The average salary for a Financial Consultant in Canada is C$60,352.
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C$39k - C$97k
C$1k - C$31k
C$0 - C$5k
C$8k - C$60k
C$40k - C$127k
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Job Description for Financial Consultant
A financial consultant advises clients of an investment bank or financial services company on the best way to manage their money. They assesses customers' financial needs and work with them to build an investment portfolio that is comfortable for the client and builds wealth. To be successful, a financial consultant must build a client base; they need to identify prospective clients and cultivate relationships with them. Consultants may need to be creative in developing ways to attract new clien…Read more
Financial Consultant Tasks
- Guide clients through financial self-analysis, including goal setting and advice to reach goals.
- Assist clients with estate management, tax returns, budgets, or other financial tasks.
- Follow-up with clients on plans, track successes, and inform about modifications.
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Pay by Experience Level for Financial Consultant
An entry-level Financial Consultant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of C$45,978 based on 5 salaries. An early career Financial Consultant with 1-4 years of experience earns an average total compensation of C$50,281 based on 31 salaries. A mid-career Financial Consultant with 5-9 years of experience earns an average total compensation of C$75,000 based on 14 salaries. An experienced Financial Consultant with 10-19 years of experience earns an average total compensation of C$75,000 based on 16 salaries. In their late career (20 years and higher), employees earn an average total compensation of C$100,250.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Financial Consultant in their job title in Winnipeg, Manitoba earn an average of 24.3% more than the national average. These job titles also find higher than average salaries in Calgary, Alberta (10.8% more) and Vancouver, British Columbia (6.0% more).
Years of Experience
This data is based on 71 survey responses.
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