Business & Finance Salt Lake City, UT Pop. 200,133

Financial Advisor Salary in Salt Lake City, Utah

The median financial advisor salary in Salt Lake City, UT is $97,298 per year, which is 2.0% above the national median and 5.2% above the Utah state average.

City Median
$97,298
vs State Avg
+$4,770
vs National
+$1,908
Cost of Living
102%

Financial Advisor Salary in Salt Lake City by Experience

In Salt Lake City, an entry-level financial advisor earns around $48,960, while experienced professionals earn up to $183,600 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$48,960
+$960 vs national
Mid Level (3-7 yrs)
$96,900
+$1,900 vs national
Senior Level (8+ yrs)
$183,600
+$3,600 vs national

Salary Percentiles in Salt Lake City, UT

Percentile Salt Lake City
10th Percentile $45,288
25th Percentile $63,648
Median (50th) $97,298
75th Percentile $151,980
90th Percentile $243,780

Financial Advisor Salary in Other Utah Cities

Provo, UT
$91,574
Pop. 115,162
West Jordan, UT
$91,574
Pop. 116,961
Orem, UT
$90,621
Pop. 97,499
West Valley City, UT
$89,667
Pop. 140,230

How to Become a Financial Advisor in Salt Lake City

Education

Most financial advisor positions require a bachelor's degree. Salt Lake City and the surrounding Utah area have institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Salt Lake City may vary based on local industry and population growth.

Find Financial Advisor Jobs in Salt Lake City

Browse open financial advisor positions in Salt Lake City, UT:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Salt Lake City

How much does a Financial Advisor make in Salt Lake City, UT? ▼
The median financial advisor salary in Salt Lake City, Utah is $97,298 per year, which is 2.0% above the national median of $95,390. Salaries range from $45,288 (10th percentile) to $243,780 (90th percentile).
How much does a Financial Advisor make per hour in Salt Lake City? ▼
Based on the median annual salary of $97,298, a financial advisor in Salt Lake City earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Salt Lake City compare to the Utah state average for financial advisor pay? ▼
Salt Lake City's median financial advisor salary of $97,298 is 5.2% above the Utah state average of $92,528. The local cost of living index is 102% of the national average.
What is the cost of living in Salt Lake City, UT? ▼
Salt Lake City has a cost of living index of 102% compared to the national average. This means a financial advisor salary of $97,298 in Salt Lake City has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Salt Lake City? ▼
Most financial advisor positions in Salt Lake City require a bachelor's degree. Key skills include Investment Planning, Portfolio Management, Tax Planning, Client Relations. The job market is projected to grow 13% nationally over the next decade.