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Financial Advisor Salary (Canada)

A Financial Advisor earns an average salary of C$48,692 per year. People in this job generally don't have more than 20 years' experience. Skills that are associated with high pay for this job are Mortgage Loans, Financial Analysis, and Investment Planning.
Financial Advisor Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
C$33,489 - C$65,701
(Median)
33K
40K
49K
56K
66K
MEDIAN: C$48,692
10%
25%
50%
75%
90%
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Financial Advisor Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
C$10.37 - C$25.27
(Median)
10
13
16
22
25
MEDIAN: C$16.00
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
C$0C$26KC$52KC$78K
Salary
C$33,489 - C$65,701  
   
Bonus
C$783 - C$13,382  
Profit Sharing
C$582 - C$9,744  
Commission
C$0.00 - C$49,749  
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$32,656 - C$76,896  
Country: Canada | Currency: CAD | Updated: 2 Sep 2014 | Individuals Reporting: 808
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
C$0C$13C$26C$39
Hourly Rate
C$10.37 - C$25.27  
   
Overtime
C$15.72 - C$30.42  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
C$0C$26KC$52KC$78K
Bonus
C$783 - C$13,382  
   
Commission
C$0.00 - C$49,749  
Profit Sharing
C$582 - C$9,744  
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$32,656 - C$76,896  
Country: United States | Currency: CAD | Updated: 2 Sep 2014 | Individuals Reporting: 60
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Location:
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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

Victoria
up arrow 17%
up arrow 4%
Barrie
up arrow 4%
Edmonton
up arrow 3%
London
up arrow 3%
up arrow 2%
Kitchener
up arrow 1%
Vancouver
0%
National Average
C$51,000
up arrow 1%
Mississauga
up arrow 2%
Windsor
up arrow 12%
Halifax
up arrow 13%
Brampton
up arrow 16%
Winnipeg
up arrow 17%
Larger circles over a city 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$51,000

Skills That Affect Financial Advisor Salaries

Mortgage Loans
up arrow 15%
Financial Analysis
up arrow 14%
up arrow 6%
National Average
C$51,000

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 101 votes.

Gender

Female
46%
female alumni
 
Male
54%
male alumni

Years of Experience

Less than 1 year
9%
1-4 years
46%
5-9 years
25%
10-19 years
12%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 78%
vision benefits Vision: 56% employee benefits None: 13%