Financial Advisor Salary (Canada)

A Financial Advisor earns an average salary of C$48,666 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 Financial Analysis, Mortgage Loans, and Investment Planning.
Financial Advisor Total Pay (?
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$33,259 - C$64,445
(Median)
33K
40K
49K
56K
64K
MEDIAN: C$48,665
10%
25%
50%
75%
90%
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Financial Advisor Total Pay (?
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$25.49
(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$33,259 - C$64,445  
   
Bonus
C$873 - C$12,633  
Profit Sharing
C$520 - C$9,584  
Commission
C$0.00 - C$51,278  
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$32,596 - C$76,488  
PayScale
Country: Canada | Currency: CAD | Updated: 5 Aug 2014 | Individuals Reporting: 864
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$25.49  
   
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$873 - C$12,633  
   
Commission
C$0.00 - C$51,278  
Profit Sharing
C$520 - C$9,584  
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$32,596 - C$76,488  
PayScale
Country: United States | Currency: CAD | Updated: 5 Aug 2014 | Individuals Reporting: 864
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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%
Saskatoon
up arrow 15%
up arrow 4%
London
up arrow 4%
Barrie
up arrow 4%
Edmonton
up arrow 3%
Vancouver
up arrow 3%
Mississauga
up arrow 2%
Kitchener
up arrow 1%
0%
National Average
C$51,000
up arrow 2%
Windsor
up arrow 3%
Halifax
up arrow 13%
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

Experience Affects Financial Advisor Salaries

National Average
C$51,000

Skills That Affect Financial Advisor Salaries

Financial Analysis
up arrow 17%
Mortgage Loans
up arrow 15%
up arrow 10%
up arrow 6%
National Average
C$51,000

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 99 votes.

Gender

Female
46%
female alumni
 
Male
54%
male alumni

Years of Experience

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

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 77%
vision benefits Vision: 56% employee benefits None: 14%
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