Nuvama Wealth Management Mumbai Wealth Manager Salaries by 4 Employees (Updated 2024)

1 - 4 years exp.

₹4.3 Lakhs - ₹6 Lakhs

Salary of majority employees

35% less than the average Wealth Manager Salary in Financial Services Companies for 1 - 4 years of experience

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Last Updated: 9 Sep 2024

Companies similar to Nuvama Wealth Management for Wealth Manager in Mumbai

Nuvama Wealth Management Wealth Manager Salary

1 - 4 years exp. (4 salaries)

₹4.3 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Private Wealth Wealth Manager Salary 0 - 6 years exp. (5 salaries)	₹4 L/yr - ₹7.4 L/yr 9% more
ICICI Bank Wealth Manager Salary 0 - 13 years exp. (182 salaries)	₹4 L/yr - ₹12.4 L/yr 66% more
Login to view exact salary
Edelweiss Wealth Manager Salary 0 - 8 years exp. (33 salaries)	₹3 L/yr - ₹11.5 L/yr 30% more	1 job opening
Bajaj Capital Wealth Manager Salary 0 - 7 years exp. (8 salaries)	₹4.2 L/yr - ₹7.2 L/yr 15% more	3 job openings
ICICI Prudential Mutual Fund Wealth Manager Salary 0 - 8 years exp. (5 salaries)	₹4.4 L/yr - ₹5.5 L/yr 2% more

Wealth Manager salary at Nuvama Wealth Management ranges between ₹4.3 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Nuvama Wealth Management.

Experience wise Nuvama Wealth Management Wealth Manager salaries in Mumbai

Last Updated: 9 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.3 L/yr
2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.7 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr

Similar Designation salaries in Nuvama Wealth Management

Chief Manager Salary

(12 salaries)

₹9.38 L/yr - ₹37 L/yr

Senior Wealth Manager Salary

(3 salaries)

₹9.4 L/yr - ₹12 L/yr

Salary related reviews for Nuvama Wealth Management

3.9

Rated by 2 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.

Senior Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 07 Jul 2024

2.0

for Salary and Benefits

Likes

If you are a fresher than you can learn many new things about financial markets.

Dislikes

Work life balance: For people in sales the timings will be 8am to 8pm Mon- Sat HR does not support employees it only support leadership No chances of growing here if life. Should leave this company after 1-2 yrs of experience It is not worth spending more than 2 yrs in this company

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

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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 Mumbai?

Wealth Manager salary at Nuvama Wealth Management in Mumbai ranges between ₹4.3 Lakhs to ₹6.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 35% less than the average Wealth Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Nuvama Wealth Management Mumbai.

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

The average salary of a Wealth Manager at Nuvama Wealth Management is 35% less than the average salary of a Wealth Manager in Mumbai. To know exact salary insights, login to view.

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

ICICI Bank Wealth Manager Salary - ₹4.0 Lakhs to ₹12.4 Lakhs per year
Edelweiss Wealth Manager Salary - ₹3.0 Lakhs to ₹11.5 Lakhs per year
Bajaj Capital Wealth Manager Salary - ₹4.2 Lakhs to ₹7.2 Lakhs per year
Edelweiss Private Wealth Wealth Manager Salary - ₹4.0 Lakhs to ₹7.4 Lakhs per year
ICICI Prudential Mutual Fund Wealth Manager Salary - ₹4.4 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Wealth Manager at Nuvama Wealth Management ranges between ₹36,881 per month to ₹38,093 per month in Mumbai. The take-home salary calculation is based on the average Nuvama Wealth Management Wealth Manager salary in India which ranges between ₹4.3 Lakhs to ₹6.0 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 in Mumbai?

According to AmbitionBox, 100% of the Nuvama Wealth Management Wealth Managers in Mumbai reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Nuvama Wealth Management Wealth Manager Salaries in Mumbai

Nuvama Wealth Management Wealth Manager salary in Mumbai ranges between ₹4.3 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Nuvama Wealth Management latest salaries received from various employees of Nuvama Wealth Management.