Financial Advisor Salary (Canada)

A Financial Advisor earns an average salary of C$48,726 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 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$33,312 - C$64,132
(Median)
33K
40K
49K
56K
64K
MEDIAN: C$48,726
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$10.36 - C$25.59
(Median)
10
13
18
22
26
MEDIAN: C$17.00
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$33,312 - C$64,132  
   
Bonus
C$967 - C$12,595  
Profit Sharing
C$518 - C$9,773  
Commission
C$0.00 - C$51,521  
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$33,210 - C$76,467  
PayScale
Country: Canada | Currency: CAD | Updated: 9 Jun 2014 | Individuals Reporting: 856
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$10.36 - C$25.59  
   
Overtime
C$16.72 - C$30.93  
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$967 - C$12,595  
   
Commission
C$0.00 - C$51,521  
Profit Sharing
C$518 - C$9,773  
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$33,210 - C$76,467  
PayScale
Country: United States | Currency: CAD | Updated: 9 Jun 2014 | Individuals Reporting: 856
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Common Career Paths for Financial Advisor

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 16%
Saskatoon
up arrow 16%
Mississauga
up arrow 7%
Kitchener
up arrow 6%
London
up arrow 5%
Barrie
up arrow 4%
up arrow 3%
Edmonton
up arrow 2%
up arrow 1%
Windsor
up arrow 1%
Vancouver
0%
National Average
C$52,000
up arrow 2%
Winnipeg
up arrow 7%
Halifax
up arrow 13%
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$52,000

Skills That Affect Financial Advisor Salaries

Mortgage Loans
up arrow 15%
Financial Analysis
up arrow 13%
up arrow 6%
Insurance
up arrow 6%
Customer Service
up arrow 1%
National Average
C$52,000
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 89 votes.
Gender
Female
46%
female alumni
 
Male
54%
male alumni
Years of Experience
Less than 1 year
10%
1-4 years
45%
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: 55% employee benefits None: 13%
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