11102 economic 2025-2027
Red Deer Moderate
Canada Moderate
Financial advisors in Red Deer
Salary Information
Wage data for this region
Entry-level
$27.98
/hr
Typical
$38.36
/hr
Experienced
$63.56
/hr
Source: Job Bank Canada. Wages may vary by region and experience.
Employment Trends Analysis
The employment outlook will be Moderate for financial advisors (NOC 11102) in the Red Deer region for the 2025-2027 period.
The following factors contributed to this outlook:
- Employment growth will lead to a moderate number of new positions.
- Not many positions will become available due to retirements.
- There are a small 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 Red Deer region:
- Approximately 470 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): more than 95%