How much does a Private Banker make?

Updated Nov 16, 2023

Experience

Industry

Total Pay Range
$184K - $340K/yr
Base Pay
$96K - $177K/yr
Additional Pay
$88K - $164K/yr

$245K

/yr
$184K$340K
Most Likely Range

The estimated total pay for a Private Banker is $244,993 per year in the United States area, with an average salary of $128,195 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $116,797 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.

How accurate is this most likely Total Pay range (base + additional) of $184K-$340K/yr?

Top Paying Companies

For a Private Banker in United States

Below is the total pay for the top 10 highest paying companies for a Private Banker in United States. Employers include First Republic, Morgan Stanley and JPMorgan Chase & Co.

1
First Republic
First Republic
$275,556/yr
2
Morgan Stanley
$246,228/yr
39 open jobs
4
J.P. Morgan
$231,081/yr
7
Citi
$225,790/yr
See pay for all companies for a Private Banker in United StatesView data as table

Top Paying Companies

For Private Banker in United States

1First Republic$275,556
2Morgan Stanley$246,228
3JPMorgan Chase & Co$231,846
4J.P. Morgan$231,081
5Bank of America$227,841
6Wells Fargo$227,235
7Citi$225,790
8Union Bank$220,837
9Northern Trust$219,653
10Santander$216,098

What are total pay estimates for a Private Banker at different companies?

or
Sort:
Company
Jobs
Total Pay Range
JPMorgan Chase & Co
4
Private BankerSee 64 salaries from all locations

$231,846

 / yr
Wells Fargo
3.6
Private BankerSee 43 salaries from all locations

$227,235

 / yr
Chase
3.8
Private BankerSee 23 salaries from all locations

$215,702

 / yr
Citi
3.9
Private BankerSee 20 salaries from all locations

$225,790

 / yr
Bank of America
4
Private BankerSee 13 salaries from all locations

$227,841

 / yr
Morgan Stanley
3.9
Private BankerSee 12 salaries from all locations

$246,228

 / yr
Union Bank
4
Private BankerSee 9 salaries from all locations

$220,837

 / yr

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J.P. Morgan
4
Private BankerSee 8 salaries from all locations

$231,081

 / yr
First Republic
4.4
Private BankerSee 7 salaries from all locations

$275,556

 / yr
First Western Financial
3.5
Private BankerSee 7 salaries from all locations

$197,642

 / yr
U.S. Bank
3.7
Private BankerSee 7 salaries from all locations

$184,525

 / yr
Santander
3.7
Private BankerSee 5 salaries from all locations

$216,098

 / yr
Arvest Bank
3.9
Private BankerSee 5 salaries from all locations

$160,223

 / yr
Fifth Third
3.7
Private BankerSee 5 salaries from all locations

$204,273

 / yr
Northern Trust
3.9
Private BankerSee 5 salaries from all locations

$219,653

 / yr
PNC Financial Services Group
3.5
Private BankerSee 5 salaries from all locations

$180,864

 / yr
City National Bank
3.7
Private BankerSee 4 salaries from all locations

$224,163

 / yr
Regions Financial
3.6
Private BankerSee 4 salaries from all locations

$165,875

 / yr
Huntington National Bank
3.7
Private BankerSee 4 salaries from all locations

$220,230

 / yr
BB&T
3.4
Private BankerSee 4 salaries from all locations

$162,852

 / yr
Download as data table

Private Banker Salaries

Job TitleSalary
JPMorgan Chase & Co Private Banker salaries - 64 salaries reported$231,846/yr
Wells Fargo Private Banker salaries - 43 salaries reported$227,235/yr
Chase Private Banker salaries - 23 salaries reported$215,702/yr
Citi Private Banker salaries - 20 salaries reported$225,790/yr
Bank of America Private Banker salaries - 13 salaries reported$227,841/yr
Morgan Stanley Private Banker salaries - 12 salaries reported$246,228/yr
Union Bank Private Banker salaries - 9 salaries reported$220,837/yr
J.P. Morgan Private Banker salaries - 8 salaries reported$231,081/yr
First Republic Private Banker salaries - 7 salaries reported$275,556/yr
First Western Financial Private Banker salaries - 7 salaries reported$197,642/yr
U.S. Bank Private Banker salaries - 7 salaries reported$184,525/yr
Santander Private Banker salaries - 5 salaries reported$216,098/yr
Arvest Bank Private Banker salaries - 5 salaries reported$160,223/yr
Fifth Third Private Banker salaries - 5 salaries reported$204,273/yr
Northern Trust Private Banker salaries - 5 salaries reported$219,653/yr
PNC Financial Services Group Private Banker salaries - 5 salaries reported$180,864/yr
City National Bank Private Banker salaries - 4 salaries reported$224,163/yr
Regions Financial Private Banker salaries - 4 salaries reported$165,875/yr
Huntington National Bank Private Banker salaries - 4 salaries reported$220,230/yr
BB&T Private Banker salaries - 4 salaries reported$162,852/yr
Viewing 1 - 20 of 120

Top Paying Industries

For a Private Banker in United States

The top paying industry for a Private Banker in United States is Financial Services with a median total pay of $220,245.

IndustryTotal PayTotal Pay Insight
  • Financial ServicesFinancial Services$220,245

    0% Lower than other industries

Financial Services

Top paying companies in Financial Services for Private Banker are First Republic, Morgan Stanley, and JPMorgan Chase & Co.

First RepublicFirst Republic$275,556/yr
Morgan StanleyMorgan Stanley$246,228/yr

Glassdoor Economist Pay Overview

What is the pay outlook for Retail & Food Services?

Job openings are high in retail and food services as more Americans spend money at stores and restaurants. While retail and food services wages are lower than the national average, wage growth is higher. Jobs in retail and food services generally require little formal education or training, making these jobs accessible to most job seekers.

Recent Salaries Shared

For private banker

Salary Share
Anonymously share your pay to help the community

Job Title

Location

Total Pay

Base Pay | Additional Pay

Total Years of Experience

Years at Recent Employer

Submitted

Date or Time

Private Client Banker

United States of America

 | 4-6 years

$100,000

/yr

$50K | $50K

Submitted Yesterday

4-6 years
Yesterday
Private Client Banker

United States of America

 | 7-9 years

$135,000

/yr

$50K | $85K

Submitted Yesterday

7-9 years
Yesterday
Private Client Banker

United States of America

 | 4-6 years

$75,000

/yr

$50K | $25K

Submitted Yesterday

4-6 years
Yesterday
Private Client Banker

United States of America

 | 1-3 years

$81,000

/yr

$58K | $23K

Submitted 2 days ago

1-3 years
2 days ago
Private Banker

United States of America

 | 15+ years

$250,000

/yr

$170K | $80K

Submitted 2 days ago

15+ years
2 days ago
Private Banker

United States of America

 | 10-14 years

$200,000

/yr

$150K | $50K

Submitted 2 days ago

10-14 years
2 days ago
Chase Private Client Banker

United States of America

 | 1-3 years

$75,000

/yr

$55K | $20K

Submitted 2 days ago

1-3 years
2 days ago
Private Client Banker

United States of America

 | 4-6 years

$191,000

/yr

$47K | $144K

Submitted 2 days ago

4-6 years
2 days ago
Private Client Banker

United States of America

 | 4-6 years

$74,000

/yr

$47K | $27K

Submitted 3 days ago

4-6 years
3 days ago

Private Banker pay FAQ

The average salary for a Private Banker is $244,993 per year in United States. Salaries estimates are based on 385 salaries submitted anonymously to Glassdoor by a Private Banker employees in United States.

The highest salary for a Private Banker in United States is $340,187 per year.

The lowest salary for a Private Banker in United States is $183,745 per year.

If you are thinking of becoming a Private Banker or planning the next step in your career, find details about the role, the career path and salary trajectory of a Private Banker.

Additional Resources

Private Banker Job Description Template

Salaries

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private banker