As of December 01, 2024, the average annual pay of Private Banker I in Boston, MA is $86,981. While Salary.com is seeing that Private Banker I salary in Boston, MA can go up to $136,235 or down to $45,953, but most earn between $65,506 and $112,762. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Private Banker I in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $100,591 | $8,383 | $1,934 | $48 |
| Average | $77,592 | $6,466 | $1,492 | $37 |
| 25th Percentile | $58,435 | $4,870 | $1,124 | $28 |
An entry-level Private Banker I with under 1 year experience makes about $84,930. With less than 2 years of experience, a mid-level Private Banker I makes around $87,290. After 2-4 years, the Private Banker I pay rises to about $93,031. Those senior Private Banker I with 5-8 years of experience earn roughly $94,179, and those Private Banker I having 8 years or more experience are expected to earn about $94,945 on average.
| Levels | Salary |
|---|---|
| Entry Level Private Banker I | $84,930 |
| Intermediate Level Private Banker I | $87,290 |
| Senior Level Private Banker I | $93,031 |
| Specialist Level Private Banker I | $94,179 |
| Expert Level Private Banker I | $94,945 |
| Entry Level | 9% |
| Mid Level | 12% |
| Senior Level | 20% |
| Top Level | 21% |
| Experienced | 22% |
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