Karvy Stock Broking Wealth Manager Salaries by 5 Employees

4 - 14 years exp.

₹3 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

26% less than the average Wealth Manager Salary for 4 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Wealth Manager Salary 12 - 14 years exp. (3 salaries)	₹6 L/yr - ₹6.3 L/yr
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Sales & Business Development Wealth Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹6.5 L/yr

Last Updated: 19 May 2023

Companies similar to Karvy Stock Broking for Wealth Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Wealth Manager Salary 0 - 13 years exp. (974 salaries)	₹3.5 L/yr - ₹12.4 L/yr 48% more
Purnartha Investment Advisors Wealth Manager Salary 0 - 9 years exp. (203 salaries)	₹4.5 L/yr - ₹9.5 L/yr 21% more	4 job openings
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ICICI Securities Wealth Manager Salary 0 - 9 years exp. (174 salaries)	₹4 L/yr - ₹10 L/yr 15% more
Edelweiss Wealth Manager Salary 0 - 8 years exp. (133 salaries)	₹2.5 L/yr - ₹8.9 L/yr 1% more	3 job openings
Bajaj Capital Wealth Manager Salary 0 - 13 years exp. (105 salaries)	₹3 L/yr - ₹9 L/yr 15% more	1 job opening

Wealth Manager salary at Karvy Stock Broking ranges between ₹3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Karvy Stock Broking.

Experience wise Karvy Stock Broking Wealth Manager salaries

Last Updated: 19 May 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
12 years (AmbitionBox Estimate)	₹6 L/yr - ₹10.9 L/yr
13 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.3 L/yr
14 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹11.5 L/yr

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Similar Designation salaries in Karvy Stock Broking

Branch Manager Salary

(6 salaries)

₹2.1 L/yr - ₹4.38 L/yr

Deputy Manager Salary

(75 salaries)

₹2.35 L/yr - ₹8.5 L/yr

Sales Manager Salary

(3 salaries)

₹2.4 L/yr - ₹4.2 L/yr

Area Manager Salary

(5 salaries)

₹13.45 L/yr - ₹20 L/yr

Senior Wealth Manager Salary

(5 salaries)

₹10 L/yr - ₹11.35 L/yr

Relationship Manager Salary

(64 salaries)

₹1.5 L/yr - ₹6.5 L/yr

Branch Head Salary

(3 salaries)

₹2.7 L/yr - ₹6 L/yr

Manager M1 Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Deputy Manager Grade 2 Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Associate Salary

(3 salaries)

₹1 L/yr - ₹3.6 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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Karvy Stock Broking Wealth Manager Salary FAQs

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

The average salary of a Wealth Manager at Karvy Stock Broking in India typically ranges from ₹3.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 4 years to 14 years).

The top 10% of Wealth Manager at Karvy Stock Broking earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. 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 Wealth Manager at Karvy Stock Broking in India?

The estimated take-home salary of a Wealth Manager at Karvy Stock Broking in India typically ranges from ₹41,529 to ₹42,672 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 4 years to 14 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 Wealth Manager in India?

ICICI Bank	₹3.5 Lakhs to ₹12.4 Lakhs per year
Purnartha Investment Advisors	₹4.5 Lakhs to ₹9.5 Lakhs per year
ICICI Securities	₹4.0 Lakhs to ₹10.0 Lakhs per year
Bajaj Capital	₹3.0 Lakhs to ₹9.0 Lakhs per year
Edelweiss	₹2.5 Lakhs to ₹8.9 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.

How the salary growth look like for a Wealth Manager at Karvy Stock Broking in India?

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

Experience	Average Salary Range
4 years	₹3.0 Lakhs to ₹6.5 Lakhs per year
5 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
6 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
7 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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Karvy Stock Broking Wealth Manager Salaries

Karvy Stock Broking Wealth Manager salary in India ranges between ₹3 Lakhs to ₹6.5 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.