Financial Advisor Salary in Montreal (2026)
Is 76,440/year enough to live in Montreal?
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Financial Advisor Salary Analysis in Montreal
Finance professionals in Montreal benefit from a diverse employer base spanning banking, insurance, and corporate finance. Financial Advisors average $76,440/year, reflecting both local market conditions and the city's cost of living index of 98.
After federal and Quebec provincial taxes at a combined rate of 37.7%, take-home pay is approximately 47,599/year — or $3,967/month.
Montreal is one of Canada's most expensive cities, and a financial advisor salary requires careful budgeting. A 1-bedroom apartment runs $1,450/month, leaving limited room for savings. Many professionals opt for roommates or consider nearby suburbs to stretch their take-home pay further.
Financial Advisor Salary Range in Montreal
Cost of Living in Montreal
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 Montreal?
The average financial advisor salary in Montreal, QC is $76,440 per year as of 2026. This is below the national average of $78,000, primarily due to Montreal's cost of living index of 98 (Canada average: 100).
How much does a financial advisor take home after taxes in Montreal?
After federal and Quebec provincial taxes (combined effective rate: 37.7%), a financial advisor in Montreal takes home approximately $47,599/year — that's $3,967/month or $1,831 bi-weekly.
Is $76,440 a good salary in Montreal?
In Montreal, $76,440 is considered a strong salary with good financial flexibility. The city's cost of living index of 98 means your dollar goes further than the Canadian average.
What is the salary range for financial advisors in Montreal?
Financial Advisors in Montreal typically earn between $44,100 and $122,500 per year, depending on experience, specialization, and employer. Entry-level positions start around $44,100, while senior roles can exceed $122,500.
How fast is the financial advisor job market growing in Montreal?
The financial advisor field is growing at approximately 5.3% nationally, a steady pace that reflects stable long-term demand. Montreal currently has an estimated 705 openings, with an unemployment rate of 5.6%.