Home > Salary > Australia > Private Wealth Manager
A private wealth manager is a financial professional who assists high-net-worth individuals and families in managing their wealth and achieving their financial goals. They provide personalized investment advice, develop comprehensive financial plans, and offer tailored solutions to help clients grow and protect their assets. Private wealth managers have extensive knowledge of various investment options, including stocks, bonds, real estate, and alternative investments, and they work closely with clients to create diversified portfolios that align with their risk tolerance and objectives. They also provide guidance on estate planning, tax strategies, and philanthropic endeavors.
Estimated Yearly Salary: 240,477 AUD
Estimated Monthly Salary: 20,040 AUD
Estimated Weekly Salary: 4,625 AUD per week
Estimated Hourly Salary: 116 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 19,322 AUD
Estimated Weekly Salary: 4,459 AUD per week
Estimated Hourly Salary: 111 AUD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 119,861 USD
Estimated Monthly Salary: 9,988 USD
Estimated Weekly Salary: 2,305 USD per week
Estimated Hourly Salary: 58 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 240,477 AUD
Estimated Monthly Salary: 20,040 AUD
Estimated Weekly Salary: 4,625 AUD per week
Estimated Hourly Salary: 116 AUD per hour
By working as Private Wealth Manager a person can save up to 7,571 USD per month or 90,855 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Estimated Yearly Salary for Private Wealth Manager
Last revision of data: 2025-01-04
Data as of 2025
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Private Wealth Manager salary in Australia
Average Yearly Salary of Private Wealth Manager in Australia is approximately 240,477 AUD (119,861 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Private Wealth Manager do?
A private wealth manager is a financial professional who assists high-net-worth individuals and families in managing their wealth and achieving their financial goals. They provide personalized investment advice, develop comprehensive financial plans, and offer tailored solutions to help clients grow and protect their assets. Private wealth managers have extensive knowledge of various investment options, including stocks, bonds, real estate, and alternative investments, and they work closely with clients to create diversified portfolios that align with their risk tolerance and objectives. They also provide guidance on estate planning, tax strategies, and philanthropic endeavors.Skills: Wealth management, Investment advisory, Financial planning, High-net-worth clients, Asset management, Estate planning
Job industry: Finance
Job industry: Finance
How much does Private Wealth Manager make?
Salary details
How much does Private Wealth Manager make?Estimated Yearly Salary: 240,477 AUD
Estimated Monthly Salary: 20,040 AUD
Estimated Weekly Salary: 4,625 AUD per week
Estimated Hourly Salary: 116 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 231,858 AUDEstimated Monthly Salary: 19,322 AUD
Estimated Weekly Salary: 4,459 AUD per week
Estimated Hourly Salary: 111 AUD per hour
Last revision of data: 2024-01-07Private Wealth Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 119,861 USD
Estimated Monthly Salary: 9,988 USD
Estimated Weekly Salary: 2,305 USD per week
Estimated Hourly Salary: 58 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Private Wealth Manager job salary compared to average salary in Australia.
Comparison shows that a person working as Private Wealth Manager in Australia earns on average:
2.86 times the average salary (or 286% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Private Wealth Manager job salary compared to average salary in Australia.
Comparison shows that a person working as Private Wealth Manager in Australia earns on average:
2.86 times the average salary (or 286% of average salary).
Is Private Wealth Manager a well paid job?
Yes, our data show that Private Wealth Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Private Wealth Manager?
High salary for Private Wealth Manager would be somewhere between 264,525 AUD and 348,692 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Private Wealth Manager in Australia?
Living in Australia the approximate monthly expenses are: 2,417 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 240,477 AUD
Estimated Monthly Salary: 20,040 AUD
Estimated Weekly Salary: 4,625 AUD per week
Estimated Hourly Salary: 116 AUD per hour
By working as Private Wealth Manager a person can save up to 7,571 USD per month or 90,855 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Private Wealth Manager
Indonesia is 21,069 USD
East Timor is 89,009 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Australia
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Data as of 2025Random salary:
Photographer sports (55,558 AUD per year, pre-tax.)
Packer packager hand (61,916 AUD per year, pre-tax.)
Health safety advisor (176,528 AUD per year, pre-tax.)
Bending machine operator (40,909 AUD per year, pre-tax.)
Operations manager retail (140,948 AUD per year, pre-tax.)
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