Top Financial Advisors in Salt Lake City, UT
Top Advisors in Salt Lake City
Median Advisor Fee
Compensation Types
Top Credentials
Frequently Asked Questions
How much does a financial advisor cost in Salt Lake City?
The median advisory fee in Salt Lake City, UT is 1.23% of assets under management. This is 7% above the national median. Fees vary based on portfolio size, services provided, and the advisor's fee structure.
How many fee-only advisors are in Salt Lake City?
There are 1,028 fee-only financial advisors in Salt Lake City, UT, representing 60.7% of all advisors in the area. Fee-only advisors do not earn commissions from selling financial products, which can reduce potential conflicts of interest.
What credentials should I look for in a Salt Lake City financial advisor?
The most common professional designation among Salt Lake City advisors is the CFP (Certified Financial Planner), held by 136 advisors. Other important credentials include the CFA (Chartered Financial Analyst) and CPA (Certified Public Accountant). These certifications require rigorous education, examination, and ongoing continuing education.