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11102 - Financial Advisors

Broad Occupation Category

1 - Business, finance, and administration occupations.


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.


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