The salary of a Private Banker III in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
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.
| 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 |
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 |
| Entry Level | 3% |
| Mid Level | 3% |
| Senior Level | 1% |
| Top Level | 5% |
| Experienced | 5% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
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.
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.
Here are companies hiring for Private Banker III and their salaries, click below for more details.
| 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% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 13.2% |
| Associates | 3.3% |
| Bachelors | 42.9% |
| Masters | 40.7% |
What Am I Worth?
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.
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.
The highest pay for Private Banker III is $116,160.
The lowest pay for Private Banker III is $78,041.
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.
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.
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.
Client Service: Client services are the processes and interactions organizations and members of their staff have with their clients.
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.
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.
