A Personal Financial Advisor earns an average salary of C$45,456 per year.

C$34,652 - C$54,409
C$35K
C$44K
C$54K
MEDIAN: C$44,381
10%
50%
90%
C$0C$60K
Salary C$34,652 - C$54,409
Bonus C$1,479 - C$10,143
Profit Sharing C$2,035
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$34,918 - C$60,356
  • Country: Canada
  • Currency: CAD
  • Updated: 19 Jan 2018
  • Individuals Reporting: 63

Job Description for Personal Financial Advisor

A personal financial advisor assists individuals with reaching financial objectives and educational goals, retirement and estate planning, and other investing decisions, and they make insurance/risk management recommendations for their clients. Entry into the financial advising field generally requires a bachelor's degree, preferably in accounting, finance, or a related field. The certified financial planner (CFP) designation is the preferred professional qualification. Additional licensing may be mandated by state and federal regulations. Common license requirements include Series 6, 7, 63, or 66. Continuing professional education hours are needed to maintain certification and licenses. Many successful advisors have prior customer service or sales experience.

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Personal Financial Advisor 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.

Personal Financial Advisor Job Listings

Key Stats for Personal Financial Advisor

Gender

Female
58 %
Male
42 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 8 votes.
Less than 1 year
7%
1-4 years
54%
5-9 years
19%
10-19 years
12%
20 years or more
7%

Experience Affects Personal Financial Advisor Salaries

Late-Career
▲42%

Mid-Career
▲25%

National Average
C$47,000

Entry-Level
▼1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 8 votes.

Gender

Female
58 %
Male
42 %

Years of Experience

Less than 1 year
7%
1-4 years
54%
5-9 years
19%
10-19 years
12%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 83%
dental benefits
Dental: 83%
vision benefits
Vision: 68%
no benefits
None: 10%