How much does a Financial Advisor make?

Updated Oct. 7, 2021
$53,824 /yr
Average Base Pay

2,301 salaries

$38K

Low

$54K

Average

$76K

High

No additional cash compensation has been reported for this role

The national average salary for Financial Advisor is $53,824 per year in Canada. Filter by location to see Financial Advisor salaries in your area. Salaries estimates are based on 2301 salaries submitted anonymously to Glassdoor by Financial Advisor employees.

Seniority Levels

L2
Financial Advisor$53,824 /yr
L3
Senior Financial Advisor$69,168 /yr
Career Path

Related Job Titles

Financial Advisor Associate

$51,091

per year

Financial Analyst

$65,908

per year

Financial Planner

$65,951

per year

Financial Representative

$43,831

per year

Salaries in Canada

Location

or

Find a Specific Employer

Sort:

Company

Average Base Salary in (CAD)

Range

TD
4

TD

Financial Advisor

$55,584

 /yr
Range: $6K - $79K
690 salaries
See 699 salaries from all locations

$6K

$79K

$6,362 - $78,859 Range

Scotiabank
3.9

Scotiabank

Financial Advisor

$48,822

 /yr
Range: $14K - $105K

$14K

$105K

$13,962 - $104,538 Range

RBC
3.9

RBC

Financial Advisor

$56,300

 /yr
Range: $6K - $106K

$6K

$106K

$5,500 - $105,669 Range

CIBC
3.9

CIBC

Financial Advisor

$61,257

 /yr
Range: $39K - $85K

$39K

$85K

$39,330 - $85,477 Range

Edward Jones
3.9

Edward Jones

Financial Advisor

$41,937

 /yr
Range: $31K - $321K

$31K

$321K

$31,133 - $321,125 Range

Sun Life
3.7

Sun Life

Financial Advisor

$58,657

 /yr
Range: $2K - $106K

$2K

$106K

$2,249 - $106,404 Range

Servus Credit Union
4.3

Servus Credit Union

Financial Advisor

$57,231

 /yr
Range: $48K - $69K

$48K

$69K

$47,807 - $68,954 Range

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Banque Nationale du Canada/National Bank of Canada
4.2

Banque Nationale du Canada/National Bank of Canada

Financial Advisor

$48,600

 /yr
Range: $42K - $62K

$42K

$62K

$42,000 - $62,041 Range

Desjardins
4.1

Desjardins

Financial Advisor

$50,554

 /yr
Range: $41K - $69K

$41K

$69K

$40,620 - $69,214 Range

TD Bank

Financial Advisor

$55,000

 /yr
Range: $44K - $65K

$44K

$65K

$44,460 - $65,274 Range

BMO Financial Group
3.8

BMO Financial Group

Financial Advisor

$51,792

 /yr
Range: $33K - $84K

$33K

$84K

$32,876 - $83,690 Range

Freedom 55 Financial
3.7

Freedom 55 Financial

Financial Advisor

$31,793

 /yr
Range: $4K - $66K

$4K

$66K

$4,494 - $65,501 Range

IG Wealth Management
3.8

IG Wealth Management

Financial Advisor

$47,693

 /yr
Range: $21K - $112K

$21K

$112K

$21,424 - $111,550 Range

Laurentian Bank
3.5

Laurentian Bank

Financial Advisor

$50,211

 /yr
Range: $45K - $60K

$45K

$60K

$44,691 - $60,126 Range

Conexus Credit Union
3.5

Conexus Credit Union

Financial Advisor

$47,981

 /yr
Range: $43K - $59K

$43K

$59K

$42,817 - $59,368 Range

The Co-operators
4.2

The Co-operators

Financial Advisor

$46,131

 /yr
Range: $40K - $104K

$40K

$104K

$39,695 - $104,460 Range

ATB Financial
3.8

ATB Financial

Financial Advisor

$72,141

 /yr
Range: $59K - $107K

$59K

$107K

$59,121 - $106,882 Range

Sun Life
3.7

Sun Life

Financial Advisor - Contractor

$47,600

 /yr
Range: $27K - $160K

$27K

$160K

$26,740 - $160,442 Range

World Financial Group
3.9

World Financial Group

Financial Advisor

$100,211

 /yr
Range: $50K - $147K

$50K

$147K

$50,105 - $146,669 Range

First West Credit Union
3.6

First West Credit Union

Financial Advisor

$54,122

 /yr
Range: $51K - $63K

$51K

$63K

$50,674 - $62,506 Range

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Frequently asked questions about a Financial Advisor salaries

The national average salary for a Financial Advisor is $53,824 per year in Canada. Filter by location to see a Financial Advisor salaries in your area. Salaries estimates are based on 2301 salaries submitted anonymously to Glassdoor by a Financial Advisor employees.

The highest salary for a Financial Advisor in Canada is $75,541 per year.

The lowest salary for a Financial Advisor in Canada is $38,351 per year.

Recent Salary Reports

Below are the most recent financial advisor salary reports. Employer name has been removed to protect anonymity.

$47,000
per year
An Investment Representative in the Toronto Area area reported making $47,000 per year
Job Highlights
1-2 years experience
Toronto Area area
Full-time
 
10000+ employees
Company - Public
$52,077
per year
A Financial Advisor in the Toronto Area area reported making $52,077 per year
Additional Pay
$4k cash bonus
Job Highlights
1-2 years experience
Toronto Area area
Full-time
 
1001 to 5000 employees
Company - Public
$54,000
per year
A Financial Advisor in the Vancouver Area area reported making $54,000 per year
Additional Pay
$6k cash bonus
$1k stock bonus
$1 profit sharing
$1 commissions
$1 tips/gratuities
Job Highlights
5-7 years experience
Vancouver Area area
Full-time
10000+ employees
Company - Public
 
$75,000
per year
A Financial Advisor in the Montreal Area area reported making $75,000 per year
Additional Pay
$6k cash bonus
Job Highlights
3-4 years experience
Montreal Area area
Full-time
 
10000+ employees
Company - Private
$60,000
per year
A Financial Advisor in the Vancouver Area area reported making $60,000 per year
Job Highlights
1-2 years experience
Vancouver Area area
Full-time
 
10000+ employees
Company - Public
$47,500
per year
A Financial Advisor in the Winnipeg Area area reported making $47,500 per year
Additional Pay
$20k commissions
Job Highlights
5-7 years experience
Winnipeg Area area
Full-time
 
10000+ employees
Company - Public