Way2wealth Brokers Mumbai Relationship Manager Salaries by 4 Employees

1 - 10 years exp.

₹2.3 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

26% less than the average Relationship Manager Salary in Financial Services Companies for 1 - 10 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 3 - 10 years exp. (3 salaries)	₹2.3 L/yr - ₹6 L/yr
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Sales & Business Development Relationship Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.9 L/yr

Last Updated: 29 Dec 2023

Companies similar to Way2wealth Brokers for Relationship Manager in Mumbai

Way2wealth Brokers Relationship Manager Salary

1 - 10 years exp. (4 salaries)

₹2.3 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Home First Finance Company India Relationship Manager Salary 0 - 6 years exp. (44 salaries)	₹4.2 L/yr - ₹8.5 L/yr 63% more
Leap Finance Relationship Manager Salary 3 - 5 years exp. (4 salaries)	₹3.9 L/yr - ₹5.5 L/yr 14% more
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ICICI Bank Relationship Manager Salary 0 - 19 years exp. (1.9k salaries)	₹3 L/yr - ₹11.4 L/yr 105% more	3 job openings
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (829 salaries)	₹2.4 L/yr - ₹12 L/yr 86% more	68 job openings
Kotak Mahindra Bank Relationship Manager Salary 0 - 10 years exp. (460 salaries)	₹1.8 L/yr - ₹10 L/yr 53% more	6 job openings

Relationship Manager salary at Way2wealth Brokers ranges between ₹2.3 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Way2wealth Brokers.

Experience wise Way2wealth Brokers Relationship Manager salaries in Mumbai

Last Updated: 29 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
10 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

View all

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Equity Research Associate Salary

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Senior Wealth Manager Salary

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Top skills at Way2wealth Brokers for Relationship Manager

Mutual Funds Relationship Management Revenue Generation Sales Insurance Wealth Management Investment Advisory demat LI Trading investment Commodities Stock Market Business Development portfolio

Salary related reviews for Way2wealth Brokers

4.0

Rated by 1 employees for salary & benefits

Relationship Manager in Hyderabad / Secunderabad

Full Time

Other Department

1.0

• posted on 06 Nov 2023

1.0

for Salary and Benefits

Likes

Nothing to like there

Dislikes

Management is not good.every month need to achive the target, if you can't achieved than they will deduct 30% from your salary, Management want only those can do minimum 2 x revenu, othere than they will through you without any notice period, in same day they will settled you.

Salary - Bad

+6 more

Operations Back-end Coordinator Customer Executive in Chennai

Human Resources Department

2.0

• posted on 18 Apr 2022

1.0

for Salary and Benefits

Likes

You won't get appraisal....they screw you up and get all work done but poor pay is the final result.... No learning, no appraisal, no respect they treat you very badly....being an MBA graduate I was just paid 10k for 3yrs no appraisal nothing.....no employee benefits

Dislikes

The way they treat employees are worst.... No employee benefits...

Salary - Bad

+5 more

Senior Relationship Manager in Chennai

Investment Department

5.0

• posted on 11 Jan 2019

3.0

for Salary and Benefits

Likes

Colleagues for more knowledge sharing and helping. Hierarchy give respect and always give opportunity to elevat us

Skill development - Good

+5 more

Dislikes

Compensation and salary and incentive structure not attractive and management changes frequently.

Back Office Executive in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Jun 2020

4.0

for Salary and Benefits

Likes

My seniors are supporting me I m happy for that, they will guide me if I did any mistakes, and they will teach me well.

Salary - Good

+6 more

Dislikes

Compensation is low, some time work pressure is high, need to work 12 to 23 a day.

Relationship Manager in Chennai

Full Time

Finance & Accounting Department

3.0

• posted on 01 Apr 2024

3.0

for Salary and Benefits

Likes

Good work life balance if you are interested in sales. If you acheive your targets, the benefits are good.

Job security - Good

+2 more

Dislikes

This is one of the pioneers of wealth management cos. But they have no proper client base and their services were not good in past. So it will be the employee's responsibility to fetch fresh clients. The company still lags behind in technology. They follow age old process of forms based application. Outdated.

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Way2wealth Brokers Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Way2wealth Brokers in Mumbai?

The average salary of a Relationship Manager at Way2wealth Brokers in Mumbai typically ranges from ₹2.3 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Relationship Manager in Mumbai at Way2wealth Brokers earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Relationship Manager Salaries at Way2wealth Brokers 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 Way2wealth Brokers employees in India.

What is the estimated take home salary of a Relationship Manager at Way2wealth Brokers in Mumbai?

The estimated take-home salary of a Relationship Manager at Way2wealth Brokers in Mumbai typically ranges from ₹28,766 to ₹30,149 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 Way2wealth Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Relationship Manager at Way2wealth Brokers in Mumbai?

To be a Relationship Manager at Way2wealth Brokers in Mumbai, the key skills required include:

- Mutual Funds
- Relationship Management
- Revenue Generation
- Sales
- Insurance

These skills are highly valued at Way2wealth Brokers and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Way2wealth Brokers for Relationship Manager in India?

ICICI Bank	₹3.0 Lakhs to ₹11.4 Lakhs per year
HDFC Bank	₹2.4 Lakhs to ₹12.0 Lakhs per year
Home First Finance Company India	₹4.2 Lakhs to ₹8.5 Lakhs per year
Kotak Mahindra Bank	₹1.8 Lakhs to ₹10.0 Lakhs per year
Leap Finance	₹3.9 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Way2wealth Brokers, depending on the role and experience level.

How the salary growth look like for a Relationship Manager at Way2wealth Brokers in Mumbai?

The salary growth for a Relationship Manager at Way2wealth Brokers in Mumbai depends on factors such as experience, performance, and promotions. On average, a Relationship Manager in Mumbai can expect the following growth trajectory at Way2wealth Brokers:

Experience	Average Salary Range
1 year	₹3.4 Lakhs to ₹4.3 Lakhs per year
2 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
4 years	₹3.5 Lakhs to ₹4.4 Lakhs per year

and so on.

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Way2wealth Brokers Relationship Manager Salaries in Mumbai

Way2wealth Brokers Relationship Manager salary in Mumbai ranges between ₹2.3 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Way2wealth Brokers latest salaries received from various employees of Way2wealth Brokers.