Wealth Strategy Associate salary in Latvia

Average Yearly Salary of Wealth Strategy Associate in Latvia is approximately 24,067 EUR (24,017 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 Strategy Associate do?

A Wealth Strategy Associate is a professional who assists high net worth individuals or families in managing their wealth and achieving their financial goals. They work closely with wealth managers, financial advisors, and clients to develop comprehensive financial plans, conduct investment research, and provide strategic advice on asset allocation, tax planning, estate planning, and risk management. The role of a Wealth Strategy Associate involves analyzing clients' financial situations, identifying opportunities for growth, and recommending suitable investment strategies. They also assist in the implementation and monitoring of investment portfolios, track market trends, and stay updated with regulatory changes to ensure compliance. Additionally, they may participate in client meetings, prepare reports, and collaborate with other professionals within the firm to deliver exceptional service to clients.

Skills: Wealth Management, Financial Planning, Investment Research, Asset Allocation, Tax Planning, Estate Planning
Job industry: Finance

How much does Wealth Strategy Associate make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Wealth Strategy Associate a well paid job?

Yes, our data shows that Wealth Strategy Associate is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Wealth Strategy Associate?

High salary for Wealth Strategy Associate would be somewhere between 26,474 EUR and 34,897 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Wealth Strategy Associate in Latvia?

Living in Latvia the approximate monthly expenses are: 860 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: 24,067 EUR
Estimated Monthly Salary: 2,006 EUR
Estimated Weekly Salary: 463 EUR per week
Estimated Hourly Salary: 12 EUR per hour
By working as Wealth Strategy Associate a person can save up to 1,141 USD per month or 13,697 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 Latvia, see costs of living in Latvia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Estonia, Russia, Belarus, Lithuania..
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 Strategy Associate

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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