How much does a Financial Advisor make?

Updated Jun 23, 2021
CA$53k /yr
Average Base Pay

2,050 salaries

CA$38k

Low

CA$53k

Average

CA$75k

High

No additional cash compensation has been reported for this role

The national average salary for a Financial Advisor is $53,144 in Canada. Filter by location to see Financial Advisor salaries in your area. Salary estimates are based on 2,050 salaries submitted anonymously to Glassdoor by Financial Advisor employees.

Seniority Levels

L2
Financial AdvisorCA$53k /yr
L3
Senior Financial AdvisorCA$68k /yr
Career Path

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Related Job Titles

Financial Advisor Associate

CA$50,905

per year

Financial Analyst

CA$65,045

per year

Financial Planner

CA$66,032

per year

Financial Representative

CA$43,735

per year

Salaries in Canada

Location

or

Find a Specific Employer

Sort:

Company

Average Base Salary in (CAD)

Range

Scotiabank
3.9

Scotiabank

Financial Advisor

CA$48,237

 /yr
Range: CA$14k - CA$104k
670 salaries
See 608 salaries from all locations

CA$14k

CA$104k

CA$13,777 - CA$104,049 Range

TD
4

TD

Financial Advisor

CA$55,553

 /yr
Range: CA$10k - CA$77k

CA$10k

CA$77k

CA$10,233 - CA$77,360 Range

RBC
3.9

RBC

Financial Advisor

CA$56,116

 /yr
Range: CA$32k - CA$90k

CA$32k

CA$90k

CA$31,710 - CA$89,597 Range

CIBC
3.9

CIBC

Financial Advisor

CA$61,618

 /yr
Range: CA$39k - CA$88k

CA$39k

CA$88k

CA$38,808 - CA$88,197 Range

Edward Jones
3.9

Edward Jones

Financial Advisor

CA$41,380

 /yr
Range: CA$31k - CA$317k

CA$31k

CA$317k

CA$30,720 - CA$316,862 Range

Sun Life
3.7

Sun Life

Financial Advisor

CA$57,879

 /yr
Range: CA$2k - CA$105k

CA$2k

CA$105k

CA$2,219 - CA$104,992 Range

Servus Credit Union
4.2

Servus Credit Union

Financial Advisor

CA$56,669

 /yr
Range: CA$45k - CA$68k

CA$45k

CA$68k

CA$45,104 - CA$68,071 Range

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Freedom 55 Financial
3.8

Freedom 55 Financial

Financial Advisor

CA$41,350

 /yr
Range: CA$4k - CA$105k

CA$4k

CA$105k

CA$4,434 - CA$104,992 Range

Desjardins
4

Desjardins

Financial Advisor

CA$50,162

 /yr
Range: CA$40k - CA$63k

CA$40k

CA$63k

CA$40,081 - CA$63,316 Range

Banque Nationale du Canada/National Bank of Canada
4.2

Banque Nationale du Canada/National Bank of Canada

Financial Advisor

CA$47,660

 /yr
Range: CA$44k - CA$61k

CA$44k

CA$61k

CA$43,872 - CA$61,217 Range

The Co-operators
4.4

The Co-operators

Financial Advisor

CA$47,904

 /yr
Range: CA$36k - CA$87k

CA$36k

CA$87k

CA$36,000 - CA$87,356 Range

BMO Financial Group
3.8

BMO Financial Group

Financial Advisor

CA$51,274

 /yr
Range: CA$32k - CA$83k

CA$32k

CA$83k

CA$32,439 - CA$82,579 Range

IG Wealth Management
4

IG Wealth Management

Financial Advisor

CA$47,060

 /yr
Range: CA$21k - CA$110k

CA$21k

CA$110k

CA$21,140 - CA$110,069 Range

ATB Financial
3.9

ATB Financial

Financial Advisor

CA$58,500

 /yr
Range: CA$48k - CA$105k

CA$48k

CA$105k

CA$48,304 - CA$105,463 Range

Conexus Credit Union
3.7

Conexus Credit Union

Financial Advisor

CA$47,206

 /yr
Range: CA$42k - CA$58k

CA$42k

CA$58k

CA$42,248 - CA$58,078 Range

Laurentian Bank
3.5

Laurentian Bank

Financial Advisor

CA$47,908

 /yr
Range: CA$44k - CA$476k

CA$44k

CA$476k

CA$43,790 - CA$475,649 Range

Sun Life
3.7

Sun Life

Financial Advisor - Contractor

CA$46,968

 /yr
Range: CA$26k - CA$158k

CA$26k

CA$158k

CA$26,385 - CA$158,312 Range

TD Bank

Financial Advisor

CA$53,000

 /yr
Range: CA$50k - CA$100k

CA$50k

CA$100k

CA$50,000 - CA$100,000 Range

First West Credit Union
3.5

First West Credit Union

Financial Advisor

CA$53,248

 /yr
Range: CA$50k - CA$62k

CA$50k

CA$62k

CA$50,000 - CA$61,676 Range

World Financial Group
3.8

World Financial Group

Financial Advisor

CA$102,772

 /yr
Range: CA$25k - CA$145k

CA$25k

CA$145k

CA$24,810 - CA$144,722 Range

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Recent Salary Reports

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

$48,000
per year
A Financial Advisor in the Montreal Area area reported making $48,000 per year
Job Highlights
Montreal Area area
Full-time
 
1001 to 5000 employees
Company - Public
$43,000
per year
A Financial Advisor in the Toronto Area area reported making $43,000 per year
Additional Pay
$2 cash bonus
Job Highlights
Toronto Area area
Full-time
 
10000+ employees
Company - Public
$39,000
per year
A Financial Advisor in the Fredericton Area area reported making $39,000 per year
Additional Pay
$5k cash bonus
Job Highlights
3-4 years experience
Fredericton Area area
Full-time
 
10000+ employees
Company - Public
$58,500
per year
A Financial Advisor in the Edmonton Area area reported making $58,500 per year
Job Highlights
8-10 years experience
Edmonton Area area
Full-time
 
5001 to 10000 employees
Company - Private
$75,000
per year
A Financial Advisor in the Calgary Area area reported making $75,000 per year
Additional Pay
$3k cash bonus
$20k commissions
Job Highlights
5-7 years experience
Calgary Area area
Full-time
 
1001 to 5000 employees
Company - Private
$53,000
per year
A Financial Advisor in the Toronto Area area reported making $53,000 per year
Job Highlights
1-2 years experience
Toronto Area area
Full-time
 
10000+ employees
Company - Public
$40,000
per year
A Financial Advisor in the Kitchener Area area reported making $40,000 per year
Additional Pay
$12k cash bonus
$12k commissions
Job Highlights
3-4 years experience
Kitchener Area area
Full-time
 
10000+ employees
Company - Private