Business & Finance Utah (UT) Rank #24 of 50

Financial Advisor Salary in Utah

The median financial advisor salary in Utah is $92,528 per year, which is 3% below the national median of $95,390.

Median Salary
$92,528
vs National
$-2,862
State Rank
#24 of 50
Cost of Living
97%

Financial Advisor Salary Overview in Utah (2026)

Utah ranks #24 out of 50 states for financial advisor compensation. Utah falls in the middle of the pack for financial advisor pay, offering salaries near the national average. At $92,528 per year, financial advisors in Utah earn $2,862 less than the national median of $95,390.

Utah's cost of living is near the national average at 97%, meaning financial advisor salaries here translate closely to their face value in purchasing power.

The salary spread in Utah is significant: financial advisors at the 10th percentile earn $43,068, while those at the 90th percentile bring home $231,830 — a $188,762 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Utah for this role is Salt Lake City, where the median reaches $97,298.

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in Utah and beyond.

Financial Advisor Salary in Utah by Experience

In Utah, an entry-level financial advisor earns around $46,560, while experienced professionals earn up to $174,600 per year. The cost of living index in Utah is 97% of the national average.

Entry Level (0-2 yrs)
$46,560
$-1,440 vs national
Mid Level (3-7 yrs)
$92,150
$-2,850 vs national
Senior Level (8+ yrs)
$174,600
$-5,400 vs national

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Salary Percentiles in Utah

Percentile UT Salary
10th Percentile $43,068
25th Percentile $60,528
Median (50th) $92,528
75th Percentile $144,530
90th Percentile $231,830

Financial Advisor Salary by City in Utah

The largest employment areas for financial advisors in Utah include Salt Lake City, West Valley City, Provo, and West Jordan. Salaries vary by city based on local cost of living and demand.

How to Become a Financial Advisor in Utah

Education

Most financial advisor positions require a bachelor's degree. Utah has several accredited institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook in Utah

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Utah's demand may vary based on local industry trends.

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Frequently Asked Questions: Financial Advisor Salary in Utah

How much does a Financial Advisor make in Utah? ▼
The median financial advisor salary in Utah is $92,528 per year, which is 3% below the national median of $95,390. Salaries range from $43,068 (10th percentile) to $231,830 (90th percentile).
How much does a Financial Advisor make per hour in Utah? ▼
Based on the median annual salary of $92,528, a financial advisor in Utah earns approximately $44 per hour assuming a standard 2,080-hour work year.
Is Utah a good state for financial advisors? ▼
Utah ranks #24 out of 50 states for financial advisor pay. The cost of living index is 97% of the national average. Entry-level financial advisors earn $46,560, while senior professionals earn $174,600.
How does Utah compare to other states for financial advisor salary? ▼
The highest paying state for financial advisors is Hawaii at $162,163. Utah's median of $92,528 ranks #24 nationally. Nearby-ranked states include Arizona ($92,528) and Nevada ($92,528).
What is the entry-level financial advisor salary in Utah? ▼
An entry-level financial advisor in Utah earns approximately $46,560 per year. With 3-7 years of experience, pay increases to around $92,150. Senior-level professionals with 8+ years earn up to $174,600.
What city in Utah pays financial advisors the most? ▼
Salt Lake City is the highest paying city in Utah for financial advisors, with a median salary of $97,298. Other cities include West Valley City and Provo.