Job requirements Financial Planner in Canada

Find out what you typically need to work as a financial planner in Canada. These requirements are applicable to all Other financial officers (NOC 1114).

Employment requirements

This is what you typically need for the job.

  • A bachelor's degree in business administration, commerce, economics or a related field is usually required.
  • Various training programs and courses are offered by financial institutes and organizations, such as the Canadian Securities Institute, Institute of Canadian Bankers, Institute of Chartered Financial Analysts, Investment Funds Institute, Canadian Institute of Financial Planning, and Trust Companies Institute of Canada, and may be required by employers.
  • The designation Personal Financial Planner, awarded by the Financial Planners Standards Council of Canada, may be required.
  • Financial planners who sell regulated financial products and investments, such as annuities, RRSPs and life insurance, are required to be licensed by the appropriate governing body.
  • Financial examiners and inspectors may require a recognized accounting designation.
  • Mortgage brokers require a real estate licence in Quebec and a mortgage broker licence in Newfoundland and Labrador, Nova Scotia, Ontario, Manitoba, Saskatchewan, Alberta and British Columbia.

Source National Occupational Classification

Professional certification and licensing

You might need to get a certification from a regulatory authority before you start working. Find out if this occupation is regulated in your province or territory.

Source Foreign Credential Recognition Program - ESDC

Do you want to work in another province or territory?

If you are already certified to work in a regulated occupation in your province or territory, it will be easier for you to have your certification recognized in another province or territory. See the Workers Mobility's website to learn more.

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