11102
Financial advisors
- Express Entry skill level
- Yes
- Regulated in Québec
- Yes
- In demand in Manitoba
- Yes
Classification
Business, finance & administration
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Definition
Financial advisors counsel individuals on financial decisions such as investments, cash management, and estate planning. They establish personal financial plans according to clients' objectives and guide them through the implementation of the proposed strategies that may be adjusted as the situation evolve. They are employed by banks, trust companies and investment firms, or they may be self-employed.
Main duties
- This group performs some or all of the following duties:
- Develop personal financial plans for clients covering cash management, finances, insurance coverage, investments, retirement and estate planning, taxes and legal matters
- Analyze clients' financial records, set goals and develop a financial strategy
- Advise clients on implementing the financial plan to help them achieve their goals
- May also arrange for the purchase and sale of financial products and investments depending on the licence held, and monitor the portfolio to ensure its quality and profitability
- May help to expand business and attract new clients.
Example job titles
- •account manager
- •financial advisor
- •financial consultant
- •financial planner
- •financial security advisor
- •personal finance advisor
- •personal investment advisor
Overview
Under Canada's NOC 2021 system, Financial Advisors are classified under code 11102. This TEER 1 occupation includes professionals who develop financial plans, advise clients on investment strategies, and manage financial portfolios. They are typically employed by banks, trust companies, investment firms, or operate as self-employed individuals. To qualify for immigration under this code, candidates must meet specific employment requirements, which usually include a bachelor's degree in business, economics, or a related field, along with relevant industry licensing or professional designations.
Because NOC 11102 is classified as TEER 1, skilled workers in this category are eligible for key Canadian economic immigration streams. These pathways include the Federal Skilled Worker Program (FSWP) managed through the Express Entry system, as well as several Provincial Nominee Programs (PNPs) that target skilled financial professionals. Candidates must provide proof of their job duties and meeting the educational standards to secure a successful Invitation to Apply (ITA) for permanent residency.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute legal advice. For official and up-to-date immigration policies, please consult Immigration, Refugees and Citizenship Canada (IRCC) or a regulated Canadian immigration consultant.
Educational overview summarizing this occupation. Always confirm against the official NOC profile and IRCC before relying on it.
Occupation data: Statistics Canada / ESDC — National Occupational Classification (NOC) 2021.