$69,004
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$54k
MEDIAN
$69k
90%
$88k
The average salary for a Private Banker is $69,004 in 2025
Base Salary
$54k - $88k
Bonus
$2k - $50k
Profit Sharing
$0 - $804
Commission
$0 - $25k
Total Pay
$58k - $124k
Is Average Private Banker with Customer Relationship Management (CRM) Skills Salary at Wells Fargo & Co. 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 Do Private Bankers Do?
Private Banker Tasks
- Manage full banking relationships with clients and monitor changing client needs.
- Monitor loan portfolio and resolve loan delinquencies, overdrafts, and loan and deposit maturities.
- Recommend solutions to credit problems, approve loan requests, and assist senior lenders.
Find your market worth – how it works:
Common Health Benefits for a Private Banker
Medical
88%
Dental
88%
Vision
88%
None
13%
Gender Breakdown for Private Bankers
Male
64.3%
Female
35.7%
This data is based on 14 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 $88k / year
What is the lowest pay for Private Bankers?
Our data indicates that the lowest pay for a Private Banker is $54k / 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.