Motilal Oswal Investment Advisors Mumbai Financial Advisor Salaries by 8 Employees

0 - 2 years exp.

₹2 Lakhs - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

44% less than the average Financial Advisor Salary for 0 - 2 years of experience

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Salaries in different departments

Finance & Accounting Financial Advisor Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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BFSI, Investments & Trading Financial Advisor Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr

Last Updated: 4 Apr 2023

Companies similar to Motilal Oswal Investment Advisors for Financial Advisor in Mumbai

Motilal Oswal Investment Advisors Financial Advisor Salary

0 - 2 years exp. (8 salaries)

₹2 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Financial Advisor Salary 0 - 4 years exp. (244 salaries)	₹1.6 L/yr - ₹5 L/yr 36% more
Money Honey Financial Services Financial Advisor Salary 0 - 3 years exp. (79 salaries)	₹1.1 L/yr - ₹4.5 L/yr 13% more	1 job opening
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PolicyBazaar Financial Advisor Salary 0 - 6 years exp. (28 salaries)	₹2.3 L/yr - ₹4.8 L/yr 39% more
Motilal Oswal Financial Advisor Salary 0 - 4 years exp. (19 salaries)	₹1 L/yr - ₹4 L/yr 4% more
Willis Towers Watson Financial Advisor Salary 0 - 5 years exp. (17 salaries)	₹2.8 L/yr - ₹6.5 L/yr 48% more

Financial Advisor salary at Motilal Oswal Investment Advisors ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 8 latest salaries received from various employees of Motilal Oswal Investment Advisors.

Experience wise Motilal Oswal Investment Advisors Financial Advisor salaries in Mumbai

Last Updated: 4 Apr 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
1 year (4 salaries)	₹2 L/yr - ₹4.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr

Similar Designation salaries in Motilal Oswal Investment Advisors

Sales Executive Salary

(3 salaries)

₹2 L/yr - ₹4.5 L/yr

Salary related reviews for Motilal Oswal Investment Advisors

Assistant Manager in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 06 Jul 2023

1.0

for Salary and Benefits

Likes

Nothing to like they will cheat you. Only managers & compqny will get benefits.

Dislikes

They will cheat you & they have a policy of salary cut if you won't complete your trgets. While relieving you have to pay all your incentives earned in the quarter. Really they cheat people & employee also.

Salary - Bad

+6 more

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Motilal Oswal Investment Advisors Financial Advisor Salary FAQs

What is the salary of Financial Advisor at Motilal Oswal Investment Advisors in Mumbai?

The average salary of a Financial Advisor at Motilal Oswal Investment Advisors in Mumbai typically ranges from ₹2.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Financial Advisor in Mumbai at Motilal Oswal Investment Advisors earn more than ₹2.9 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Financial Advisor Salaries at Motilal Oswal Investment Advisors 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 8 Motilal Oswal Investment Advisors employees in India.

What is the estimated take home salary of a Financial Advisor at Motilal Oswal Investment Advisors in Mumbai?

The estimated take-home salary of a Financial Advisor at Motilal Oswal Investment Advisors in Mumbai typically ranges from ₹17,613 to ₹19,312 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 8 salaries received from various employees of Motilal Oswal Investment Advisors. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Motilal Oswal Investment Advisors for Financial Advisor in India?

Willis Towers Watson	₹2.8 Lakhs to ₹6.5 Lakhs per year
PolicyBazaar	₹2.3 Lakhs to ₹4.8 Lakhs per year
Motilal Oswal Financial Services	₹1.6 Lakhs to ₹5.0 Lakhs per year
Money Honey Financial Services	₹1.1 Lakhs to ₹4.5 Lakhs per year
Motilal Oswal	₹1.0 Lakhs to ₹4.0 Lakhs per year

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

How the salary growth look like for a Financial Advisor at Motilal Oswal Investment Advisors in Mumbai?

The salary growth for a Financial Advisor at Motilal Oswal Investment Advisors in Mumbai depends on factors such as experience, performance, and promotions. On average, a Financial Advisor in Mumbai can expect the following growth trajectory at Motilal Oswal Investment Advisors:

Experience	Average Salary Range
Fresher	₹2.2 Lakhs to ₹2.8 Lakhs per year
1 year	₹2.0 Lakhs to ₹4.5 Lakhs per year
2 years	₹2.3 Lakhs to ₹3.0 Lakhs per year

and so on.

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Motilal Oswal Investment Advisors Financial Advisor Salaries in Mumbai

Motilal Oswal Investment Advisors Financial Advisor salary in Mumbai ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Motilal Oswal Investment Advisors latest salaries received from various employees of Motilal Oswal Investment Advisors.