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Nuvama Wealth and Investment Senior Wealth Manager salaries in Mumbai (Updated 2025)

Annual salary range
3 - 13 years exp.
₹8.3 Lakhs - ₹13 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Senior Wealth Manager Salary for 3 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Wealth Manager Salary
3 - 11 years exp. (10 salaries)
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₹8.3 L/yr - ₹13 L/yr

Sales & Business Development
Senior Wealth Manager Salary
9 - 13 years exp. (AmbitionBox Estimate)
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₹10.1 L/yr - ₹12 L/yr

Last Updated: 7 Apr 2025

Companies similar to Nuvama Wealth and Investment for Senior Wealth Manager in Mumbai

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Nuvama Wealth and Investment Senior Wealth Manager Salary

3 - 13 years exp. (13 salaries)

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₹8.3 L/yr - ₹13 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Edelweiss Senior Wealth Manager Salary

1 - 15 years exp. (11 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 33% less
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₹3 L/yr - ₹5 L/yr

arrow icon 52% less
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₹10 L/yr - ₹18 L/yr

arrow icon 14% more
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₹7.9 L/yr - ₹12 L/yr

arrow icon 4% more
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₹6 L/yr - ₹12.3 L/yr

arrow icon 11% less
Senior Wealth Manager salary at Nuvama Wealth and Investment ranges between ₹8.3 Lakhs to ₹13 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 13 latest salaries received from various employees of Nuvama Wealth and Investment.

Latest annual salaries shared by Nuvama Wealth and Investment Senior Wealth Manager in Mumbai

5d ago
₹11.6 Lakhs
9 years exp.
1w ago
₹9 Lakhs
7 years exp.
1w ago
₹8.5 Lakhs
9 years exp.
3w ago
₹9 Lakhs
4 years exp.
3w ago
₹8.3 Lakhs
6 years exp.
1mo ago
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4 years exp.
1mo ago
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13 years exp.
6mo ago
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11 years exp.
6mo ago
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6 years exp.
6mo ago
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9 years exp.

Experience wise Nuvama Wealth and Investment Senior Wealth Manager salaries in Mumbai

Last Updated: 7 Apr 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹10.9 L/yr
4 years  (3 salaries)

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₹8.4 L/yr - ₹10.3 L/yr
5 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.1 L/yr
6 years (AmbitionBox Estimate)

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₹8.8 L/yr - ₹11.3 L/yr
7 years (AmbitionBox Estimate)

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₹8.9 L/yr - ₹11.4 L/yr
View all

Similar Designation salaries in Nuvama Wealth and Investment

Wealth Manager Salary
(33 salaries)
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₹3 L/yr - ₹9.83 L/yr
Chief Manager Salary
(11 salaries)
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₹13 L/yr - ₹20 L/yr
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₹4 L/yr - ₹9.5 L/yr
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₹4 L/yr - ₹5.1 L/yr
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₹4.7 L/yr - ₹20 L/yr
Branch Manager Salary
(3 salaries)
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₹8 L/yr - ₹13.96 L/yr
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₹4.96 L/yr - ₹5.1 L/yr

Salary related reviews for Nuvama Wealth and Investment

1.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 30 Aug 2024

4.0
 for  Salary and Benefits

Likes

I feel the likable part of this company is that it tries hard to maintain with the competitive salary structure with it's fellow companies. Although the USP of this company is the L&D trainings/runway sessions.

read more
  • Salary - Good
  • +1 more

Dislikes

There's a constant environment of judgments over the numbers made for the company. More and more is expected by the executives and the perception of the few managers are intolerant sometimes.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 17 May 2024

2.0
 for  Salary and Benefits

Likes

Nothing it is a complete sales job the target is 4x to 8x of your annual package branch manager and regional manager have also sales so don't recommend for freshers

read more

Dislikes

Everything no supportive staff work culture is terrible you don't recommended

  • Salary - Poor
  • +6 more

Full Time

 · 

Human Resources Department

2.0
  •  posted on 16 Feb 2024

1.0
 for  Salary and Benefits

Likes

The company is a bad place They don't respect their employees and few managers feel like they rule the place. If HR team feels like this, can't imagine other employees life. Don't fall for anything they tell you before joining

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Dislikes

No work life balance, no policies to support employees, no respect to employees who work here, environment is insecure. They don't even care. They lied about work during interview, scope of work is entire different.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 05 Sep 2024

4.0
 for  Salary and Benefits

Likes

Incentive are good and they have half Yearly Appraisal wala concept

  • Salary - Good
  • +1 more

Dislikes

They don’t have customer base and whatever customer having only in BM will take care so that he can justify his salary 3X to 6 X.. I will never recommend any professionals who all banking sectors to Join nuvama..if someone joining then it’s like to playing with fire. There demand is only life insurance

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  • Job security - Bad
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 22 Mar 2025

5.0
 for  Salary and Benefits

Likes

Company is very good. Your job is secure management is also good and very cooperative.

  • Salary - Excellent
  • +3 more

Dislikes

In some locations BMs' behaviour are not good because of those employee will not able to continue with your job. They create toxic atmosphere at branch.

read more
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Nuvama Wealth and Investment Senior Wealth Manager Salary FAQs

What is the salary of Senior Wealth Manager at Nuvama Wealth and Investment in Mumbai?
The average salary of a Senior Wealth Manager at Nuvama Wealth and Investment in Mumbai typically ranges from ₹8.3 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Senior Wealth Manager in Mumbai at Nuvama Wealth and Investment earn more than ₹12.2 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Senior Wealth Manager Salaries at Nuvama Wealth and Investment 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+ Nuvama Wealth and Investment employees in India.
What is the estimated take home salary of a Senior Wealth Manager at Nuvama Wealth and Investment in Mumbai?
The estimated take-home salary of a Senior Wealth Manager at Nuvama Wealth and Investment in Mumbai typically ranges from ₹72,939 to ₹74,822 per month. This is based on the average salary range of ₹8.3 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 3 years to 13 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 Nuvama Wealth and Investment. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Nuvama Wealth and Investment for Senior Wealth Manager in India?
Karvy Private Wealth ₹10.0 Lakhs to ₹18.0 Lakhs per year
Nuvama Wealth Management ₹7.9 Lakhs to ₹12.0 Lakhs per year

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

Purnartha Investment Advisors ₹6.0 Lakhs to ₹12.3 Lakhs per year
Edelweiss ₹4.0 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹3.0 Lakhs to ₹5.0 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 Senior Wealth Manager at Nuvama Wealth and Investment in Mumbai?
The salary growth for a Senior Wealth Manager at Nuvama Wealth and Investment in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Wealth Manager in Mumbai can expect the following growth trajectory at Nuvama Wealth and Investment:

Experience Average Salary Range
3 years ₹8.5 Lakhs to ₹10.9 Lakhs per year
4 years ₹8.4 Lakhs to ₹10.3 Lakhs per year
5 years ₹8.7 Lakhs to ₹11.1 Lakhs per year
6 years ₹8.8 Lakhs to ₹11.3 Lakhs per year
and so on.

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Nuvama Wealth and Investment Senior Wealth Manager salary in Mumbai ranges between ₹8.3 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Nuvama Wealth and Investment latest salaries received from various employees of Nuvama Wealth and Investment.