Home > Salary > Ethiopia > Private Wealth Manager
A private wealth manager is a financial professional who assists high-net-worth individuals and families in managing their wealth and achieving their financial goals. They provide personalized investment advice, develop comprehensive financial plans, and offer tailored solutions to help clients grow and protect their assets. Private wealth managers have extensive knowledge of various investment options, including stocks, bonds, real estate, and alternative investments, and they work closely with clients to create diversified portfolios that align with their risk tolerance and objectives. They also provide guidance on estate planning, tax strategies, and philanthropic endeavors.
Estimated Yearly Salary: 228,276 ETB
Estimated Monthly Salary: 19,023 ETB
Estimated Weekly Salary: 4,390 ETB per week
Estimated Hourly Salary: 110 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 18,415 ETB
Estimated Weekly Salary: 4,250 ETB per week
Estimated Hourly Salary: 106 ETB per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 3,826 USD
Estimated Monthly Salary: 319 USD
Estimated Weekly Salary: 74 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 228,276 ETB
Estimated Monthly Salary: 19,023 ETB
Estimated Weekly Salary: 4,390 ETB per week
Estimated Hourly Salary: 110 ETB per hour
By working as Private Wealth Manager a person can save up to 242 USD per month or 2,904 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Private Wealth Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Used car manager (96,697 ETB per year, pre-tax.)
Water operator (80,395 ETB per year, pre-tax.)
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Private Wealth Manager salary in Ethiopia
Average Yearly Salary of Private Wealth Manager in Ethiopia is approximately 228,276 ETB (3,826 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Private Wealth Manager do?
A private wealth manager is a financial professional who assists high-net-worth individuals and families in managing their wealth and achieving their financial goals. They provide personalized investment advice, develop comprehensive financial plans, and offer tailored solutions to help clients grow and protect their assets. Private wealth managers have extensive knowledge of various investment options, including stocks, bonds, real estate, and alternative investments, and they work closely with clients to create diversified portfolios that align with their risk tolerance and objectives. They also provide guidance on estate planning, tax strategies, and philanthropic endeavors.Skills: Wealth management, Investment advisory, Financial planning, High-net-worth clients, Asset management, Estate planning
Job industry: Finance
Job industry: Finance
How much does Private Wealth Manager make?
Salary details
How much does Private Wealth Manager make?Estimated Yearly Salary: 228,276 ETB
Estimated Monthly Salary: 19,023 ETB
Estimated Weekly Salary: 4,390 ETB per week
Estimated Hourly Salary: 110 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 220,980 ETBEstimated Monthly Salary: 18,415 ETB
Estimated Weekly Salary: 4,250 ETB per week
Estimated Hourly Salary: 106 ETB per hour
Last revision of data: 2024-01-03Private Wealth Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,826 USD
Estimated Monthly Salary: 319 USD
Estimated Weekly Salary: 74 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Private Wealth Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Private Wealth Manager in Ethiopia earns on average:
2.17 times the average salary (or 217% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Private Wealth Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Private Wealth Manager in Ethiopia earns on average:
2.17 times the average salary (or 217% of average salary).
Is Private Wealth Manager a well paid job?
Yes, our data show that Private Wealth Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Private Wealth Manager?
High salary for Private Wealth Manager would be somewhere between 251,104 ETB and 331,000 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Private Wealth Manager in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 228,276 ETB
Estimated Monthly Salary: 19,023 ETB
Estimated Weekly Salary: 4,390 ETB per week
Estimated Hourly Salary: 110 ETB per hour
By working as Private Wealth Manager a person can save up to 242 USD per month or 2,904 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Private Wealth Manager
Sudan is 1,514 USD
Kenya is 11,929 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Sap bi lead (170,867 ETB per year, pre-tax.)
Used car manager (96,697 ETB per year, pre-tax.)
Water operator (80,395 ETB per year, pre-tax.)
Teachers assistant (46,882 ETB per year, pre-tax.)
Ophthalmic dispenser (133,080 ETB per year, pre-tax.)
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