Bank of America Private Bank Salary

How Much Does Bank of America Private Bank Pay?BETA

The estimated salary range of the Financial Services industry where Bank of America Private Bank is located is between $102,558 and $132,755, and its average salary is about $117,009. The company's revenue is about $10M - $50M, and its salary level is estimated to be slightly higher than that of the same industry. In the long run, the future development is better, and the competitiveness is higher compared to companies in the same industry. Individual salaries vary by job title, department, and location, as well as by the employee's level of education, certifications, and other skills. For example, an Administrative Assistant at Bank of America Private Bank is paid between $51,644 and $62,972 per year. Executives or management will also be paid more. There is also a huge difference in salary for each position. Get Pay Right and Achieve Pay Equity are critical to finding and retaining the right talent.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

View salary at Bank of America Private Bank by Job Title BETA

The average salary of Bank of America Private Bank jobs will vary depending on the location, industry, category, and department. The table below shows the job titles you might be interested in and the salary range of different positions at Bank of America Private Bank. A difference in pay for the same job title may be based on a number of factors, such as experience, training, level of education, skills and competencies, and so on. 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.

The estimate average salary for Bank of America Private Bank employees is around $117,009 per year, or the hourly rate of Bank of America Private Bank rate is $56. The highest earners in the top 75th percentile are paid over $132,755. Individual salaries will vary depending on the job, department, and location, as well as the employee’s level of education, certifications, and additional skills.

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
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Most Common Benefits for Bank of America Private Bank

Aside from the base salary, Bank of America Private Bank offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Bank of America Private Bank

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Bank of America Private Bank ’s peer companies.
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
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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.