How much does a Private Banker IV make in Houston, TX? The average Private Banker IV salary in Houston, TX is $134,253 as of March 26, 2024, but the range typically falls between $117,529 and $155,512. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Private Banker IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Private Banker IV Salary $102,302 Houston,TX March 26, 2024
25th Percentile Private Banker IV Salary $117,529 Houston,TX March 26, 2024
50th Percentile Private Banker IV Salary $134,253 Houston,TX March 26, 2024
75th Percentile Private Banker IV Salary $155,512 Houston,TX March 26, 2024
90th Percentile Private Banker IV Salary $174,867 Houston,TX March 26, 2024
25% $117,529 10% $102,302 90% $174,867 75% $155,512 $134,253 50%(Median) Didn’t find job title? Click
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What skills does a Private Banker IV need?

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.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.

3.

Banking Services: Banking Services are services like commercial credit cards, stored value cards, treasury management services, netting services, check drawing services, automated payment services including depository, overdraft, controlled disbursement and etc.

Customer Service 16.48%
Underwriting 2.02%
Banking Services 1.42%
Others 80.08%

Job Description for Private Banker IV

Private Banker IV 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. Being a Private Banker IV acts as an advisor, providing financial research and information. Achieves deposit and loan volume goals, approves loans, and sells additional fee-based services. Additionally, Private Banker IV typically requires a bachelor's degree. Typically reports to a manager. The Private Banker IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be a Private Banker IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Private Banker IV in Houston, TX

Career Path for Private Banker IV

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Private Banker IV, the first career path typically progresses to Financial Advising Director.

Additionally, the second career path typically starts with a Private Banking Manager position, and then progresses to Private Banking Director.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Private Banker IV salary varies from city to city. Compared with national average salary of Private Banker IV, the highest Private Banker IV salary is in San Francisco, CA, where the Private Banker IV salary is 25.0% above. The lowest Private Banker IV salary is in Miami, FL, where the Private Banker IV salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Private Banker IV, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
117529
155512
134253

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
133583
192268
156886
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Private Banker IV in Houston, TX. The base salary for Private Banker IV ranges from $117,529 to $155,512 with the average base salary of $134,253. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $133,583 to $192,268 with the average total cash compensation of $156,886.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

117529
155512

 

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How much should you be paid?

About Houston, Texas    Houston is located 165 miles (266 km) east of Austin, 88 miles (142 km) west of the Louisiana border, and 250 miles (400 km) south of Dallas. The city....More

Houston, Texas  area prices were up 2.3% from a year ago    View the Cost of Living in Houston, Texas

Private Banker IV Salary in popular cities: San AntonioDallasAustin

Skills associated with Private Banker IV: Banking Software, Financial Advising, Customer Relationship Management (CRM), Loan Underwriting ...More

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