Find Your National Occupational Classification(NOC)
The National Occupational Classification(NOC) is Canada's national system
for describing occupations. You can search the NOC to find where an occupation is classified or
to learn about its main duties, educational requirements, or other useful information.
1 - Business, finance, and administration occupations.
TEER
1 - Occupations usually require a university degree.
Major Group
11 - Professional occupations in finance and business.
Sub-Major Group
111 - Professional occupations in finance.
Minor Group
1110 - Auditors, accountants, and investment professionals.
Financial Advisors are in high demand across Canada’s popular Financial and Accounting departments. The demand for skilled workers under this TEER has been rapidly expanding post the pandemic, and this trend is expected to continue over the coming years. There will be many job opportunities available for Financial Advisors in Canada.
The high demand for skilled workers in this field has resulted in competitive salaries and excellent benefits for Financial Advisors can range from $41,600 to $120,300 per year, depending on experience, location, and specialization, but they tend to be higher than average in this industry.
Financial Advisor Jobs in Canada also offers many opportunities for career advancement in employment areas including banks, investment firms, and insurance companies. Professionals have numerous opportunities to expand their skills and take on new challenges as Financial Advisors in Canada.
Financial Advisors in Canada can avail of a wide range of benefits, from strong job security to high compensation, a supportive work environment, a direct Canada PR for Financial Advisors pathway, and free healthcare. Canada is known for its welcoming and diverse culture, making it a great place for individuals under this TEER to live and work.
Let us help you Apply for Canada PR as a Financial Advisors.
Example Titles
Account manager
Financial advisor
Financial consultant
Financial planner
Financial security advisor
Personal finance advisor
Personal investment advisor
Main Duties
This group performs some or all of the following duties:
Develop personal financial plans for clients covering cash management, finances, insurance coverage, investments, retirement and estate planning, taxes, and legal matters.
Analyze clients' financial records, set goals, and develop a financial strategy.
Advise clients on implementing the financial plan to help them achieve their goals.
May also arrange for the purchase and sale of financial products and investments depending on the license held, and monitor the portfolio to ensure its quality and profitability.
May help to expand business and attract new clients.
Employment Requirements
A bachelor's degree in business administration, commerce, economics, or a related field is usually required.
The designation Certified Financial Planner, awarded by the Financial Planners Standards Council of Canada, may be required.
To sell regulated financial products and investments, such as annuities, RRSPs, and life insurance, a license is required from the appropriate governing body.
Certification as a Financial Planner is required in Quebec.
Various training programs and courses are offered by financial institutes and organizations, such as the Canadian Securities Institute, Institute of Canadian Bankers, CFA Institute, Investment Funds Institute, Canadian Institute of Financial Planning, and Trust Companies Institute of Canada, and may be required by employers.
Salary Prospects
Community/Area
Low ($/hour)
Median ($/hour)
High ($/hour)
Canada
21.63
34.36
62.50
Alberta
23.85
35.86
61.97
British Columbia
22.15
37.02
62.50
Manitoba
19.50
31.28
56.41
New Brunswick
22.16
28.85
44.62
Newfoundland and Labrador
19.23
28.15
45.05
Northwest Territories
29.10
43.54
59.68
Nova Scotia
19.23
28.46
51.28
Nunavut
32.39
48.40
63.08
Ontario
21.54
35.90
68.38
Prince Edward Island
15.38
23.85
37.95
Quebec
21.98
32.97
56.04
Saskatchewan
22.60
36.92
62.15
Yukon Territory
26.94
46.01
65.32
Job Openings - TEER 11102
Over the period 2022-2031, new job openings for Financial Advisors are expected to total 66,000, while 61,400 new job seekers are expected to be available to fill them. Immigrants learning how to get Financial Advisor jobs in Canada from India can find it relatively easier to land a job under TEER 11102.
