Profitmart Securities Wealth Manager Salaries by 4 Employees

8 - 13 years exp.

₹6 Lakhs - ₹8.3 Lakhs

Salary of majority employees

6% less than the average Wealth Manager Salary in Internet Companies for 8 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Wealth Manager Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.6 L/yr
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Sales & Business Development Wealth Manager Salary 8 - 13 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹8.3 L/yr

Last Updated: 13 Mar 2023

Companies similar to Profitmart Securities for Wealth Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Wealth Manager Salary 0 - 13 years exp. (972 salaries)	₹3.5 L/yr - ₹12.5 L/yr 17% more
Purnartha Investment Advisors Wealth Manager Salary 0 - 9 years exp. (203 salaries)	₹4.5 L/yr - ₹9.5 L/yr 4% less
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ICICI Securities Wealth Manager Salary 0 - 9 years exp. (174 salaries)	₹4 L/yr - ₹10 L/yr 9% less
Edelweiss Wealth Manager Salary 0 - 8 years exp. (133 salaries)	₹2.5 L/yr - ₹8.9 L/yr 20% less	4 job openings
Globe Capital Market Wealth Manager Salary 0 - 10 years exp. (104 salaries)	₹1.8 L/yr - ₹5 L/yr 51% less

Wealth Manager salary at Profitmart Securities ranges between ₹6 Lakhs to ₹8.3 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Profitmart Securities.

Experience wise Profitmart Securities Wealth Manager salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
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10 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr
11 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
12 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
13 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr

View all

Similar Designation salaries in Profitmart Securities

Branch Manager Salary

(10 salaries)

₹5.1 L/yr - ₹8.85 L/yr

Sales Manager Salary

(6 salaries)

₹2.8 L/yr - ₹5 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹8.5 L/yr - ₹10.8 L/yr

Senior Wealth Manager Salary

(3 salaries)

₹5 L/yr - ₹13 L/yr

Relationship Manager Salary

(35 salaries)

₹1.5 L/yr - ₹4.85 L/yr

Branch Head Salary

(3 salaries)

₹8.2 L/yr - ₹15 L/yr

Branch Sales Manager Salary

(3 salaries)

₹3.8 L/yr - ₹4.8 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Relationship Wealth Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Top skills at Profitmart Securities for Wealth Manager

Relationship Management Finance Life Insurance Portfolio Management Investment Banking Sales Mutual Funds Wealth Management Equity Broking

Salary related reviews for Profitmart Securities

Manager in Guwahati

Finance sale Department

1.0

• posted on 29 Sep 2017

1.0

for Salary and Benefits

Likes

Company knows only to generate brokerage. Not concern about employee, if unable to do target they don't pay salary. No work timing, no job satisfaction. Don't think about customers profit. Company pressurise employee for new account acquisition only to generate brokerage coz they know that after a month or two they will finish customers money by doing illegal trading, without customers consent only to generate borkerage. Very bad work atmosphere. They are not running company, they are running a 'bania ka dukan' where you will be fired at any point of time. Even the CEO is unskilled and many more to say don't have words.

Dislikes

Already written

Salary - Bad

+6 more

Equity Research Assistant in Pune

Full Time

Finance & Accounting Department

2.0

• posted on 12 Dec 2023

2.0

for Salary and Benefits

Likes

Profitmart cares about employees and atmosphere is very good. All directors are good and passionate.

Work-life balance - Excellent

Dislikes

The company is in early stage where they trying to find answers of problems. So in this stage, the structure not fixed.

Salary - Poor

+4 more

Team Lead

Marketing & Communication Department

1.0

• posted on 26 Sep 2019

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

The work pressure tooo high. Managers do not value an individual's unique strengths, which is why I have to take back my suggestions most of the times. There is no on-job training for freshers, hence seniors folks like me have to guide them step-by-step, which is a pain .

Salary - Bad

+6 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Profitmart Securities Wealth Manager Salary FAQs

What is the salary of Wealth Manager at Profitmart Securities ?

The average salary of a Wealth Manager at Profitmart Securities in India typically ranges from ₹6.0 Lakhs to ₹8.3 Lakhs per year, depending on experience (from 8 years to 13 years).

The top 10% of Wealth Manager at Profitmart Securities earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹8.3 Lakhs per year. Wealth Manager Salaries at Profitmart Securities 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 4 Profitmart Securities employees in India.

What is the estimated take home salary of a Wealth Manager at Profitmart Securities in India?

The estimated take-home salary of a Wealth Manager at Profitmart Securities in India typically ranges from ₹52,004 to ₹54,346 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹8.3 Lakhs per year for employees with experience ranging from 8 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 4 salaries received from various employees of Profitmart Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Wealth Manager at Profitmart Securities ?

To be a Wealth Manager at Profitmart Securities in india, the key skills required include:

- Relationship Management
- Finance
- Life Insurance
- Portfolio Management
- Investment Banking

These skills are highly valued at Profitmart Securities and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Profitmart Securities for Wealth Manager in India?

ICICI Bank

₹3.5 Lakhs to ₹12.5 Lakhs per year

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

What is the salary of a Wealth Manager in companies similar to Profitmart Securities in India?

The salary of a Wealth Manager at companies similar to Profitmart Securities in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Purnartha Investment Advisors	₹4.5 Lakhs to ₹9.5 Lakhs per year
ICICI Securities	₹4.0 Lakhs to ₹10.0 Lakhs per year
Edelweiss	₹2.5 Lakhs to ₹8.9 Lakhs per year
Globe Capital Market	₹1.8 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 Wealth Manager at Profitmart Securities in India?

The salary growth for a Wealth Manager at Profitmart Securities depends on factors such as experience, performance, and promotions. On average, a Wealth Manager can expect the following growth trajectory at Profitmart Securities:

Experience	Average Salary Range
8 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
9 years	₹5.7 Lakhs to ₹7.3 Lakhs per year
10 years	₹6.1 Lakhs to ₹7.7 Lakhs per year
11 years	₹6.4 Lakhs to ₹8.2 Lakhs per year

and so on.

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Profitmart Securities Wealth Manager Salaries

Profitmart Securities Wealth Manager salary in India ranges between ₹6 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Profitmart Securities latest salaries received from various employees of Profitmart Securities.