Personal Financial Advisors Salary

Yes — at the median salary of $77K, rent takes 27.4% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,350/month. That stays under the 30% guideline most financial planners use.

The 10th-percentile wage — what new personal financial advisors typically earn — is $48K/year. Take-home on that works out to about $2,870/month. At HUD’s $1,350/month FMR, rent would take 47% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.

Local pay runs 26% below the national median — $77K here vs. $105K nationally.

Utah pays $77K median vs. the U.S. average of $105K — that’s -26%. After adjusting for local cost of living (RPP 98.54), the purchasing-power equivalent is $79K — below the national median.

The median is $77,390 a year, that works out to about $37 an hour. But the range is wide: entry-level workers start around $47,840, and experienced personal financial advisors can clear $208,970. The mean (average) is $117,140, reflecting that some workers earn substantially more. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $4,936/month after taxes. A 2-bedroom here rents for about $1,350/month, which eats 27.4% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.

Utah has a Regional Price Parity of 98.54 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median personal financial advisors salary is worth about $78,537 in national-average purchasing power.

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.