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Edelweiss Broking Wealth Manager salaries in India

Annual salary range
0 - 11 years exp.
₹3 Lakhs - ₹7.3 Lakhs
Salary of majority employees
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25% less than the average Wealth Manager Salary in Financial Services Companies for 0 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Wealth Manager Salary
0 - 11 years exp. (28 salaries)
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₹3.7 L/yr - ₹6.5 L/yr

Finance & Accounting
Wealth Manager Salary
0 - 8 years exp. (8 salaries)
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₹3.5 L/yr - ₹7.2 L/yr

Sales & Business Development
Wealth Manager Salary
2 - 8 years exp. (5 salaries)
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₹5 L/yr - ₹7.3 L/yr

Last Updated: 25 Nov 2024

Companies similar to Edelweiss Broking for Wealth Manager

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

0 - 9 years exp. (174 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 14% more
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HDFC Securities Wealth Manager Salary

2 - 6 years exp. (5 salaries)

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₹4 L/yr - ₹6.5 L/yr

arrow icon 11% more
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Kotak Securities Wealth Manager Salary

4 - 5 years exp. (5 salaries)

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₹5.2 L/yr - ₹8 L/yr

arrow icon 26% more
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Sharekhan Wealth Manager Salary

0 - 7 years exp. (4 salaries)

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₹3.5 L/yr - ₹8 L/yr

arrow icon 2% less
1 job opening
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Angel One Wealth Manager Salary

1 - 5 years exp. (14 salaries)

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₹2.4 L/yr - ₹5 L/yr

arrow icon 35% less
1 job opening
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₹3 L/yr - ₹12.5 L/yr

arrow icon 41% more
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IIFL Securities Wealth Manager Salary

6 - 18 years exp. (4 salaries)

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₹6.3 L/yr - ₹12 L/yr

arrow icon 53% more
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Reliance Securities Wealth Manager Salary

1 - 11 years exp. (6 salaries)

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₹4 L/yr - ₹7 L/yr

arrow icon 6% more
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Karvy Stock Broking Wealth Manager Salary

4 - 14 years exp. (5 salaries)

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₹3 L/yr - ₹6.5 L/yr

arrow icon 1% less
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Citicorp Wealth Manager Salary

2 - 9 years exp. (23 salaries)

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₹8 L/yr - ₹16.5 L/yr

arrow icon 116% more
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SBI Securities Wealth Manager Salary

0 - 6 years exp. (4 salaries)

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₹3 L/yr - ₹4 L/yr

arrow icon 32% less
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Morgan Stanley Wealth Manager Salary

0 - 4 years exp. (4 salaries)

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₹12 L/yr - ₹48 L/yr

arrow icon 310% more
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HSBC Group Wealth Manager Salary

0 - 12 years exp. (4 salaries)

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₹7 L/yr - ₹10 L/yr

arrow icon 61% more
Wealth Manager salary at Edelweiss Broking ranges between ₹3 Lakhs to ₹7.3 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 44 latest salaries received from various employees of Edelweiss Broking.

Latest annual salaries shared by Edelweiss Broking Wealth Manager

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Experience wise Edelweiss Broking Wealth Manager salaries

Last Updated: 25 Nov 2024

Experience Avg Annual Salary
Fresher  (6 salaries)

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₹3.6 L/yr - ₹9.2 L/yr
1 year  (11 salaries)

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₹3 L/yr - ₹6.3 L/yr
2 years  (6 salaries)

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₹3.7 L/yr - ₹5.3 L/yr
3 years  (4 salaries)

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₹4.2 L/yr - ₹6.2 L/yr
4 years  (3 salaries)

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₹3.5 L/yr - ₹6 L/yr
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Similar Designation salaries in Edelweiss Broking

Branch Manager Salary
(17 salaries)
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₹5.5 L/yr - ₹11 L/yr
Sales Manager Salary
(9 salaries)
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₹3.6 L/yr - ₹4.8 L/yr
Area Manager Salary
(4 salaries)
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₹8 L/yr - ₹13.75 L/yr
Chief Manager Salary
(7 salaries)
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₹9 L/yr - ₹16.2 L/yr
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₹5 L/yr - ₹13 L/yr
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₹2.15 L/yr - ₹5 L/yr
Branch Head Salary
(4 salaries)
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₹6.3 L/yr - ₹12 L/yr
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₹3.5 L/yr - ₹5.3 L/yr
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₹3.18 L/yr - ₹4.5 L/yr
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₹34.1 L/yr - ₹51 L/yr

Salary related reviews for Edelweiss Broking

3.4

Rated by 9 employees for salary & benefits

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
  • Skill development - Poor
  • +5 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
  • Salary - Good
  • +6 more

Dislikes

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

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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

read more
  • Salary - Bad
  • +5 more

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
  • Skill development - Bad
  • +3 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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  • Salary - Bad
  • +6 more
see more salary related reviews

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Edelweiss Broking Wealth Manager Salary FAQs

What is the salary of Wealth Manager at Edelweiss Broking ?
The average salary of a Wealth Manager at Edelweiss Broking in India typically ranges from ₹3.0 Lakhs to ₹7.3 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Wealth Manager at Edelweiss Broking earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹7.3 Lakhs per year. Wealth Manager Salaries at Edelweiss Broking can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 40+ Edelweiss Broking employees in India.
What is the estimated take home salary of a Wealth Manager at Edelweiss Broking in India?
The estimated take-home salary of a Wealth Manager at Edelweiss Broking in India typically ranges from ₹41,845 to ₹42,983 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹7.3 Lakhs per year for employees with experience ranging from Fresher to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 40+ salaries received from various employees of Edelweiss Broking. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Edelweiss Broking for Wealth Manager in India?
Morgan Stanley ₹12.0 Lakhs to ₹48.0 Lakhs per year
Citicorp ₹8.0 Lakhs to ₹16.5 Lakhs per year
HSBC Group ₹7.0 Lakhs to ₹10.0 Lakhs per year
IIFL Securities ₹6.3 Lakhs to ₹12.0 Lakhs per year
Motilal Oswal Financial Services ₹3.0 Lakhs to ₹12.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Edelweiss Broking, depending on the role and experience level.
What is the salary of a Wealth Manager in companies similar to Edelweiss Broking in India?
The salary of a Wealth Manager at companies similar to Edelweiss Broking in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Securities ₹5.2 Lakhs to ₹8.0 Lakhs per year
ICICI Securities ₹4.0 Lakhs to ₹10.0 Lakhs per year
HDFC Securities ₹4.0 Lakhs to ₹6.5 Lakhs per year
Reliance Securities ₹4.0 Lakhs to ₹7.0 Lakhs per year
Karvy Stock Broking ₹3.0 Lakhs to ₹6.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Wealth Manager at Edelweiss Broking in India?
The salary growth for a Wealth Manager at Edelweiss Broking depends on factors such as experience, performance, and promotions. On average, a Wealth Manager can expect the following growth trajectory at Edelweiss Broking:

Experience Average Salary Range
Fresher ₹3.6 Lakhs to ₹9.2 Lakhs per year
1 year ₹3.0 Lakhs to ₹6.3 Lakhs per year
2 years ₹3.7 Lakhs to ₹5.3 Lakhs per year
3 years ₹4.2 Lakhs to ₹6.2 Lakhs per year
and so on.

Tell us how to improve this page.

Edelweiss Broking Wealth Manager salary in India ranges between ₹3 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 44 Edelweiss Broking latest salaries received from various employees of Edelweiss Broking.