Self-employed financial planners may charge fees for their services, earn commissions on the products they sell, or both.
Fee-for-service planners charge hourly or provide a quote for a full plan. They may base the quote on the complexity of the plan or the value of a client’s assets.
Commission planners receive commissions for selling specific financial products or referring clients to specific professionals or companies.
Financial planners who work at larger financial institutions typically earn salaries.
In Alberta, this occupation is part of 1 or more 2016 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.