Home > Salary > Ethiopia > Wealth Management Associate
A Wealth Management Associate is responsible for assisting clients in managing their financial assets and investments. They work closely with Wealth Managers and Financial Advisors to provide comprehensive financial planning services to high-net-worth individuals and families. The main duties of a Wealth Management Associate include conducting market research, analyzing investment opportunities, creating financial plans, monitoring client portfolios, and providing ongoing client support.
This role requires strong analytical and problem-solving skills, as well as excellent communication and interpersonal skills. Wealth Management Associates must have a deep understanding of financial markets, investment strategies, and risk management. They should also be proficient in financial software and tools used for portfolio analysis and reporting.
Estimated Yearly Salary: 109,138 ETB
Estimated Monthly Salary: 9,095 ETB
Estimated Weekly Salary: 2,099 ETB per week
Estimated Hourly Salary: 52 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,790 ETB
Estimated Weekly Salary: 2,028 ETB per week
Estimated Hourly Salary: 51 ETB per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 1,823 USD
Estimated Monthly Salary: 152 USD
Estimated Weekly Salary: 35 USD per week
Estimated Hourly Salary: 1 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: 109,138 ETB
Estimated Monthly Salary: 9,095 ETB
Estimated Weekly Salary: 2,099 ETB per week
Estimated Hourly Salary: 52 ETB per hour
By working as Wealth Management Associate a person can save up to 75 USD per month or 901 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 Wealth Management Associate
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Wealth Management Associate salary in Ethiopia
Average Yearly Salary of Wealth Management Associate in Ethiopia is approximately 109,138 ETB (1,823 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 Wealth Management Associate do?
A Wealth Management Associate is responsible for assisting clients in managing their financial assets and investments. They work closely with Wealth Managers and Financial Advisors to provide comprehensive financial planning services to high-net-worth individuals and families. The main duties of a Wealth Management Associate include conducting market research, analyzing investment opportunities, creating financial plans, monitoring client portfolios, and providing ongoing client support.
This role requires strong analytical and problem-solving skills, as well as excellent communication and interpersonal skills. Wealth Management Associates must have a deep understanding of financial markets, investment strategies, and risk management. They should also be proficient in financial software and tools used for portfolio analysis and reporting.
Skills: Wealth Management, Financial Planning, Investment Analysis, Portfolio Management, High-net-worth Clients, Financial Services.
Job industry: Finance
Job industry: Finance
How much does Wealth Management Associate make?
Salary details
How much does Wealth Management Associate make?Estimated Yearly Salary: 109,138 ETB
Estimated Monthly Salary: 9,095 ETB
Estimated Weekly Salary: 2,099 ETB per week
Estimated Hourly Salary: 52 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 105,480 ETBEstimated Monthly Salary: 8,790 ETB
Estimated Weekly Salary: 2,028 ETB per week
Estimated Hourly Salary: 51 ETB per hour
Last revision of data: 2024-01-07Wealth Management Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 1,823 USD
Estimated Monthly Salary: 152 USD
Estimated Weekly Salary: 35 USD per week
Estimated Hourly Salary: 1 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 Wealth Management Associate job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Wealth Management Associate in Ethiopia earns on average:
1.04 times the average salary (or 104% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Wealth Management Associate job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Wealth Management Associate in Ethiopia earns on average:
1.04 times the average salary (or 104% of average salary).
Is Wealth Management Associate a well paid job?
Yes, our data show that Wealth Management Associate is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Wealth Management Associate?
High salary for Wealth Management Associate would be somewhere between 120,052 ETB and 158,250 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Wealth Management Associate 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: 109,138 ETB
Estimated Monthly Salary: 9,095 ETB
Estimated Weekly Salary: 2,099 ETB per week
Estimated Hourly Salary: 52 ETB per hour
By working as Wealth Management Associate a person can save up to 75 USD per month or 901 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 Wealth Management Associate
Sudan is 722 USD
Kenya is 5,695 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:
Fitness trainer or aerobics instructor (70,647 ETB per year, pre-tax.)
Hardware engineering manager (239,914 ETB per year, pre-tax.)
Polishing machine operator (75,315 ETB per year, pre-tax.)
Material handler (51,133 ETB per year, pre-tax.)
Certified peer specialist (53,649 ETB per year, pre-tax.)
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