Mid-Career Private Banker Salary

On average, commissions constitute a fair portion (nearly one in four) of final income for Mid-Career Private Bankers. That final number averages out to $83K across the industry. Cash earnings for Mid-Career Private Bankers — which occasionally include more than $40K from bonuses and more than $15K from profit sharing — stretch from around $51K to approximately $132K. The particular firm and the particular city each impact pay for this group, with the former having the largest influence. Almost all claim medical and dental insurance and a large number get vision coverage. Male Mid-Career Private Bankers are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Most people in this profession are content with their work, and moderate levels of job satisfaction are reported. The information for this snapshot was generated by responses to the PayScale salary survey.
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$37,720 - $108,222
$38K
$68K
$110K
MEDIAN: $67,572
10%
50%
90%

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$15.01 - $30.59
$15
$18
$31
MEDIAN: $17.80
10%
50%
90%

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$0$134K
Salary $37,720 - $108,222
Bonus $1,450 - $39,806
Profit Sharing $100.67 - $14,681
Commission $10,000 - $49,617
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$49,483 - $134,656
  • Country: United States
  • Currency: USD
  • Updated: 15 Sep 2017
  • Individuals Reporting: 160
Hourly Data $0$60
Hourly Rate $15.01 - $30.59
Overtime $22.15 - $60.89
Annual Data $0$134K
Bonus $1,450 - $39,806
Commission $10,000 - $49,617
Profit Sharing $100.67 - $14,681
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$49,483 - $134,656
  • Country: United States
  • Currency: USD
  • Updated: 15 Sep 2017
  • Individuals Reporting: 20

Find Out Exactly What You Should Be Paid

United States (change)

Private Banker Job Listings

Popular Employer Salaries for Private Banker


Although Wells Fargo Bank heads up the field in terms of compensation, offering the highest median salary at $92K, pay at this particular employer still varies considerably, running the full spectrum from $54K to $132K.

The consistently lowest paying firm is Chase Bank, where the median salary is just $61K. There isn't much variation there, either; the pay scale ranges only from $49K to $89K.

Key Stats for Private Banker

Gender

Female
25 %
Male
75 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 33 votes.
5-9 years
76%
10-19 years
24%
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Location:
Years in Fields/Career:
United States (change)

Skills That Affect Private Banker Salaries

Investment Planning
▲23%

▲11%


Banking
▲9%

National Average
$79,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 33 votes.

Gender

Female
25 %
Male
75 %

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 90%
vision benefits
Vision: 87%
no benefits
None: 5%
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