Job prospects Banking Advisor in Saskatchewan

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Explore current and future job prospects for people working as a "banking advisor" in Saskatchewan or across Canada.

Job opportunities in Saskatchewan

These outlooks were updated on December 11, 2024.

Prospects over the next 3 years

The employment outlook will be good for Financial advisors (NOC 11102) in Saskatchewan for the 2024-2026 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• A moderate number of positions will become available due to retirements.

Here are some key facts about Financial advisors in Saskatchewan:

• Approximately 3,300 people work in this occupation.
• Financial advisors mainly work in the following sectors:
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 88%
  • Insurance Carriers and related activities (NAICS 524, 526): 6%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 95% compared to 81% for all occupations
  • Part-time workers: 5% compared to 19% for all occupations
• 85% of financial advisors work all year, while 15% work only part of the year, compared to 65% and 35% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 43 weeks for all occupations.
• 27% of financial advisors are self-employed compared to an average of 16% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 52% compared to 53% for all occupations
  • Women: 48% compared to 47% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: less than 5% compared to 11% for all occupations
  • high school diploma or equivalent: 19% compared to 33% for all occupations
  • apprenticeship or trades certificate or diploma: 9% compared to 15% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 23% compared to 17% for all occupations
  • bachelor's degree: 38% compared to 18% for all occupations
  • university certificate, degree or diploma above bachelor level: 11% compared to 7% for all occupations

Breakdown by region

Explore job prospects in Saskatchewan by economic region.

Source Labour Market Information | Prospects Methodology