Licensed Personal Financial Advisor License in Alabama
Quick Answer
Alabama requires a degree, passing the Series 65 or Series 7+66 exams, a $10,000 net worth or $50,000 surety bond, no felony convictions, and registration through the Alabama Securities Commission.
- Exam
- Series 65 or Series 7 + Series 66
- Total Cost
- $600 (est.)
- Timeline
- 3-6 months (exam prep + registration)
- Background Check
- Required
- Renewal
- Every Annually (December 31)
Requirements
Licensed Personal Financial Advisor license in Alabama
Estimated Costs Est.
- Exam Fee
- $305
- Total Estimated Cost
- $600
Cost Breakdown
Estimated costs for getting your Licensed Personal Financial Advisor license in Alabama. Values marked "Est." are extracted from official descriptions.
Enter the cost of your pre-licensing education program
Fees marked "Est." are extracted from official descriptions and may not reflect current pricing. Verify with the Alabama licensing board.
Licensed Personal Financial Advisor Salary in Alabama
Entry Level
$35,710
Median
$79,600
Experienced
$239,200
Source: Bureau of Labor Statistics. Salary data is for informational purposes only.
How to Get Licensed
Step-by-step roadmap to becoming a licensed Licensed Personal Financial Advisor in Alabama.
- 1
Complete Education Requirements
Degree required
- 2
Submit Background Check
Felony convictions prohibited
- 3
Pass the Required Exam
State exam required — Series 65 or Series 7 + Series 66
- 4
Submit Your Application
File your application with the licensing agency.
- 5
Receive Your License
Processing typically takes 3-6 months (exam prep + registration).
Licensed Personal Financial Advisor Licensing in Alabama: What to Know
Alabama regulates Investment Advisers and their representatives through the Alabama Securities Commission. The COS data for Licensed Personal Financial Advisor notes that applicants must have a $10,000 net worth or a $50,000 surety bond, with an audited or attested balance sheet prepared within the last 90 days per GAAP standards. A degree is required and felony convictions are prohibited. All Investment Adviser Representatives (IARs) must pass qualifying FINRA examinations — typically the Series 65 (Uniform Investment Adviser Law Exam) or the Series 7 + Series 66 combination — and register through the IARD system. Continuing education is required to maintain the license.
Frequently Asked Questions
- How much does a Licensed Personal Financial Advisor license cost in Alabama?
- The estimated total cost is $600, including application fees, exam fees ($305), and education costs.
- How long does it take to get a Licensed Personal Financial Advisor license in Alabama?
- The process typically takes 3-6 months (exam prep + registration), depending on education completion and exam scheduling.
- What exam do I need for a Licensed Personal Financial Advisor license in Alabama?
- You need to pass the Series 65 or Series 7 + Series 66. State exam required
Considering another state?
Compare Licensed Personal Financial Advisor requirements across states.
View all states →Data from CareerOneStop (DOLETA/DEED). Last updated: February 15, 2026.