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Edelweiss Private Wealth Wealth Manager salaries in Mumbai

Annual salary range
0 - 6 years exp.
₹4 Lakhs - ₹7.4 Lakhs
Salary of majority employees
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29% less than the average Wealth Manager Salary for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Wealth Manager Salary
0 - 6 years exp. (4 salaries)
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₹4 L/yr - ₹7.4 L/yr

Finance & Accounting
Wealth Manager Salary
Fresher (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.9 L/yr

Last Updated: 16 Jan 2024

Companies similar to Edelweiss Private Wealth for Wealth Manager in Mumbai

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Edelweiss Private Wealth Wealth Manager Salary

0 - 6 years exp. (5 salaries)

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₹4 L/yr - ₹7.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Wealth Manager Salary

0 - 14 years exp. (180 salaries)

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₹4 L/yr - ₹12.4 L/yr

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HDFC Bank Wealth Manager Salary

0 - 2 years exp. (7 salaries)

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₹12 L/yr - ₹20 L/yr

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Axis Bank Wealth Manager Salary

3 - 6 years exp. (3 salaries)

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₹9 L/yr - ₹13.5 L/yr

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Edelweiss Wealth Manager Salary

0 - 8 years exp. (33 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 10% more
4 job openings
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₹3 L/yr - ₹9.8 L/yr

arrow icon 26% more
Wealth Manager salary at Edelweiss Private Wealth ranges between ₹4 Lakhs to ₹7.4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Edelweiss Private Wealth.

Latest annual salaries shared by Edelweiss Private Wealth Wealth Manager in Mumbai

1y ago
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1 year exp.

Experience wise Edelweiss Private Wealth Wealth Manager salaries in Mumbai

Last Updated: 16 Jan 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.3 L/yr
1 year (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
2 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
3 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
4 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
View all

Similar Designation salaries in Edelweiss Private Wealth

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₹40 L/yr - ₹104 L/yr
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₹15 L/yr - ₹16.4 L/yr

Salary related reviews for Edelweiss Private Wealth

1.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 13 Oct 2023

2.0
 for  Salary and Benefits

Likes

Nothing much to like here. You have good level of job security. Nothing else.

  • Job security - Good

Dislikes

The company works in a disorganised manner. Nothing is structured and on place. No proper segregation of duty is there as well. No training and development for operations team. No employee benefit. Everything is highly manual and on excel. Basic induction is also not give you won’t feel like your work for a company. People where pajamas and come to office and even ripped jeans. If you come from a multinational here you will regret in all senses. So don’t come.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Operations Department

5.0
  •  posted on 16 Aug 2022

4.0
 for  Salary and Benefits

Likes

I like that they give stability to their employees and that the remuneration comes on time, may what come.

  • Salary - Good
  • +3 more

Dislikes

Frequent changes in processes makes the working struggling. No focus on work related skill n knowledge enhancement

Full Time

 · 

Human Resources Department

5.0
  •  posted on 06 Nov 2022

5.0
 for  Salary and Benefits

Likes

Great work culture, friendly people, opportunity to learn if you know to gauge!!

  • Salary - Excellent
  • +3 more

Dislikes

Honestly nothing to dislike we all knw politics will be present, we knw lil biasedness we all gonna get to see so chill great place to work

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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Apr 2023

2.0
 for  Salary and Benefits

Likes

Good work culture.

  • Job security - Excellent
  • +3 more

Dislikes

It's a sales driven organisation, revenue oriented, least bothered about client's service. Nor they priorities the Backend officer or service manager. No growth for service person nor they have created a KRA which may help to be well paid.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Sales Department

4.0
  •  posted on 28 Oct 2022

4.0
 for  Salary and Benefits

Likes

L&D is great but so many criterias need to be met for earning incentive.

  • Salary - Good
  • +1 more

Dislikes

Poor incentive system for sales people.. scorecard is complex criteria to deduct hard earned incentive. Hire u as wealth RM and treated as field sales executives...not recommended for post grades. Careers growth is slow and incentive structure needs to be more sales oreiented.

read more
  • Promotions - Poor
  • +1 more
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Edelweiss Private Wealth Wealth Manager Salary FAQs

What is the salary of Wealth Manager at Edelweiss Private Wealth in Mumbai?
The average salary of a Wealth Manager at Edelweiss Private Wealth in Mumbai typically ranges from ₹4.0 Lakhs to ₹7.4 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Wealth Manager in Mumbai at Edelweiss Private Wealth earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹7.4 Lakhs per year. Wealth Manager Salaries at Edelweiss Private Wealth 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 5 Edelweiss Private Wealth employees in India.
What is the estimated take home salary of a Wealth Manager at Edelweiss Private Wealth in Mumbai?
The estimated take-home salary of a Wealth Manager at Edelweiss Private Wealth in Mumbai typically ranges from ₹40,354 to ₹41,514 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹7.4 Lakhs per year for employees with experience ranging from Fresher to 6 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 5 salaries received from various employees of Edelweiss Private Wealth. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Edelweiss Private Wealth for Wealth Manager in India?
HDFC Bank ₹12.0 Lakhs to ₹20.0 Lakhs per year
Axis Bank ₹9.0 Lakhs to ₹13.5 Lakhs per year
ICICI Bank ₹4.0 Lakhs to ₹12.4 Lakhs per year
Nuvama Wealth and Investment ₹3.0 Lakhs to ₹9.8 Lakhs per year
Edelweiss ₹3.0 Lakhs to ₹9.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Edelweiss Private Wealth, depending on the role and experience level.
How the salary growth look like for a Wealth Manager at Edelweiss Private Wealth in Mumbai?
The salary growth for a Wealth Manager at Edelweiss Private Wealth in Mumbai depends on factors such as experience, performance, and promotions. On average, a Wealth Manager in Mumbai can expect the following growth trajectory at Edelweiss Private Wealth:

Experience Average Salary Range
Fresher ₹4.2 Lakhs to ₹5.3 Lakhs per year
1 year ₹4.4 Lakhs to ₹5.6 Lakhs per year
2 years ₹4.6 Lakhs to ₹5.9 Lakhs per year
3 years ₹4.8 Lakhs to ₹6.1 Lakhs per year
and so on.

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Edelweiss Private Wealth Wealth Manager salary in Mumbai ranges between ₹4 Lakhs to ₹7.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Edelweiss Private Wealth latest salaries received from various employees of Edelweiss Private Wealth.