Virginia Financial Advisor Career
Virginia Financial Advisor Careers

Launch Your Financial Advisor
Career in Virginia

Get matched with top broker-dealer firms in Richmond, Arlington, Virginia Beach, and Norfolk. No experience required — we provide Series 7 sponsorship, training, and career support.

Why Choose Virginia for Your Financial Advisor Career?

The Old Dominion offers exceptional opportunities for financial professionals — DC metro proximity, military market, and Fortune 500 headquarters.

8.7M
Population (12th Largest)
52,800+
Financial Services Jobs
$92K
Median Advisor Salary
400+
Registered Broker-Dealers

Virginia Advantage

DC Metro Market

Access to federal employees, government contractors, and high-income professionals

Military Community

Large military population with unique retirement and benefits planning needs

Fortune 500 Hub

Home to Capital One, Markel, and other major financial institutions

Financial Advisor Opportunities by City

Explore career opportunities across Virginia's major metropolitan areas

Richmond

Population: 230K

$95,000
Avg. Salary

Top Firms:

Capital One, Markel Corporation, Atlantic Union Bank, Morgan Stanley

Market Highlights:

State capital, Fortune 500 headquarters, banking hub, growing tech sector

Arlington

Population: 238K

$108,000
Avg. Salary

Top Firms:

Morgan Stanley, Merrill Lynch, UBS, Wells Fargo Advisors

Market Highlights:

DC metro proximity, federal employee market, high-net-worth clientele, government contractors

Virginia Beach

Population: 450K

$88,000
Avg. Salary

Top Firms:

TowneBank, Raymond James, Edward Jones, Ameriprise Financial

Market Highlights:

Military community focus, tourism economy, real estate investment market

Norfolk

Population: 238K

$85,000
Avg. Salary

Top Firms:

TowneBank, BB&T (Truist), Wells Fargo, Edward Jones

Market Highlights:

Naval base economy, port logistics, healthcare sector, military retirement planning

Financial Advisor Career Paths in Virginia

Multiple specializations and income trajectories available across the state

Financial Advisor

Comprehensive wealth management for individuals and families across Virginia metro areas

$75K - $260K+

Investment Representative

Securities trading and portfolio management for retail and institutional clients

$80K - $200K+

Wealth Manager

High-net-worth client services specializing in government, military, and corporate wealth

$100K - $480K+

Retirement Specialist

Federal employee benefits, TSP planning, military retirement, and pension strategies

$72K - $185K+

Virginia Licensing Requirements

What you need to become a licensed financial advisor in Virginia

1

Series 7 License

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

125 questions • 225 minutes • 72% passing score

2

Series 66 or Series 63 License

Uniform Combined State Law exam (Series 66) or Uniform Securities Agent State Law (Series 63) — required in Virginia for state registration.

Series 66: 100 questions • 150 minutes • 73% passing score

3

Virginia State Registration

Register with the Virginia State Corporation Commission through your sponsoring firm's compliance department.

Completed after passing Series 7 and 66/63 exams

We Handle Everything

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

Virginia Financial Advisor Salary Progression

Typical earnings trajectory from entry-level to senior advisor

Entry Level

$52K - $75K

Years 1-2 • Building client base

  • Base salary + commissions
  • Training stipend
  • Mentorship support

Mid-Career

$95K - $190K

Years 3-7 • Established book

  • Growing AUM
  • Recurring revenue
  • Performance bonuses

Senior Level

$210K - $900K+

Years 8+ • Top producer

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

Virginia Financial Advisor Career FAQ

Common questions about starting your career in Virginia

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

No college degree is required to become a licensed financial advisor in Virginia. 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 Virginia.

How much do financial advisors make in Virginia?

Virginia financial advisors earn a median salary of $92,000, with entry-level advisors starting around $52K-$75K and experienced advisors earning $150K-$480K+. Top earners in Arlington and Richmond metro areas can exceed $900K annually. The DC metro area offers particularly high compensation due to the concentration of federal employees and government contractors. Compensation typically includes base salary plus commissions and bonuses.

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

To work as a financial advisor in Virginia, you need: (1) Series 7 license (General Securities Representative), (2) Series 66 license (Uniform Securities Agent State Law and Investment Advisor) or Series 63, and (3) registration with the Virginia State Corporation Commission. 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 Virginia cities have the most financial advisor opportunities?

Arlington and the DC metro area offer the most opportunities due to high concentration of federal employees and government contractors. Richmond has strong demand from Fortune 500 companies and banking sector. Virginia Beach and Norfolk offer growing markets with military and tourism sectors. Other cities with opportunities include Alexandria, Fairfax, and Reston. We have sponsoring firms in all major Virginia metro areas.

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

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 Virginia state registration (1-2 weeks). Our structured program helps you stay on track and complete the process efficiently.

Is Virginia a good state for financial advisor careers?

Yes — Virginia is an excellent state for financial advisors. Benefits include: proximity to DC federal market (high-income clients), strong job growth (12% projected through 2034), diverse client base across government, military, technology, and finance sectors, competitive salaries especially in Northern Virginia, and 400+ broker-dealer firms operating statewide. Virginia's stable economy and educated population create excellent long-term career prospects.

Start Your Virginia Career Today

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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.

Your Score

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