Salaries

Financial Advisors Salary in Newfoundland and Labrador

NOC 11102Wages 2023-2024Updated

Median wage
$32.00 an hour Newfoundland and Labrador
Compared with Canada
11.3% lower $4.06 below the Canadian median of $36.06
Job outlook
Good 4 of 5, 2025-2027

Wages in Newfoundland and Labrador

In Canadian dollars an hour, from 2023-2024 data. Low and high are Job Bank’s 10th and 90th percentiles.

Wage range in Newfoundland and Labrador and CanadaNewfoundland and Labrador: median $32.00, from $23.08 to $51.28, middle half $26.44 to $41.03. Canada: median $36.06, from $23.91 to $73.08, middle half $29.00 to $49.00.$20$40$60$80Newfoundland and Labrador: median $32.00, from $23.08 to $51.28, middle half $26.44 to $41.03Newfoundland and Labrador$32.00Canada: median $36.06, from $23.91 to $73.08, middle half $29.00 to $49.00Canada$36.06
The line runs from the low to the high wage, the dot is the median and the box is the middle half (lower to upper quartile).
Wages in Newfoundland and Labrador compared with Canada
WageNewfoundland and LabradorCanada
Low $23.08 $23.91
Lower quartile $26.44 $29.00
Median $32.00 $36.06
Upper quartile $41.03 $49.00
High $51.28 $73.08
Average $36.16 $43.57

Job outlook

Good (4 of 5) for 2025-2027, from Job Bank’s 3-year outlook for Newfoundland and Labrador.

The employment outlook is good for financial advisors in Newfoundland and Labrador for the 2025-2027 period. Moderate employment growth and retirements will lead to a moderate number of new positions. Outlook data

Education and training

TEER category
1
Usual education
A university degree is usually required.

By region in Newfoundland and Labrador

Job Bank’s economic regions, highest median first. A region links to its own page where its figures differ from the province’s.

Wage range by economic region in Newfoundland and LabradorNewfoundland and Labrador (all regions): median $32.00, from $23.08 to $51.28. West Coast – Northern Peninsula – Labrador: median $38.03, from $26.06 to $59.68. Avalon Peninsula: median $32.00, from $23.08 to $51.28. Notre Dame – Central Bonavista Bay: median $32.00, from $23.08 to $51.28. South Coast – Burin Peninsula: not stated.$20$30$40$50$60Newfoundland and Labrador (all regions): median $32.00, from $23.08 to $51.28Newfoundland and Labrador (all regions)$32.00West Coast – Northern Peninsula – Labrador: median $38.03, from $26.06 to $59.68West Coast – Northern Peninsula – Labrador$38.03Avalon Peninsula: median $32.00, from $23.08 to $51.28Avalon Peninsula$32.00Notre Dame – Central Bonavista Bay: median $32.00, from $23.08 to $51.28Notre Dame – Central Bonavista Bay$32.00South Coast – Burin Peninsula: not statedSouth Coast – Burin PeninsulaNot stated
The line runs from the low to the high wage and the dot is the median.
Wage range by economic region in Newfoundland and Labrador (table)
RegionLowMedianHighOutlook
Newfoundland and Labrador (all regions)$23.08$32.00$51.28Good (4 of 5)
West Coast – Northern Peninsula – Labrador$26.06$38.03$59.68Good (4 of 5)
Avalon Peninsula$23.08$32.00$51.28Good (4 of 5)
Notre Dame – Central Bonavista Bay$23.08$32.00$51.28Good (4 of 5)
South Coast – Burin PeninsulaNot statedNot statedNot statedGood (4 of 5)

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