Avg. Base Salary (CAD)
The average salary for a Personal Financial Advisor is C$49,072 in 2023
What is the Pay by Experience Level for Personal Financial Advisors?
An early career Personal Financial Advisor with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of C$44,899 based on 7 salaries. An experienced Personal Financial Advisor with 10-19 years of experience earns an average total compensation of C$50,495 based on 5 salaries.
What Do Personal Financial Advisors Do?
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 …Read more
FAQs About Personal Financial Advisors
What is the highest pay for Personal Financial Advisors?
Our data indicates that the highest pay for a Personal Financial Advisor is CA$62k / year
What is the lowest pay for Personal Financial Advisors?
Our data indicates that the lowest pay for a Personal Financial Advisor is CA$40k / year
How can Personal Financial Advisors increase their salary?
Increasing your pay as a Personal Financial Advisor is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Personal Financial Advisor that oversees more junior Personal Financial Advisors, this experience can increase the likelihood to earn more.