upper level job

How much does a Private Banker III make?

As of April 01, 2025, the average annual salary for a Private Banker III in the United States is $97,608. Salary.com reports that pay typically ranges from $87,366 to $107,319, with most professionals earning between $78,041 and $116,160.

Private Banker III Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $107,319 $8,943 $2,064 $52
Average $97,608 $8,134 $1,877 $47
25th Percentile $87,366 $7,281 $1,680 $42

Average Salary

25% $87,366 10% $78,041 90% $116,160 75% $107,319 $97,608 50%(Median)
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How much does a Private Banker III make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Private Banker III salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Private Banker III hourly pay, weekly pay, monthly pay and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Private Banker III's Salary?

An entry-level Private Banker III with less than 1 year of experience earns about $94,245. With 1-2 years of experience, the average salary increases to $94,551. For 2-4 years of experience, the pay typically rises to $98,333. Senior-level professionals with 5-8 years of experience earn around $102,391, and those with over 8 years of experience can expect an average of $102,681.

Levels Salary
Entry Level Private Banker III $94,245
Intermediate Level Private Banker III $94,551
Senior Level Private Banker III $98,333
Specialist Level Private Banker III $102,391
Expert Level Private Banker III $102,681
$94,245 0 yr
$94,551 < 2 yrs
$98,333 2-4 yrs
$102,391 5-8 yrs
$102,681 > 8 yrs
Last Updated on April 01, 2025
Entry Level 3%
Mid Level 3%
Senior Level 1%
Top Level 5%
Experienced 5%
View as graph
Last Updated on April 01, 2025

How much does salary of Private Banker III vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Private Banker III is $121,903.
  • In New York, NY, the average annual salary is $113,118.
  • In Boston, MA, a Private Banker III earns $108,862 per year.

What is the salary trend of Private Banker III?

As of April 01, 2025, our research reveals a significant shift in Private Banker III compensation over the past six years. For example, the median salary increased from $91,278 in 2023 to approximately $91,476 in 2024. (For a detailed analysis of Private Banker III salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Private Banker III Over Time

2020
$???
2021
$???
2022
$???
$91,278
2023
$91,476
2024
$90,730
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$91,278
2024
$91,476
2025
$90,730
2026
$???
Last Updated on April 01, 2025

Private Banker III Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $91,278
2024 $91,476
2025 $90,730
2026 View More
Last Updated on April 01, 2025

Job Openings of Private Banker III

Salary.com job board provides millions of Private Banker III information for you to search for. Click on search button below to see Private Banker III job openings or enter a new job title here.

Based on HR-reported data: a national average with a geographic differential
Base Salary 72.9%
Bonuses 0.0%
Social Security 5.6%
401k/403b 3.4%
Disability 0.6%
Healthcare 4.5%
Pension 4.0%
Time Off 9.0%
Core Compensation
Core Compensation Median % of Total
Base Salary $97,608 72.9%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $7,467 5.6%
401K/403B $4,588 3.4%
Disability $781 0.6%
Healthcare $6,056 4.5%
Pension $5,368 4.0%
Time Off $12,013 9.0%
Total Compensation $133,881 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Private Banker III with different levels of education?

Salaries for Private Banker III with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Private Banker III with a High School Diploma or Technical Certificate is $96,501 - $104,055. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Private Banker III Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Private Banker III
Degree Level % of user with this level of education
High School 13.2%
Associates 3.3%
Bachelors 42.9%
Masters 40.7%
Typical Education for Private Banker III
High School 13.2%
Associates 3.3%
Bachelors 42.9%
Masters 40.7%
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Private Banker III Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Private Banker III

1. What is the average salary of a Private Banker III?

The average annual salary of Private Banker III is $97,608. In case you are finding an easy salary calculator, the average hourly pay of Private Banker III is $47; the average weekly pay of Private Banker III is $1,877; the average monthly pay of Private Banker III is $8,134.

2. Where can a Private Banker III earn the most?

A Private Banker III's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Private Banker III earns the most in San Jose, CA, where the annual salary of a Private Banker III is $123,113.

3. What is the highest pay for Private Banker III?

The highest pay for Private Banker III is $116,160.

4. What is the lowest pay for Private Banker III?

The lowest pay for Private Banker III is $78,041.

5. What are the responsibilities of Private Banker III?

Manages a private banking portfolio of individuals with high-net worth using banking strategies, solutions, and advice that are customized to the client's needs. Develops and maintains client relationships by engaging the resources of other parts of the organization to provide meaningful and personalized service. Acts as an advisor, providing financial research and information. Achieves deposit and loan volume goals, approves loans, and sells additional fee-based services. Typically requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4 -7 years of related experience.

6. What are the skills of Private Banker III

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Products and Services: Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.

2.)

Client Service: Client services are the processes and interactions organizations and members of their staff have with their clients.

3.)

Product Knowledge: Product knowledge is the ability to communicate information and answer questions about a product or service. It is considered an important knowledge area for any role that puts you in front of customers, investors or the media.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Private Banker III is $97,608 per year in the United States, updated at April 01, 2025.
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