JM Financial Financial Advisor Salaries by 4 Employees

0 - 8 years exp.

₹2.8 Lakhs - ₹6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

15% less than the average Financial Advisor Salary in Financial Services Companies for 0 - 8 years of experience

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Last Updated: 30 Mar 2024

Companies similar to JM Financial for Financial Advisor

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Financial Advisor Salary 0 - 5 years exp. (400 salaries)	₹1 L/yr - ₹5 L/yr 13% less
Bajaj Capital Financial Advisor Salary 0 - 4 years exp. (37 salaries)	₹1.4 L/yr - ₹4.7 L/yr 34% less
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Motilal Oswal Financial Advisor Salary 0 - 3 years exp. (23 salaries)	₹1 L/yr - ₹6 L/yr 35% less
Edelweiss Financial Advisor Salary 0 - 13 years exp. (19 salaries)	₹2.4 L/yr - ₹8 L/yr 9% more
Geojit Financial Services Financial Advisor Salary 0 - 8 years exp. (19 salaries)	₹2.1 L/yr - ₹3.2 L/yr 28% less
ICICI Securities Financial Advisor Salary 0 - 8 years exp. (16 salaries)	₹3 L/yr - ₹8.5 L/yr 22% more
Aditya Birla Capital Financial Advisor Salary 0 - 3 years exp. (15 salaries)	₹1 L/yr - ₹5 L/yr 33% less
Religare Financial Advisor Salary 0 - 5 years exp. (13 salaries)	₹2.5 L/yr - ₹4.3 L/yr 24% less
JPMorgan Chase & Co. Financial Advisor Salary 3 - 9 years exp. (12 salaries)	₹3.3 L/yr - ₹9 L/yr 29% more
Sharekhan Financial Advisor Salary 1 - 14 years exp. (5 salaries)	₹3.7 L/yr - ₹5.1 L/yr 7% less
Reliance Capital Financial Advisor Salary 0 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹3.6 L/yr 21% less
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Bajaj Finserv Financial Advisor Salary 0 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹3.5 L/yr 29% less

Financial Advisor salary at JM Financial ranges between ₹2.8 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 4 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Financial Advisor salaries

Last Updated: 30 Mar 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

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Salary related reviews for JM Financial

Management Trainee in Mumbai

Finance Department

5.0

• posted on 02 Apr 2018

4.0

for Salary and Benefits

Likes

Culture and their respect towards employees. The organization always treats employees as its family members. There are immense growth opportunities within the organization.

Salary - Good

+6 more

Dislikes

Fixed part of the salary is low.

Senior Software Developer in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 05 Sep 2024

1.0

for Salary and Benefits

Likes

salary on time

Dislikes

working here for few months now too much office politics, the deployment is never planned and entire process here is made unnecessarily complicated , too much favouritism like their fav ppl leaves are approved , no need of coming to office ontime or leaving early, dont fall for any review that says anything positive its not true and its not employee friendly, healthy working culture here, no body helps u with basic new joining stuff u need ,just wont recommend anyone fresher or exp to come, u need to be too good to handle all the politics thats all. manager and senior managers treats you like absolute slave. u grow here only if you are extremely good with politics , buttering the upper management no actual skills/intelligence needed. also no proper hierarchy is maintained here within team and organisation.

Salary - Bad

+5 more

Senior Executive in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 12 Aug 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...letely biased towards seniors. He only listens and accepts whatever seniors say. I will not recommend anyone to work here even if you are getting very good package just for the sake of your mental health

Salary - Bad

+5 more

Investment Banking Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Oct 2024

4.0

for Salary and Benefits

Likes

1. Higher compensation as compared to the Industry

Salary - Good

+1 more

Dislikes

1. Unnecessary work on weekends just because it is Investment Banking 2. Mandates come from top leadership....no real coverage banking 3. Highly rude, egoistic, insecure and envious people at top leadership 4. Exploitative behaviour, office politics, gossips, talking behind backs, etc. Won't recommend this even to my worst enemy

Skill development - Poor

+3 more

Associate in Mumbai

Full Time

Teaching & Training Department

1.0

• posted on 10 Nov 2023

2.0

for Salary and Benefits

Likes

There is one sun brand of JM financial name as Blinkx. Celebration of each festival was good.

Dislikes

...ou come to know that your expertise and your alloted profile is very different. Pathetic bonus return policy.

Salary - Poor

+6 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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JM Financial Financial Advisor Salary FAQs

What is the salary of Financial Advisor at JM Financial ?

The average salary of a Financial Advisor at JM Financial in India typically ranges from ₹2.8 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Financial Advisor at JM Financial earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Financial Advisor Salaries at JM Financial 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 4 JM Financial employees in India.

What is the estimated take home salary of a Financial Advisor at JM Financial in India?

The estimated take-home salary of a Financial Advisor at JM Financial in India typically ranges from ₹30,133 to ₹31,446 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹6.0 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 4 salaries received from various employees of JM Financial. Check how we calculate in-hand salary with our in-hand salary calculator.

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

JPMorgan Chase & Co.	₹3.3 Lakhs to ₹9.0 Lakhs per year
ICICI Securities	₹3.0 Lakhs to ₹8.5 Lakhs per year
Edelweiss	₹2.4 Lakhs to ₹8.0 Lakhs per year

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

What is the salary of a Financial Advisor in companies similar to JM Financial in India?

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

Sharekhan	₹3.7 Lakhs to ₹5.1 Lakhs per year
Motilal Oswal Financial Services	₹1.0 Lakhs to ₹5.0 Lakhs per year
Reliance Capital	₹2.5 Lakhs to ₹3.6 Lakhs per year
Religare	₹2.5 Lakhs to ₹4.3 Lakhs per year
Geojit Financial Services	₹2.1 Lakhs to ₹3.2 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 JM Financial in India?

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

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹3.2 Lakhs per year
1 year	₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
8 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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JM Financial Financial Advisor Salaries

JM Financial Financial Advisor salary in India ranges between ₹2.8 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 JM Financial latest salaries received from various employees of JM Financial.