Mid-Career Private Banker Salary

The median total income of Mid-Career Private Bankers is around $76K, and for the average worker in this area, a good chunk of that (close to one-fourth, in fact) comes from commissions. With some bonuses approaching $38K and certain profit sharing proceeds approaching $14K, overall incomes of Mid-Career Private Bankers spread between $47K and $128K depending on individual performance. Residence and the company each impact pay for this group, with the former having the largest influence. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to most. The majority of workers are highly satisfied with their job. Mid-Career Private Bankers who participated in the survey are largely men, dominating at 64 percent. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$36,771 - $101,149
$37K
$64K
$100K
MEDIAN: $63,949
10%
50%
90%

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$14.90 - $28.90
$15
$18
$29
MEDIAN: $18.17
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$36,771 - $101,149  
   
Bonus
$1,010 - $38,251  
Profit Sharing
$1,011 - $13,500  
Commission
$10,045 - $50,020  
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).
)
$46,943 - $127,804  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 142
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$14.90 - $28.90  
   
Overtime
$31.20  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$1,010 - $38,251  
   
Commission
$10,045 - $50,020  
Profit Sharing
$1,011 - $13,500  
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).
)
$46,943 - $127,804  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 22

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Popular Employer Salaries for Private Banker


For Mid-Career Private Bankers, comfortable salaries can be found at Wells Fargo Bank; in fact, average earnings are around $86K, the highest in the area, though the difference in the company's lowest and highest employee paychecks ($51K versus $129K) is great.

J.P. Morgan Chase & Co. (JPMCC) offers the lowest pay, with a median salary of just $59K. The pay scale doesn't vary widely, either; compensation ranges from $35K to $95K.

Key Stats for Private Banker

Gender

Female
36 %
Male
64 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 24 votes.
5-9 years
73%
10-19 years
27%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Private Banker Salaries

Investment Planning
▲27%

Sales
▲12%

Banking
▲12%

Customer Relationship Management (CRM)
▲10%

National Average
$76,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 24 votes.

Gender

Female
36 %
Male
64 %

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 88%
vision benefits
Vision: 82%
dental benefits
None: 5%
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