Average Private Banker Salary

$71,991
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 Do Private Bankers Do?

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How do Private Bankers Rate Their Jobs?

3.6 out of 5
(67)
Highly Satisfied
14Reviews
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.

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.