Entry-Level Financial Advisor Salary in Laramie, WY: $59,605 (2026)
Quick Answer:New financial advisors entering the Laramie, WY job market in 2026 can expect a starting salary around $59,605 (BLS 10th-percentile benchmark for SOC 13-2052, projected from 2025 OEWS data). Stripping out Laramie's local price level (BEA RPP 95.8 — 4% below national), a first-year paycheck buys what $62,218 would in average-cost America. Most reach the city median ($102,768) within a few years of clinical practice.
Based on BLS state-level estimates · View source
Graduates entering the financial advisory field in Laramie, Wyoming, can anticipate starting annual salaries around $59,605 in 2026. This figure represents the lower end of the salary spectrum and suggests that beginners will need to strategically build their skills and client base to reach the local median salary of $102,768 over time. The growth potential is tangible; as early-career advisors advance in experience, salaries can climb toward the $73,993 benchmark at the 25th percentile and even higher as they transition closer to the median. Laramie, with its unique economic landscape and a cost of living index of 95.8, presents a viable market for new graduates eager to establish their footing in the financial services arena, despite slightly lower pay compared to national averages.
About the Laramie Market
Salary estimated from Wyoming average ($85,000) adjusted for local cost of living.
Career Earnings Timeline in Laramie
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 Laramie
Entry-level financial advisors in Laramie, WY typically start between $59,605 and $73,993 per year (2026 est.). The full salary range spans $99,686 from the 10th to 90th percentile, with the local median at $102,768 — 5.32% below the national median.
Return on Investment
The average financial planning program cost in Wyoming of $35,000 represents just 58.72% of the starting financial advisor pay ($59,605/year) in Laramie. 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 Laramie
- 1Research the Laramie market: entry-level financial advisor pay ranges from $59,605 to $73,993, 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 Laramie, 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 Laramie for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Laramie'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 Laramie is $99,686 ( 167.24%) between entry-level and top earners. Starting at $59,605, experienced hygienists can earn up to $159,291.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$49,378
2025 BLS Actual
$57,701
2026 Current Est.
$59,605
2019–2027 Growth
+24.7%
Salary Trajectory for Financial Advisors in Laramie (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $49,378 | Actual |
| 2020 | $50,700 | Actual |
| 2021 | $54,689 | Actual |
| 2022 | $53,689 | Actual |
| 2023 | $56,023 | Actual |
| 2024 | $46,680 | Actual |
| 2025 | $57,701 | Actual |
| 2026(current) | $59,605 | Estimated |
| 2027 | $61,572 | Projected |
Entry-level financial advisor compensation (10th percentile) in Laramie, WY grew 16.9% over 7 years based on actual BLS metropolitan area surveys, rising from $49,378 in 2019 to $57,701 in 2025. By 2027, starting salaries are projected to reach $61,572. New graduates entering the Laramie job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Laramie 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 Laramie
In Laramie, new financial advisors can find opportunities primarily with renowned organizations such as Northwestern Mutual, Edward Jones, and MassMutual, which often have structured programs designed for recent grads. These employers typically offer ramp-up periods along with bonuses that can boost initial compensation significantly. Additionally, regional wirehouses and Registered Investment Advisers (RIAs) provide pathways for those who are pursuing the Certified Financial Planner (CFP) designation or already hold licenses such as the Series 7 and Series 66. Credentials like the CFP and CFA can enhance starting pay and open doors to more lucrative roles within firms, particularly as the advisory landscape leans towards fiduciary models. Therefore, in the context of the industry's bifurcation between commission-based and fee-only advisory practices, new advisors should focus on developing client relationships, enhancing their professional qualifications, and adapting to the evolving market dynamics that favor RIAs, positioning themselves for promising salary growth within their first three years.
More salary data for Laramie, WY:
Frequently Asked Questions
What is the starting salary for financial advisors in Laramie in 2026?
How fast do financial advisor salaries grow in Laramie?
Is financial planning school worth it in Laramie?
What do new financial advisors make right out of school in Laramie?
How do I become a financial advisor in Wyoming?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Wyoming
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 Laramie. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Laramie 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