The average salary for a Financial Advisor with Insurance skills is C$45,000 per year. People in this job generally don't have more than 20 years' experience. For the first five to ten years in this position, salary increases sharply, but any additional experience does not have a big effect on pay.

C$31,244 - C$78,711
C$31K
C$46K
C$79K
MEDIAN: C$45,826
10%
50%
90%
C$15.10 - C$25.91
C$15
C$22
C$26
MEDIAN: C$22.49
10%
50%
90%
C$0C$83K
Salary C$31,244 - C$78,711
Bonus C$1,259 - C$15,493
Profit Sharing C$0.00 - C$19,392
Commission C$1,003 - C$36,149
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$35,494 - C$83,494
  • Country: Canada
  • Currency: CAD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 136
Hourly Data C$0C$25
Hourly Rate C$15.10 - C$25.91
Overtime C$10.00
Annual Data C$0C$83K
Bonus C$1,259 - C$15,493
Commission C$1,003 - C$36,149
Profit Sharing C$0.00 - C$19,392
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$35,494 - C$83,494
  • Country: United States
  • Currency: CAD
  • Updated: 13 Jan 2018
  • Individuals Reporting: 10

Job Description for Financial Advisor

Financial advisors work primarily for financial institutions such as banks, mutual fund companies, and insurance companies. Generally, they work with individuals or institutional clients to assess their financial needs and help them achieve financial goals, such as choosing investments (money market, real estate investments, stocks and bonds), and they also explain tax laws relevant to certain investments and help with insurance decisions.

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Financial Advisor Tasks

  • Interview clients and gather information to determine strategies for financial investments.
  • Prospect and maintain clientele.
  • Recommend and sell financial plans and products that will help meet financial goals.

Popular Employer Salaries for Financial Advisor

Financial Advisor Job Listings

Pay by Experience Level for Financial Advisor

Pay by Experience for a Financial Advisor has a positive trend. An entry-level Financial Advisor with less than 5 years of experience can expect to earn an average total compensation of C$45,000 based on 47 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Advisor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of C$63,000 based on 18 salaries. An experienced Financial Advisor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of C$65,000 based on 12 salaries. A Financial Advisor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of C$64,000 based on 7 salaries.

Pay Difference by Location

National Average: C$50,457

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

Key Stats for Financial Advisor

Gender

Female
34 %
Male
66 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 18 votes.
Less than 1 year
7%
1-4 years
50%
5-9 years
16%
10-19 years
19%
20 years or more
8%

Experience Affects Financial Advisor Salaries

Experienced
▲29%

Late-Career
▲26%

Mid-Career
▲24%

National Average
C$50,000

Entry-Level
▼11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 18 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

Less than 1 year
7%
1-4 years
50%
5-9 years
16%
10-19 years
19%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 77%
dental benefits
Dental: 66%
vision benefits
Vision: 53%
no benefits
None: 21%