Edelweiss Mumbai Financial Advisor Salaries by 10+ Employees

0 - 8 years exp.

₹2.4 Lakhs - ₹8 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Financial Advisor Salary in Financial Services Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Financial Advisor Salary 1 - 8 years exp. (5 salaries)	₹3.6 L/yr - ₹8 L/yr
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Finance & Accounting Financial Advisor Salary 0 - 3 years exp. (5 salaries)	₹2.4 L/yr - ₹5.5 L/yr

Last Updated: 21 Feb 2024

Companies similar to Edelweiss for Financial Advisor in Mumbai

Edelweiss Financial Advisor Salary

0 - 8 years exp. (11 salaries)

₹2.4 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Financial Advisor Salary 0 - 5 years exp. (244 salaries)	₹1.6 L/yr - ₹5 L/yr 18% less
Motilal Oswal Financial Advisor Salary 0 - 3 years exp. (19 salaries)	₹1 L/yr - ₹4 L/yr 39% less
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JPMorgan Chase & Co. Financial Advisor Salary 3 - 9 years exp. (10 salaries)	₹3.3 L/yr - ₹9 L/yr 17% more
Bajaj Capital Financial Advisor Salary 1 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹4 L/yr 37% less
Geojit Financial Services Financial Advisor Salary 1 - 8 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 34% less
ICICI Securities Financial Advisor Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹5 L/yr 8% more

Financial Advisor salary at Edelweiss ranges between ₹2.4 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 11 latest salaries received from various employees of Edelweiss.

Experience wise Edelweiss Financial Advisor salaries in Mumbai

Last Updated: 21 Feb 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
1 year (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
3 years (3 salaries)	₹3.5 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr

View all

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Salary related reviews for Edelweiss

2.3

Rated by 2 employees for salary & benefits

Credit Manager in Surat

Full Time

Risk Management & Compliance Department

5.0

• posted on 06 Mar 2022

3.0

for Salary and Benefits

Likes

Good Experience work in edelweiss and, work freely and fredamly no any pressure and worklord onchead ,good work experience.No any Dislikes coment

Skill development - Excellent

+5 more

Dislikes

...omment is dislikes ,i have work more than 4and half years but,as a financially .there has been growth, and no any salary growth shows in last 4 year .finally i have left the job for financial and salary.

Credit Manager in Kochi

BFSI, Investments & Trading Department

5.0

• posted on 29 Oct 2020

1.0

for Salary and Benefits

Likes

...ation. Presently i am unemployed and doesnot have money even for my basic needs.I expecting 6 month salary as compensation, but company not willing to give compensation to me. Over all in my mind negative impression

Dislikes

Salary - Bad
Skill development - Poor

+5 more

Senior Associate in Mumbai

Retail Department

3.0

• posted on 16 Apr 2019

3.0

for Salary and Benefits

Likes

Good work life balance. Very employee centric and open door policy. Good bonus

Company culture - Excellent

+1 more

Dislikes

Fixed pay is less as they compensate by giving bonuses. Lot of restructuring. Job insecurity due to closure of many business verticals currently

Skill development - Poor

+2 more

Branch Credit Manager in Aurangabad

Full Time

Risk Management & Compliance Department

4.0

• posted on 10 Oct 2023

2.0

for Salary and Benefits

Likes

Sat sun weekly off Average work culture Employee oriented culture

Job security - Good

Dislikes

...over month end Aggressive sales team Poor promotion Poor compliance management Cost cutting

Salary - Poor

+2 more

Credit Associate in Indore

Full Time

Finance & Accounting Department

3.0

• posted on 05 Jul 2023

1.0

for Salary and Benefits

Likes

Good work life balance

Company culture - Good

+1 more

Dislikes

...r further growth , than it is ok , if not than this is not the company for you Also they match the package of those without generating package from the other company , whose vertical is standing at nil business .( Total politics )

Salary - Bad

+3 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Edelweiss Financial Advisor Salary FAQs

What is the salary of Financial Advisor at Edelweiss in Mumbai?

The average salary of a Financial Advisor at Edelweiss in Mumbai typically ranges from ₹2.4 Lakhs to ₹8.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Financial Advisor in Mumbai at Edelweiss earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Financial Advisor Salaries at Edelweiss 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 10+ Edelweiss employees in India.

What is the estimated take home salary of a Financial Advisor at Edelweiss in Mumbai?

The estimated take-home salary of a Financial Advisor at Edelweiss in Mumbai typically ranges from ₹32,103 to ₹33,385 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from Fresher to 8 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 10+ salaries received from various employees of Edelweiss. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Edelweiss for Financial Advisor in India?

JPMorgan Chase & Co.	₹3.3 Lakhs to ₹9.0 Lakhs per year
ICICI Securities	₹3.0 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Edelweiss, depending on the role and experience level.

What is the salary of a Financial Advisor in companies similar to Edelweiss in Mumbai?

The salary of a Financial Advisor at companies similar to Edelweiss in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Motilal Oswal Financial Services	₹1.6 Lakhs to ₹5.0 Lakhs per year
Geojit Financial Services	₹2.2 Lakhs to ₹3.0 Lakhs per year
Bajaj Capital	₹2.4 Lakhs to ₹4.0 Lakhs per year
Motilal Oswal	₹1.0 Lakhs to ₹4.0 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 Financial Advisor at Edelweiss in Mumbai?

The salary growth for a Financial Advisor at Edelweiss in Mumbai depends on factors such as experience, performance, and promotions. On average, a Financial Advisor in Mumbai can expect the following growth trajectory at Edelweiss:

Experience	Average Salary Range
Fresher	₹3.4 Lakhs to ₹4.4 Lakhs per year
1 year	₹3.5 Lakhs to ₹4.5 Lakhs per year
2 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
3 years	₹3.5 Lakhs to ₹5.5 Lakhs per year

and so on.

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Edelweiss Financial Advisor Salaries in Mumbai

Edelweiss Financial Advisor salary in Mumbai ranges between ₹2.4 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Edelweiss latest salaries received from various employees of Edelweiss.