Elara Capital Wealth Manager Salaries by 6 Employees (Updated 2024)

5 - 7 years exp.

₹7 Lakhs - ₹13 Lakhs

Salary of majority employees

56% more than the average Wealth Manager Salary in Financial Services Companies for 5 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Wealth Manager Salary 6 - 7 years exp. (3 salaries)	₹7 L/yr - ₹11.6 L/yr
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Sales & Business Development Wealth Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.3 L/yr

Last Updated: 1 Feb 2024

Companies similar to Elara Capital for Wealth Manager

Company name	Avg Annual Salary	Open Jobs
Edelweiss Wealth Manager Salary 0 - 8 years exp. (134 salaries)	₹2.5 L/yr - ₹8.9 L/yr 47% less	1 job opening
Motilal Oswal Financial Services Wealth Manager Salary 0 - 10 years exp. (55 salaries)	₹3.2 L/yr - ₹13.2 L/yr 35% less
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IIFL Finance Wealth Manager Salary 0 - 10 years exp. (11 salaries)	₹5.5 L/yr - ₹12 L/yr 32% less
JM Financial Wealth Manager Salary 0 - 8 years exp. (16 salaries)	₹4.3 L/yr - ₹12 L/yr 35% less
HDFC Securities Wealth Manager Salary 2 - 9 years exp. (5 salaries)	₹3 L/yr - ₹7 L/yr 53% less
Kotak Securities Wealth Manager Salary 4 - 5 years exp. (5 salaries)	₹5.2 L/yr - ₹8 L/yr 39% less
ICICI Securities Wealth Manager Salary 1 - 9 years exp. (165 salaries)	₹4.1 L/yr - ₹10 L/yr 42% less
Angel One Wealth Manager Salary 1 - 5 years exp. (14 salaries)	₹2.4 L/yr - ₹5 L/yr 68% less	1 job opening

Wealth Manager salary at Elara Capital ranges between ₹7 Lakhs to ₹13 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Elara Capital.

Experience wise Elara Capital Wealth Manager salaries

Last Updated: 1 Feb 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹13 L/yr - ₹13 L/yr
6 years (AmbitionBox Estimate)	₹10 L/yr - ₹13 L/yr
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7 years (AmbitionBox Estimate)	₹7 L/yr - ₹11.6 L/yr

Similar Designation salaries in Elara Capital

Deputy Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Senior Relationship Manager Salary

(6 salaries)

₹4.5 L/yr - ₹13.5 L/yr

Management Trainee Salary

(4 salaries)

₹5.4 L/yr - ₹6.9 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Associate Vice President Salary

(6 salaries)

₹20 L/yr - ₹33 L/yr

Salary related reviews for Elara Capital

3.0

Rated by 1 employees for salary & benefits

Equity Research Analyst in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 17 Jan 2023

3.0

for Salary and Benefits

Likes

Very intrapreneurial culture. Good flexibility and platform to perform.

Dislikes

Limited support by the promoters and senior management. A great franchise built over the last two decades but not able to leverage its network and relationships.

Institutional Equity Sales in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 08 May 2022

3.0

for Salary and Benefits

Likes

Accomodative work culture with good platform to create a name for oneself. Well respected as a broking house in the industry.

Dislikes

The best performers compensation turns out to be only at par with the overall industry. Overall Payscale is atleast 20-25% below industry standard.

Senior Research Associate in Mumbai

research Department

1.0

• posted on 14 Mar 2018

1.0

for Salary and Benefits

Likes

Elara Capital is completely controlled by harendra kumar, if you are having good relations with him then its fine. for learning and growth one should not go for it.

Dislikes

Job Security, Appraisal, learning, management

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Elara Capital Wealth Manager Salary FAQs

What is the salary of Wealth Manager at Elara Capital?

Wealth Manager salary at Elara Capital in India ranges between ₹7.0 Lakhs to ₹13.0 Lakhs for experience between 5 years to 7 years. According to our estimates it is 56% more than the average Wealth Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Elara Capital India.

How does the salary of a Wealth Manager at Elara Capital India compare with the average salary range for this job?

The average salary of a Wealth Manager at Elara Capital is 56% more than the average salary of a Wealth Manager in India. To know exact salary insights, login to view.

What is the salary of a Wealth Manager in companies similar to Elara Capital in India?

IIFL Finance Wealth Manager Salary - ₹5.5 Lakhs to ₹12.0 Lakhs per year
Motilal Oswal Financial Services Wealth Manager Salary - ₹3.2 Lakhs to ₹13.2 Lakhs per year
JM Financial Wealth Manager Salary - ₹4.3 Lakhs to ₹12.0 Lakhs per year
Kotak Securities Wealth Manager Salary - ₹5.2 Lakhs to ₹8.0 Lakhs per year
ICICI Securities Wealth Manager Salary - ₹4.1 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Wealth Manager at Elara Capital in India?

The estimated take-home salary of a Wealth Manager at Elara Capital ranges between ₹81,231 per month to ₹83,348 per month in India. The take-home salary calculation is based on the average Elara Capital Wealth Manager salary in India which ranges between ₹7.0 Lakhs to ₹13.0 Lakhs per year for employees with experience between 5 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Wealth Manager at Elara Capital?

According to AmbitionBox, 50% of the Elara Capital Wealth Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Elara Capital Wealth Manager Salaries

Elara Capital Wealth Manager salary in India ranges between ₹7 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Elara Capital latest salaries received from various employees of Elara Capital.