student. Answer the following true or false to identify if you are a match:

Logistics

Going to school and pursuing a new career does take some planning. On this page we’ll explore some of the details involved in the day-to-day experience. Answer the following questions to determine the logistical elements you have in place to support you going to school

Your Support System

Last Step! One More Click to Get Your Results...

Different people need different amounts of support to succeed, especially with a major lifestyle change such as going to school. There are three main types of support:

  • Moral Support to help me make good decisions and keep me focused on my goal

  • Financial Support to help me pay for school and help cover living expenses

  • Lifestyle Support to help me with things like childcare, transportation, etc.