Nuvama Wealth Management Wealth Manager Salaries by 10+ Employees (Updated 2024)

1 - 4 years exp.

₹3.2 Lakhs - ₹7 Lakhs

Salary of majority employees

33% less than the average Wealth Manager Salary in Financial Services Companies for 1 - 4 years of experience

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Last Updated: 26 Oct 2024

Companies similar to Nuvama Wealth Management for Wealth Manager

Company name	Avg Annual Salary	Open Jobs
Edelweiss Private Wealth Wealth Manager Salary 0 - 6 years exp. (19 salaries)	₹3.3 L/yr - ₹7.4 L/yr 1% less
Kotak Mahindra Bank Wealth Manager Salary 1 - 11 years exp. (16 salaries)	₹5.5 L/yr - ₹13 L/yr 75% more
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ICICI Bank Wealth Manager Salary 0 - 13 years exp. (987 salaries)	₹4 L/yr - ₹12 L/yr 65% more
Edelweiss Wealth Manager Salary 0 - 8 years exp. (134 salaries)	₹2.5 L/yr - ₹8.9 L/yr 24% more	1 job opening
Bajaj Capital Wealth Manager Salary 0 - 9 years exp. (99 salaries)	₹3 L/yr - ₹9 L/yr 13% more	3 job openings
JM Financial Wealth Manager Salary 0 - 8 years exp. (16 salaries)	₹4.3 L/yr - ₹12 L/yr 50% more
ICICI Prudential Mutual Fund Wealth Manager Salary 0 - 12 years exp. (12 salaries)	₹4.4 L/yr - ₹6.7 L/yr 4% more
IIFL Finance Wealth Manager Salary 0 - 10 years exp. (11 salaries)	₹5.5 L/yr - ₹12 L/yr 58% more
Kotak Securities Wealth Manager Salary 4 - 5 years exp. (5 salaries)	₹5.2 L/yr - ₹8 L/yr 43% more
Sharekhan Wealth Manager Salary 0 - 10 years exp. (5 salaries)	₹3.5 L/yr - ₹8 L/yr 9% more	1 job opening

Wealth Manager salary at Nuvama Wealth Management ranges between ₹3.2 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 15 latest salaries received from various employees of Nuvama Wealth Management.

Experience wise Nuvama Wealth Management Wealth Manager salaries

Last Updated: 26 Oct 2024

Experience	Avg Annual Salary
1 year (4 salaries)	₹4.2 L/yr - ₹8.3 L/yr
2 years (5 salaries)	₹3.2 L/yr - ₹8.7 L/yr
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3 years (3 salaries)	₹4.3 L/yr - ₹7 L/yr
4 years (3 salaries)	₹4.3 L/yr - ₹6 L/yr

Similar Designation salaries in Nuvama Wealth Management

Branch Manager Salary

(6 salaries)

₹9.35 L/yr - ₹13 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹13.7 L/yr - ₹17.5 L/yr

Chief Manager Salary

(12 salaries)

₹9 L/yr - ₹21.57 L/yr

Senior Wealth Manager Salary

(5 salaries)

₹9.36 L/yr - ₹12 L/yr

Relationship Manager Salary

(11 salaries)

₹4.25 L/yr - ₹8 L/yr

Branch Head Salary

(AmbitionBox Estimate)

₹19.3 L/yr - ₹24.6 L/yr

NRI Relationship Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Senior Associate Salary

(4 salaries)

₹5 L/yr - ₹6.6 L/yr

Relationship Wealth Manager Salary

(AmbitionBox Estimate)

₹7.5 L/yr - ₹9.5 L/yr

Associate Director Salary

(7 salaries)

₹30 L/yr - ₹63.75 L/yr

Salary related reviews for Nuvama Wealth Management

3.9

Rated by 8 employees for salary & benefits

Chief Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 26 Jun 2024

4.0

for Salary and Benefits

Likes

Relaxed environment, Work life balance, Timely Salary.

Dislikes

No learning curve, high deviation in job description and actual job, Under utilised resources, Poor allocation of work, High dependency on select resources, Zero processes, Poor team management, Zero collaborative approach.

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.

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.

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.

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

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.

Dislikes

Extended working hours is the only thing which I disliked

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Nuvama Wealth Management Wealth Manager Salary FAQs

What is the salary of Wealth Manager at Nuvama Wealth Management?

Wealth Manager salary at Nuvama Wealth Management in India ranges between ₹3.2 Lakhs to ₹7.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 33% less than the average Wealth Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Nuvama Wealth Management India.

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

The average salary of a Wealth Manager at Nuvama Wealth Management is 33% less than the average salary of a Wealth Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Nuvama Wealth Management to a Wealth Manager in India?

Kotak Mahindra Bank Wealth Manager Salary - ₹5.5 Lakhs to ₹13.0 Lakhs per year
ICICI Bank Wealth Manager Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
IIFL Finance Wealth Manager Salary - ₹5.5 Lakhs to ₹12.0 Lakhs per year
JM Financial Wealth Manager Salary - ₹4.3 Lakhs to ₹12.0 Lakhs per year
Kotak Securities Wealth Manager Salary - ₹5.2 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Wealth Manager in companies similar to Nuvama Wealth Management in India?

Edelweiss Wealth Manager Salary - ₹2.5 Lakhs to ₹8.9 Lakhs per year
Bajaj Capital Wealth Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
Sharekhan Wealth Manager Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year
ICICI Prudential Mutual Fund Wealth Manager Salary - ₹4.4 Lakhs to ₹6.7 Lakhs per year
Edelweiss Private Wealth Wealth Manager Salary - ₹3.3 Lakhs to ₹7.4 Lakhs per year

What is the estimated take home salary of a Wealth Manager at Nuvama Wealth Management in India?

The estimated take-home salary of a Wealth Manager at Nuvama Wealth Management ranges between ₹36,767 per month to ₹37,981 per month in India. The take-home salary calculation is based on the average Nuvama Wealth Management Wealth Manager salary in India which ranges between ₹3.2 Lakhs to ₹7.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Wealth Manager at Nuvama Wealth Management?

According to AmbitionBox, 56% of the Nuvama Wealth Management Wealth Managers reported a notice period of 1 Month, 18% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.

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Nuvama Wealth Management Wealth Manager Salaries

Nuvama Wealth Management Wealth Manager salary in India ranges between ₹3.2 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Nuvama Wealth Management latest salaries received from various employees of Nuvama Wealth Management.

Nuvama Wealth Management Wealth Manager salaries in India

Companies similar to Nuvama Wealth Management for Wealth Manager

Latest annual salaries shared by Nuvama Wealth Management Wealth Manager

Experience wise Nuvama Wealth Management Wealth Manager salaries

Similar Designation salaries in Nuvama Wealth Management

Salary related reviews for Nuvama Wealth Management

Chief Manager in Mumbai

Vice President Sales in Mumbai

Assistant Manager in New Delhi

Wealth Manager in Bangalore / Bengaluru

Assistant Manager in Mumbai

Nuvama Wealth Management Wealth Manager Salary FAQs

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Nuvama Wealth Management Wealth Manager Salaries by Location