Entry-Level Financial Advisor Salary in Holladay, UT: $38,507 (2026)
Quick Answer:New financial advisors entering the Holladay, UT job market in 2026 can expect a starting salary around $38,507 (BLS 10th-percentile benchmark for SOC 13-2052, projected from 2025 OEWS data). Stripping out Holladay's local price level (BEA RPP 98.1 — 2% below national), a first-year paycheck buys what $39,253 would in average-cost America. Most reach the city median ($66,391) within a few years of clinical practice.
Based on BLS state-level estimates · View source
A career as an entry-level financial advisor in Holladay, UT, presents graduates with a starting salary around $38,507, which significantly trails the city’s median annual salary of $66,391. This gap may seem daunting at first, but early-career financial advisors in the area can witness gradual salary growth. Over the first 3-5 years, salaries can increase as professionals move from the 10th percentile ($38,507) through the 25th percentile ($47,801) and towards the median, USD$66,391. For recent graduates eager to break into the financial services industry, the current economic landscape indicates that Holladay remains a viable market for starting their careers, especially as the financial advisory field continues to expand in Utah.
About the Holladay Market
Salary estimated from Utah average ($92,000) adjusted for local cost of living.
Career Earnings Timeline in Holladay
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in Holladay
Entry-level financial advisors in Holladay, UT typically start between $38,507 and $47,801 per year (2026 est.). The full salary range spans $64,399 from the 10th to 90th percentile, with the local median at $66,391 — 38.83% below the national median.
Return on Investment
The average financial planning program cost in Utah of $42,000 represents just 109.07% of the starting financial advisor pay ($38,507/year) in Holladay. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.
Program cost estimates cover bachelor's degree tuition plus licensing exam fees (Series 7, 63/66) and optional CFP certification program costs. Continuing education is required for license maintenance.
CFP, FA Salary Negotiation Tips for New Graduates in Holladay
- 1Research the Holladay market: entry-level financial advisor pay ranges from $38,507 to $47,801, so aim for at least the 25th percentile if you have strong credentials.
- 2Highlight any additional certifications or specialty training within the financial planning field — employers in UT often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Holladay, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
- 4Consider starting with a larger hospital system or multi-site employer in Holladay for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Holladay's moderate cost of living means your starting salary goes further here compared to many larger metro areas.
Financial Advisor Compensation Range
The financial advisor wage spread in Holladay is $64,399 ( 167.24%) between entry-level and top earners. Starting at $38,507, experienced hygienists can earn up to $102,906.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$31,900
2025 BLS Actual
$37,277
2026 Current Est.
$38,507
2019–2027 Growth
+24.7%
Salary Trajectory for Financial Advisors in Holladay (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $31,900 | Actual |
| 2020 | $32,754 | Actual |
| 2021 | $35,331 | Actual |
| 2022 | $34,685 | Actual |
| 2023 | $36,193 | Actual |
| 2024 | $51,838 | Actual |
| 2025 | $37,277 | Actual |
| 2026(current) | $38,507 | Estimated |
| 2027 | $39,778 | Projected |
Entry-level financial advisor compensation (10th percentile) in Holladay, UT grew 16.9% over 7 years based on actual BLS metropolitan area surveys, rising from $31,900 in 2019 to $37,277 in 2025. By 2027, starting salaries are projected to reach $39,778. New graduates entering the Holladay job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Holladay metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.30% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Starting Your financial planning Career in Holladay
New graduates should consider various job opportunities in Holladay that can lead to a fruitful career as a financial advisor. Employers such as Northwestern Mutual, Edward Jones, and MassMutual often recruit entry-level candidates, providing structured training and potential bonuses tied to commissions. As firms increasingly lean towards a fee-only fiduciary model, registered investment advisors (RIAs) look for associate advisors who have completed a Certified Financial Planner (CFP) designation, which serves as a valuable credential in the industry. The pursuit of securities licensing through the Series 7 and Series 66 exams is crucial for new financial advisors; those who enhance their skills with further certifications such as the Chartered Financial Analyst (CFA) or Certified Public Accountant (CPA) may elevate their starting pay. Realistically, within the first three years in Holladay, driven new graduates can anticipate salary increases aligned with their growing client bases and responsibilities, further reflecting the industry shift from a commission-based to an AUM-based fee model, particularly prevalent among RIAs.
More salary data for Holladay, UT:
Frequently Asked Questions
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Written by Jordan Lee, CFP
Career Analyst
Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.
Methodology & Data Source
Entry-level salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The 10th percentile (entry-level) is used as the starting salary benchmark for new financial planning graduates. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Holladay. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Holladay is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.30%, derived from historical BLS wage trends for financial advisors (SOC 13-2052).
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov