Private Banker salary in United States

Average Yearly Salary of Private Banker in United States is approximately 80,863 USD (81,108 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 Banker do?

A private banker is a financial professional who provides personalized banking and investment services to high-net-worth individuals, families, and businesses. They work closely with their clients to understand their financial goals, assess their risk tolerance, and develop comprehensive wealth management strategies. Private bankers offer a range of services, including managing investments, providing credit and lending solutions, assisting with estate planning, and offering tax advice. They also act as a liaison between their clients and other financial professionals, such as lawyers and accountants, to ensure all aspects of their financial affairs are well-coordinated.

Skills: private banking, wealth management, investment advisory, financial planning, high-net-worth clients, personalized banking services.
Job industry: Finance

How much does Private Banker make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Private Banker a well paid job?

Yes, our data shows that Private Banker is a 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 Banker?

High salary for Private Banker would be somewhere between 88,949 USD and 117,251 USD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Private Banker in United States?

Living in United States the approximate monthly expenses are: 2,280 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: 80,863 USD
Estimated Monthly Salary: 6,739 USD
Estimated Weekly Salary: 1,555 USD per week
Estimated Hourly Salary: 39 USD per hour
By working as Private Banker a person can save up to 4,479 USD per month or 53,748 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 United States, see costs of living in United States.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Canada, Mexico.
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 Banker

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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