Financial Advisor Salary in Markham (2026)
Is 97,500/year enough to live in Markham?
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Financial Advisor Salary Analysis in Markham
Markham'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 Ontario provincial taxes at a combined rate of 29.5%, take-home pay is approximately 68,708/year — or $5,726/month.
Markham offers a good balance of opportunity and affordability. With rent starting at $2,200/month for a 1-bedroom, a financial advisor earning $5,726/month take-home has solid financial flexibility compared to larger Canadian cities.
Financial Advisor Salary Range in Markham
Cost of Living in Markham
Housing Costs
City Overview
How to Increase Your Financial Advisor Salary
CPA or CFA designation can increase salary by $15,000–$30,000/year
Big 4 accounting firms offer structured career paths and strong starting salaries
Financial services in Toronto and Calgary tend to pay the highest in Canada
Frequently Asked Questions
What is the average financial advisor salary in Markham?
The average financial advisor salary in Markham, ON is $97,500 per year as of 2026. This is above the national average of $78,000, primarily due to Markham's cost of living index of 125 (Canada average: 100).
How much does a financial advisor take home after taxes in Markham?
After federal and Ontario provincial taxes (combined effective rate: 29.5%), a financial advisor in Markham takes home approximately $68,708/year — that's $5,726/month or $2,643 bi-weekly.
Is $97,500 a good salary in Markham?
Markham 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 Markham?
Financial Advisors in Markham 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 Markham?
The financial advisor field is growing at approximately 5.3% nationally, a steady pace that reflects stable long-term demand. Markham currently has an estimated 135 openings, with an unemployment rate of 5.2%.