How much does a Private Banker make?

Updated May 6, 2021

Industry

Employer Size

Experience

$84,679 /yr
Average Base Pay

208 salaries

$46K

Low

$85K

Average

$155K

High

No additional cash compensation has been reported for this role

The national average salary for a Private Banker is $84,679 in United States. Filter by location to see Private Banker salaries in your area. Salary estimates are based on 208 salaries submitted anonymously to Glassdoor by Private Banker employees.

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Salaries by Company

Location

or

Find a Specific Employer

Sort:

Company

Average Base Salary in (USD)

Range

Citi
3.9

Citi

Private Banker

$113,156

 /yr
Range: $66K - $159K
38 salaries
See 20 salaries from all locations

$66K

$159K

$65,834 - $159,470 Range

First Horizon
3.6

First Horizon

Private Banker

$65,090

 /yr
Range: $57K - $73K

$57K

$73K

$56,927 - $72,920 Range

First Horizon

First Horizon

Private Banker

$61,199

 /yr
Range: $56K - $68K

$56K

$68K

$56,170 - $68,243 Range

BBVA
3.7

BBVA

Private Banker

$48,601

 /yr
Range: $35K - $120K

$35K

$120K

$34,510 - $120,000 Range

Marsh
3.8

Marsh

Private Banker

$77,394

 /yr
Range: $72K - $97K

$72K

$97K

$71,813 - $96,772 Range

Union Bank
3.3

Union Bank

Private Banker

$97,164

 /yr
Range: $55K - $159K

$55K

$159K

$54,898 - $158,631 Range

Marsh McLennan
3.9

Marsh McLennan

Private Banker

$78,608

 /yr
Range: $72K - $98K

$72K

$98K

$72,137 - $97,583 Range

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BMO Financial Group
3.8

BMO Financial Group

Private Banker

$118,243

 /yr
Range: $94K - $143K

$94K

$143K

$94,248 - $142,953 Range

BNY Mellon
3.5

BNY Mellon

Private Banker

$72,518

 /yr
Range: $67K - $75K

$67K

$75K

$67,027 - $74,853 Range

U.S. Bank
3.7

U.S. Bank

Private Banker

$76,627

 /yr
Range: $38K - $108K

$38K

$108K

$37,908 - $108,000 Range

Citizens
3.6

Citizens

Private Banker

$78,837

 /yr
Range: $72K - $107K

$72K

$107K

$72,062 - $106,700 Range

Bank of the West
3.5

Bank of the West

Private Banker

$71,977

 /yr
Range: $68K - $80K

$68K

$80K

$67,840 - $80,340 Range

BB&T
3.6

BB&T

Private Banker

$67,278

 /yr
Range: $42K - $86K

$42K

$86K

$41,690 - $85,716 Range

Bank Hapoalim
3.6

Bank Hapoalim

Private Banker

$114,974

 /yr
Range: $97K - $178K

$97K

$178K

$96,686 - $177,742 Range

Comerica
4

Comerica

Private Banker

$88,357

 /yr
Range: $74K - $103K

$74K

$103K

$74,160 - $102,762 Range

Wachovia
3.8

Wachovia

Private Banker

$102,174

 /yr
Range: $68K - $139K

$68K

$139K

$67,930 - $139,500 Range

First Western Financial
2.9

First Western Financial

Private Banker - Hourly

$25

 /hr
Range: $25 - $37

$25

$37

$25 - $37 Range

SunTrust
3.7

SunTrust

Private Banker

$104,996

 /yr
Range: $98K - $137K

$98K

$137K

$98,411 - $137,165 Range

Northern Trust
3.9

Northern Trust

Private Banker

$75,648

 /yr
Range: $63K - $109K

$63K

$109K

$63,486 - $108,594 Range

BMO Harris Bank
3.7

BMO Harris Bank

Private Banker

$114,374

 /yr
Range: $83K - $155K

$83K

$155K

$83,248 - $155,228 Range

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Frequently asked questions about Private Banker salaries

The average salary for a Private Banker is $84,679 in United States. Salaries estimates are based on 208 salaries submitted anonymously to Glassdoor by Private Banker employees in United States.

The highest salary for a Private Banker in United States is $155,149 per year.

The lowest salary for a Private Banker in United States is $46,217 per year.

If you are thinking of becoming a Private Banker or planning the next step in your career, find out in our Career hub the career path and salary trajectory of a Private Banker.

See how your offer stacks up to other pay packages and negotiate confidently on our Offer Analyzer.

Recent Salary Reports

Below are the most recent private banker salary reports. Employer name has been removed to protect anonymity.

$150,000
per year
A Private Banker in the Boston, MA Area area reported making $150,000 per year
Additional Pay
$175k cash bonus
Job Highlights
10+ years experience
Boston, MA Area area
Full-time
 
10000+ employees
Company - Public
$49,000
per year
A Private Client Banker in the New York City, NY Area area reported making $49,000 per year
Additional Pay
$100k commissions
Job Highlights
1-2 years experience
New York City, NY Area area
Full-time
 
10000+ employees
Subsidiary or Business Segment
$105,000
per year
A Private Banker in the Baltimore, MD Area area reported making $105,000 per year
Additional Pay
$45k cash bonus
Job Highlights
10+ years experience
Baltimore, MD Area area
Full-time
 
1001 to 5000 employees
Company - Public
$18
hourly
A Private Client Banker in the Miami-Fort Lauderdale, FL Area area reported making $18 per hour
Additional Pay
$60k commissions
Job Highlights
10+ years experience
Miami-Fort Lauderdale, FL Area area
Full-time
 
10000+ employees
Subsidiary or Business Segment
$36,000
per year
A Private Client Banker in the Miami-Fort Lauderdale, FL Area area reported making $36,000 per year
Additional Pay
$15k commissions
Job Highlights
3-4 years experience
Miami-Fort Lauderdale, FL Area area
Full-time
 
10000+ employees
Subsidiary or Business Segment
$42,000
per year
A Private Client Banker in the Phoenix, AZ Area area reported making $42,000 per year
Additional Pay
$35k cash bonus
Job Highlights
10+ years experience
Phoenix, AZ Area area
Full-time
 
10000+ employees
Company - Public