Average Entry-Level Private Banker Salary

$52,560
Avg. Base Salary (USD)
10%
$39k
MEDIAN
$53k
90%
$82k

The average salary for a Private Banker is $52,560 in 2025

Base Salary
$39k - $82k
Bonus
$10k - $44k
Profit Sharing
$0 - $3k
Commission
$0 - $11k
Total Pay
$32k - $96k
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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 $82k / 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.