Average Mid-Career Private Banker Salary

$74,844
Avg. Base Salary (USD)
10%
$48k
MEDIAN
$75k
90%
$112k

The average salary for a Private Banker is $74,844 in 2025

Base Salary
$48k - $112k
Bonus
$2k - $31k
Profit Sharing
$1k - $5k
Commission
$6k - $84k
Total Pay
$52k - $129k
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FAQs About Private Bankers

What is the highest pay for Private Bankers?

Our data indicates that the highest pay for a Private Banker is $112k / year

What is the lowest pay for Private Bankers?

Our data indicates that the lowest pay for a Private Banker is $48k / 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.