Financial Advisor Salary in Ottawa (2026)
Is 84,240/year enough to live in Ottawa?
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Financial Advisor Salary Analysis in Ottawa
Finance professionals in Ottawa benefit from a diverse employer base spanning banking, insurance, and corporate finance. Financial Advisors average $84,240/year, reflecting both local market conditions and the city's cost of living index of 108.
After federal and Ontario provincial taxes at a combined rate of 29.5%, take-home pay is approximately 59,364/year — or $4,947/month.
Living in Ottawa on a financial advisor salary is very achievable. After covering a 1-bedroom apartment ($1,650/month) and typical living expenses, you'd have roughly $2,097/month left over for savings, investments, or lifestyle spending.
Financial Advisor Salary Range in Ottawa
Cost of Living in Ottawa
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 Ottawa?
The average financial advisor salary in Ottawa, ON is $84,240 per year as of 2026. This is above the national average of $78,000, primarily due to Ottawa's cost of living index of 108 (Canada average: 100).
How much does a financial advisor take home after taxes in Ottawa?
After federal and Ontario provincial taxes (combined effective rate: 29.5%), a financial advisor in Ottawa takes home approximately $59,364/year — that's $4,947/month or $2,283 bi-weekly.
Is $84,240 a good salary in Ottawa?
In Ottawa, $84,240 is considered a strong salary with good financial flexibility. The city's cost of living index of 108 means your dollar goes about as far as the Canadian average.
What is the salary range for financial advisors in Ottawa?
Financial Advisors in Ottawa typically earn between $48,600 and $135,000 per year, depending on experience, specialization, and employer. Entry-level positions start around $48,600, while senior roles can exceed $135,000.
How fast is the financial advisor job market growing in Ottawa?
The financial advisor field is growing at approximately 5.3% nationally, a steady pace that reflects stable long-term demand. Ottawa currently has an estimated 407 openings, with an unemployment rate of 4.8%.