How much does a Financial Advisor make in Salt Lake City, UT?
Financial Advisors in Salt Lake City, UT can look forward to earning an average yearly salary of $87,124. This means that people in this role earn a good amount of money, which can help with their living expenses and financial goals. Salaries can range from lower to higher depending on many factors, such as experience and the type of clients they serve.
Financial Advisors have a variety of roles and can work in different settings, which affects their earnings. Some Financial Advisors might earn more due to their skills and the services they provide. Others may earn more by working with large companies or by being very successful in their careers. The earnings can vary widely, from around $37,000 to $182,000. A good portion of Financial Advisors in Salt Lake City earn between $63,364 and $129,273 each year. This range shows there is potential for growth and higher pay with experience and success.
What are the highest paying cities for a Financial Advisor near Salt Lake City, UT?

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Sandy, UT
Average Salary: $100,375
Working as an advisor in Sandy offers a blend of professional growth and community feel. The area is home to well-known firms such as Zions Bank and American National Bank, providing diverse opportunities for those in the field.
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Provo, UT
Average Salary: $98,487
In Provo, financial advisors thrive in a vibrant and growing community. Brigham Young University’s presence adds to the area's educational resources, making it a great place for continuous learning. Companies like Ameriprise Financial and Fidelity Investments are prominent employers.
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Lehi, UT
Average Salary: $93,683
Lehi presents a dynamic environment for advisors, with major employers such as Fidelity and Goldman Sachs offering exciting career paths. The community’s focus on growth and innovation makes it a great place for financial professionals.
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South Jordan, UT
Average Salary: $80,189
In South Jordan, financial advisors benefit from a supportive community and major companies like Wells Fargo and Bank of America. The area’s expanding economy creates a stable and rewarding setting for those in the industry.
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Layton, UT
Average Salary: $76,192
Layton is an ideal place for advisors, with a mix of financial institutions such as Chase Bank and Wells Fargo. The area’s steady economic growth and community spirit provide a solid foundation for career advancement.
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Holladay, UT
Average Salary: $74,014
Holladay offers a prestigious setting for financial advisors, with high-profile firms like Merrill Lynch and Edward Jones. The area’s affluent clientele provides excellent opportunities for growth and success.
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Orem, UT
Average Salary: $67,850
Orem’s growing economy and companies like American National Bank make it a promising place for financial advisors. The community’s focus on education and development creates a conducive environment for professionals.
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West Valley City, UT
Average Salary: $66,320
In West Valley City, financial advisors can leverage opportunities at firms like Zions Bank and American National Bank. The area’s diverse economic landscape offers a range of career options and professional growth.
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Draper, UT
Average Salary: $66,212
Draper provides a vibrant environment for financial advisors with major firms such as Goldman Sachs and Fidelity Investments. The city’s expanding economy and community support make it a great place to thrive.
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Ogden, UT
Average Salary: $52,631
Ogden offers a strong foundation for advisors, with key employers like Wells Fargo and Chase Bank. The city’s economic stability and community engagement provide a rewarding environment for career development.
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What are the best paying companies for a Financial Advisor in Salt Lake City, UT?

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Northwestern Mutual
Average Salary: $147,417
At Northwestern Mutual, Financial Advisors help clients achieve their financial goals. They work with individuals, families, and businesses. This company operates nationwide, including in Salt Lake City, UT, where they offer personal financial planning, retirement planning, and investment management.
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Deloitte
Average Salary: $97,999
Deloitte offers Financial Advisor jobs with a focus on both personal and corporate finance. They provide tax, audit, and advisory services. This global company has a presence in Salt Lake City, Utah, where advisors help clients with strategic financial decisions and compliance.
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Magellan Financial
Average Salary: $86,667
Magellan Financial offers Financial Advisor positions with a focus on wealth management. They provide personalized financial planning and investment services. This company operates in Salt Lake City, Utah, where advisors assist clients with retirement planning and estate management.
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Ameriprise Financial
Average Salary: $78,867
Ameriprise Financial offers Financial Advisor jobs that emphasize personal and business financial planning. They provide services such as investment management, insurance, and retirement planning. This company operates in Salt Lake City, Utah, where advisors help clients navigate complex financial landscapes.
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Bank of America
Average Salary: $70,933
Bank of America offers Financial Advisor positions with a focus on a wide range of financial services. They provide banking, investment, and wealth management services. This company has a strong presence in Salt Lake City, Utah, where advisors help clients with savings, investments, and retirement planning.
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Magellan Health Services
Average Salary: $68,044
Magellan Health Services offers Financial Advisor jobs that focus on healthcare and benefits management. They provide services such as health plan administration and financial consulting. This company operates in Salt Lake City, Utah, where advisors help organizations and individuals with financial planning and healthcare solutions.
What are the best paying Financial Advisor related jobs in Salt Lake City, UT?

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Risk Management Director
Average Salary: $292,750
These roles work to identify and mitigate financial risks. They often collaborate with financial advisors to ensure sound investment strategies. Companies such as Zions Bank and American West Financial seek professionals for these positions.
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Chief Risk Officer
Average Salary: $229,395
This executive role oversees the risk management strategy for a company. They ensure that financial operations comply with regulations. Salt Lake City offers opportunities with major firms like Zions Bank and Questar Corporation.
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Risk Management Manager
Average Salary: $141,112
These managers lead teams that assess and control financial risks. They develop risk mitigation plans and strategies. Employers such as American West Financial and Questar Corporation look for experienced managers.
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Underwriting Manager
Average Salary: $130,454
Underwriting managers evaluate and approve insurance applications. They work closely with financial advisors to ensure accurate risk assessments. Companies like Zions Bank and Questar Corporation offer roles for underwriting managers.
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Investment Banker
Average Salary: $113,486
Investment bankers help businesses and individuals raise capital. They provide financial advice on mergers and acquisitions. This role is available with firms like Zions Bank and Questar Corporation in Salt Lake City.
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Portfolio Manager
Average Salary: $110,343
These professionals manage investment portfolios for clients. They work to achieve financial goals and maximize returns. Investment management firms in Salt Lake City seek experienced portfolio managers.
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Wealth Management Advisor
Average Salary: $108,407
Wealth management advisors help clients with financial planning and investment strategies. They provide personalized advice to help clients grow their wealth. Companies like Zions Bank and Questar Corporation hire for these roles.
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Risk Analyst
Average Salary: $106,887
Risk analysts evaluate financial data to identify potential risks. They prepare reports and recommendations for managers. Risk management firms and financial institutions look for analysts with strong analytical skills.
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Risk Specialist
Average Salary: $97,289
Risk specialists focus on specific types of financial risk. They develop strategies to mitigate these risks. Companies such as Zions Bank and Questar Corporation offer positions for risk specialists.
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Acquisitions Specialist
Average Salary: $92,383
These specialists focus on identifying and completing mergers and acquisitions. They work with financial advisors to ensure successful transactions. Major firms in Salt Lake City seek professionals for these roles.
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