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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: 84,379 MYR
Estimated Monthly Salary: 7,032 MYR
Estimated Weekly Salary: 1,623 MYR per week
Estimated Hourly Salary: 41 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 6,783 MYR
Estimated Weekly Salary: 1,565 MYR per week
Estimated Hourly Salary: 39 MYR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 16,815 USD
Estimated Monthly Salary: 1,401 USD
Estimated Weekly Salary: 323 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 84,379 MYR
Estimated Monthly Salary: 7,032 MYR
Estimated Weekly Salary: 1,623 MYR per week
Estimated Hourly Salary: 41 MYR per hour
By working as Wealth Management Associate a person can save up to 690 USD per month or 8,281 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 Malaysia, see costs of living in Malaysia.
Estimated Yearly Salary for Wealth Management Associate
Last revision of data: 2025-01-04
Data as of 2025
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Wealth Management Associate salary in Malaysia
Average Yearly Salary of Wealth Management Associate in Malaysia is approximately 84,379 MYR (16,815 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: 84,379 MYR
Estimated Monthly Salary: 7,032 MYR
Estimated Weekly Salary: 1,623 MYR per week
Estimated Hourly Salary: 41 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 81,395 MYREstimated Monthly Salary: 6,783 MYR
Estimated Weekly Salary: 1,565 MYR per week
Estimated Hourly Salary: 39 MYR per hour
Last revision of data: 2024-01-02Wealth Management Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 16,815 USD
Estimated Monthly Salary: 1,401 USD
Estimated Weekly Salary: 323 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Wealth Management Associate job salary compared to average salary in Malaysia.
Comparison shows that a person working as Wealth Management Associate in Malaysia earns on average:
1.08 times the average salary (or 108% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Wealth Management Associate job salary compared to average salary in Malaysia.
Comparison shows that a person working as Wealth Management Associate in Malaysia earns on average:
1.08 times the average salary (or 108% 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 92,817 MYR and 122,350 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Wealth Management Associate in Malaysia?
Living in Malaysia the approximate monthly expenses are: 711 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: 84,379 MYR
Estimated Monthly Salary: 7,032 MYR
Estimated Weekly Salary: 1,623 MYR per week
Estimated Hourly Salary: 41 MYR per hour
By working as Wealth Management Associate a person can save up to 690 USD per month or 8,281 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 Malaysia, see costs of living in Malaysia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines. 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
Thailand is 6,853 USD
Indonesia is 10,036 USD
Singapore is 63,770 USD
Brunei is 29,827 USD
Vietnam is 3,788 USD
Philippines is 3,739 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 Malaysia
(927,752 MYR per year, pre-tax.)
2. Cardiologist
(770,656 MYR per year, pre-tax.)
(748,723 MYR per year, pre-tax.)
(724,417 MYR per year, pre-tax.)
5. Neurosurgeon
(722,312 MYR per year, pre-tax.)
6. Urologist
(706,560 MYR per year, pre-tax.)
(706,212 MYR per year, pre-tax.)
(704,735 MYR per year, pre-tax.)
(704,523 MYR per year, pre-tax.)
10. Dermatologist
(703,305 MYR per year, pre-tax.)
Data as of 2025Random salary:
Online project manager (75,131 MYR per year, pre-tax.)
X-ray technologist (88,180 MYR per year, pre-tax.)
Sales clerk retail store (39,999 MYR per year, pre-tax.)
Senior mechanical engineer (123,087 MYR per year, pre-tax.)
Retail assistant manager (50,992 MYR per year, pre-tax.)
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