NOC 2021 · 11103 · TEER 1
NOC 11103: Securities agents, investment dealers and brokers
Official NOC 2021, Job Bank and IRCC data · checked 21 October 2026
Securities agents and investment dealers buy and sell stocks, bonds, treasury bills, mutual funds and other securities for individual investors, pension fund managers, banks, trust companies, insurance firms and other establishments. Brokers buy and sell stocks, bonds, commodity futures, foreign currencies and other securities at stock exchanges on behalf of investment dealers. They are employed by investment companies, stock brokerage firms, stock and commodity exchanges and other establishments in the securities industry.
TEER
TEER 1
Usually needs a university degree
Median wage (Canada)
$42.56 / hour
Job Bank, 2023-2024
High-wage tier (from 3 Nov 2026)
Tier 2
+40 CRS for Canadian work, or 70 for a job offer
Express Entry categories
None
General and program draws only
Express Entry
How NOC 11103 counts for Express Entry
- Federal Skilled Worker: eligible occupationNeeds 1 year of continuous skilled (TEER 0–3) work in the last 10 years and 67 points on the FSW grid.
- Canadian Experience Class: eligible occupationNeeds 1 year of skilled (TEER 0–3) work in Canada in the last 3 years.
- Federal Skilled Trades: not eligibleNeeds 2 years of work in an eligible trade group in the last 5 years, plus a job offer or a Canadian certificate of qualification.
High-wage CRS points
NOC 11103 is in tier 2 of IRCC's high-wage list, in effect from 3 November 2026.
| 12+ months of Canadian work | +40 points on top of work-length points |
|---|---|
| Qualifying job offer (no LMIA) | 70 points |
You get whichever option scores higher, not both.
See all 186 high-wage occupationsCategory-based draws
NOC 11103 is not on any of IRCC's 2026 occupation categories. You can still be invited through general, program-specific or French-language draws.
IRCC category listsDuties
Main duties
This group performs some or all of the following duties:
- Securities agents and investment dealers
- Develop long-term relationships with their clients by preparing investment strategies to help them achieve their financial goals, offering advice and information on various investments to guide them in managing their portfolios
- Review financial periodicals, stock and bond reports, business publications and other material, and develop a network within the financial industry to gather relevant information and identify potential investments for clients
- Carry out investment orders by buying and selling stocks, bonds, treasury bills, mutual funds and other securities for individual investors, pension fund managers or companies such as banks, trust companies and insurance firms
- Monitor clients' investment portfolios and ensure that investment transactions are carried out according to industry regulations.
- Brokers
- Buy and sell stocks, bonds, commodity futures, foreign currencies and other securities at stock exchanges on behalf of investment dealers
- Develop trading strategies by reviewing investment information and monitoring market conditions from the exchange floor and through contact with trading departments of other investment firms, pension fund managers and investment company financial analysts
- Make bids and offers to buy and sell securities and complete details of sales on exchange trade tickets
- Prepare reviews of portfolios' positions.
For Express Entry, your experience must match the lead statement and most of these duties, not only the job title.
Job titles
Example job titles
- bond dealer
- broker
- commodity broker
- discount broker
- floor trader - commodity exchange
- foreign exchange trader
- investment dealer
- mutual fund broker
- mutual fund sales representative
- registered investment representative
- registered representatives supervisor
- securities agent
- securities sales agent
- securities trader
- stockbroker
All 38 job titles in NOC 11103
- annuity representative - investments
- arbitrager
- bond broker
- bond dealer
- bond trader
- broker
- commodity broker
- commodity trader
- discount broker
- equity trader
- financial broker
- floor trader - commodity exchange
- foreign exchange dealer
- foreign exchange trader
- futures trader
- grain broker
- grain broker - commodity trading
- grain trader
- independent floor trader
- investment broker
- investment dealer
- investment representative
- money market trader
- mutual fund broker
- mutual fund sales agent
- mutual fund sales representative
- options trader
- registered investment representative
- registered representatives supervisor
- securities agent
- securities representative
- securities sales agent
- securities salesman/woman
- securities trader
- stock exchange floor trader
- stockbroker
- stocks and bonds trader
- trust services salesman/woman
Requirements
Employment requirements
- A bachelor's or master's degree in economics, business or other discipline is usually required.
- A recognized financial designation may be required (CFA, CFP, CIM or others).
- Securities sales representatives and brokers require completion of industry investment and sales training programs and completion of licensing courses such as the Canadian Securities Course and the Conduct and Practices Handbook Course offered by the Canadian Securities Institute, or acceptable alternatives such as completion of one or more levels of the CFA Program, offered by CFA Institute.
- Specialized courses are also available for securities sales representatives and brokers who want to trade in specific investment products such as securities options and futures contracts.
- Licensure by the provincial securities commission in the province of employment or a recognized self-regulatory organization is required for securities agents, investment dealers and brokers.
Additional information
- Progression to related management positions is possible with experience.
This occupation may be regulated in some provinces. You may need a licence or certificate from the provincial regulator before you can work in it in Canada, even if you hold permanent residence.
Wages
Wages for NOC 11103 in Canada
Low, median and high wages per hour in Canadian dollars, from ESDC Job Bank's 2025 wage data.
| Region | Low | Median | High | Source |
|---|---|---|---|---|
| Canada | $24.00 | $42.56 | $88.21 | Labour Force Survey, 2023-2024 |
| Nova Scotia | $31.49 | $39.08 | $56.41 | Labour Force Survey, 2023-2024 |
| Quebec | $23.15 | $38.97 | $69.33 | Small Area Estimation, 2024 |
| Ontario | $22.00 | $43.59 | $84.61 | Labour Force Survey, 2023-2024 |
| Manitoba | $21.92 | $42.75 | $84.53 | Small Area Estimation, 2024 |
| Saskatchewan | $24.44 | $40.66 | $75.29 | Small Area Estimation, 2024 |
| Alberta | $26.96 | $57.29 | $113.56 | Small Area Estimation, 2024 |
| British Columbia | $30.00 | $38.46 | $69.71 | Labour Force Survey, 2023-2024 |
Provinces with too little data are not shown. Wages vary by city and employer; see Job Bank for regional figures.
Job outlook
Job outlook by province, 2025–2027
Job Bank rates the 3-year outlook as good or very good in Manitoba.
GoodManitoba
The employment outlook will be Good for securities agents, investment dealers and brokers (NOC 11103) in Manitoba for the 2025-2027 period.
The following factors contributed to this outlook:
Employment growth will lead to a few new positions.
A moderate number of positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about securities agents, investment dealers and brokers in Manitoba:
Approximately 550 people work in this occupation.
Securities agents, investment dealers and brokers mainly work in the following sectors:
Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 75%
Insurance Carriers and related activities (NAICS 524, 526): 25%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 79% compared to 81% for all occupations
Part-time workers: 21% compared to 19% for all occupations
69% of securities agents, investment dealers and brokers work all year, while 31% 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 44 weeks compared to 43 weeks for all occupations.
59% of securities agents, investment dealers and brokers are self-employed compared to an average of 12% for all occupations.
The gender distribution of people in this occupation is:
Men: 77% compared to 53% for all occupations
Women: 23% compared to 47% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: 6% compared to 12% for all occupations
high school diploma or equivalent: 27% compared to 31% for all occupations
apprenticeship or trades certificate or diploma: less than 5% compared to 12% for all occupations
college certificate or diploma or university certificate below bachelor's: 14% compared to 17% for all occupations
bachelor's degree: 43% compared to 20% for all occupations
university certificate, degree or diploma above bachelor level: 7% compared to 8% for all occupations
ModerateNova Scotia
The employment outlook will be Moderate for securities agents, investment dealers and brokers (NOC 11103) in Nova Scotia for the 2025-2027 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.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about securities agents, investment dealers and brokers in Nova Scotia:
Approximately 150 people worked in this occupation in May 2021.
Securities agents, investment dealers and brokers mainly work in the following sectors:
Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 80%
Insurance Carriers and related activities (NAICS 524, 526): 20%
69% of securities agents, investment dealers and brokers work all year, while 31% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 41 weeks compared to 42 weeks for all occupations.
38% of securities agents, investment dealers and brokers are self-employed compared to an average of 11% for all occupations.
The gender distribution of people in this occupation is:
Men: 73% compared to 51% for all occupations
Women: 27% compared to 49% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: n/a
high school diploma or equivalent: 31% compared to 27% for all occupations
apprenticeship or trades certificate or diploma: n/a
college certificate or diploma or university certificate below bachelor's: 6% compared to 22% for all occupations
bachelor's degree: 42% compared to 20% for all occupations
university certificate, degree or diploma above bachelor level: 17% compared to 10% for all occupations
ModerateOntario
The employment outlook will be Moderate for securities agents, investment dealers and brokers (NOC 11103) in Ontario for the 2025-2027 period.
The following factors contributed to this outlook:
Employment decline will lead to the loss of some positions.
A moderate number of positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about securities agents, investment dealers and brokers in Ontario:
Approximately 16,100 people work in this occupation.
Securities agents, investment dealers and brokers mainly work in the following sectors:
Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 91%
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: 89% compared to 81% for all occupations
Part-time workers: 11% compared to 19% for all occupations
80% of securities agents, investment dealers and brokers work all year, while 20% work only part of the year, compared to 63% and 37% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 43 weeks for all occupations.
35% of securities agents, investment dealers and brokers are self-employed compared to an average of 15% for all occupations.
The gender distribution of people in this occupation is:
Men: 70% compared to 52% for all occupations
Women: 30% compared to 48% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 9% for all occupations
high school diploma or equivalent: 14% compared to 25% for all occupations
apprenticeship or trades certificate or diploma: less than 5% compared to 8% for all occupations
college certificate or diploma or university certificate below bachelor's: 15% compared to 22% for all occupations
bachelor's degree: 46% compared to 24% for all occupations
university certificate, degree or diploma above bachelor level: 21% compared to 13% for all occupations
ModerateSaskatchewan
The employment outlook will be Moderate for securities agents, investment dealers and brokers (NOC 11103) in Saskatchewan for the 2025-2027 period.
The following factors contributed to this outlook:
Employment is expected to remain relatively stable.
A moderate number of positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about securities agents, investment dealers and brokers in Saskatchewan:
Approximately 150 people worked in this occupation in May 2021.
Securities agents, investment dealers and brokers mainly work in the following sectors:
Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 89%
Insurance Carriers and related activities (NAICS 524, 526): 9%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 91% compared to 81% for all occupations
Part-time workers: 9% compared to 19% for all occupations
76% of securities agents, investment dealers and brokers work all year, while 24% 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 44 weeks compared to 43 weeks for all occupations.
49% of securities agents, investment dealers and brokers are self-employed compared to an average of 16% for all occupations.
The gender distribution of people in this occupation is:
Men: 66% compared to 53% for all occupations
Women: 34% compared to 47% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: n/a
high school diploma or equivalent: 37% compared to 33% for all occupations
apprenticeship or trades certificate or diploma: 5% compared to 15% for all occupations
college certificate or diploma or university certificate below bachelor's: 5% compared to 17% for all occupations
bachelor's degree: 47% compared to 18% for all occupations
university certificate, degree or diploma above bachelor level: n/a
ModerateAlberta
The employment outlook will be Moderate for securities agents, investment dealers and brokers (NOC 11103) in Alberta for the 2025-2027 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.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about securities agents, investment dealers and brokers in Alberta:
Approximately 2,750 people work in this occupation.
Securities agents, investment dealers and brokers mainly work in the following sectors:
Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 84%
Insurance Carriers and related activities (NAICS 524, 526): 12%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 86% compared to 80% for all occupations
Part-time workers: 14% compared to 20% for all occupations
79% of securities agents, investment dealers and brokers work all year, while 21% work only part of the year, compared to 61% and 39% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 42 weeks for all occupations.
49% of securities agents, investment dealers and brokers are self-employed compared to an average of 15% for all occupations.
The gender distribution of people in this occupation is:
Men: 75% compared to 53% for all occupations
Women: 25% compared to 47% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 10% for all occupations
high school diploma or equivalent: 20% compared to 28% for all occupations
apprenticeship or trades certificate or diploma: 7% compared to 13% for all occupations
college certificate or diploma or university certificate below bachelor's: 14% compared to 19% for all occupations
bachelor's degree: 47% compared to 21% for all occupations
university certificate, degree or diploma above bachelor level: 11% compared to 9% for all occupations
ModerateBritish Columbia
The employment outlook will be Moderate for securities agents, investment dealers and brokers (NOC 11103) in British Columbia for the 2025-2027 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.
There are a small number of unemployed workers with recent experience in this occupation.
Demand for this occupation is driven by business need for financial oversight, compliance with new and complex regulations, and financial analysis to improve profitability and efficiency.
Here are some key facts about securities agents, investment dealers and brokers in British Columbia:
Approximately 4,100 people work in this occupation.
Securities agents, investment dealers and brokers mainly work in the following sectors:
Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 89%
Insurance Carriers and related activities (NAICS 524, 526): 9%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 82% compared to 78% for all occupations
Part-time workers: 18% compared to 22% for all occupations
71% of securities agents, investment dealers and brokers work all year, while 28% work only part of the year, compared to 61% and 39% respectively among all occupations. Those who worked only part of the year did so for an average of 45 weeks compared to 42 weeks for all occupations.
60% of securities agents, investment dealers and brokers are self-employed compared to an average of 17% for all occupations.
The gender distribution of people in this occupation is:
Men: 75% compared to 52% for all occupations
Women: 25% compared to 48% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 8% for all occupations
high school diploma or equivalent: 18% compared to 28% for all occupations
apprenticeship or trades certificate or diploma: 7% compared to 13% for all occupations
college certificate or diploma or university certificate below bachelor's: 16% compared to 17% for all occupations
bachelor's degree: 42% compared to 22% for all occupations
university certificate, degree or diploma above bachelor level: 17% compared to 12% for all occupations
LimitedQuebec
The employment outlook will be Limited for securities agents, investment dealers and brokers (NOC 11103) in Quebec for the 2025-2027 period.
The following factors contributed to this outlook:
Employment decline will lead to the loss of some positions.
A moderate number of positions will become available due to retirements.
There are a small number of unemployed workers with recent experience in this occupation.
Here are some key facts about securities agents, investment dealers and brokers in Quebec:
Approximately 2,350 people work in this occupation.
Securities agents, investment dealers and brokers mainly work in the following sectors:
Finance, insurance, real estate and leasing (NAICS 52, 53): more than 95%
The distribution of full-time and part-time workers in this occupation is:
Full-time workers: 90% compared to 82% for all occupations
Part-time workers: 10% compared to 18% for all occupations
75% of securities agents, investment dealers and brokers work all year, while 25% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 46 weeks compared to 43 weeks for all occupations.
37% of securities agents, investment dealers and brokers are self-employed compared to an average of 12% for all occupations.
The gender distribution of people in this occupation is:
Men: 64% compared to 52% for all occupations
Women: 36% compared to 48% for all occupations
The educational attainment of workers in this occupation is:
no high school diploma: less than 5% compared to 12% for all occupations
high school diploma or equivalent: 14% compared to 19% for all occupations
apprenticeship or trades certificate or diploma: 8% compared to 19% for all occupations
college certificate or diploma or university certificate below bachelor's: 23% compared to 22% for all occupations
bachelor's degree: 39% compared to 17% for all occupations
university certificate, degree or diploma above bachelor level: 16% compared to 11% for all occupations
UndeterminedNewfoundland and Labrador
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
UndeterminedPrince Edward Island
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
UndeterminedNew Brunswick
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
UndeterminedNorthwest Territories
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
UndeterminedNunavut
An employment outlook has not been assigned to this occupation in this region due to low levels of employment.
Source: ESDC Job Bank, 3-year employment outlooks 2025–2027 (released December 2025).
Provinces
Provincial Nominee Programs
A provincial nomination adds 600 CRS points. Most provinces run occupation-targeted draws or in-demand lists, and some accept TEER 4 and 5 occupations that Express Entry does not.
Provincial lists change often, sometimes between draws. We check whether NOC 11103 is being targeted by any province as part of a consultation.
Similar occupations
Related NOC codes
Classified elsewhere
If your duties fit one of these better, use that code instead.
Same occupation group
Auditors, accountants and investment professionals
Questions
NOC 11103: common questions
What is the NOC code for securities agents, investment dealers and brokers?
What TEER category is NOC 11103?
Is NOC 11103 eligible for Express Entry?
Is NOC 11103 a high-wage occupation for Express Entry?
Is NOC 11103 eligible for category-based Express Entry draws?
What is the median wage for NOC 11103 in Canada?
Classification
Where it sits in NOC 2021
- 1Business, finance and administration occupationsBroad Category
- 11Professional occupations in finance and businessMajor Group
- 111Professional occupations in financeSub-major Group
- 1110Auditors, accountants and investment professionalsMinor Group
- 11103Securities agents, investment dealers and brokers
Enquiry
Is NOC 11103 your occupation? Ask us about your options.
Tell us your duties, experience and language scores. We will confirm your NOC code and the Canadian routes that fit.
Sources: Statistics Canada, NOC 2021 Version 1.0, Job Bank wages (2025), Job Bank outlooks 2025–2027 and IRCC. Contains information licensed under the Open Government Licence – Canada. Checked 21 October 2026.
NOC 2026 is due from Statistics Canada in December 2026. IRCC still uses NOC 2021 codes, and this page will show any change once IRCC switches.
This page is general information, not immigration advice. It is not affiliated with or endorsed by the Government of Canada, IRCC or ESDC.
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