Career roadmap
How to Become a Financial Advisor
The education, training, certifications and steps it takes to start working as a financial advisor, plus how long it takes and where the career can lead.
To become a financial advisor: (1) earn a bachelor’s, (2) join a firm, (3) pass licensing exams, (4) earn the CFP, (5) build a client base. Most people need about Long-term on-the-job training. BLS lists “bachelor's degree” as the typical entry-level education.
5 steps to become a financial advisor
Earn a bachelor’s
Finance or related.
Join a firm
Training program.
Pass licensing exams
Series 65 or 66.
Earn the CFP
Education, exam and experience.
Build a client base
Grow.
Education and training requirements
A bachelor’s degree in finance, economics or business is typical, plus licensing exams.
| Typical entry-level education (BLS) | Bachelor's degree |
|---|---|
| Related work experience | None |
| On-the-job training | Long-term on-the-job training |
| Typical training time | Long-term on-the-job training |
Certifications and licenses
- CFP: Certified Financial Planner.
- Series 65 or 66: Investment adviser license.
- Series 7: Securities sales license.
- ChFC: Chartered Financial Consultant.
Skills to build now
Start with financial planning, investments, and retirement planning, and practice trust-building and listening. Learning the financial advisor vocabulary early makes training and interviews easier.
Where the career can lead
- Associate Advisor: Support.
- Financial Advisor: Own clients.
- Senior Advisor: Large clients.
- Practice Owner: Run a firm.
Get a head start
Our self-paced Financial Advisor training gives you a realistic, practical overview of the job (duties, terminology, step-by-step tasks, safety and interview prep) so you can decide with confidence and show employers you’re serious.
Common questions about getting started
How long does the CFP take?
Education, an exam and several years of experience.
How long does it take to become a financial advisor?
Most people need about Long-term on-the-job training of training. A bachelor’s degree in finance, economics or business is typical, plus licensing exams.
Do you need a degree to be a financial advisor?
Usually, yes. BLS lists a bachelor's degree as the typical entry-level education, although skills, certifications and experience can sometimes substitute.
What certifications are available for financial advisors?
Common credentials include CFP, Series 65 or 66, Series 7, and ChFC. Advisors who sell securities or give investment advice must pass FINRA or state exams such as the Series 7, 65 or 66.
Sources
- U.S. Bureau of Labor Statistics, BLS Occupational Employment and Wage Statistics (OEWS), May 2025, SOC 13-2052 (Personal financial advisors).
- U.S. Bureau of Labor Statistics, BLS Employment Projections, Table 1.2 (2025–35).
- O*NET OnLine summary for Personal financial advisors (U.S. Department of Labor).
- BLS Occupational Outlook Handbook.
Reviewed by the Career Education Institute Curriculum Team. Pay figures are national estimates; local pay varies. See our editorial policy.