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Financial Advisor Salary in Edmonton (2026)

Is 79,560/year enough to live in Edmonton?

$79,560$63,274 net·$5,273/month

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Housing Affordability
Based on Edmonton market rates
Comfortable
Good financial cushion
Job Openings
404
estimated
Growth Rate
5.3%
annually

Financial Advisor Salary Analysis in Edmonton

Finance professionals in Edmonton benefit from a diverse employer base spanning banking, insurance, and corporate finance. Financial Advisors average $79,560/year, reflecting both local market conditions and the city's cost of living index of 102.

After federal and Alberta provincial taxes at a combined rate of 20.5%, take-home pay is approximately 63,274/year — or $5,273/month.

Living in Edmonton on a financial advisor salary is very achievable. After covering a 1-bedroom apartment ($1,250/month) and typical living expenses, you'd have roughly $2,823/month left over for savings, investments, or lifestyle spending.

Financial Advisor Salary Range in Edmonton

Entry LevelSenior / Specialist
$45,900Avg: $79,560$127,500

Cost of Living in Edmonton

Housing Costs

Average Home Price:$400,000
1-Bedroom Rent:$1,250/month
2-Bedroom Rent:$1,550/month
Property Tax Rate:0.82%

City Overview

Cost of Living Index:102 (avg: 100)
Average City Income:$68,000
Unemployment Rate:6.8%
Population:1010k

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 Edmonton?

The average financial advisor salary in Edmonton, AB is $79,560 per year as of 2026. This is above the national average of $78,000, primarily due to Edmonton's cost of living index of 102 (Canada average: 100).

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

After federal and Alberta provincial taxes (combined effective rate: 20.5%), a financial advisor in Edmonton takes home approximately $63,274/year — that's $5,273/month or $2,434 bi-weekly.

Is $79,560 a good salary in Edmonton?

In Edmonton, $79,560 is considered a strong salary with good financial flexibility. The city's cost of living index of 102 means your dollar goes about as far as the Canadian average.

What is the salary range for financial advisors in Edmonton?

Financial Advisors in Edmonton typically earn between $45,900 and $127,500 per year, depending on experience, specialization, and employer. Entry-level positions start around $45,900, while senior roles can exceed $127,500.

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

The financial advisor field is growing at approximately 5.3% nationally, a steady pace that reflects stable long-term demand. Edmonton currently has an estimated 404 openings, with an unemployment rate of 6.8%.