▼23%
$68,047
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$42k
MEDIAN
$68k
90%
$109k
The average salary for a Private Banker is $68,047 in 2025
Base Salary
$42k - $109k
Bonus
$3k - $33k
Profit Sharing
$483 - $10k
Commission
$10k - $81k
Total Pay
$52k - $124k
Is Average Mid-Career Private Banker Salary 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?
EXPLORE BY:
Featured Content
‹
Remote Work
New research shows how to set pay for remote employees
Gender Pay Gap
New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.
Compensation Best Practices Report
From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation.
Salary Budget Survey Report
See how organizations are shifting their salary budgets this year.
Retention Report
Get strategies you can use to retain top talent and learn how impactful employee retention really is.
Variable Pay Playbook
Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices.
›
What is the Pay by Experience Level for Private Bankers?
What Do Private Bankers Do?
Find your market worth – how it works:
Common Health Benefits for a Private Banker
Medical
79%
Dental
79%
Vision
74%
None
19%
Gender Breakdown for Private Bankers
Male
54.2%
Female
45.8%
This data is based on 48 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 $109k / year
What is the lowest pay for Private Bankers?
Our data indicates that the lowest pay for a Private Banker is $42k / 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.