Entry-Level Financial Advisor Salary in Provo, UT: $38,231 (2026)
Quick Answer:New financial advisors entering the Provo, UT job market in 2026 can expect a starting salary around $38,231 (BLS 10th-percentile benchmark for SOC 13-2052, projected from 2025 OEWS data). Stripping out Provo's local price level (BEA RPP 98.2 — 2% below national), a first-year paycheck buys what $38,919 would in average-cost America. Most reach the city median ($99,240) within a few years of clinical practice.
Official BLS data · View source
In 2026, new graduates entering the financial advisory field in Provo, UT, can expect a starting salary of approximately $38,231, which is significantly lower than the city's median annual salary of $99,240. This gap highlights the reality for entry-level positions; however, there's potential for growth as professionals gain experience. Within the first few years, individuals can realistically look to advance to the P25 salary mark of $64,170, and with dedication and skill, they could reach the median within three to five years. Given the positive local economic conditions and the promising growth trajectory of 3.30% per year for this profession, Provo appears to be a good market for new grads looking to launch their careers as financial advisors.
Career Earnings Timeline in Provo
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 Provo
Entry-level financial advisors in Provo, UT typically start between $38,231 and $64,170 per year (2026 est.). The full salary range spans $125,138 from the 10th to 90th percentile, with the local median at $99,240 — 8.57% below the national median.
Return on Investment
The average financial planning program cost in Utah of $42,000 represents just 109.86% of the starting financial advisor pay ($38,231/year) in Provo. 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 Provo
- 1Research the Provo market: entry-level financial advisor pay ranges from $38,231 to $64,170, 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 Provo, 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 Provo for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Provo'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 Provo is $125,138 ( 327.32%) between entry-level and top earners. Starting at $38,231, experienced hygienists can earn up to $163,369.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$35,320
2025 BLS Actual
$37,010
2026 Current Est.
$38,231
2019–2027 Growth
+11.8%
Salary Trajectory for Financial Advisors in Provo (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $35,320 | Actual |
| 2020 | $27,440 | Actual |
| 2021 | $23,150 | Actual |
| 2022 | $44,340 | Actual |
| 2023 | $32,660 | Actual |
| 2024 | $52,128 | Actual |
| 2025 | $37,010 | Actual |
| 2026(current) | $38,231 | Estimated |
| 2027 | $39,493 | Projected |
Entry-level financial advisor compensation (10th percentile) in Provo, UT grew 4.8% over 7 years based on actual BLS metropolitan area surveys, rising from $35,320 in 2019 to $37,010 in 2025. By 2027, starting salaries are projected to reach $39,493. New graduates entering the Provo job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Provo 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 Provo
In Provo, various reputable employers actively recruit entry-level financial advisors, including insurance firms like Northwestern Mutual and Edward Jones, which often offer structured onboarding programs and bonuses to ease the transition into commission-based roles. Additionally, registered investment advisors (RIAs) are on the lookout for new talent, especially those holding a CFP designation, as these positions increasingly focus on a fiduciary model. For new entrants to boost their potential earnings, obtaining licenses such as the Series 7 and Series 66, along with a state insurance license for life and health products, can enhance their marketability. In this evolving industry, understanding the bifurcation between commission-driven wirehouses and fee-only advisory firms is crucial as new professionals strategize their career paths over the first few years, aiming for robust salary growth driven by asset management fees or commission structures based on performance.
More salary data for Provo, 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 Provo. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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