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Motilal Oswal Financial Services Wealth Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 8 years exp.
₹3 Lakhs - ₹11.7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Wealth Manager Salary in Financial Services Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Wealth Manager Salary
0 - 6 years exp. (11 salaries)
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₹3.3 L/yr - ₹11.7 L/yr

Finance & Accounting
Wealth Manager Salary
0 - 8 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹8 L/yr

Sales & Business Development
Wealth Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹10.4 L/yr

Last Updated: 22 Feb 2025

Companies similar to Motilal Oswal Financial Services for Wealth Manager in Mumbai

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Motilal Oswal Financial Services Wealth Manager Salary

0 - 8 years exp. (17 salaries)

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₹3 L/yr - ₹11.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Securities Wealth Manager Salary

0 - 9 years exp. (29 salaries)

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₹4.2 L/yr - ₹9 L/yr

arrow icon 17% less
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Bajaj Capital Wealth Manager Salary

0 - 10 years exp. (10 salaries)

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₹4 L/yr - ₹7.7 L/yr

arrow icon 17% less
2 job openings
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Citicorp Wealth Manager Salary

2 - 9 years exp. (6 salaries)

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₹10 L/yr - ₹14 L/yr

arrow icon 60% more
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ICICI Bank Wealth Manager Salary

0 - 13 years exp. (182 salaries)

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₹4 L/yr - ₹12.4 L/yr

arrow icon 8% more
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Edelweiss Wealth Manager Salary

0 - 8 years exp. (33 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 22% less
2 job openings
Wealth Manager salary at Motilal Oswal Financial Services ranges between ₹3 Lakhs to ₹11.7 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 17 latest salaries received from various employees of Motilal Oswal Financial Services.

Latest annual salaries shared by Motilal Oswal Financial Services Wealth Manager in Mumbai

1mo ago
₹11.7 Lakhs
5 years exp.
1mo ago
₹10.4 Lakhs
8 years exp.
1mo ago
₹4.1 Lakhs
3 years exp.
2mo ago
₹3.8 Lakhs
1 year exp.
2mo ago
₹3 Lakhs
6 months exp.
2mo ago
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6 years exp.
3mo ago
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5 months exp.
4mo ago
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5 months exp.
5mo ago
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1 year exp.
6mo ago
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2 years exp.

Experience wise Motilal Oswal Financial Services Wealth Manager salaries in Mumbai

Last Updated: 22 Feb 2025

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹3 L/yr - ₹9.8 L/yr
1 year  (3 salaries)

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₹3.3 L/yr - ₹6.8 L/yr
2 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.2 L/yr
3 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.7 L/yr
4 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹8.2 L/yr
View all

Similar Designation salaries in Motilal Oswal Financial Services

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₹1.6 L/yr - ₹5.9 L/yr
Area Manager Salary
(18 salaries)
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₹3.3 L/yr - ₹10 L/yr
Sales Manager Salary
(17 salaries)
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₹3.95 L/yr - ₹8 L/yr
Branch Manager Salary
(9 salaries)
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₹4.8 L/yr - ₹11 L/yr
Deputy Manager Salary
(6 salaries)
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₹3.5 L/yr - ₹8 L/yr
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₹4.62 L/yr - ₹7 L/yr

Top skills at Motilal Oswal Financial Services for Wealth Manager

Wealth Management Relationship Management Mutual Funds PMS HNI Client Handling Third Party Products TPP MF Portfolio Management HNI Acquisition portfolio Third Party investment broking structured products

Salary related reviews for Motilal Oswal Financial Services

3.9

Rated by 2 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 13 Nov 2024

1.0
 for  Salary and Benefits

Likes

Nothing is good here in this organisation If you want your life to be a hell then only join this organisation you will regret every second of your life this is a fraud company for employees. Country sales head Rishi Cobra is such a bu gger. This fraud company just want to get sales done from employees even at the cost of their lives

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Dislikes

... any notice and you would have to worry about feeding your family from next day. - There is a strict attendance policy and if you reach late hy even a sec you would not get salary for that day - There is a strict rule of doing 2 client visits everyday without any leads being provided and you would be left on your own on the road to do sales and if you miss to to do two client visits any given day your salary will be deducted. Afte the client visits call will be made to the client to check if the manager had visited them and even they will check which color they were wearing. Such kind of cheap tactics is done by them to micromanage their employees. - my two cents for anyone looking to change their jobs don’t even consider joining this company and leaving your stable job. - I used to watch Mr agrawal and used to watch him on news channels and used to think that the company would be ethical but I was wrong and this company would go to any extent to do illegal things.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 20 Jun 2024

3.0
 for  Salary and Benefits

Likes

Off course about good culture and lot of learnings and trainings.

  • Skill development - Excellent
  • +4 more

Dislikes

No ESOP to ground level Managers like M2- V6. Company should provide ESOP in terms of Bonus whatever qty is..It will motivate employees.

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 08 May 2024

3.0
 for  Salary and Benefits

Likes

Annual Bonus and daily Good Morning mails from Motilal Ji

Dislikes

Toxic Culture Do not trust employees or subordinates Domination of Heritage Team New joinee tenure is 2years or less HR is for name sake and no role or HR, all business heads managing the show Policies are restricted to only books Too much of micromanagement Useless, Nonsense are commonly used words Spying on employees, takes feedback from people around and come to conclusion Domination of business heads. No value for employees. Do not value employees. Degrade employees and offer Gardening Leave if you resign. Career will be almost spolied. Earn good amount of money but you will lose what you cannot buy or earn. All your incentives will be squeezed if you leave in the middle of financial year, else you won't get reliving letter. We work like dog during our tenure. We will be treated as street dogs during the notice period. We will dead dogs after your last working day. Sorry Motilal Lal Ji. Some are trying to fade away your dreams.

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  • Job security - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 12 Apr 2024

2.0
 for  Salary and Benefits

Likes

Nothing to like about MOFSL No work life balance at all. Toxic work environment.

Dislikes

...e sales target, no training job products. Hr & manager is not supportive at all. Even salary is deduced without prior notice to employees. if target not achieved. Fnf settlement even not paid if they have terminated u in notice period. Pls don't join here.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 21 Dec 2023

4.0
 for  Salary and Benefits

Likes

...Access to Top management including Motilal Oswal and Mr Raamdeo Agrawal as well. Inclusive Environment and one of the best compensation structure and which motivates you to excel.

read more
  • Salary - Good
  • +6 more

Dislikes

Nothing as such to be disliked in last 5 and half years

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What people are saying about Motilal Oswal Financial Services

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Motilal Oswal Financial Services
Fair pay
Can anyone know what is the fair package for a CA with a 7 years of exp in tax. Thanks
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Motilal Oswal Financial Services Wealth Manager Salary FAQs

What is the salary of Wealth Manager at Motilal Oswal Financial Services in Mumbai?
The average salary of a Wealth Manager at Motilal Oswal Financial Services in Mumbai typically ranges from ₹3.0 Lakhs to ₹11.7 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Wealth Manager in Mumbai at Motilal Oswal Financial Services earn more than ₹10.2 Lakhs per year, and the top 1% earn over ₹11.7 Lakhs per year. Wealth Manager Salaries at Motilal Oswal Financial Services 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 10+ Motilal Oswal Financial Services employees in India.
What is the estimated take home salary of a Wealth Manager at Motilal Oswal Financial Services in Mumbai?
The estimated take-home salary of a Wealth Manager at Motilal Oswal Financial Services in Mumbai typically ranges from ₹56,148 to ₹57,556 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹11.7 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 10+ salaries received from various employees of Motilal Oswal Financial Services. 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 Motilal Oswal Financial Services in Mumbai?
To be a Wealth Manager at Motilal Oswal Financial Services in Mumbai, the key skills required include:

  • - Wealth Management
  • - Relationship Management
  • - Mutual Funds
  • - PMS
  • - HNI Client Handling

These skills are highly valued at Motilal Oswal Financial Services and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Motilal Oswal Financial Services for Wealth Manager in India?
Citicorp ₹10.0 Lakhs to ₹14.0 Lakhs per year
ICICI Bank ₹4.0 Lakhs to ₹12.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Motilal Oswal Financial Services, depending on the role and experience level.
What is the salary of a Wealth Manager in companies similar to Motilal Oswal Financial Services in Mumbai?
The salary of a Wealth Manager at companies similar to Motilal Oswal Financial Services in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Capital ₹4.0 Lakhs to ₹7.7 Lakhs per year
ICICI Securities ₹4.2 Lakhs to ₹9.0 Lakhs per year
Edelweiss ₹3.0 Lakhs to ₹9.0 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 Motilal Oswal Financial Services in Mumbai?
The salary growth for a Wealth Manager at Motilal Oswal Financial Services in Mumbai depends on factors such as experience, performance, and promotions. On average, a Wealth Manager in Mumbai can expect the following growth trajectory at Motilal Oswal Financial Services:

Experience Average Salary Range
Fresher ₹3.0 Lakhs to ₹9.8 Lakhs per year
1 year ₹3.3 Lakhs to ₹6.8 Lakhs per year
2 years ₹5.7 Lakhs to ₹7.2 Lakhs per year
3 years ₹6.0 Lakhs to ₹7.7 Lakhs per year
and so on.

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Motilal Oswal Financial Services Wealth Manager salary in Mumbai ranges between ₹3 Lakhs to ₹11.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 Motilal Oswal Financial Services latest salaries received from various employees of Motilal Oswal Financial Services.