Avg. Base Salary (CAD)
The average salary for a Personal Financial Advisor is C$43,633
What is the Pay by Experience Level for Personal Financial Advisors?
A mid-career Personal Financial Advisor with 5-9 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of C$45,511 based on 14 salaries. An experienced Personal Financial Advisor with 10-19 years of experience earns an average total compensation of C$48,454 based on 13 salaries. In …Read more
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
- 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.