Karvy Stock Broking Wealth Manager Salaries by 5 Employees (Updated 2024)

4 - 14 years exp.

₹3 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

23% 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
Angel One Wealth Manager Salary 1 - 5 years exp. (18 salaries)	₹2.4 L/yr - ₹5 L/yr 34% less	1 job opening
Sharekhan Wealth Manager Salary 0 - 10 years exp. (5 salaries)	₹3.5 L/yr - ₹8 L/yr 3% less	1 job opening
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ICICI Securities Wealth Manager Salary 1 - 9 years exp. (165 salaries)	₹4.1 L/yr - ₹10 L/yr 20% more
HDFC Securities Wealth Manager Salary 2 - 9 years exp. (5 salaries)	₹3 L/yr - ₹7 L/yr 3% less
Kotak Securities Wealth Manager Salary 4 - 5 years exp. (5 salaries)	₹5.2 L/yr - ₹8 L/yr 27% more
Motilal Oswal Financial Services Wealth Manager Salary 0 - 10 years exp. (57 salaries)	₹3.2 L/yr - ₹13.1 L/yr 33% more
Edelweiss Wealth Manager Salary 0 - 8 years exp. (149 salaries)	₹2.5 L/yr - ₹9 L/yr 10% 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 - ₹5.2 L/yr
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6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.4 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.8 L/yr
9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.2 L/yr
11 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.4 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)

₹1.8 L/yr - ₹5.07 L/yr

Deputy Manager Salary

(88 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

(81 salaries)

₹1.5 L/yr - ₹5.5 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.

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.

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

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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Karvy Stock Broking Wealth Manager Salary FAQs

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

Wealth Manager salary at Karvy Stock Broking in India ranges between ₹3.0 Lakhs to ₹6.5 Lakhs for experience between 4 years to 14 years. According to our estimates it is 23% less than the average Wealth Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Karvy Stock Broking India.

How does the salary of a Wealth Manager at Karvy Stock Broking India compare with the average salary range for this job?

The average salary of a Wealth Manager at Karvy Stock Broking is 23% less than the average salary of a Wealth Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Karvy Stock Broking to a Wealth Manager in India?

Motilal Oswal Financial Services Wealth Manager Salary - ₹3.2 Lakhs to ₹13.1 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
Edelweiss Wealth Manager Salary - ₹2.5 Lakhs to ₹9.0 Lakhs per year

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

Sharekhan Wealth Manager Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year
HDFC Securities Wealth Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Angel One Wealth Manager Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year

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 ranges between ₹41,529 per month to ₹42,672 per month in India. The take-home salary calculation is based on the average Karvy Stock Broking Wealth Manager salary in India which ranges between ₹3.0 Lakhs to ₹6.5 Lakhs per year for employees with experience between 4 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Wealth Manager at Karvy Stock Broking?

According to AmbitionBox, 100% of the Karvy Stock Broking Wealth Managers reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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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.