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Verified by UT Board of Business

Financial Advisor Licensing in Utah

Review current requirements, exam details, renewal cycle, and salary outlook for financial advisor in Utah, including See agency and board contact links.

Last verified: Feb 12, 2026

Application Fee

See agency

Exam Requirement

State-approved exam

Renewal Cycle

See board renewal rules

Licensing Blueprint for Financial Advisor in Utah

Estimated timeline: 6-24 months

Core Requirements

  • License Type: Register with licensing agency
  • Education: Varies by state board
  • Examination: State-approved exam
  • Application Fee: See agency

Application Snapshot

  1. Licensing Authority

    Utah Department of Commerece • Utah Division of Securities

  2. Current Filing Fee

    See agency

  3. Renewal Cycle

    See board renewal rules

  4. Salary Position

    $67,210 median (34% below national)

  5. State Salary Rank

    #49 of 50 states

Step-by-Step Process (4)

  1. 1. Meet baseline eligibility requirements.
  2. 2. Complete approved education/training requirements.
  3. 3. Pass required exam(s) and submit application.
  4. 4. Maintain and renew license according to board rules.

Salary Insights in Utah

With a median salary of 67,210, Financial Advisors in Utah earn 34% below the national median of $102,140. Utah ranks #49 among 50 states. The typical licensing timeline is 6-24 months.

State Hiring Climate (QCEW)

Steady

QoQ Employment Change

+1.3%

Average Weekly Wage

$1,285

Median annual salary

$67,210

Hourly estimate

$32.31
34% below national median

Difference: -$34,930

Percentile Distribution

Annual compensation
  • P1010th percentile$39,990
  • P2525th percentile$60,640
  • P50Median$67,210
  • P7575th percentile$123,960
  • P9090th percentileN/A

State vs National Median

State: $67,210
National: $102,140

Total employment: 2,620 | Annual openings: N/A

Financial Advisor Salary Ranking

#49 of 50 statesfor Financial Advisor median salary
RankStateMedian Salary
#1New York167,970
#2Idaho136,440
#3California128,650
#4Delaware128,170
#5New Jersey123,690

Nearby States Comparison

Financial Advisor licensing across the region
StateMedian SalaryEducationExamTimeline
Utah$67,210Varies by state boardState-approved exam6-24 months
Idaho$136,440Varies by state boardState exam required6-24 months
Wyoming$102,140No educational requirementsNo exam required6-24 months
Colorado$85,580Specific course requiredThird-party exam required6-24 months
New Mexico$77,710Varies by state boardThird-party exam required6-24 months
Arizona$85,150Varies by state boardState-approved exam6-24 months
Nevada$81,940Degree requiredThird-party exam required6-24 months

License by Endorsement

Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.

StateReciprocity ScoreTierNotes
Utah78HighBoard-specific review required.
Idaho62MediumState-specific exam conditions may apply. Background check or criminal history review is indicated.
Wyoming54LowState-specific exam conditions may apply. Documented experience may be required.
Colorado56MediumState-specific exam conditions may apply. Documented experience may be required.
New Mexico54LowState-specific exam conditions may apply. Documented experience may be required.
Arizona78HighBoard-specific review required.
  • License status indicator: Active.
  • Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Official Licensing Agency

Utah Department of Commerece • Utah Division of Securities

160 East 300 South 2nd Floor, PO Box 146760, Salt Lake City, UT, 84114-6760

Phone: 8015306600

Related Careers in Utah

ProfessionMedian SalaryEducationTimeline
Architect$81,710Varies by state board6-24 months
Certified Public Accountant$75,100Varies by state board6-24 months
Civil Engineer$92,000Varies by state board6-24 months
Funeral Director$61,190Varies by state board6-24 months

FAQ

How long does it take to become a Financial Advisor in Utah?

Most applicants finish the licensing path in about 6-24 months, but timing can change based on education track, exam scheduling, and board processing.

What is the typical Financial Advisor salary in Utah?

The median annual salary for Financial Advisors in Utah is 67,210.

How does the Financial Advisor salary in Utah compare to the national average?

Financial Advisors in Utah earn 34% below the national median of $102,140, with a state median of 67,210.

How many Financial Advisors work in Utah?

Utah employs approximately 2,620 Financial Advisors according to BLS data.

Can I transfer my Financial Advisor license to Utah from another state?

Transfer requirements vary by board. License status indicator: Active. Reciprocity and transfer rules vary by state board. Verify directly with the agency.

Who is the licensing agency for Financial Advisors in Utah?

The licensing agency is Utah Department of Commerece / Utah Division of Securities. Review agency details at http://www.securities.utah.gov/.