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As of August 01, 2026, the average salary for a Private Client Banker I in California is $84,600 per year, which breaks down to an hourly rate of $41.
However, a Private Client Banker I's salary can vary significantly. Here’s a look at the typical salary range:
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Private Client Banker I Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $93,200 | $7,767 | $1,792 | $45 |
| Average | $84,600 | $7,050 | $1,627 | $41 |
| 25th Percentile | $72,600 | $6,050 | $1,396 | $35 |
Chase - Torrance, CA
Chase - Ramona, CA
JPMorgan Chase - Manhattan Beach, CA
JPMorgan Chase - La Jolla, CA
A Private Client Banker I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Private Client Banker I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Private Client Banker I | 0-2 years | $84,565 |
| Private Client Banker II | 2-4 years | $95,430 |
| Private Client Banker III | 4-7 years | $113,310 |
| Private Client Banker IV | 7+ years | $149,548 |
| Affluent Client Banking Senior Manager | 7+ years | $201,279 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Private Client Banker Is. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Private Client Banker I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $90,135. While startup companies pay approximate $76,537.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $76,537 |
| Growth Stage | 51~500 | $80,881 |
| Established | 501~5000 | $87,121 |
| Enterprise | 5000+ | $90,135 |
For Private Client Banker I roles, the industry you choose can impact your earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 30% above the average. Conversely, Private Client Banker positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view Private Client Banker I as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $109,980 | $53.0 | 30% |
Understanding how a Private Client Banker I's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $93,200 | $7,767 | $1,792 | $45 |
| Average | $84,600 | $7,050 | $1,627 | $41 |
| 25th Percentile | $72,600 | $6,050 | $1,396 | $35 |
Promotions are the fastest way to increase your earnings. As a Private Client Banker I, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Wealth Management Advisor II | $81,700 | -3% |
| Private Client Banker II | $95,500 | 13% |
Ready to take the next step in your career? Browse thousands of current Private Client Banker I job openings on our job board. Use the search bar below to find your perfect match.
Sunflower Bank, N.A.
San Diego, CA
Sunflower Bank, N.A. | San Diego, CA
Job Description. Job Description. Description. At Sunflower Bank, N.A., we’re experiencing great growth. Since our founding in 1892, we've been committed t... more
2 Days Ago
Sunflower Bank, N.A.
Irvine, CA
Sunflower Bank, N.A. | Irvine, CA
Job Description. Job Description. Description. At Sunflower Bank, N.A., we’re experiencing great growth. Since our founding in 1892, we've been committed t... more
2 Days Ago
Wells Fargo
Concord, CA
Wells Fargo | Concord, CA
Job Title. Wells Fargo is seeking a. Job Description. In this role, you will. Participate in soliciting residential mortgages from various sources. Produce... more
4 Days Ago
Morgan Stanley
Pasadena, CA
Morgan Stanley | Pasadena, CA
International Private Banker. Morgan Stanley ("MS") is a global financial services firm that conducts its business through three principal business segment... more
4 Days Ago
Wells Fargo
Alameda, CA
Wells Fargo | Alameda, CA
CA-WA Private Mortgage Banker (SAFE). Wells Fargo is seeking a CA-WA Private Mortgage Banker (SAFE) in Consumer Lending as part of Home Lending. Learn more... more
5 Days Ago
ROEN
San Francisco, CA
ROEN | San Francisco, CA
The Opportunity. ROEN is a fine jewelry house redefining what modern luxury means—through masterful craftsmanship, intuitive design, and deeply personal re... more
1 Day Ago
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