The average salary for a Financial Advisor is C$47,041 per year. Most people move on to other jobs if they have more than 20 years' experience in this career. For the first five to ten years in this position, pay increases sharply, but any additional experience does not have a big effect on pay. A skill in Mortgage Loans is associated with high pay for this job.

C$35,179 - C$63,389
(Median)
C$35K
C$47K
C$63K
MEDIAN: C$47,041
10%
50%
90%

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C$11.26 - C$27.41
(Median)
C$11
C$18
C$27
MEDIAN: C$17.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
C$0C$24KC$48KC$72K
Salary
C$35,179 - C$63,389  
   
Bonus
C$1,466 - C$10,489  
Profit Sharing
C$0.00 - C$6,766  
Commission
C$1,957 - C$61,277  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
C$34,729 - C$70,285  
Country: Canada | Currency: CAD | Updated: 28 Oct 2016 | Individuals Reporting: 738
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
C$0C$12C$24C$36
Hourly Rate
C$11.26 - C$27.41  
   
Overtime
C$35.50  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
C$0C$24KC$48KC$72K
Bonus
C$1,466 - C$10,489  
   
Commission
C$1,957 - C$61,277  
Profit Sharing
C$0.00 - C$6,766  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
C$34,729 - C$70,285  
Country: United States | Currency: CAD | Updated: 28 Oct 2016 | Individuals Reporting: 61
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Common Career Paths for Financial Advisor


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Financial Advisor Job Listings

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Popular Employer Salaries for Financial Advisor

Popular Skills for Financial Advisor

Pay by Experience Level for Financial Advisor

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference by Location

National Average: C$48,985

Larger city markers indicate a job is popular in that location.

Financial Advisor Reviews

What is it like working as a Financial Advisor?

Financial Advisor in Waterloo:
"Rewarding"
Pros: Meeting and building relationships with people
Cons: Service work, I don't think I get paid enough for the amount of service I put in. This time could be put to use elsewhere, for example bringing in new business.

Financial Advisor in Peace River:
"Demanding, multi-tasking high sales job"
Pros: The chance to help people improve their financial situation.
Cons: As I get better at my job, I'm farther away from people that need help and dealing with more affluent customers that are often too suspicious to even accept any advice or suggestions I make to improve their financial situation.

Related Job Salaries

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Experience Affects Financial Advisor Salaries




National Average
C$49,000


Skills That Affect Financial Advisor Salaries

Mortgage Loans
up arrow 21%


Sales
up arrow 4%

Financial Advisor
up arrow 3%

Insurance
up arrow 2%

Financial Analysis
up arrow 1%

National Average
C$49,000

Investment Management
up arrow 14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 73 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
9%
1-4 years
47%
5-9 years
21%
10-19 years
16%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 74%
medical benefits
Vision: 61%
dental benefits
None: 12%
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