▲6%
$42,520
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$39k
MEDIAN
$43k
90%
$60k
The average salary for a Private Banker is $42,520 in 2025
Base Salary
$39k - $60k
Bonus
$12k - $19k
Commission
$11k - $35k
Total Pay
$41k - $79k
Is Average Early-Career Private Banker Salary at J.P. Morgan Chase & Co. (JPMCC) your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
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What is the Pay by Experience Level for Private Bankers?
▲19%
What Do Private Bankers Do?
Find your market worth – how it works:
Common Health Benefits for a Private Banker
Medical
81%
Dental
81%
Vision
81%
None
19%
Gender Breakdown for Private Bankers
Male
58.3%
Female
41.7%
This data is based on 12 survey responses. Learn more about the gender pay gap.
FAQs About Private Bankers
What is the highest pay for Private Bankers?
Our data indicates that the highest pay for a Private Banker is $60k / year
What is the lowest pay for Private Bankers?
Our data indicates that the lowest pay for a Private Banker is $39k / 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.