Financial Advisor Salary in Orem, UT: $98,196 (2026)
Quick Answer:A full-time financial advisor in Orem, UT earns a median $98,196/year (≈ $47.21/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Orem's price level (2% below national, BEA RPP 98.1), that paycheck buys what $100,098 would nationally. Nominal pay sits 46.5% above the Utah state average.
Based on BLS state-level estimates · View source

Orem, Utah stands out with a projected median annual financial advisor salary of $98,196 for 2026, which is significantly below the national median of $108,537. The salary for financial advisors in Orem shows a wide range, with entry-level positions starting at approximately $56,953 and experienced advisors earning as much as $152,203. These figures reflect local estimates based on 2025 BLS data and adjusted for regional cost-of-living differences. The dynamics in Orem's job market suggest that independence can be lucrative for those who choose to transition from wirehouses to independent financial advising, as advisor compensation is increasingly influenced by their ability to manage larger assets under management (AUM) and establish their brands.
About the Orem Market
Salary estimated from Utah average ($92,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $56,953 | $27.38 |
| Lower Range (P25) | $70,701 | $33.99 |
| Median (P50)(typical) | $98,196 | $47.21 |
| Upper Range (P75) | $125,691 | $60.43 |
| Top Earners (P90) | $152,203 | $73.18 |
Median Salary Position
9.53% below the national average
2026 Salary Percentile Distribution in Orem
In Orem, UT, the financial advisor salary spread from the 10th to 90th percentile is $95,250 (2026 est.). At $98,196, the local median is 9.53% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Orem: You'd be in the lower-middle range
How Orem Financial Advisor Pay Compares
Orem median: $98,196/year (2026)
| Compared To | Median Salary | Orem Pays |
|---|---|---|
| Utah Average | $67,028 | +46.50% more |
| National Average | $108,537 | -9.53% less |
Financial Advisors in Orem, UT earn a median of $98,196 per year (2026 est.), which is 9.53% lower than the national median of $108,537 and 46.50% above the Utah state average of $67,028.
Cost-of-Living Adjusted Salary
Orem has a cost of living 1.90% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Orem, UT has a cost-of-living index of 98.1 (below the national average of 100). A financial advisor earning $98,196 nominally has purchasing power equivalent to $100,098 in an average-cost city — an effective 1.94% boost.
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2019 BLS Actual
$79,480
2025 BLS Actual
$95,059
2026 Current Est.
$98,196
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Orem (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $79,480 | Actual |
| 2020 | $80,819 | Actual |
| 2021 | $85,198 | Actual |
| 2022 | $86,301 | Actual |
| 2023 | $90,092 | Actual |
| 2024 | $88,410 | Actual |
| 2025 | $95,059 | Actual |
| 2026(current) | $98,196 | Estimated |
| 2027 | $101,436 | Projected |
Based on 7 years of BLS OEWS data for the Orem metropolitan area, the median financial advisor salary grew 19.6% from $79,480 (2019) to $95,059 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $101,436 by 2027 — a total increase of $21,956 (27.62%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Orem 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $56,953 – $70,701 |
| 3-5 years (Mid Career) | $70,701 – $98,196 |
| 5+ years (Experienced) | $98,196 – $125,691 |
| 10+ years (Top Earner) | $125,691 – $152,203 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Orem
A total of 24 financial advisors are currently employed in Orem, contributing to a competitive job market. With a cost-of-living index of 98.1, advisors may find that their take-home pay lends itself to a relatively comfortable lifestyle compared to other regions. Compensation varies significantly based on the type of employer; wirehouses typically offer attractive packages, while independent Registered Investment Advisors (RIAs) may pay notably based on their fee structures. To maximize pay in Orem, advisors should focus on attracting high-net-worth clients and obtaining credentials such as the CFP or CFA, which can lead to higher compensation. Given the ongoing shift in the industry towards advisory roles with a fiduciary focus, those who emphasize client relationships, diversify their services, and provide value beyond basic investment management will likely see greater financial success in this market.
More salary data for Orem, 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
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 BLS reported a median annual salary of $95,059 for financial advisorsin the Orem metropolitan area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Orem 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