Karvy Stock Broking Senior Wealth Manager Salaries by 5 Employees

8 - 20 years exp.

₹10 Lakhs - ₹11.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% more than the average Senior Wealth Manager Salary for 8 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Wealth Manager Salary 8 - 18 years exp. (3 salaries)	₹10 L/yr - ₹11 L/yr
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Sales & Business Development Senior Wealth Manager Salary 17 - 20 years exp. (AmbitionBox Estimate)	₹10.2 L/yr - ₹12.5 L/yr

Last Updated: 14 Mar 2023

Companies similar to Karvy Stock Broking for Senior Wealth Manager

Company name	Avg Annual Salary	Open Jobs
Nuvama Wealth and Investment Senior Wealth Manager Salary 3 - 15 years exp. (41 salaries)	₹8 L/yr - ₹13 L/yr 11% less
Karvy Private Wealth Senior Wealth Manager Salary 3 - 13 years exp. (37 salaries)	₹8 L/yr - ₹18 L/yr 6% more
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Purnartha Investment Advisors Senior Wealth Manager Salary 3 - 12 years exp. (35 salaries)	₹5.3 L/yr - ₹12.3 L/yr 20% less
Aditya Birla Sun Life Insurance Senior Wealth Manager Salary 2 - 8 years exp. (27 salaries)	₹3 L/yr - ₹5.5 L/yr 54% less
Edelweiss Senior Wealth Manager Salary 0 - 15 years exp. (24 salaries)	₹4 L/yr - ₹10 L/yr 35% less

Senior Wealth Manager salary at Karvy Stock Broking ranges between ₹10 Lakhs to ₹11.4 Lakhs per year for employees with experience between 8 years to 20 years. Salary estimates are based on 5 latest salaries received from various employees of Karvy Stock Broking.

Experience wise Karvy Stock Broking Senior Wealth Manager salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
9 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
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10 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
11 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12.1 L/yr
12 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
13 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
14 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
15+ years (3 salaries)	₹11 L/yr - ₹11.4 L/yr

View all

Similar Designation salaries in Karvy Stock Broking

Wealth Manager Salary

(5 salaries)

₹3 L/yr - ₹6.5 L/yr

Senior Relationship Manager Salary

(4 salaries)

₹3 L/yr - ₹3.9 L/yr

Branch Manager Salary

(6 salaries)

₹2.1 L/yr - ₹4.38 L/yr

Area Manager Salary

(5 salaries)

₹13.45 L/yr - ₹20 L/yr

Sales Manager Salary

(3 salaries)

₹2.4 L/yr - ₹4.2 L/yr

Deputy Manager Salary

(71 salaries)

₹2.35 L/yr - ₹8.5 L/yr

Senior Associate Salary

(3 salaries)

₹1 L/yr - ₹3.6 L/yr

Relationship Manager Salary

(64 salaries)

₹1.5 L/yr - ₹6.5 L/yr

Priority Relationship Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Branch Head Salary

(3 salaries)

₹2.7 L/yr - ₹6 L/yr

Salary related reviews for Karvy Stock Broking

Relationship Manager in Bangalore / Bengaluru

BFSI, Investments & Trading Department

3.0

• posted on 10 Nov 2018

1.0

for Salary and Benefits

Likes

Friendly Environment. Comfortable to work with Team mates.

Dislikes

...ning, less training given to employees but expectations from employees are more. very less package even after taking all the challenges. According to talent and performance there is no appreciation and appraisals. Instead of motivation high authority will always puts pressure and scolds.

Salary - Bad

+5 more

Deputy Manager in Hyderabad / Secunderabad

Finance & Accounting Department

1.0

• posted on 10 Sep 2018

1.0

for Salary and Benefits

Likes

If you have passion for stock market than you can step karvy but ... Just for own knowledge only!!!!!!

Dislikes

80% of chance that you have to pay from your own pocket. Heavy pressure with long hour of stretching in very low salary. Too much is partility is there.... Dirty politics involved in every where.

Salary - Bad

+6 more

Financial Advisor in Bangalore / Bengaluru

Full Time

Sales Department

2.0

• posted on 01 Aug 2019

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...o support to people who work under.work environment is ok.no innovation nothing.salary ll be not paid on time.they delay hold giving reasons.no support.so much politics inside the office.not a good place to work overall

Salary - Poor

+5 more

Relationship Manager Wealth Management in Chandigarh

Customer Success, Service & Operations Department

1.0

• posted on 20 Apr 2021

1.0

for Salary and Benefits

Likes

Terrible experience

Dislikes

Even they don't gave salary and full and final and in covid time without any intemation they fired the people and from last 1 year they are not paying our full and final ,our PF and even TAX is also not submitted

Salary - Bad

+6 more

Customer Service Executive

Telicommunication Department

2.0

• posted on 04 Mar 2020

1.0

for Salary and Benefits

Likes

I worked as customer support executive their is no job satisfaction atall and work is more and salary is verry less while comparing to another company , it should change its culture their is no activities for us than work

Dislikes

Their is no hike and salary is verry less

Salary - Bad

+6 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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Karvy Stock Broking Senior Wealth Manager Salary FAQs

What is the salary of Senior Wealth Manager at Karvy Stock Broking ?

The average salary of a Senior Wealth Manager at Karvy Stock Broking in India typically ranges from ₹10.0 Lakhs to ₹11.4 Lakhs per year, depending on experience (from 8 years to 20 years).

The top 10% of Senior Wealth Manager at Karvy Stock Broking earn more than ₹11.4 Lakhs per year, and the top 1% earn over ₹11.4 Lakhs per year. Senior Wealth Manager Salaries at Karvy Stock 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 5 Karvy Stock Broking employees in India.

What is the estimated take home salary of a Senior Wealth Manager at Karvy Stock Broking in India?

The estimated take-home salary of a Senior Wealth Manager at Karvy Stock Broking in India typically ranges from ₹77,323 to ₹79,330 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹11.4 Lakhs per year for employees with experience ranging from 8 years to 20 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 Karvy Stock Broking. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Karvy Stock Broking for Senior Wealth Manager in India?

Karvy Private Wealth

₹8.0 Lakhs to ₹18.0 Lakhs per year

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

What is the salary of a Senior Wealth Manager in companies similar to Karvy Stock Broking in India?

The salary of a Senior Wealth Manager at companies similar to Karvy Stock Broking in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Nuvama Wealth and Investment	₹8.0 Lakhs to ₹13.0 Lakhs per year
Purnartha Investment Advisors	₹5.3 Lakhs to ₹12.3 Lakhs per year
Edelweiss	₹4.0 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Sun Life Insurance	₹3.0 Lakhs to ₹5.5 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 Senior Wealth Manager at Karvy Stock Broking in India?

The salary growth for a Senior Wealth Manager at Karvy Stock Broking depends on factors such as experience, performance, and promotions. On average, a Senior Wealth Manager can expect the following growth trajectory at Karvy Stock Broking:

Experience	Average Salary Range
8 years	₹9.2 Lakhs to ₹11.7 Lakhs per year
9 years	₹9.3 Lakhs to ₹11.9 Lakhs per year
10 years	₹9.4 Lakhs to ₹12.0 Lakhs per year
11 years	₹9.4 Lakhs to ₹12.1 Lakhs per year

and so on.

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Karvy Stock Broking Senior Wealth Manager Salaries

Karvy Stock Broking Senior Wealth Manager salary in India ranges between ₹10 Lakhs to ₹11.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Karvy Stock Broking latest salaries received from various employees of Karvy Stock Broking.