Bank of America Private Bank Salary
How Much Does Bank of America Private Bank Pay?BETA
As of April 2025, the average annual salary for employees at Bank of America Private Bank in the United States is $117,009. This translates to an approximate hourly wage of $56. Salaries at Bank of America Private Bank typically range from $102,558 to $132,755 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Bank of America Private Bank, A Managing Director is among the highest earners, with an average salary of approximately $905,752 per year. Conversely, the lowest-paid position is Administrative Assistant, earning around $57,151 annually. Explore this page further for more salary and benefits information at Bank of America Private Bank.
How Much Does Bank of America Private Bank Pay for Different Roles?BETA
At Bank of America Private Bank, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.
It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, Managing Director positions at Bank of America Private Bank offer the highest average annual salary of $905,752, while Administrative Assistant roles have an average annual salary of $57,151.
| JOB TITLE | SALARY RANGE | AVERAGE SALARY | COMPANY NAME |
|---|---|---|---|
| Managing Director | $690,730 - $1,145,367 | $905,752 | Bank of America Private Bank |
| Managing Director Market Leader | $195,416 - $248,791 | $222,127 | Bank of America Private Bank |
| Wealth Strategist | $112,699 - $145,430 | $135,093 | Bank of America Private Bank |
| Portfolio Manager | $108,978 - $148,669 | $126,298 | Bank of America Private Bank |
| Banking Officer | $83,364 - $121,654 | $95,266 | Bank of America Private Bank |
| Trust Officer II | $83,785 - $108,604 | $95,168 | Bank of America Private Bank |
| Wealth Management Analyst | $77,617 - $112,286 | $93,250 | Bank of America Private Bank |
| Summer Analyst | $77,795 - $93,625 | $85,241 | Bank of America Private Bank |
| Private Bank Associate | $72,108 - $96,676 | $84,863 | Bank of America Private Bank |
| Trust Officer | $60,207 - $77,471 | $71,222 | Bank of America Private Bank |
| Trust Officer I | $60,207 - $77,471 | $71,222 | Bank of America Private Bank |
| Assistant Vice President | $61,875 - $75,469 | $68,719 | Bank of America Private Bank |
Thanks for your feedback!
Bank of America Private Bank Overview
Most Common Benefits for Bank of America Private Bank
Get an estimated calculation of how much you should be earning and insight into your career options.
Job Openings at Bank of America Private Bank
Similar Company Salary
| BeachBank Fort Walton Beach, FL | $76,222 - $98,661 Company Salary Range | $86,958 Average Company Salary |
| MBT Bancshares Metairie, LA | $83,498 - $108,075 Company Salary Range | $95,269 Average Company Salary |
| Apex Bank Camden, TN | $76,809 - $99,417 Company Salary Range | $87,622 Average Company Salary |
| Capitec Bank South Africa Birmingham, AL | $81,143 - $105,026 Company Salary Range | $92,580 Average Company Salary |
| The Bank of New York Mellon Trust Company , NA Office Address Chestnut Hill, MA | $95,017 - $122,988 Company Salary Range | $108,402 Average Company Salary |
| Bank Of New York Trust Company, National Association Tempe, AZ | $83,975 - $108,696 Company Salary Range | $95,807 Average Company Salary |
| Moody National Bank, Banking Center Pasadena, TX | $88,300 - $114,281 Company Salary Range | $100,733 Average Company Salary |
| The Toronto-Dominion Bank Edmonton, | $86,348 - $111,757 Company Salary Range | $98,508 Average Company Salary |
| Trust One Bank Memphis, TN | $78,706 - $101,880 Company Salary Range | $89,795 Average Company Salary |
FAQs About Bank of America Private Bank Company
1. How much does Bank of America Private Bank in the United States pay?
Bank of America Private Bank pays its employees an average of $117,009 per year. The average salary at Bank of America Private Bank range from $102,558 to $132,755 per year. Managing Director jobs at Bank of America Private Bank earn the most with an average annual salary of $905,752, while Administrative Assistant jobs earn the least with an average annual salary of $57,151.
2. Do Bank of America Private Bank employees get a higher salary than other similar companies?
The salary at Bank of America Private Bank is higher than The Bank of New York Mellon Trust Company , NA Office Address. The highest salary package reported for an employee at Bank of America Private Bank is $132,755 per year, meanwhile the highest salary package reported for an employee at The Bank of New York Mellon Trust Company , NA Office Address is $122,988 per year.
3. How much does Bank of America Private Bank pay compared to The Bank of New York Mellon Trust Company , NA Office Address?
The average annual salary at Bank of America Private Bank is $117,009, or an hourly wage of $56, in comparison to The Bank of New York Mellon Trust Company , NA Office Address which pays $108,402 per year or $52 per hour.
4. Which job skills can boost a Wealth Management Analyst salary at Bank of America Private Bank?
Wealth Management, Planning and Commitment are key to a Wealth Management Analyst job at Bank of America Private Bank. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Bank of America Private Bank.
5. What is the lowest salary at Bank of America Private Bank?
The lowest paying job at Bank of America Private Bank is Administrative Assistant with an annual salary of $57,151 or an hourly rate of $56.