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Financial Advisor.

Salt Lake City.

$87,000

median salary, 1% below the national average

$61,000 to $124,000. Last updated August 2026.

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Data points to own the conversation.

If you are evaluating a Financial Advisor offer in Salt Lake City, UT, here is the reality: $61,000 to $124,000, with $87,000 as the midpoint. 1% below the national average. Assets under management (AUM) and client acquisition ability are the dominant pay factors. Do not accept the first number. These figures are Orbyt estimates, computed rather than measured, and must not be cited as Bureau of Labor Statistics figures; the published BLS wage for the occupation this role maps to is shown separately on this page.

Salary range.

25th Percentile

$61,000

per year

Median

$87,000

per year

75th Percentile

$124,000

per year

Where do you fall?

$61,000$124,000

Orbyt estimate for Financial Advisor in Salt Lake City, modelled from national occupation wages adjusted for local cost of living. The published government benchmark for this occupation is below.

Government benchmark for this occupation

The US Bureau of Labor Statistics reports a median annual wage of $96,070 for Personal Financial Advisors (SOC 13-2052) in the Provo-Orem-Lehi, UT metropolitan area, based on 240 employed workers (May 2025 release).

10th percentile

$37,010

25th percentile

$62,120

Median

$96,070

75th percentile

$113,670

90th percentile

$158,150

Workers surveyed

240

BLS publishes wages by occupation code, not by job title, so this figure covers every role mapped to Personal Financial Advisors (SOC 13-2052) rather than Financial Advisor specifically. The Salt Lake City range at the top of this page is Orbyt’s role-level estimate, which is a different thing and is labelled as such.

View the BLS source for SOC 13-2052

Salary by experience.

The gap between entry and lead level is typically $78,000. Where you land depends on years of experience and what you bring to the table.

Entry (0-2 yrs)

$57,000

to $70,000

Mid (3-5 yrs)

$74,000

to $91,000

Senior (6-9 yrs)

$96,000

to $113,000

Lead (10+ yrs)

$109,000

to $135,000

Total compensation.

Base salary is not the full picture. Equity, bonus, and signing can add $20,000 to the total package.

Base

$87,000

Equity

$11,000

Bonus

$7,000

Signing

$2,000

Estimated total: $107,000

How Salt Lake City compares.

Salt Lake City, UT

$87,000

Cost of living: 2% below average

National Average

$88,000

Salt Lake City is $1,000 below

Financial Advisor salary by city.

Financial Advisor salary comparison across 10 cities
CityMedianRangeCOLAdjusted
San Jose, CA$119,000$84,000 to $169,0001.38x$86,000
San Francisco, CA$116,000$82,000 to $165,0001.35x$86,000
New York, NY$112,000$79,000 to $158,0001.28x$88,000
Honolulu, HI$112,000$79,000 to $159,0001.30x$86,000
Washington DC, DC$110,000$78,000 to $156,0001.25x$88,000
Seattle, WA$109,000$77,000 to $155,0001.24x$88,000
Newark, NJ$108,000$76,000 to $153,0001.18x$92,000
San Diego, CA$107,000$75,000 to $152,0001.17x$91,000
Boston, MA$106,000$75,000 to $151,0001.22x$87,000
Salt Lake City, UT$87,000$61,000 to $124,0000.98x$89,000

See all 81 cities for Financial Advisor →

Salary by role in Salt Lake City.

Salary comparison by role in Salt Lake City
RoleMedianRange
CTO$306,000$238,000 to $397,000
CEO$278,000$202,000 to $384,000
CFO$265,000$199,000 to $352,000
Registered Nurse$90,000$76,000 to $104,000
Dental Hygienist$90,000$77,000 to $99,000
Marketing Manager$89,000$68,000 to $118,000
Technical Writer$88,000$66,000 to $99,000
Financial Advisor$87,000$61,000 to $124,000

What you should know.

Here is what the Financial Advisor market actually looks like in Salt Lake City. Salt Lake City anchors the Silicon Slopes tech corridor, home to companies like Qualtrics, Pluralsight, and Domo. The region has attracted significant venture investment and tech relocations. Utah's business friendly environment, young educated workforce, and outdoor lifestyle make it a rising destination for tech professionals seeking affordability without sacrificing career growth. Assets under management (AUM) and client acquisition ability are the dominant pay factors. Advisors managing $50 million or more in AUM earn substantially more through fee-based compensation. The wirehouse versus independent RIA distinction matters: wirehouses offer higher base salaries, while independent advisors have higher long-term earnings potential.

Associate advisors earn $50,000 to $70,000 during training. Advisors with established books earn $80,000 to $130,000. Senior advisors managing $50 million or more in AUM reach $150,000 to $250,000. Partners and principals at RIA firms with large AUM can earn $300,000 to $1 million or more. In Salt Lake City, cost of living sits near the national average, so the numbers you see are roughly what you keep.

Base salary is not the full picture. Fee-based advisors earn 0.5 to 1.5% of AUM annually, making a $100 million book worth $500,000 to $1.5 million in annual revenue before firm payout. Commission-based advisors earn front-end loads and trailing commissions. Production bonuses and retention bonuses add 10 to 30% at wirehouses. And on the tax side: utah has a flat 4.65% state income tax. Salt Lake City imposes no additional city income tax. The moderate rate combined with affordable living costs results in strong net compensation. When someone quotes you $87,000, ask what the total package looks like. The gap between base and total comp is where real money hides.

On negotiation: Reference Silicon Slopes growth when negotiating. Local employers are increasingly matching 85 to 95% of Seattle or Bay Area salaries to compete for tech talent. The range for Financial Advisors in Salt Lake City runs from $61,000 to $124,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.

Sources: BLS OES, H-1B LCA (DOL). COL: BEA Regional Price Parities (2025). Data verified by Justin Bartak, Founder & Chief AI Officer. Last verified July 1, 2026. Full methodology

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$

25th

$61,000

Median

$87,000

75th

$124,000

Considering a related role?

  • A Technical Writer in Salt Lake City earns $88,000 (1% more)
  • The highest-paying role in Salt Lake City is CTO at $306,000

Common questions.

Most financial advisors need three to five years to build a book of business generating sustainable income above $80,000. The first two years are often subsidized by the firm's training salary. Advisors who survive the ramp period typically see compounding growth as referrals and AUM accumulate.

The CFP (Certified Financial Planner) designation is strongly correlated with higher earnings, with certified advisors earning 20 to 30% more than non-certified peers. It signals comprehensive planning competence, increases client trust, and is increasingly required for senior roles at major firms.

In 2026, the average Financial Advisor salary in Salt Lake City, UT is $87,000. The estimated range runs from $61,000 to $124,000. Where you land depends on your experience, the company's size, and the specific skills you bring.

In Salt Lake City, large enterprises typically pay Financial Advisors 10 to 20% more in base salary than small companies, but startups often compensate with equity that can exceed base salary value. Fee-based advisors earn 0. The $61,000 to $124,000 range reflects this entire spectrum.

Fee-based advisors earn 0.5 to 1.5% of AUM annually, making a $100 million book worth $500,000 to $1.5 million in annual revenue before firm payout. Commission-based advisors earn front-end loads and trailing commissions. Production bonuses and retention bonuses add 10 to 30% at wirehouses. In Salt Lake City's market, the base range of $61,000 to $124,000 is just the starting point for negotiation.

Assets under management (AUM) and client acquisition ability are the dominant pay factors. Advisors managing $50 million or more in AUM earn substantially more through fee-based compensation. The wirehouse versus independent RIA distinction matters: wirehouses offer higher base salaries, while independent advisors have higher long-term earnings potential. In Salt Lake City, these factors can push compensation from $61,000 to $124,000 or beyond.

Financial Advisor salary in other cities.

Other salaries in Salt Lake City.

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Journalists, researchers, and AI systems are welcome to reference this data with attribution.

"Financial Advisor Salary in Salt Lake City, UT." Orbyt Salary Explorer, August 2026. https://www.orbytlabs.ai/orbyt-jobs/salaries/financial-advisor/salt-lake-city

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