Kotak Securities Wealth Manager Salaries by 5 Employees

4 - 5 years exp.

₹5.2 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

5% less than the average Wealth Manager Salary in Financial Services Companies for 4 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Wealth Manager Salary 4 - 5 years exp. (4 salaries)	₹5.2 L/yr - ₹8 L/yr
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Sales & Business Development Wealth Manager Salary 4 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 23 Apr 2023

Companies similar to Kotak Securities for Wealth Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Wealth Manager Salary 0 - 9 years exp. (175 salaries)	₹4 L/yr - ₹10 L/yr 10% less
HDFC Securities Wealth Manager Salary 2 - 6 years exp. (5 salaries)	₹4 L/yr - ₹6.5 L/yr 12% less
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Sharekhan Wealth Manager Salary 0 - 7 years exp. (4 salaries)	₹3.5 L/yr - ₹8 L/yr 23% less	1 job opening
Angel One Wealth Manager Salary 1 - 5 years exp. (14 salaries)	₹2.4 L/yr - ₹5 L/yr 48% less	1 job opening
Motilal Oswal Financial Services Wealth Manager Salary 0 - 9 years exp. (66 salaries)	₹3 L/yr - ₹12.5 L/yr 11% more
Edelweiss Wealth Manager Salary 0 - 8 years exp. (133 salaries)	₹2.5 L/yr - ₹8.9 L/yr 21% less	3 job openings
Reliance Securities Wealth Manager Salary 1 - 11 years exp. (6 salaries)	₹4 L/yr - ₹7 L/yr 16% less
IIFL Securities Wealth Manager Salary 6 - 18 years exp. (4 salaries)	₹6.3 L/yr - ₹12 L/yr 21% more
Reliance Capital Wealth Manager Salary 4 - 10 years exp. (6 salaries)	₹4.5 L/yr - ₹7.3 L/yr 14% less

Wealth Manager salary at Kotak Securities ranges between ₹5.2 Lakhs to ₹8 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Wealth Manager salaries

Last Updated: 23 Apr 2023

Experience	Avg Annual Salary
4 years (3 salaries)	₹6 L/yr - ₹8 L/yr
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5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹8 L/yr

Similar Designation salaries in Kotak Securities

Branch Manager Salary

(151 salaries)

₹4.1 L/yr - ₹12 L/yr

Deputy Manager Salary

(1.6k salaries)

₹1.95 L/yr - ₹7.45 L/yr

Sales Manager Salary

(15 salaries)

₹2.2 L/yr - ₹6.01 L/yr

Area Manager Salary

(9 salaries)

₹9 L/yr - ₹18.5 L/yr

Chief Manager Salary

(4 salaries)

₹6.5 L/yr - ₹15.01 L/yr

Senior Wealth Manager Salary

(3 salaries)

₹14 L/yr - ₹16.5 L/yr

Private Banker Salary

(AmbitionBox Estimate)

₹20.7 L/yr - ₹26.5 L/yr

Relationship Manager Salary

(188 salaries)

₹1.5 L/yr - ₹6.3 L/yr

Branch Head Salary

(5 salaries)

₹7 L/yr - ₹8.1 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹5.3 L/yr - ₹6.8 L/yr

Top skills at Kotak Securities for Wealth Manager

private banking Investment Advisory Portfolio Management hni PMS Relationship Management priority banking Management portfolio wealth Banking Wealth Management HNI Acquisition HNI Sales Sales

Salary related reviews for Kotak Securities

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 14 Jun 2024

1.0

for Salary and Benefits

Likes

Salary on time and Saturday off

Dislikes

Vary bad work culture no any support from senior Specially cannot work with this Stupid Rohit Mahipal very worst fellow and because of him many employee resigned from KS even BM,Cluster Head, state Head etc. Really where he worked he made all office empty so don't work with him and later joined Chinmoy Sharma he is very oiling person to senior even bad bad performance from previous company but he joined here coz of reference stupid Rohit Mahipal.

Salary - Bad

+6 more

Deputy Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Apr 2024

4.0

for Salary and Benefits

Likes

Salary is on time A fixed Fuel reimbursement is passed without hassle Good learning experience

Salary - Good

+2 more

Dislikes

There is very high pressure and toxic work environment Unrealistic expectations are set by the managers on a daily basis Managers don’t approve leaves easily There is no real training program and very little support from operations end

Company culture - Bad

+1 more

Deputy Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

During COVID pandemic company don't stop salary.

Dislikes

...y disappointed. HR BEHAVIOUR IS VERY BAD. HR is manipulated by Management. Not even salary hike 😕

Salary - Bad

+6 more

Deputy Manager Grade 2 in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 02 Jun 2023

4.0

for Salary and Benefits

Likes

TA Claim Is good, Not Required to Claim , Traning Is Good , Salary On Time

Salary - Good

+2 more

Dislikes

Usage Pressure, Reporting Authority Is not Good HR not Supporting This Is Only Focused LI ,GI Not In Demat F&O Charges Is Very High Even Saturday is officialy off But Your Manager force to work

Company culture - Poor

Deputy Manager in Mumbai

Intern

Risk Management & Compliance Department

3.0

• posted on 08 Dec 2024

2.0

for Salary and Benefits

Likes

job timings are good

Dislikes

as per the name not getting gud salary hike, you are not able to get leave when you required and not even getting leave encashment it is got lapse if you are not utilising for that year. for silly reason they are not promoted you and not even gettting hike and bonus for one year so much disappointment for this.

Salary - Poor

+5 more

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Kotak Securities Wealth Manager Salary FAQs

What is the salary of Wealth Manager at Kotak Securities ?

The average salary of a Wealth Manager at Kotak Securities in India typically ranges from ₹5.2 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 4 years to 5 years).

The top 10% of Wealth Manager at Kotak Securities earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Wealth Manager Salaries at Kotak Securities 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 Kotak Securities employees in India.

What is the estimated take home salary of a Wealth Manager at Kotak Securities in India?

The estimated take-home salary of a Wealth Manager at Kotak Securities in India typically ranges from ₹52,403 to ₹53,705 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 4 years to 5 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 Kotak Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Wealth Manager at Kotak Securities ?

To be a Wealth Manager at Kotak Securities in india, the key skills required include:

- private banking
- Investment Advisory
- Portfolio Management
- hni
- PMS

These skills are highly valued at Kotak Securities and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Securities for Wealth Manager in India?

IIFL Securities	₹6.3 Lakhs to ₹12.0 Lakhs per year
Motilal Oswal Financial Services	₹3.0 Lakhs to ₹12.5 Lakhs per year

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

What is the salary of a Wealth Manager in companies similar to Kotak Securities in India?

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

ICICI Securities	₹4.0 Lakhs to ₹10.0 Lakhs per year
HDFC Securities	₹4.0 Lakhs to ₹6.5 Lakhs per year
Reliance Capital	₹4.5 Lakhs to ₹7.3 Lakhs per year
Reliance Securities	₹4.0 Lakhs to ₹7.0 Lakhs per year
Edelweiss	₹2.5 Lakhs to ₹8.9 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 Wealth Manager at Kotak Securities in India?

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

Experience	Average Salary Range
4 years	₹6.0 Lakhs to ₹8.0 Lakhs per year
5 years	₹5.2 Lakhs to ₹8.0 Lakhs per year

and so on.

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Kotak Securities Wealth Manager Salaries

Kotak Securities Wealth Manager salary in India ranges between ₹5.2 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Securities latest salaries received from various employees of Kotak Securities.