▼11%
$82,876
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$69k
MEDIAN
$83k
90%
$91k
The average salary for a Private Banker is $82,876 in 2025
Base Salary
$69k - $91k
Bonus
$3k - $35k
Profit Sharing
$784 - $3k
Commission
$4k - $12k
Total Pay
$71k - $99k
Is Average Private Banker Salary at Wells Fargo Bank your job title? Find out what you should be paid
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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
92%
Dental
92%
Vision
81%
None
8%
Gender Breakdown for Private Bankers
Male
69.6%
Female
30.4%
This data is based on 23 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 $91k / year
What is the lowest pay for Private Bankers?
Our data indicates that the lowest pay for a Private Banker is $69k / 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.