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 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

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

Major Cities for Financial Advisors in Utah

The largest employment areas for financial advisors in Utah include Salt Lake City, West Valley City, Provo, and West Jordan. Salaries in major metro areas may be higher due to increased demand and cost of living.

Salt Lake City, UT
Metro area for financial advisor employment
West Valley City, UT
Metro area for financial advisor employment
Provo, UT
Metro area for financial advisor employment
West Jordan, UT
Metro area for financial advisor employment
Orem, UT
Metro area for financial advisor employment

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.