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Financial Advisor Salary in Burnaby (2026)

Is 97,500/year enough to live in Burnaby?

$97,500$71,117 net·$5,926/month

Trusted by 50,000+ Canadians · Updated for 2026 tax rates · Try different salary

Housing Affordability
Based on Burnaby market rates
Comfortable
Good financial cushion
Job Openings
100
estimated
Growth Rate
5.3%
annually

Financial Advisor Salary Analysis in Burnaby

Burnaby's financial sector provides strong opportunities for Financial Advisors, with average earnings of $97,500/year. The city's growing business community drives consistent demand for finance professionals.

After federal and British-columbia provincial taxes at a combined rate of 27.1%, take-home pay is approximately 71,117/year — or $5,926/month.

Burnaby is one of Canada's more affordable cities, making a financial advisor salary go further. With 1-bedroom apartments averaging $2,200/month, the monthly surplus after rent and living expenses is substantial — ideal for building savings or paying down debt faster.

Financial Advisor Salary Range in Burnaby

Entry LevelSenior / Specialist
$56,250Avg: $97,500$156,250

Cost of Living in Burnaby

Housing Costs

Average Home Price:$1,050,000
1-Bedroom Rent:$2,200/month
2-Bedroom Rent:$2,900/month
Property Tax Rate:0.28%

City Overview

Cost of Living Index:125 (avg: 100)
Average City Income:$54,000
Unemployment Rate:4.9%
Population:249k

How to Increase Your Financial Advisor Salary

1

CPA or CFA designation can increase salary by $15,000–$30,000/year

2

Big 4 accounting firms offer structured career paths and strong starting salaries

3

Financial services in Toronto and Calgary tend to pay the highest in Canada

Frequently Asked Questions

What is the average financial advisor salary in Burnaby?

The average financial advisor salary in Burnaby, BC is $97,500 per year as of 2026. This is above the national average of $78,000, primarily due to Burnaby's cost of living index of 125 (Canada average: 100).

How much does a financial advisor take home after taxes in Burnaby?

After federal and British-columbia provincial taxes (combined effective rate: 27.1%), a financial advisor in Burnaby takes home approximately $71,117/year — that's $5,926/month or $2,735 bi-weekly.

Is $97,500 a good salary in Burnaby?

Burnaby has a high cost of living (index: 125), so $97,500 is a comfortable salary that covers housing and living expenses with room to save.

What is the salary range for financial advisors in Burnaby?

Financial Advisors in Burnaby typically earn between $56,250 and $156,250 per year, depending on experience, specialization, and employer. Entry-level positions start around $56,250, while senior roles can exceed $156,250.

How fast is the financial advisor job market growing in Burnaby?

The financial advisor field is growing at approximately 5.3% nationally, a steady pace that reflects stable long-term demand. Burnaby currently has an estimated 100 openings, with an unemployment rate of 4.9%.