How to Become a Personal Financial Advisors in Utah
Personal Financial Advisors in Utah earn a median salary of $77,390/year, which is 26% below the national average. Utah has a state income tax of ~4.7%. After taxes and rent, a personal financial advisors takes home approximately $1,531/month. Most positions require Bachelor's degree.
What a personal financial advisors can afford in Utah
Becoming a personal financial advisors in Utah
Meet education requirements
Personal Financial Advisors positions in Utah typically require Bachelor's degree. Programs are available at colleges and training institutions across Utah. Research accredited programs in your area.
Gain required experience
Many personal financial advisors positions in Utah require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Utah licensure or certification
Utah may require specific licensing or professional certification for personal financial advisorss. Requirements vary by state, contact the Utah Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Utah
Utah employs 2,520 personal financial advisors. The highest concentrations are in Provo-Orem-Lehi and Salt Lake City-Murray.
Personal Financial Advisors salary by metro area in Utah
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Provo-Orem-Lehi | $96K | $46.19/hr | 240 |
| Salt Lake City-Murray | $78K | $37.5/hr | 1,900 |
| St. George | $65K | $31.2/hr | 60 |
| Ogden | $63K | $30.08/hr | 180 |
| Logan | $60K | $28.95/hr | 50 |
Personal Financial Advisors salary range in Utah
Personal Financial Advisors careers in other states
Frequently asked questions
How much does a personal financial advisors make in Utah?▼
The median personal financial advisors salary in Utah is $77,390 per year ($37.21/hr). This is 26% below the national median of $105,070. Salaries range from $47,840 to $208,970.
What are the requirements to become a personal financial advisors in Utah?▼
Personal Financial Advisors positions in Utah typically require Bachelor's degree. Utah may have specific licensing or certification requirements. Check with the Utah licensing board or department of labor for current requirements.
Can a personal financial advisors afford to live in Utah?▼
At the median salary of $77,390, a personal financial advisors in Utah would take home approximately $4,936/month after taxes. With median 2-bedroom rent at $3,405/month, that's 69% of take-home pay going to housing. This exceeds the recommended 30% guideline.
What are the best cities for personal financial advisors in Utah?▼
The highest paying metro areas for personal financial advisors in Utah are Provo-Orem-Lehi ($96,070), Salt Lake City-Murray ($77,990), St. George ($64,900). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.
Does Utah have state income tax for personal financial advisors?▼
Yes, Utah has a state income tax rate of approximately 4.7%. On a $77,390 salary, this means roughly $3,599/year in state income tax. Use our take-home pay calculator for a detailed breakdown.