Nuvama Wealth Management Mumbai Associate Salaries by 5 Employees (Updated 2025)

0 - 11 years exp.

₹4 Lakhs - ₹9.7 Lakhs

Salary of majority employees

19% less than the average Associate Salary in Financial Services Companies for 0 - 11 years of experience

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Last Updated: 21 Nov 2024

Companies similar to Nuvama Wealth Management for Associate in Mumbai

Nuvama Wealth Management Associate Salary

0 - 11 years exp. (5 salaries)

₹4 L/yr - ₹9.7 L/yr

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Associate Salary 0 - 4 years exp. (7 salaries)	₹3 L/yr - ₹9 L/yr 33% less
Kotak Mahindra Bank Associate Salary 0 - 7 years exp. (345 salaries)	₹1.2 L/yr - ₹4 L/yr 61% less
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ICICI Bank Associate Salary 0 - 6 years exp. (26 salaries)	₹1.4 L/yr - ₹4.9 L/yr 56% less
Edelweiss Associate Salary 0 - 7 years exp. (261 salaries)	₹3 L/yr - ₹12 L/yr 10% more
TIAA Global Business Services Associate Salary 5 - 11 years exp. (147 salaries)	₹9.4 L/yr - ₹30 L/yr 252% more	1 job opening
Apex Group Associate Salary 0 - 8 years exp. (57 salaries)	₹3.5 L/yr - ₹9.6 L/yr 8% more	3 job openings
Ocwen Financial Solutions Associate Salary 1 - 7 years exp. (54 salaries)	₹1.9 L/yr - ₹5.5 L/yr 37% less
ICICI Home Finance Associate Salary 1 - 7 years exp. (35 salaries)	₹1.8 L/yr - ₹5.5 L/yr 44% less
National Stock Exchange of India Associate Salary 1 - 7 years exp. (16 salaries)	₹2 L/yr - ₹5 L/yr 33% less
Morningstar Associate Salary 0 - 2 years exp. (14 salaries)	₹3.6 L/yr - ₹6 L/yr 28% less	2 job openings
Kotak Securities Associate Salary 0 - 4 years exp. (9 salaries)	₹1.4 L/yr - ₹3.5 L/yr 58% less
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Associate salary at Nuvama Wealth Management ranges between ₹4 Lakhs to ₹9.7 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Nuvama Wealth Management.

Experience wise Nuvama Wealth Management Associate salaries in Mumbai

Last Updated: 21 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4 L/yr - ₹8.9 L/yr
1 year (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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2 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
3 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.2 L/yr
9 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
10 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.9 L/yr
11 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹9.7 L/yr

View all

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Salary related reviews for Nuvama Wealth Management

Chief Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 24 Jan 2025

4.0

for Salary and Benefits

Likes

Work life balance and Salary

Salary - Good

+1 more

Dislikes

Poor leadership, Poor work delegation and allocation, Micro management by leaders, Favouritism to few employees, Poor HR management, No respect, High Job Dissatisfaction, No roadmap for future career growth, lack of collaborative environment, Zero Skill Development, No trainings entertained by manager, Job Secrecy by favourite employees, Zero transparency.

Skill development - Bad

+4 more

Vice President Sales in Mumbai

Full Time

Food, Beverage & Hospitality Department

1.0

• posted on 29 Aug 2024

1.0

for Salary and Benefits

Likes

Worst Manager are Nikhil Bhanushali and Ninesh ghantara. Pathetic and biased to selected few who they promote and support. Remaining are treated as labourers. Never join this organisation.

Dislikes

Everything. Worst culture. Politics. No learning and no growth.

Salary - Bad

+6 more

Assistant Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Apr 2024

1.0

for Salary and Benefits

Likes

If you are looking to learn more about the financial products, it's a good firm to teach you about them. Fixed office hours, no calls after office hours are done.

Work-life balance - Good

Dislikes

- The leadership has been stagnant and there is only little growth in the organisation. - HR does not favour you at all they only favour the leadership. - The leadership are like goons who have no trust on their employees. - The company has no data to give or work on. - The company lacks in services for their clients. - No guidance by the managers, they expect you to know everything already.

Salary - Bad

+4 more

Wealth Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Jun 2023

1.0

for Salary and Benefits

Likes

I don't have any likes about this organization

Dislikes

They don't have any business development strategy and worst sales process. There is no career growth, worst KRA policy as you can not make extra money and no appraisals after many years,worst senior management thoughts they are comparing you with animals like parrot, chameleon, tortoise etc. Overall if you have time and options so better to wait and join right brand with right mentor for your career growth and work life balance. Note - Mr. LC will say everything is positive but when you join it's totally negative and worst work environment

Salary - Bad

+6 more

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 17 Oct 2023

5.0

for Salary and Benefits

Likes

Friendly colleagues, unbiased HR, knowledgeable seniors. I have worked with Nuvama with good 4 yrs. Culture is very friendly here. Smart formals are allowed.

Salary - Excellent

+6 more

Dislikes

Extended working hours is the only thing which I disliked

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Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Nuvama Wealth Management Associate Salary FAQs

What is the salary of Associate at Nuvama Wealth Management Mumbai?

Associate salary at Nuvama Wealth Management in Mumbai ranges between ₹4.0 Lakhs to ₹9.7 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 19% less than the average Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Nuvama Wealth Management Mumbai.

How does the salary of a Associate at Nuvama Wealth Management Mumbai compare with the average salary range for this job?

The average salary of a Associate at Nuvama Wealth Management is 19% less than the average salary of a Associate in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Nuvama Wealth Management to a Associate in Mumbai?

TIAA Global Business Services Associate Salary - ₹9.4 Lakhs to ₹30.0 Lakhs per year
Edelweiss Associate Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
Apex Group Associate Salary - ₹3.5 Lakhs to ₹9.6 Lakhs per year

What is the salary of a Associate in companies similar to Nuvama Wealth Management in Mumbai?

Morningstar Associate Salary - ₹3.6 Lakhs to ₹6.0 Lakhs per year
IIFL Finance Associate Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
National Stock Exchange of India Associate Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
Ocwen Financial Solutions Associate Salary - ₹1.9 Lakhs to ₹5.5 Lakhs per year
ICICI Home Finance Associate Salary - ₹1.8 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a Associate at Nuvama Wealth Management in Mumbai?

The estimated take-home salary of a Associate at Nuvama Wealth Management ranges between ₹49,468 per month to ₹50,636 per month in Mumbai. The take-home salary calculation is based on the average Nuvama Wealth Management Associate salary in India which ranges between ₹4.0 Lakhs to ₹9.7 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

What is the notice period for Associate at Nuvama Wealth Management in Mumbai?

According to AmbitionBox, 83% of the Nuvama Wealth Management Associates in Mumbai reported a notice period of 3 Months, 17% reported a notice period of 15 days or less.This is based on 6 responses on AmbitionBox in last 2 years.

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Nuvama Wealth Management Associate Salaries in Mumbai

Nuvama Wealth Management Associate salary in Mumbai ranges between ₹4 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Nuvama Wealth Management latest salaries received from various employees of Nuvama Wealth Management.