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How much do financial service representatives make?

How much do financial service representatives make?

Financial Service Representative (FSR) Salaries

Job Title Salary
TD Financial Service Representative (FSR) salaries – 13 salaries reported $44,924/yr
CI Financial Financial Service Representative (FSR) salaries – 7 salaries reported $51,342/yr
goeasy Financial Service Representative (FSR) salaries – 6 salaries reported $17/hr

Do financial services pay well?

Finance can be a fiercely competitive field to break into. After all, it’s a famously high-paying industry known to pay six or seven figures in salaries and bonuses for those at the top. Even those on the bottom rung can expect to start at a good wage compared to other fields.

What is the average salary for a financial sales representative?

Financial Sales Representative Salaries

Job Title Salary
TD Financial Sales Representative salaries – 7 salaries reported $40,528/yr
CIBC Financial Sales Representative salaries – 6 salaries reported $42,585/yr
goeasy Financial Sales Representative salaries – 5 salaries reported $17/hr

Is a financial representative a good job?

The financial advisor career is among the best business jobs and best-paying jobs, according to U.S. News’ career rankings. It’s ranked No.

How much does a TD financial advisor make?

Average TD Financial Advisor yearly pay in Alberta is approximately $55,108, which meets the national average.

What is the highest paying financial job?

Highest paying finance jobs

  1. Investment banker. National average salary: $61,929 per year.
  2. Information technology auditor. National average salary: $63,412 per year.
  3. Compliance analyst. National average salary: $64,443 per year.
  4. Financial advisor.
  5. Insurance advisor.
  6. Financial analyst.
  7. Senior accountant.
  8. Hedge fund manager.

What does financial service representative do?

Financial services representatives match financial products to their customers’ needs and provide them with appropriate financial advice to help them meet their goals. The representative also examines the client’s current investments and debts to make recommendations on how to reduce payments or interest.

How much do Canadian financial advisors make?

The average financial advisor salary in Canada is $64,298 per year or $32.97 per hour. Entry-level positions start at $50,000 per year, while most experienced workers make up to $108,324 per year.

Is financial advising a dying industry?

Future Outlook For Financial Advisors… First of all, the profession is growing, not dying. According to the Bureau of Labor Statistics Occupational Outlook Handbook, employment of finance planners is expected to increase by 7% from 2018 to 2028. Plus, the demand for financial advice is increasing.

Do financial advisors get a base salary?

Many financial advisors get paid a base salary plus any performance-based bonuses they may have earned that year. However, it really depends on whether the financial advisor is employed by a large company or is a self-employed registered investment advisor (RIA).

Can financial advisors make a lot of money?

Financial advisors have a median annual salary of nearly $89,000, and the highest-paid ones can make over $200,000. It pays to know how to handle money – literally. If you’re good enough to help manage the financial situation of others, you just may be able to fetch an impressive salary for yourself.

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Ruth Doyle