Entry-Level Financial Advisor Salary in Cheyenne, WY: $52,053 (2026)
Quick Answer:New financial advisors entering the Cheyenne, WY job market in 2026 can expect a starting salary around $52,053 (BLS 10th-percentile benchmark for SOC 13-2052, projected from 2025 OEWS data). Stripping out Cheyenne's local price level (BEA RPP 96.5 — 4% below national), a first-year paycheck buys what $53,946 would in average-cost America. Most reach the city median ($60,637) within a few years of clinical practice.
Official BLS data · View source
For those entering the financial advisory profession in Cheyenne, Wyoming, the starting financial advisor salary presents both challenges and opportunities. In 2026, entry-level positions may offer salaries around $52,053, which is modest when compared to the overall median salary of $60,637 for financial advisors in the city. The gap indicates that new graduates should manage their expectations in the early stages of their careers. However, with steady growth projected at 3.30% annually, those starting at entry-level can anticipate gradual increases in compensation, with potential earnings reaching the P25 figure of $52,063 after gaining some experience. Currently, Cheyenne represents a viable market for new grads looking to enter this profession, particularly as firms seek to cultivate fresh talent despite low starting pay.
Career Earnings Timeline in Cheyenne
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 Cheyenne
Entry-level financial advisors in Cheyenne, WY typically start between $52,053 and $52,063 per year (2026 est.). The full salary range spans $82,888 from the 10th to 90th percentile, with the local median at $60,637 — 44.13% below the national median.
Return on Investment
The average financial planning program cost in Wyoming of $35,000 represents just 67.24% of the starting financial advisor pay ($52,053/year) in Cheyenne. 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 Cheyenne
- 1Research the Cheyenne market: entry-level financial advisor pay ranges from $52,053 to $52,063, 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 WY often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Cheyenne, 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 Cheyenne for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Cheyenne'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 Cheyenne is $82,888 ( 159.24%) between entry-level and top earners. Starting at $52,053, experienced hygienists can earn up to $134,941.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$40,740
2025 BLS Actual
$50,390
2026 Current Est.
$52,053
2019–2027 Growth
+32.0%
Salary Trajectory for Financial Advisors in Cheyenne (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $40,740 | Actual |
| 2020 | $45,070 | Actual |
| 2021 | $47,790 | Actual |
| 2022 | $44,920 | Actual |
| 2023 | $48,924 | Actual |
| 2024 | $47,300 | Actual |
| 2025 | $50,390 | Actual |
| 2026(current) | $52,053 | Estimated |
| 2027 | $53,771 | Projected |
Entry-level financial advisor compensation (10th percentile) in Cheyenne, WY grew 23.7% over 7 years based on actual BLS metropolitan area surveys, rising from $40,740 in 2019 to $50,390 in 2025. By 2027, starting salaries are projected to reach $53,771. New graduates entering the Cheyenne job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Cheyenne 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 Cheyenne
Employers in Cheyenne that commonly hire new financial advisors include prominent firms such as Northwestern Mutual, Edward Jones, and MassMutual, which actively recruit through structured programs that offer ramp-up periods and bonuses based on commissions. Additionally, some regional independent registered investment advisors (RIAs) are sourcing candidates from the Certified Financial Planner (CFP) schools, guiding them into associate advisory roles with a defined client-service pathway. For those looking to enhance their starting salaries in Wyoming, obtaining credentials such as the Series 7 and Series 66 licenses, as well as state insurance licenses, can significantly increase earning potential. The industry's evolving landscape favors the fiduciary fee-only model found in RIAs, which promote AUM-based compensation, contrasting with commission-based structures typical of wirehouses. Early-career advisors in Cheyenne can expect salary growth that begins slowly but could accelerate as they build their client base and credentials, especially if they pursue the CFP designation during their first few years on the job.
More salary data for Cheyenne, WY:
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 Cheyenne. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Source: BLS, OEWS, 6-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