Wealth Management Advisor Average Salary in Brasilia 2024
How much money does a person working as Wealth Management Advisor make in Brasilia?
LOW
7,780
BRL AVERAGE
15,900
BRL HIGH
24,800
BRL
A person working as Wealth Management Advisor in Brasilia typically earns around 15,900 BRL. Salaries range from 7,780 BRL (lowest) to 24,800 BRL (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Wealth Management Advisor salaries in Brasilia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Wealth Management Advisor Pay Scale and Salaries in Brasilia
Salary Structure and Pay Scale Comparison
14,700 BRL or more
13,000 to 14,700 BRL
9,230 BRL or less
9,230 to 13,000 BRL
 7,780 BRL |
14,800 BRL |
24,800 BRL |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Wealth Management Advisor in Brasilia range from 7,780 BRL (starting salary) to 24,800 BRL (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 14,800 BRL, half of the professionals who work as Wealth Management Advisor in Brasilia earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Wealth Management Advisor in Brasilia earn less than 12,100 BRL, while 75% earn more. Similarly, the chart shows that 75% earn less than 16,900 BRL while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Wealth Management Advisor in Brasilia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 9,230 BRL to 13,000 BRL. About 20% of salaries are below the 9,230 BRL mark, while 10% fall within the range of 13,000 BRL to 14,700 BRL. Only 5% of individuals have salaries exceeding 14,700 BRL.
Salary Comparison by Years of Experience / Wealth Management Advisor / Brasilia
How do experience and age affect pay?
| 0 - 2 Years | 9,220 BRL | |
| 2 - 5 Years | +29% | 11,900 BRL |
| 5 - 10 Years | +38% | 16,400 BRL |
| 10 - 15 Years | +24% | 20,300 BRL |
| 15 - 20 Years | +7% | 21,700 BRL |
| 20+ Years | +7% | 23,100 BRL |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Wealth Management Advisor and this is what we found.
Employees with less than two years of experience earn approximately 9,220 BRL.
While someone with an experience level between two and five years is expected to earn 11,900 BRL, 29% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 16,400 BRL, 38% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 20,300 BRL, 24% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 21,700 BRL, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 23,100 BRL, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Wealth Management Advisor / Brasilia
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Wealth Management Advisor.
| Certificate or Diploma | 11,500 BRL | |
| Bachelor's Degree | +10% | 12,700 BRL |
| Master's Degree | +36% | 17,300 BRL |
| PhD | +29% | 22,400 BRL |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Wealth Management Advisor in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 11,500 BRL.
Level 2: Bachelor's Degree
At this level, the average salary becomes 12,700 BRL, 10% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 17,300 BRL, 36% more than the previous level.
Level 4: PhD
At this level, the average salary becomes 22,400 BRL, 29% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Brazil costs anywhere from 43,000 BRL to 129,000 BRL and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Wealth Management Advisor / Brasilia
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Wealth Management Advisor in Brazil, the average difference between the salary of male and female employees is 10%.
| Male | 14,200 BRL | |
| Female | -9% | 13,000 BRL |
Salary Comparison By Gender in Brazil for all Careers
Average Annual Salary Increment Percentage / Wealth Management Advisor / Brasilia
How much are annual salary increments in Brasilia for individuals working as Wealth Management Advisor? How often do employees get salary raises?
Individuals working as Wealth Management Advisor in Brazil are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.
Brazil / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Wealth Management Advisor / Brazil
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/brazil/banking/wealth-management-advisor/annual-salary-bonus-rate-brazil-wealth-management-advisor.jpg
100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Wealth Management Advisor / Brasilia
92 BRL per hourThe average hourly wage (pay per hour) for individuals working as Wealth Management Advisor in Brasilia is 92 BRL.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Wealth Management Advisor in Brasilia is 45 BRL. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Banking |  -100% | |
| AML Analyst | 15,600 BRL | -2% |
| Assistant Bank Branch Manager | 12,900 BRL | -19% |
| Assistant Bank Manager | 17,000 BRL |  +7% |
| ATM Manager | 13,900 BRL | -12% |
| ATM Service Technician | 4,080 BRL | -74% |
| Bank Accounts Analyst | 5,770 BRL | -64% |
| Bank Accounts Collector | 3,550 BRL | -78% |
| Bank Accounts Controller | 7,310 BRL | -54% |
| Bank Accounts Executive | 10,500 BRL | -34% |
| Bank Accounts Manager | 13,000 BRL | -18% |
| Bank Auditing Manager | 12,700 BRL | -20% |
| Bank Branch Manager | 18,200 BRL | +15% |
| Bank Branch Operations Coordinator | 7,500 BRL | -53% |
| Bank Clerk | 3,380 BRL | -79% |
| Bank Client Service Associate | 4,890 BRL | -69% |
| Bank Collector | 3,400 BRL | -79% |
| Bank Compliance Specialist | 8,960 BRL | -44% |
| Bank Manager | 19,700 BRL | +24% |
| Bank Operational Risk Manager | 20,800 BRL | +31% |
| Bank Operations Head | 21,400 BRL | +35% |
| Bank Operations Officer | 7,890 BRL | -50% |
| Bank Operations Specialist | 13,100 BRL | -17% |
| Bank Process Manager | 11,800 BRL | -26% |
| Bank Product Manager | 13,200 BRL | -17% |
| Bank Programme Manager | 14,100 BRL | -11% |
| Bank Project Manager | 16,700 BRL | +5% |
| Bank Propositions Manager | 14,500 BRL | -9% |
| Bank Quantitative Analyst | 10,700 BRL | -33% |
| Bank Regional Manager | 20,200 BRL | +27% |
| Bank Regional Risk Officer | 10,200 BRL | -36% |
| Bank Relationship Manager | 15,800 BRL | -0% |
| Bank Relationship Officer | 6,850 BRL | -57% |
| Bank Sustainability Analyst | 11,300 BRL | -29% |
| Bank Teller | 3,550 BRL | -78% |
| Banker | 7,250 BRL | -54% |
| Banking Business Analyst | 10,700 BRL | -33% |
| Banking Business Development Officer | 6,750 BRL | -57% |
| Banking Business Planning Executive | 15,500 BRL | -2% |
| Banking Data Analyst | 12,500 BRL | -21% |
| Banking Product Manager | 13,600 BRL | -14% |
| Banking Reference Data Manager | 11,300 BRL | -29% |
| Banking Regulatory Compliance Officer | 12,400 BRL | -22% |
| Banking Risk Analyst | 10,100 BRL | -36% |
| Banking Technical Analyst | 5,430 BRL | -66% |
| Bankruptcy Coordinator | 7,560 BRL | -52% |
| Bill and Account Collector | 3,600 BRL | -77% |
| Blockchain Analyst | 8,700 BRL | -45% |
| Blockchain Architect | 10,800 BRL | -32% |
| Blockchain Auditor | 9,260 BRL | -42% |
| Blockchain Compliance Analyst | 9,250 BRL | -42% |
| Blockchain Consultant | 10,400 BRL | -34% |
| Blockchain Trade Facilitator | 8,420 BRL | -47% |
| Budget Analyst | 10,300 BRL | -35% |
| Capital Risk Manager | 20,600 BRL | +30% |
| Cards Marketing Manager | 13,600 BRL | -14% |
| Cash Management Manager | 18,200 BRL | +15% |
| Check Processing Manager | 13,000 BRL | -18% |
| Chief Blockchain Officer | 11,600 BRL | -27% |
| Commercial Vault Associate | 9,900 BRL | -38% |
| Corporate Banker | 7,530 BRL | -53% |
| Corporate Dealer | 11,200 BRL | -29% |
| Credit Analyst | 7,830 BRL | -51% |
| Credit and Collections Manager | 14,600 BRL | -8% |
| Credit Card Fraud Investigator | 10,800 BRL | -32% |
| Credit Portfolio Manager | 20,500 BRL | +29% |
| Credit Risk Analyst | 11,400 BRL | -28% |
| Credit Risk Associate | 11,300 BRL | -29% |
| Cryptocurrency Accountant | 6,990 BRL | -56% |
| Cryptocurrency Adviser | 13,200 BRL | -17% |
| Cryptocurrency Analyst | 9,530 BRL | -40% |
| Cryptocurrency Compliance Manager | 12,600 BRL | -21% |
| Cryptocurrency Trader | 11,000 BRL | -31% |
| Digital Banking Manager | 13,600 BRL | -14% |
| Digital Currency Analyst | 10,300 BRL | -35% |
| Direct Bank Sales Representative | 7,150 BRL | -55% |
| Exchange Control Consultant | 11,500 BRL | -28% |
| Executive Account Analyst | 9,980 BRL | -37% |
| Financial Bank Planning Consultant | 12,900 BRL | -19% |
| Financial Banking Analysis Manager | 15,400 BRL | -3% |
| Financial Banking Assistant | 4,820 BRL | -70% |
| Financial Banking Systems Manager | 14,700 BRL | -7% |
| Foreign Exchange Manager | 15,300 BRL | -4% |
| Fraud Analyst | 11,300 BRL | -29% |
| Fraud Detection Associate | 7,300 BRL | -54% |
| Fraud Detection Manager | 16,000 BRL | +1% |
| Fraud Detection Supervisor | 9,440 BRL | -41% |
| Internal Bank Audit Manager | 18,400 BRL | +16% |
| Internal Bank Auditor | 10,500 BRL | -34% |
| Internal Private Banker | 7,870 BRL | -50% |
| International Banking Manager | 21,400 BRL | +35% |
| Investment Banking Analyst | 14,600 BRL | -8% |
| Loan Analyst | 10,800 BRL | -32% |
| Loan Area Manager | 12,400 BRL | -22% |
| Loan Audit Team Leader | 11,700 BRL | -26% |
| Loan Branch Manager | 12,300 BRL | -23% |
| Loan Business Development Officer | 6,440 BRL | -59% |
| Loan Clerk | 3,640 BRL | -77% |
| Loan Collection and Recovery Manager | 12,700 BRL | -20% |
| Loan Collection Manager | 13,200 BRL | -17% |
| Loan Collector | 3,360 BRL | -79% |
| Loan Examiner | 4,790 BRL | -70% |
| Loan Officer | 4,140 BRL | -74% |
| Loan Processing Manager | 11,500 BRL | -28% |
| Loan Processor | 4,630 BRL | -71% |
| Loan Quality Assurance Auditor | 11,100 BRL | -30% |
| Loan Quality Assurance Manager | 12,000 BRL | -24% |
| Loan Quality Assurance Representative | 7,720 BRL | -51% |
| Loan Review Manager | 12,500 BRL | -21% |
| Loan Team Leader | 10,800 BRL | -32% |
| Loans Manager | 14,500 BRL | -9% |
| Mortgage Advisor | 7,170 BRL | -55% |
| Mortgage Collection Manager | 12,900 BRL | -19% |
| Mortgage Collector | 3,490 BRL | -78% |
| Mortgage Credit Analyst | 5,490 BRL | -65% |
| Mortgage Credit Manager | 12,300 BRL | -23% |
| Mortgage Development Manager | 13,700 BRL | -14% |
| Mortgage Document Reviewer | 4,510 BRL | -72% |
| Mortgage Funding Manager | 14,300 BRL | -10% |
| Mortgage Operations Manager | 17,900 BRL | +13% |
| Mortgage Payment Processing Clerk | 4,220 BRL | -73% |
| Mortgage Processing Manager | 12,200 BRL | -23% |
| Mortgage Processor | 4,650 BRL | -71% |
| Mortgage Quality Assurance Auditor | 10,600 BRL | -33% |
| Mortgage Quality Assurance Manager | 11,700 BRL | -26% |
| Mortgage Servicing Clerk | 3,840 BRL | -76% |
| Mortgage Servicing Manager | 11,800 BRL | -26% |
| Mortgage Underwriter | 4,680 BRL | -71% |
| Online Banking Manager | 17,600 BRL | +11% |
| Open Banking Strategist | 10,800 BRL | -32% |
| Payment Processing Clerk | 3,840 BRL | -76% |
| Personal Banker | 7,600 BRL | -52% |
| Personal Banking Advisor | 7,430 BRL | -53% |
| Phone Banker | 4,860 BRL | -69% |
| Private Banker | 7,580 BRL | -52% |
| Reconciliation and Investigation Specialist | 9,060 BRL | -43% |
| Tax Officer | 6,510 BRL | -59% |
| Teller | 3,580 BRL | -77% |
| Trade Officer | 4,520 BRL | -72% |
| Trade Product Manager | 12,600 BRL | -21% |
| Trader | 5,090 BRL | -68% |
| Treasury Operations Officer | 9,540 BRL | -40% |
| Wealth Management Advisor | 15,900 BRL | +0% |
Salary Comparison By City
| City | Average Salary |
| Brasilia | 15,900 BRL |
| Rio de Janeiro | 16,000 BRL |
| Sao Paulo | 15,600 BRL |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Brazil is 6% on average across all career fields.
| Private Sector | 8,360 BRL | |
| Public Sector | +6% | 8,880 BRL |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Wealth Management Advisor in Brasilia?
A good and competitive compensation would range anywhere between 14,800 BRL and 16,900 BRL. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Wealth Management Advisor in Brasilia ranges from 7,780 BRL to 12,100 BRL. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
