Job outlooks for Financial advisors
Discover the employment prospects for your dream job across Canada, or compare different occupations.
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These outlooks were updated on December 11, 2024.
Occupation
financial planner (11102)
Location
All regions across Canada
Legend
Newfoundland and Labrador
The employment outlook will be moderate for Financial advisors (NOC 11102) in Newfoundland and Labrador for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment is expected to remain relatively stable.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in Newfoundland and Labrador:
- Approximately 500 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 83%
- Insurance Carriers and related activities (NAICS 524, 526): 10%
- The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 93% compared to 83% for all occupations
- Part-time workers: 7% compared to 17% for all occupations
- 84% of financial advisors work all year, while 16% work only part of the year, compared to 56% and 43% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 40 weeks for all occupations.
- 33% of financial advisors are self-employed compared to an average of 8% for all occupations.
- The gender distribution of people in this occupation is:
- Men: 50% compared to 51% for all occupations
- Women: 50% compared to 49% for all occupations
- The educational attainment of workers in this occupation is:
- no high school diploma: less than 5% compared to 11% for all occupations
- high school diploma or equivalent: 13% compared to 27% for all occupations
- apprenticeship or trades certificate or diploma: 9% compared to 17% for all occupations
- college certificate or diploma or university certificate below bachelor's: 26% compared to 23% for all occupations
- bachelor's degree: 42% compared to 14% for all occupations
- university certificate, degree or diploma above bachelor level: 10% compared to 7% for all occupations
Regional outlooks
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Avalon Peninsula region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment is expected to remain relatively stable.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Avalon Peninsula region:
- Approximately 590 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 92%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the South Coast - Burin Peninsula and Notre Dame - Central Bonavista Bay regions for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment is expected to remain relatively stable.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the South Coast - Burin Peninsula and Notre Dame - Central Bonavista Bay regions:
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 93%
- Retail Trade (NAICS 44-45): 7%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the South Coast - Burin Peninsula and Notre Dame - Central Bonavista Bay regions for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment is expected to remain relatively stable.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the South Coast - Burin Peninsula and Notre Dame - Central Bonavista Bay regions:
- Approximately 130 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 93%
- Retail Trade (NAICS 44-45): 7%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the West Coast - Northern Peninsula - Labrador region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment is expected to remain relatively stable.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the West Coast - Northern Peninsula - Labrador region:
- Approximately 120 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
Prince Edward Island
The employment outlook will be good for Financial advisors (NOC 11102) in Prince Edward Island for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
This occupational group is particularly sensitive to changes in the finance and insurance sectors as almost all financial officers are employed in this sector, working at financial institutions such as banks, investment/securities firms, brokerage houses and insurance companies.
This occupational group contains several finance-related occupations that are similar but perform slightly differing tasks and require different training and experience. Individuals with knowledge of and experience in specific areas, such as financial planning, credit functions, insurance functions, asset underwriting or financial analysis, may have better employment opportunities. Depending on the type of financial service operation, employers may require recruits to hold a financial services certification, such as a Certified Insurance Consultant, Certified Financial Planner, Mutual Funds Licence, or to have completed the Canadian Securities Course. Population growth is expected to slow in the province due to the reduction in federal immigration targets. The impact this immigration measure will have on the Island's economy is at this time uncertain and therefore, serves as a potential risk factor to employment prospects in this occupation over the forecast period.
Here are some key facts about Financial advisors in Prince Edward Island:
- Approximately 300 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 64%
- Insurance Carriers and related activities (NAICS 524, 526): 15%
- Federal government public administration (NAICS 911): 12%
- Other professional, scientific and technical services (NAICS 5414, 5416-5419): 7%
- The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 93% compared to 84% for all occupations
- Part-time workers: 7% compared to 16% for all occupations
- 77% of financial advisors work all year, while 23% work only part of the year, compared to 59% and 41% respectively among all occupations. Those who worked only part of the year did so for an average of 46 weeks compared to 41 weeks for all occupations.
- 28% of financial advisors are self-employed compared to an average of 13% for all occupations.
- The gender distribution of people in this occupation is:
- Men: 63% compared to 51% for all occupations
- Women: 38% compared to 49% for all occupations
- The educational attainment of workers in this occupation is:
- no high school diploma: less than 5% compared to 11% for all occupations
- high school diploma or equivalent: 12% compared to 28% for all occupations
- apprenticeship or trades certificate or diploma: 11% compared to 11% for all occupations
- college certificate or diploma or university certificate below bachelor's: 18% compared to 25% for all occupations
- bachelor's degree: 47% compared to 17% for all occupations
- university certificate, degree or diploma above bachelor level: 12% compared to 8% for all occupations
Nova Scotia
The employment outlook will be good for Financial advisors (NOC 11102) in Nova Scotia for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Opportunities may exist at larger financial institutions in the Halifax region. There may be more opportunities for entry-level positions and those with related education and some experience.
Here are some key facts about Financial advisors in Nova Scotia:
- Approximately 2,050 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 81%
- Insurance Carriers and related activities (NAICS 524, 526): 9%
- The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 94% compared to 82% for all occupations
- Part-time workers: 6% compared to 18% for all occupations
- 82% of financial advisors work all year, while 18% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 42 weeks for all occupations.
- 28% of financial advisors are self-employed compared to an average of 11% for all occupations.
- The gender distribution of people in this occupation is:
- Men: 60% compared to 51% for all occupations
- Women: 40% compared to 49% for all occupations
- The educational attainment of workers in this occupation is:
- no high school diploma: less than 5% compared to 10% for all occupations
- high school diploma or equivalent: 13% compared to 27% for all occupations
- apprenticeship or trades certificate or diploma: less than 5% compared to 12% for all occupations
- college certificate or diploma or university certificate below bachelor's: 19% compared to 22% for all occupations
- bachelor's degree: 47% compared to 20% for all occupations
- university certificate, degree or diploma above bachelor level: 17% compared to 10% for all occupations
Regional outlooks
The employment outlook will be good for Financial advisors (NOC 11102) in the Annapolis Valley region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Additional information is available at the provincial level.
Here are some key facts about Financial advisors in the Annapolis Valley region:
- Approximately 170 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be good for Financial advisors (NOC 11102) in the Cape Breton region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Additional information is available at the provincial level.
Here are some key facts about Financial advisors in the Cape Breton region:
- Approximately 140 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Halifax region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- Not many positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Additional information is available at the provincial level.
Here are some key facts about Financial advisors in the Halifax region:
- Approximately 1,170 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and real estate and rental and leasing (NAICS 52-53): 90%
The employment outlook will be good for Financial advisors (NOC 11102) in the North Shore region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Additional information is available at the provincial level.
Here are some key facts about Financial advisors in the North Shore region:
- Approximately 210 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and real estate and rental and leasing (NAICS 52-53): 95%
The employment outlook will be good for Financial advisors (NOC 11102) in the Southern region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Additional information is available at the provincial level.
Here are some key facts about Financial advisors in the Southern region:
- Approximately 180 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and real estate and rental and leasing (NAICS 52-53): more than 95%
New Brunswick
The employment outlook will be moderate for Financial advisors (NOC 11102) in New Brunswick for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in New Brunswick:
- Approximately 1,950 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 84%
- Insurance Carriers and related activities (NAICS 524, 526): 6%
- 81% of financial advisors work all year, while 19% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 49 weeks compared to 42 weeks for all occupations.
- 25% of financial advisors are self-employed compared to an average of 10% for all occupations.
- The gender distribution of people in this occupation is:
- Men: 56% compared to 52% for all occupations
- Women: 43% compared to 48% for all occupations
- The educational attainment of workers in this occupation is:
- no high school diploma: less than 5% compared to 11% for all occupations
- high school diploma or equivalent: 17% compared to 30% for all occupations
- apprenticeship or trades certificate or diploma: 7% compared to 12% for all occupations
- college certificate or diploma or university certificate below bachelor's: 24% compared to 23% for all occupations
- bachelor's degree: 39% compared to 16% for all occupations
- university certificate, degree or diploma above bachelor level: 12% compared to 7% for all occupations
Regional outlooks
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Campbellton - Miramichi region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- Several positions will become available due to retirements.
- There are a moderate number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Campbellton - Miramichi region:
- Approximately 150 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Edmundston - Woodstock region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- Several positions will become available due to retirements.
- There are a moderate number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Edmundston - Woodstock region:
- Approximately 110 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 92%
- Professional, scientific and technical services (NAICS 54): 5%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Fredericton - Oromocto region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment is expected to remain relatively stable.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Fredericton - Oromocto region:
- Approximately 280 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 83%
- Professional, scientific and technical services (NAICS 54): 6%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Moncton - Richibucto region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment is expected to remain relatively stable.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Moncton - Richibucto region:
- Approximately 850 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 95%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Saint John - St. Stephen region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment is expected to remain relatively stable.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Saint John - St. Stephen region:
- Approximately 300 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 92%
- Professional, scientific and technical services (NAICS 54): 6%
Quebec
The employment outlook will be good for Financial advisors (NOC 11102) in Quebec for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in Quebec:
- Approximately 25,850 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance, real estate and leasing (NAICS 52, 53): 87%
- The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 93% compared to 82% for all occupations
- Part-time workers: 7% compared to 18% for all occupations
- 79% of financial advisors work all year, while 21% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 43 weeks for all occupations.
- 31% of financial advisors are self-employed compared to an average of 12% for all occupations.
- The gender distribution of people in this occupation is:
- Men: 55% compared to 52% for all occupations
- Women: 45% compared to 48% for all occupations
- The educational attainment of workers in this occupation is:
- no high school diploma: less than 5% compared to 12% for all occupations
- high school diploma or equivalent: 9% compared to 19% for all occupations
- apprenticeship or trades certificate or diploma: 7% compared to 19% for all occupations
- college certificate or diploma or university certificate below bachelor's: 28% compared to 22% for all occupations
- bachelor's degree: 39% compared to 17% for all occupations
- university certificate, degree or diploma above bachelor level: 16% compared to 11% for all occupations
Regional outlooks
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Abitibi - Témiscamingue region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the Abitibi - Témiscamingue region:
- Approximately 310 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Bas-Saint-Laurent region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment is expected to remain relatively stable.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the Bas-Saint-Laurent region:
- Approximately 310 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be good for Financial advisors (NOC 11102) in the Capitale-Nationale region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the Capitale-Nationale region:
- Approximately 3,040 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 92%
The employment outlook will be good for Financial advisors (NOC 11102) in the Centre-du-Québec region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the Centre-du-Québec region:
- Approximately 550 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be good for Financial advisors (NOC 11102) in the Chaudière - Appalaches region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the Chaudière - Appalaches region:
- Approximately 1,240 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 93%
The employment outlook will be good for Financial advisors (NOC 11102) in the Côte-Nord and Nord-du-Québec regions for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- Several positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the Côte-Nord and Nord-du-Québec regions:
- Approximately 160 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be good for Financial advisors (NOC 11102) in the Estrie region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- Several positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the Estrie region:
- Approximately 710 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 95%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Gaspésie - Îles-de-la-Madeleine region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- Not many positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the Gaspésie - Îles-de-la-Madeleine region:
- Approximately 160 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be good for Financial advisors (NOC 11102) in the Lanaudière region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the Lanaudière region:
- Approximately 1,280 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 91%
The employment outlook will be good for Financial advisors (NOC 11102) in the Laurentides region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- Several positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the Laurentides region:
- Approximately 1,610 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 87%
- Professional, scientific and technical services (NAICS 54): 6%
The employment outlook will be good for Financial advisors (NOC 11102) in the census metropolitan area of Montréal, including the Laval region, for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the census metropolitan area of Montréal, including the Laval region:
- Approximately 13,460 people worked in this occupation in May 2021.
The employment outlook will be good for Financial advisors (NOC 11102) in the Mauricie region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the Mauricie region:
- Approximately 560 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 95%
The employment outlook will be good for Financial advisors (NOC 11102) in the census metropolitan area of Montréal for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the census metropolitan area of Montréal:
- Approximately 13,460 people worked in this occupation in May 2021.
The employment outlook will be good for Financial advisors (NOC 11102) in the Montérégie region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the Montérégie region:
- Approximately 4,520 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 86%
The employment outlook will be good for Financial advisors (NOC 11102) in the Côte-Nord and Nord-du-Québec regions for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- Several positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the Côte-Nord and Nord-du-Québec regions:
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Outaouais region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- Not many positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the Outaouais region:
- Approximately 970 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 67%
- Federal government public administration (NAICS 911): 24%
- Professional, scientific and technical services (NAICS 54): 6%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Saguenay - Lac-Saint-Jean region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- Not many positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Job growth depends mainly on the requirements related to the finance and insurance industries.
The increasing number of financial vehicles available, an ageing population, the increased value of investments and the reorganization of services towards personalized financial advisory services related to retirement, succession and investment management should support jobs for this occupational group.
The increased use of electronic platforms by clients for transactions affecting savings, investments and insurance could moderate job growth slightly in this group because it involves fewer staffing needs.
Here are some key facts about Financial advisors in the Saguenay - Lac-Saint-Jean region:
- Approximately 640 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 93%
Ontario
The employment outlook will be moderate for Financial advisors (NOC 11102) in Ontario for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in Ontario:
- Approximately 57,300 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 77%
- Insurance Carriers and related activities (NAICS 524, 526): 9%
- The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 93% compared to 81% for all occupations
- Part-time workers: 7% compared to 19% for all occupations
- 82% of financial advisors work all year, while 18% work only part of the year, compared to 63% and 37% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 43 weeks for all occupations.
- 30% of financial advisors are self-employed compared to an average of 15% for all occupations.
- The gender distribution of people in this occupation is:
- Men: 56% compared to 52% for all occupations
- Women: 43% compared to 48% for all occupations
- The educational attainment of workers in this occupation is:
- no high school diploma: less than 5% compared to 9% for all occupations
- high school diploma or equivalent: 12% compared to 25% for all occupations
- apprenticeship or trades certificate or diploma: less than 5% compared to 8% for all occupations
- college certificate or diploma or university certificate below bachelor's: 21% compared to 22% for all occupations
- bachelor's degree: 45% compared to 24% for all occupations
- university certificate, degree or diploma above bachelor level: 18% compared to 13% for all occupations
Regional outlooks
The employment outlook will be good for Financial advisors (NOC 11102) in the Hamilton - Niagara Peninsula region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Hamilton - Niagara Peninsula region:
- Approximately 4,970 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 89%
The employment outlook will be good for Financial advisors (NOC 11102) in the Kingston - Pembroke region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- Several positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Kingston - Pembroke region:
- Approximately 940 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 94%
The employment outlook will be good for Financial advisors (NOC 11102) in the Kitchener - Waterloo - Barrie region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Kitchener - Waterloo - Barrie region:
- Approximately 4,400 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 89%
- Professional, scientific and technical services (NAICS 54): 5%
The employment outlook will be good for Financial advisors (NOC 11102) in the London region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the London region:
- Approximately 2,410 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 93%
The employment outlook will be very good for Financial advisors (NOC 11102) in the Muskoka - Kawarthas region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- Several positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Muskoka - Kawarthas region:
- Approximately 760 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be good for Financial advisors (NOC 11102) in the Northeast region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Northeast region:
- Approximately 1,680 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 92%
The employment outlook will be good for Financial advisors (NOC 11102) in the Northwest region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- Several positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Northwest region:
- Approximately 410 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 90%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Ottawa region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Ottawa region:
- Approximately 5,480 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 80%
- Federal government public administration (NAICS 911): 8%
- Professional, scientific and technical services (NAICS 54): 6%
The employment outlook will be very good for Financial advisors (NOC 11102) in the Stratford - Bruce Peninsula region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- Several positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Stratford - Bruce Peninsula region:
- Approximately 680 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 91%
- Professional, scientific and technical services (NAICS 54): 9%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Toronto region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Toronto region:
- Approximately 33,250 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 85%
- Professional, scientific and technical services (NAICS 54): 8%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Windsor - Sarnia region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Windsor - Sarnia region:
- Approximately 1,880 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 89%
- Professional, scientific and technical services (NAICS 54): 6%
Manitoba
The employment outlook will be good for Financial advisors (NOC 11102) in Manitoba for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in Manitoba:
- Approximately 2,650 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 87%
- Insurance Carriers and related activities (NAICS 524, 526): 7%
- The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 93% compared to 81% for all occupations
- Part-time workers: 7% compared to 19% for all occupations
- 83% of financial advisors work all year, while 17% work only part of the year, compared to 65% and 35% respectively among all occupations. Those who worked only part of the year did so for an average of 49 weeks compared to 43 weeks for all occupations.
- 33% of financial advisors are self-employed compared to an average of 12% for all occupations.
- The gender distribution of people in this occupation is:
- Men: 56% compared to 53% for all occupations
- Women: 43% compared to 47% for all occupations
- The educational attainment of workers in this occupation is:
- no high school diploma: less than 5% compared to 12% for all occupations
- high school diploma or equivalent: 16% compared to 31% for all occupations
- apprenticeship or trades certificate or diploma: 6% compared to 12% for all occupations
- college certificate or diploma or university certificate below bachelor's: 24% compared to 17% for all occupations
- bachelor's degree: 41% compared to 20% for all occupations
- university certificate, degree or diploma above bachelor level: 12% compared to 8% for all occupations
Regional outlooks
The employment outlook will be very good for Financial advisors (NOC 11102) in the Interlake region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Interlake region:
- Approximately 130 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
The employment outlook will be good for Financial advisors (NOC 11102) in the Southeast region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- Not many positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Southeast region:
- Approximately 190 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be very good for Financial advisors (NOC 11102) in the Southwest region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Southwest region:
- Approximately 200 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be very good for Financial advisors (NOC 11102) in the Winnipeg region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Winnipeg region:
- Approximately 2,010 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 93%
Saskatchewan
The employment outlook will be good for Financial advisors (NOC 11102) in Saskatchewan for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
Here are some key facts about Financial advisors in Saskatchewan:
- Approximately 3,300 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 88%
- Insurance Carriers and related activities (NAICS 524, 526): 6%
- The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 95% compared to 81% for all occupations
- Part-time workers: 5% compared to 19% for all occupations
- 85% of financial advisors work all year, while 15% work only part of the year, compared to 65% and 35% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 43 weeks for all occupations.
- 27% of financial advisors are self-employed compared to an average of 16% for all occupations.
- The gender distribution of people in this occupation is:
- Men: 52% compared to 53% for all occupations
- Women: 48% compared to 47% for all occupations
- The educational attainment of workers in this occupation is:
- no high school diploma: less than 5% compared to 11% for all occupations
- high school diploma or equivalent: 19% compared to 33% for all occupations
- apprenticeship or trades certificate or diploma: 9% compared to 15% for all occupations
- college certificate or diploma or university certificate below bachelor's: 23% compared to 17% for all occupations
- bachelor's degree: 38% compared to 18% for all occupations
- university certificate, degree or diploma above bachelor level: 11% compared to 7% for all occupations
Regional outlooks
The employment outlook will be good for Financial advisors (NOC 11102) in the Northern region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- Not many positions will become available due to retirements.
Here are some key facts about Financial advisors in the Northern region:
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be good for Financial advisors (NOC 11102) in the Prince Albert region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- Not many positions will become available due to retirements.
Here are some key facts about Financial advisors in the Prince Albert region:
- Approximately 340 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be good for Financial advisors (NOC 11102) in the Regina - Moose Mountain region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
Here are some key facts about Financial advisors in the Regina - Moose Mountain region:
- Approximately 900 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be good for Financial advisors (NOC 11102) in the Saskatoon - Biggar region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- A moderate number of positions will become available due to retirements.
Here are some key facts about Financial advisors in the Saskatoon - Biggar region:
- Approximately 1,380 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 92%
The employment outlook will be good for Financial advisors (NOC 11102) in the Swift Current - Moose Jaw region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to several new positions.
- A moderate number of positions will become available due to retirements.
Here are some key facts about Financial advisors in the Swift Current - Moose Jaw region:
- Approximately 240 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be good for Financial advisors (NOC 11102) in the Yorkton - Melville region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- Several positions will become available due to retirements.
Here are some key facts about Financial advisors in the Yorkton - Melville region:
- Approximately 120 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
Alberta
The employment outlook will be moderate for Financial advisors (NOC 11102) in Alberta for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
- Higher for longer inflation may also have some firms rethinking expansion resulting in muted employment growth for this occupation.
- However, easing interest rates and inflation should improve spending and the outlook for this occupation.
- Alberta's population growth should improve the demand for this occupation. However, employment opportunities remain sensitive to economic conditions within the province.
Here are some key facts about Financial advisors in Alberta:
- Approximately 12,950 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 81%
- Insurance Carriers and related activities (NAICS 524, 526): 8%
- The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 93% compared to 80% for all occupations
- Part-time workers: 7% compared to 20% for all occupations
- 81% of financial advisors work all year, while 19% work only part of the year, compared to 61% and 39% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 42 weeks for all occupations.
- 30% of financial advisors are self-employed compared to an average of 15% for all occupations.
- The gender distribution of people in this occupation is:
- Men: 52% compared to 53% for all occupations
- Women: 48% compared to 47% for all occupations
- The educational attainment of workers in this occupation is:
- no high school diploma: less than 5% compared to 10% for all occupations
- high school diploma or equivalent: 15% compared to 28% for all occupations
- apprenticeship or trades certificate or diploma: 6% compared to 13% for all occupations
- college certificate or diploma or university certificate below bachelor's: 24% compared to 19% for all occupations
- bachelor's degree: 40% compared to 21% for all occupations
- university certificate, degree or diploma above bachelor level: 14% compared to 9% for all occupations
Regional outlooks
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Athabasca - Grande Prairie - Peace River region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Athabasca - Grande Prairie - Peace River region:
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 94%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Banff - Jasper - Rocky Mountain House region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Banff - Jasper - Rocky Mountain House region:
- Approximately 590 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 94%
The employment outlook will be good for Financial advisors (NOC 11102) in the Calgary region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Calgary region:
- Approximately 5,830 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 86%
- Professional, scientific and technical services (NAICS 54): 7%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Camrose - Drumheller region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- Not many positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Camrose - Drumheller region:
- Approximately 290 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Edmonton region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Edmonton region:
- Approximately 4,750 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 90%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Lethbridge - Medicine Hat region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- Several positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Lethbridge - Medicine Hat region:
- Approximately 590 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Red Deer region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- Not many positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Red Deer region:
- Approximately 470 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Wood Buffalo - Cold Lake region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- Not many positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Wood Buffalo - Cold Lake region:
- Approximately 250 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 92%
- Transportation and warehousing (NAICS 48-49): 5%
British Columbia
The employment outlook will be moderate for Financial advisors (NOC 11102) in British Columbia for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in British Columbia:
- Approximately 18,500 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 78%
- Insurance Carriers and related activities (NAICS 524, 526): 10%
- The distribution of full-time and part-time workers in this occupation is:
- Full-time workers: 91% compared to 78% for all occupations
- Part-time workers: 9% compared to 22% for all occupations
- 80% of financial advisors work all year, while 20% work only part of the year, compared to 61% and 39% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 42 weeks for all occupations.
- 33% of financial advisors are self-employed compared to an average of 17% for all occupations.
- The gender distribution of people in this occupation is:
- Men: 56% compared to 52% for all occupations
- Women: 44% compared to 48% for all occupations
- The educational attainment of workers in this occupation is:
- no high school diploma: less than 5% compared to 8% for all occupations
- high school diploma or equivalent: 14% compared to 28% for all occupations
- apprenticeship or trades certificate or diploma: 5% compared to 13% for all occupations
- college certificate or diploma or university certificate below bachelor's: 20% compared to 17% for all occupations
- bachelor's degree: 44% compared to 22% for all occupations
- university certificate, degree or diploma above bachelor level: 16% compared to 12% for all occupations
Regional outlooks
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Cariboo region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- Several positions will become available due to retirements.
- There are a moderate number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Cariboo region:
- Approximately 230 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be good for Financial advisors (NOC 11102) in the Kootenay region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- Several positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Kootenay region:
- Approximately 300 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 89%
- Professional, scientific and technical services (NAICS 54): 11%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Lower Mainland - Southwest region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Lower Mainland - Southwest region:
- Approximately 12,550 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 87%
- Professional, scientific and technical services (NAICS 54): 7%
The employment outlook will be limited for Financial advisors (NOC 11102) in the Nechako region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- Not many positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Nechako region:
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be limited for Financial advisors (NOC 11102) in the North Coast region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- Not many positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the North Coast region:
- Approximately 110 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Northeast region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- A moderate number of positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Northeast region:
- Approximately 110 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): more than 95%
The employment outlook will be good for Financial advisors (NOC 11102) in the Thompson - Okanagan region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- Several positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Thompson - Okanagan region:
- Approximately 2,530 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 93%
The employment outlook will be moderate for Financial advisors (NOC 11102) in the Vancouver Island and Coast region for the 2024-2026 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- Several positions will become available due to retirements.
- There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about Financial advisors in the Vancouver Island and Coast region:
- Approximately 2,290 people work in this occupation.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 91%
Yukon Territory
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
Northwest Territories
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
Nunavut
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
- Date modified: