▼27%
$71,991
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$42k
MEDIAN
$72k
90%
$133k
The average salary for a Private Banker is $71,991 in 2023
Base Salary
$42k - $133k
Bonus
$3k - $44k
Profit Sharing
$492 - $17k
Commission
$9k - $67k
Total Pay
$48k - $152k
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What is the Pay by Experience Level for Private Bankers?
What Do Private Bankers Do?
Find your market worth – how it works:
How do Private Bankers Rate Their Jobs?
Based on 67 responses, the job of Private Banker has received a job satisfaction rating of 3.59 out of 5. On average, Private Bankers are highly satisfied with their job.
Common Health Benefits for a Private Banker
Medical
89%
Dental
87%
Vision
81%
None
11%
Gender Breakdown for Private Bankers
Male
54.4%
Female
43.9%
Prefer to self-define
1.8%
This data is based on 171 survey responses. Learn more about the gender pay gap.
FAQs About Private Bankers
What is the highest pay for Private Bankers?
Our data indicates that the highest pay for a Private Banker is $133k / year
What is the lowest pay for Private Bankers?
Our data indicates that the lowest pay for a Private Banker is $42k / year
How can Private Bankers increase their salary?
Increasing your pay as a Private Banker is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Private Banker that oversees more junior Private Bankers, this experience can increase the likelihood to earn more.