Average Financial Consultant Salary in Canada

Annual Base Salary - $66,995.00/year

The average annual salary of Financial Consultant is $66,995.00

$46,350.00
Low
$66,995.00
Average
$108,150.00
High

The starting salary of Financial Consultant is between $39,398.00 and $46,350.00 whereas the maximum salary range is between $108,150.00 and $124,373.00.

Minimum Annual PayMaximum Annual Pay
$39,398.00$124,373.00
Average Hourly Pay - $23.39/hour

The average hourly pay of Financial Consultant is $23.39.

$21.60
Low
$23.39
Average
$67.10
High

The starting hourly rate is between $18.00 and $21.60 for Financial Consultant whereas the maximum hourly wage is between $67.10 and $77.00.

Minimum Hourly PayMaximum Hourly Pay
$18.00$77.00
Bonus Range: Tooltip
$1,060.00 - $30,900.00
$1,060.00
$124,373.00
Commission: Tooltip
$0.00 - $19,080.00
$0.00
$124,373.00
Profit Sharing: Tooltip
$0.00 - $6,180.00
$0.00
$124,373.00
  • Currency : CAD
  • Annual Salary : $66,995.00
  • Hourly Pay : $23.39
  • Weekly Pay : $1,204.00
  • Fortnightly Salary : $2,408.00
  • Monthly Salary : $5,218.00

Financial Consultant Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Financial Consultant. 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 Consultant compared to male. Their involvement is 57% while of male is only 43%.

Salary Distribution Based on Years of Experience

The line graph shows Financial Consultant 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 Consultant working less than a year in a company, you notice that their annual salary starts around $52,704.99.

As the years of experience reaches 1 to 4, there is a significant increase of $409.52 which would give a total wage of CAD53,114.51.

Once the experience reaches 5-9 years Financial Consultant salary would increase again to a total of $79,879.00, adding $26,764.49 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 $80,320.12.

And finally, once the Financial Consultant gains 20 years of experience or more, their salary would reach $108,470.50.

Prominent Skills Affecting Financial Consultant Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Financial Consultant's salary. It clearly highlights the skills needed for a post of Financial Consultant when hired by an employer.

The most vital skill expected of Financial Consultant is Data Analysis which impacts the most than the rest of the skills indicated with a staggering 30% comparatively. Therefore, one’s salary would greatly depend on their skills in Data Analysis.

The skill least likely to affect one’s pay would be Financial Modeling with 13%. It can be said that Financial Modeling 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 Consultant. 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 $52,926.00 whereas the highest earning is $109,872.00 which clearly shows the salary increases with the level of expertise.

Experienced person will earn the maximum salary of $109,872.00 at 64%. So to summerize, Entry Level earns 21% less than the average salary, Early Career earns 19% less than the average salary, Mid Carrer earns 22% more than the average salary, Late Career earns 23% more than the average salary, Experienced earns 64% more than the average salary.

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