How much does a Financial Advisor make in Utah?

BLS reports a median annual wage of $67,210 for Financial Advisors in Utah as of the latest OES release. That is the 50th-percentile figure — half earn more, half earn less. The 25th-percentile is $60,640 and the 75th-percentile is $123,960.

What is the real (cost-adjusted) Financial Advisor salary in Utah?

After BEA RPP adjustment (regional price parity index 95.7 for Utah), the real-wage equivalent is $70,218 — what the $67,210 nominal salary actually buys. Quartiles in real terms: $63,354 to $129,508.

How many Financial Advisors does Utah employ?

BLS OES counts 2,620 Financial Advisors employed in Utah in the most recent release. Employment density relative to population determines whether wage tiers reflect a robust competitive market or a thinner labor pool.

Why is the BEA RPP for Utah different from a single CPI number?

BEA splits regional price parity into three components — goods, services, and rents — reweighted to the BEA's national consumption basket. Utah's overall index of 95.7 reflects rents 106.2, services 73.0, and goods 94.7.

Is Utah a 'real-wage arbitrage' state for Financial Advisors?

No — Utah's RPP is close to the national 100 baseline, so nominal and real wages move roughly together. Neither an arbitrage nor a penalty state.

When does this data update?

BLS OES releases a new May reference set roughly each spring; we re-run the ETL pipeline within two weeks of release. BEA RPP refreshes annually. The last-synced timestamp at the top of this page reflects the most recent build.

AUM-fee economics — what does it take to earn the Utah BLS median?

The classic 1% AUM fee on a $50M practice yields $500K gross revenue. After overhead (typically 30-50% of revenue: staff, technology, custodial fees, compliance, rent, marketing) the principal advisor in Utah nets $250-350K, well above the BLS-reported W-2 median for SOC 13-2052. To match the BLS-reported median for Utah as a wirehouse W-2 advisor, the typical book size required is $30-40M AUM at standard grid payouts — achievable in 5-10 years with strong recruiting and referral systems. Below that production threshold, wirehouse advisors are typically counseled out or transition to support roles.

Financial Advisor Salary in Utah (2026): $67K Median, BEA RPP-Adjusted

TL;DR

Utah pays Financial Advisors a BLS median of $67,210 — the more useful number is $70,218, what that paycheck buys after rent and services.
BEA RPP near 100 means nominal pay translates almost 1:1 into real take-home.
BLS percentiles available for this state: P25 $60,640, P50 $67,210, P75 $123,960. P10 or P90 is suppressed by BLS for this occupation-state cell.
On a real-wage basis, this state sits at #46 of 51; nominal rank is #46.

Wage breakdown — Utah

Percentile	Nominal (BLS)	Real (BEA RPP-adjusted)
P10 (entry tier)	$39,990	$41,780
P25 (lower quartile)	$60,640	$63,354
P50 (median)	$67,210	$70,218
P75 (upper quartile)	$123,960	$129,508
P90 (top tier)
Mean	$130,030	$135,850
Employment	2,620 Financial Advisors in Utah

Cost of living — BEA Regional Price Parity

Component	Utah index (US = 100)
All-items RPP	95.7
Goods	94.7
Services	73.0
Rents	106.2

Utah's overall RPP (95.7) is close to the national 100 baseline; nominal and real wage move roughly together.

After-tax take-home — Utah (2024 BLS · 2024 tax year, single filer)

Layer-by-layer take-home math at the BLS median

Layer	Amount	Note
Gross BLS P50 (Financial Advisor)	$67,210	nominal median
Federal income tax	−$6,033	9.0% effective; std deduction $15,750 applied
State income tax	−$2,316	4.5% flat (2026)
FICA (SS 6.2% + Medicare 1.45%)	−$5,142	SS capped at $183,600 wage base
Take-home (after-tax)	$53,720	79.9% of gross
Real take-home (RPP-adjusted)	$56,124	÷ (95.7 / 100) BEA cost-of-living

What the Utah state-tax burden means for Financial Advisor take-home

Mid-band state-tax burden at 3.4% effective. Combined with federal and FICA, take-home is $53,720 (79.9% of gross). After the 95.7 RPP, real take-home is $56,124.

Computed from 2026 IRS federal brackets (Rev. Proc. 2025-32), 2026 state DOR brackets, and 2026 FICA rates. Single filer, standard deduction, no other adjustments. See methodology · tax for limitations (married filers, ITM/SALT itemizers, retirement deferrals, HSA, dependent credits, etc.).

National context

Across the United States, BLS reports a national median of $102,140 for Financial Advisors with mean pay of $160,210 and total employment of 270,480. Utah sits at #46 on nominal pay and #46 on real (cost-adjusted) pay among the 51 states and DC. Nominal and real ranking are the same — cost of living and pay scale together.

Frequently asked questions

How much does a Financial Advisor make in Utah?: BLS reports a median annual wage of $67,210 for Financial Advisors in Utah as of the latest OES release. That is the 50th-percentile figure — half earn more, half earn less. The 25th-percentile is $60,640 and the 75th-percentile is $123,960.
What is the real (cost-adjusted) Financial Advisor salary in Utah?: After BEA RPP adjustment (regional price parity index 95.7 for Utah), the real-wage equivalent is $70,218 — what the $67,210 nominal salary actually buys. Quartiles in real terms: $63,354 to $129,508.
How many Financial Advisors does Utah employ?: BLS OES counts 2,620 Financial Advisors employed in Utah in the most recent release. Employment density relative to population determines whether wage tiers reflect a robust competitive market or a thinner labor pool.
Why is the BEA RPP for Utah different from a single CPI number?: BEA splits regional price parity into three components — goods, services, and rents — reweighted to the BEA's national consumption basket. Utah's overall index of 95.7 reflects rents 106.2, services 73.0, and goods 94.7.
Is Utah a 'real-wage arbitrage' state for Financial Advisors?: No — Utah's RPP is close to the national 100 baseline, so nominal and real wages move roughly together. Neither an arbitrage nor a penalty state.
When does this data update?: BLS OES releases a new May reference set roughly each spring; we re-run the ETL pipeline within two weeks of release. BEA RPP refreshes annually. The last-synced timestamp at the top of this page reflects the most recent build.
AUM-fee economics — what does it take to earn the Utah BLS median?: The classic 1% AUM fee on a $50M practice yields $500K gross revenue. After overhead (typically 30-50% of revenue: staff, technology, custodial fees, compliance, rent, marketing) the principal advisor in Utah nets $250-350K, well above the BLS-reported W-2 median for SOC 13-2052. To match the BLS-reported median for Utah as a wirehouse W-2 advisor, the typical book size required is $30-40M AUM at standard grid payouts — achievable in 5-10 years with strong recruiting and referral systems. Below that production threshold, wirehouse advisors are typically counseled out or transition to support roles.

Sources & methodology

U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OES), SOC 13-2052, 2024 reference period.
U.S. Bureau of Economic Analysis — Regional Price Parities, 2023 vintage (all-items, goods, services, rents).
Real-wage figures = nominal BLS wage ÷ (state RPP / 100).
See the methodology page for full computation details and limitations.

By Marcus Liang · Founder & Editor · Last synced 2026-05-08.

Cross-comparison: see how Utah Financial Advisor pay ranks against the other 254 state × occupation pages on the Real Wage Atlas → — four-way ranking by real wage, after-tax take-home, state-tax savings, and cost-of-living arbitrage.