Canada
Financial Advisor Salary in Cranbrook, British Columbia
$28K
20% Low Band Avg
CAD $40K
Average
$52K
80% High Band Avg
- Bonus: 6,534
Salaries based on experience level
The Average Entry Level salary of Financial Advisor in Cranbrook, British Columbia is CAD $30K/yr, this salary increases 33% to $40K/yr when reach Mid Level Career.
From Mid to Senior Level the average salary increases 29% from $40K/yr to $52K/yr.
Salary Compared to Canada National Average Salary
- Financial Advisor in Cranbrook, British Columbia Salary
- vs
- Financial Advisor in Canada Salary
The Average Salary of Financial Advisor in Cranbrook, British Columbia is $40K/yr. This is -17% lower ($-8,527) compared to Canada national average salary of $49K/yr.
Salary Compared to Cranbrook City Average Salary
- Financial Advisor in Cranbrook, British Columbia Salary
- vs
- Cranbrook, British Columbia City Average Salary
The Average Salary of Financial Advisor in Cranbrook, British Columbia is -18% lower (-9,288) than the average salary for the city of Cranbrook, British Columbia $49K/yr.
Financial Advisor job description
Job Title: Financial Advisor
Overview/Summary of the role:
A financial advisor is responsible for offering comprehensive financial planning advice to their clients. This role involves analyzing financial information, including investment portfolios, debt levels, and insurance coverage, to provide clients with recommendations to help them achieve their long-term goals.
Responsibilities and Duties:
- Meet with clients to assess their financial situation and develop financial plans suited to their individual needs
- Analyze investment portfolios to determine the most effective asset allocation strategy for clients
- Recommend investment products and services that are in line with clients' risk tolerance and financial goals
- Monitor clients' investments and provide ongoing advice to help them achieve their financial objectives
Financial Advisor interview questions
Interviewer: Hello, thank you for coming in today. Can you please tell me about your education and experience in finance?
Candidate: Yes, of course. I have a Bachelor's Degree in Finance and have been working as a Financial Advisor for the past five years. During that time, I have helped clients with budgeting, investments, retirement planning, and insurance.
Interviewer: Great. Can you walk me through how you approach creating a financial plan for a client?
Candidate: Sure. The first step is to gather information about their current financial situation, including income, expenses, assets, and liabilities. Then, I analyze that information and create a financial plan tailored to their specific goals and needs.
Interviewer: How do you stay up-to-date with changes in the financial industry?
Candidate: I attend seminars and webinars, read industry publications, and network with other professionals in the field. It's essential to stay current with the latest trends and regulations to provide the best advice to clients.