11102 economic 2025-2027
Wood Buffalo - Cold Lake Limited
Canada Moderate
Financial advisors in Wood Buffalo - Cold Lake
Salary Information
Wage data for this region
Entry-level
$21.63
/hr
Typical
$38.97
/hr
Experienced
$48.72
/hr
Average: $35.77/hr
Source: Job Bank Canada. Wages may vary by region and experience.
Employment Trends Analysis
The employment outlook will be Limited for financial advisors (NOC 11102) in the Wood Buffalo - Cold Lake region for the 2025-2027 period.
The following factors contributed to this outlook:
- Employment growth will lead to a few new positions.
- Not many positions will become available due to retirements.
- There are a moderate number of unemployed workers with recent experience in this occupation.
- Digital financial services and AI tools may put pressure on employee skill requirements.
- While Alberta’s population growth should improve the demand for this occupation, employment opportunities remain sensitive to economic conditions within the province.
- Key trends for this occupation include artificial intelligence and robo-advising and an aging client population that seeks income rather than risk and accumulation.
Here are some key facts about financial advisors in the Wood Buffalo - Cold Lake region:
- Approximately 250 people worked in this occupation in May 2021.
- Financial advisors mainly work in the following sectors:
- Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 92%