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63102 - Financial sales representatives

Broad Occupation Category

6 – Sales and service occupations

TEER

2

Major Group

63 – Occupations in personal service

Sub-major Group

631 – Insurance, real estate and financial sales occupations

Minor Group

6310 – Insurance, real estate and financial sales occupations

Main Duties

Financial sales representatives perform some or all of the following duties:

  • Sell financial products and services such as RRSPs, GICs, and mutual funds
  • Advise clients on personalized investment strategies and retirement planning
  • Analyze clients' financial information and objectives
  • Review and update clients' portfolios based on market changes
  • Solicit new business through networking and cold-calling

Employment Requirements

These are the typical employment requirements and benefits associated with this occupation in Canada:

  • A university degree or college diploma in business, economics, or a related field is usually required
  • Licensure or certification by a recognized financial body (e.g., CSC, IFIC) is typically required
  • Several years of experience in sales or a related financial service are required
  • Strong analytical, communication, and client relationship skills are essential

Financial Sales Representatives Salary Prospects

Community/AreaCanada
Low ($/hour)22.00
Median ($/hour)34.62
High ($/hour)58.00
Community/AreaAlberta
Low ($/hour)24.00
Median ($/hour)36.00
High ($/hour)62.00
Community/AreaBritish Columbia
Low ($/hour)23.50
Median ($/hour)35.00
High ($/hour)60.00
Community/AreaOntario
Low ($/hour)23.00
Median ($/hour)36.50
High ($/hour)64.00
Community/AreaQuebec
Low ($/hour)20.00
Median ($/hour)30.00
High ($/hour)52.00
Community/AreaManitoba
Low ($/hour)19.00
Median ($/hour)28.00
High ($/hour)48.00
Community/AreaNova Scotia
Low ($/hour)18.50
Median ($/hour)27.50
High ($/hour)45.00

Want to know all the salary details? Visit our NOC page for 63102!

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NOC 63102 — Financial sales representatives

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