Average Financial Advisor with Client Interaction Skills Salary in Canada
The average annual salary of Financial Advisor is $51,512.00
The starting salary of Financial Advisor is between $36,380.00 and $42,800.00 whereas the maximum salary range is between $62,830.00 and $72,255.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$36,380.00 | $72,255.00 |
The average hourly pay of Financial Advisor is $21.72.
The starting hourly rate is between $12.00 and $14.56 for Financial Advisor whereas the maximum hourly wage is between $33.00 and $38.00.
Minimum Hourly Pay | Maximum Hourly Pay |
---|---|
$12.00 | $38.00 |
- Currency : CAD
- Annual Salary : $51,512.00
- Hourly Pay : $21.72
- Weekly Pay : $953.00
- Fortnightly Salary : $1,905.00
- Monthly Salary : $4,128.00
Financial Advisor Salary Comparison by Gender
This pie chart demonstrates the gender share for Financial Advisor. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, female employees are involved significantly more as Financial Advisor compared to male. Their involvement is 56% while of male is only 44%.
Salary Distribution Based on Years of Experience
The line graph shows Financial Advisor salary in Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Financial Advisor working less than a year in a company, you notice that their annual salary starts around $45,978.56.
As the years of experience reaches 1 to 4, there is a significant increase of $2,627.94 which would give a total wage of CAD48,606.50.
Once the experience reaches 5-9 years Financial Advisor salary would increase again to a total of $54,517.68, adding $5,911.18 from the last salary increase.
After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $56,284.80.
And finally, once the Financial Advisor gains 20 years of experience or more, their salary would reach $58,820.62.
Prominent Skills Affecting Financial Advisor Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Financial Advisor's salary. It clearly highlights the skills needed for a post of Financial Advisor when hired by an employer.
The most vital skill expected of Financial Advisor is Strategic Planning which impacts the most than the rest of the skills indicated with a staggering 26% comparatively. Therefore, one’s salary would greatly depend on their skills in Strategic Planning.
The skill least likely to affect one’s pay would be Mortgage Loans with 1%. It can be said that Mortgage Loans skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Financial Advisor. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $45,331.00 whereas the highest earning is $57,178.00 which clearly shows the salary increases with the level of expertise.
Experienced person will earn the maximum salary of $57,178.00 at 11%. So to summerize, Entry Level earns 12% less than the average salary, Early Career earns 5% less than the average salary, Mid Carrer earns 4% more than the average salary, Late Career earns 8% more than the average salary, Experienced earns 11% more than the average salary.
Job hunters also viewed these Salaries
- Operations Manager $35,802.00 to $119,600.00
- Financial Advisor $35,896.00 to $74,865.00
- Bank Manager $47,277.00 to $118,404.00
- Customer Success Manager $41,948.00 to $106,812.00
- Mechanical Drafter $35,207.00 to $76,291.00
- Senior Graphic Designer $38,896.00 to $88,148.00
- Operations Manager $39,398.00 to $130,433.00
- Customer Success Manager $34,808.00 to $99,671.00
- Mechanical Engineer $44,566.00 to $104,328.00
- Bank Teller $26,129.00 to $61,422.00
- Senior Graphic Designer $40,545.00 to $91,770.00
- Operations Manager $40,928.00 to $121,716.00