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Edelweiss Broking Senior Wealth Manager salaries in Mumbai

Annual salary range
6 - 10 years exp.
₹5 Lakhs - ₹13 Lakhs
Salary of majority employees
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18% less than the average Senior Wealth Manager Salary in Financial Services Companies for 6 - 10 years of experience

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Salaries in different departments

Finance & Accounting
Senior Wealth Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹8.5 L/yr - ₹13 L/yr

Sales & Business Development
Senior Wealth Manager Salary
6 - 9 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹7.8 L/yr

Last Updated: 13 Mar 2023

Companies similar to Edelweiss Broking for Senior Wealth Manager in Mumbai

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Edelweiss Broking Senior Wealth Manager Salary

6 - 10 years exp. (4 salaries)

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₹5 L/yr - ₹13 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Securities Senior Wealth Manager Salary

4 - 18 years exp. (7 salaries)

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₹5 L/yr - ₹12.3 L/yr

arrow icon 20% more
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Bajaj Capital Senior Wealth Manager Salary

2 - 8 years exp. (3 salaries)

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₹5.1 L/yr - ₹8.9 L/yr

arrow icon 2% less
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Edelweiss Senior Wealth Manager Salary

1 - 10 years exp. (10 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 16% less
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₹6 L/yr - ₹13 L/yr

arrow icon 24% more
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₹10 L/yr - ₹18 L/yr

arrow icon 43% more
Senior Wealth Manager salary at Edelweiss Broking ranges between ₹5 Lakhs to ₹13 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Edelweiss Broking.

Latest annual salaries shared by Edelweiss Broking Senior Wealth Manager in Mumbai

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10 years exp.
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6 years exp.
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9 years exp.
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9 years exp.

Experience wise Edelweiss Broking Senior Wealth Manager salaries in Mumbai

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹5 L/yr - ₹13.7 L/yr
7 years (AmbitionBox Estimate)

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₹7 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr
9 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹11.6 L/yr
10 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹13 L/yr

Similar Designation salaries in Edelweiss Broking

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₹3 L/yr - ₹5 L/yr
Wealth Manager Salary
(9 salaries)
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₹3 L/yr - ₹6.25 L/yr
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₹2.7 L/yr - ₹4.5 L/yr
Chief Manager Salary
(3 salaries)
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₹15 L/yr - ₹16.2 L/yr

Salary related reviews for Edelweiss Broking

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 27 May 2023

3.0
 for  Salary and Benefits

Likes

1 - Salary well within time. 2 - Canteen has good staff.

Dislikes

1 - All manager are toxic and kill your work life balance. 2 - Head of Kolkata is a king of toxicity and uses slang langauge. 3 - No appraisal, No promotion. 4 - If Target not achieved then you will be forced to stay till 8 pm in office.

read more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 26 Jan 2022

4.0
 for  Salary and Benefits

Likes

Good work culture, management is very much supportive and guides new joiners and as a fresher good company to start your career with as it provides ample opportunities to learn and grow.

read more

Dislikes

Not much negative points to highlight but compensation and benefits is one area where the company can improve

read more

Technology Department

3.0
  •  posted on 08 Apr 2021

1.0
 for  Salary and Benefits

Likes

Small teams hence more recognition but more work. You can talk in your mother tongue without worrying.

Dislikes

Compensation too low. There is huge demand for coders in the market which Edelweiss is not willing to understand. Wrong people at the wrong position

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 07 Jun 2023

3.0
 for  Salary and Benefits

Likes

opportunity to grow, work-life balance, and visibility

Dislikes

The problem is the non-tech managers who are trying to manage the tech projects. There is zero clarity they have about the technology yet they still feel that they know tech very well. If everything is fine they will not bother but if something breaks they start shouting at everyone irrespective of what the problem is and who to fix it. They work on old technologies and do not want to move to the latest tech stacks. Some people are working from home but they force the majority of the employee to work from the office and you are not allowed to work from home until you break your bone. recently they hired a CTO and after that condition became even worse.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jul 2023

1.0
 for  Salary and Benefits

Likes

Nothing to explain which is good here all and everything in this company is pathetic make by their middle and senior level management otherwise company had a good track record but now only hire and fired policy is running there so better to stay free or stay in old company until get placed in any reputed organisation instead of joining in Edelweiss/ Nuvama wealth.

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Dislikes

I Dislike everything in the organisation. Because no senior level management can resolve any dispute, no support by the management or by your Reporting manager because whole day they play only watsapp watsapp by sitting into cabin under air conditioning but not doing a single effort to support their subordinates like BM’s and other staff. Habit of doing Concall daily in morning and afternoon and sometimes in evening also, but results were zero A very bad and threatening words are used by reporting managers to their staff or subordinates you can say. No department can help you to run your branch smoothly, no marketing material available in the company to help branch to meet client requirements and no budget for doing any activity yes but BM can spent from his own pocket but you never know when u will get your money reimbursed. No moral support no motivation counselling and moreover doing pathetic calls with even new joiner’s also. They will give fake commitment while hiring staff but due to verbal talk no evidence of commitments they turn their tongue and refused every bit of word they said while doing hiring because their branches get closed in a year or two if not get profitable and wind up branches also and staff also asked to put resign or throw you to some unreachable location which will be hundreds of km away from your home town. If not satisfied with this they will de grade your role and profile also. The over all conclusions of the story is not to join this company

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Edelweiss Broking Senior Wealth Manager Salary FAQs

What is the salary of Senior Wealth Manager at Edelweiss Broking Mumbai?
Senior Wealth Manager salary at Edelweiss Broking in Mumbai ranges between ₹5.0 Lakhs to ₹13.0 Lakhs for experience between 6 years to 10 years. According to our estimates it is 18% less than the average Senior Wealth Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Edelweiss Broking Mumbai.
How does the salary of a Senior Wealth Manager at Edelweiss Broking Mumbai compare with the average salary range for this job?
The average salary of a Senior Wealth Manager at Edelweiss Broking is 18% less than the average salary of a Senior Wealth Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Edelweiss Broking to a Senior Wealth Manager in Mumbai?
  • Karvy Private Wealth Senior Wealth Manager Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year
  • Nuvama Wealth and Investment Senior Wealth Manager Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year
  • ICICI Securities Senior Wealth Manager Salary - ₹5.0 Lakhs to ₹12.3 Lakhs per year
What is the salary of a Senior Wealth Manager in companies similar to Edelweiss Broking in Mumbai?
  • Bajaj Capital Senior Wealth Manager Salary - ₹5.1 Lakhs to ₹8.9 Lakhs per year
  • Edelweiss Senior Wealth Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
What is the estimated take home salary of a Senior Wealth Manager at Edelweiss Broking in Mumbai?
The estimated take-home salary of a Senior Wealth Manager at Edelweiss Broking ranges between ₹59,597 per month to ₹61,103 per month in Mumbai. The take-home salary calculation is based on the average Edelweiss Broking Senior Wealth Manager salary in India which ranges between ₹5.0 Lakhs to ₹13.0 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

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Edelweiss Broking Senior Wealth Manager salary in Mumbai ranges between ₹5 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Edelweiss Broking latest salaries received from various employees of Edelweiss Broking.