Home > Salary > Monaco > 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: 177,013 EUR
Estimated Monthly Salary: 14,751 EUR
Estimated Weekly Salary: 3,404 EUR per week
Estimated Hourly Salary: 85 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,198 EUR
Estimated Weekly Salary: 3,276 EUR per week
Estimated Hourly Salary: 82 EUR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 175,834 USD
Estimated Monthly Salary: 14,653 USD
Estimated Weekly Salary: 3,381 USD per week
Estimated Hourly Salary: 85 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: 177,013 EUR
Estimated Monthly Salary: 14,751 EUR
Estimated Weekly Salary: 3,404 EUR per week
Estimated Hourly Salary: 85 EUR per hour
By working as Wealth Management Associate a person can save up to 7,210 USD per month or 86,516 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 Monaco, see costs of living in Monaco.
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 Monaco
Average Yearly Salary of Wealth Management Associate in Monaco is approximately 177,013 EUR (175,834 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: 177,013 EUR
Estimated Monthly Salary: 14,751 EUR
Estimated Weekly Salary: 3,404 EUR per week
Estimated Hourly Salary: 85 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 170,375 EUREstimated Monthly Salary: 14,198 EUR
Estimated Weekly Salary: 3,276 EUR per week
Estimated Hourly Salary: 82 EUR per hour
Last revision of data: 2024-01-09Wealth Management Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 175,834 USD
Estimated Monthly Salary: 14,653 USD
Estimated Weekly Salary: 3,381 USD per week
Estimated Hourly Salary: 85 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
Compare salary to other countries
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Country:
Salary comparison to National average
Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Wealth Management Associate job salary compared to average salary in Monaco.
Comparison shows that a person working as Wealth Management Associate in Monaco earns on average:
1.04 times the average salary (or 104% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Wealth Management Associate job salary compared to average salary in Monaco.
Comparison shows that a person working as Wealth Management Associate in Monaco 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 194,714 EUR and 256,669 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Wealth Management Associate in Monaco?
Living in Monaco the approximate monthly expenses are: 7,443 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: 177,013 EUR
Estimated Monthly Salary: 14,751 EUR
Estimated Weekly Salary: 3,404 EUR per week
Estimated Hourly Salary: 85 EUR per hour
By working as Wealth Management Associate a person can save up to 7,210 USD per month or 86,516 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 Monaco, see costs of living in Monaco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: France, Italy. 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
France is 43,436 USD
Italy is 35,748 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 Monaco
(1,948,030 EUR per year, pre-tax.)
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4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
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Data as of 2025Random salary:
Newspaper delivery driver (49,663 EUR per year, pre-tax.)
Rangeland manager (214,602 EUR per year, pre-tax.)
Powertrain control systems software engineer (272,510 EUR per year, pre-tax.)
Window and door installer (112,411 EUR per year, pre-tax.)
Electrical contractor (186,612 EUR per year, pre-tax.)
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