A Financial Advisor in Mississauga, Ontario earns an average salary of C$42,553 per year. Most people with this job move on to other positions after 20 years in this field. Experience has a moderate effect on income for this job.

C$34,240 - C$60,704
C$34K
C$46K
C$61K
MEDIAN: C$45,571
10%
50%
90%
C$0C$67K
Salary C$34,240 - C$60,704
Bonus C$1,007 - C$10,256
Profit Sharing C$430
Commission C$8,000
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$30,946 - C$67,152
  • Country: Canada
  • Currency: CAD
  • Updated: 11 Jan 2018
  • Individuals Reporting: 42

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.

Financial Advisor Job Listings

Key Stats for Financial Advisor

Gender

Female
25 %
Male
75 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 4 votes.
Less than 1 year
20%
1-4 years
39%
5-9 years
22%
10-19 years
15%
20 years or more
4%

Experience Affects Financial Advisor Salaries

Experienced
▲16%

Mid-Career
▲4%

National Average
C$48,000

▼13%

Skills That Affect Financial Advisor Salaries

National Average
C$48,000

Financial Advisor
▼11%

Sales
▼12%

Job Satisfaction

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

Gender

Female
25 %
Male
75 %

Years of Experience

Less than 1 year
20%
1-4 years
39%
5-9 years
22%
10-19 years
15%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 67%
vision benefits
Vision: 50%
no benefits
None: 13%