Investors Banker Salary in Michigan
How Much Does an Investors Banker make?
Investors Banker made a median salary around $109,385 in December, 2024.
The best-paid 25 percent made $126,349 probably that year, while the lowest-paid 25 percent made around $96,625.
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.
Check out
Investors Banker
jobs in
Michigan
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Best-Paying Cities for Investors Banker
The metropolitan areas that pay the highest salary in the Investors Banker profession are Saline
, Ypsilanti
, Ann Arbor
, Dexter
, Salem
.
| Saline, MI | $113,707 |
| Ypsilanti, MI | $113,707 |
| Ann Arbor, MI | $113,707 |
| Dexter, MI | $113,707 |
| Salem, MI | $113,597 |
Best-Paying States for Investors Banker
The states and districts that pay Investors Banker the highest salary are District of Columbia (around $123,349)
, California (around $122,241)
, New Jersey (around $121,465)
, Alaska (around $120,689)
, and Massachusetts (around $120,579)
.
| District of Columbia | $123,349 |
| California | $122,241 |
| New Jersey | $121,465 |
| Alaska | $120,689 |
| Massachusetts | $120,579 |
What is the Career Path of Investors Banker?
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 Investors Banker, the first career path typically starts with an Investment Analyst IV position , and then progresses to SVP of Investments.
Additionally, the second career path typically progresses to Venture Capitalist III.
Besides, Investors Banker can also turn to other related jobs, including
Investors Teller
,
Investors Branch Manager
,
Banker
and
Retail Banker
.
Frequently Asked Questions for Investors Banker
Q:
What is the salary range of Investors Banker in Michigan?
A:
In 2024
, the lowest-paid Investors Banker in Michigan earned an average annual salary of $96,625
, while the highest-paid made $126,349.
Q:
What is the salary for an Investors Banker in California?
A:
Investors Banker employed in California earned an average salary of $122,241 in 2024.
Average Investors Banker Pay vs. Other Jobs
Investors Banker earned an average salary of $109,385 in 2024.
Other jobs related to Investors Banker earned the following average salary in December, 2024.
Investors Teller
made $36,891
,
Investors Branch Manager
made $74,752
,
Banker
and
Retail Banker
made $103,144
and $83,069 respectively
.
Relevant Jobs of Investors Banker
There is currently no job description for Investors Teller, be the first to
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the job responsibilities for Investors Teller.
There is currently no job description for Investors Branch Manager, be the first to
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the job responsibilities for Investors Branch Manager.
There is currently no job description for Banker, be the first to
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the job responsibilities for Banker.
There is currently no job description for Retail Banker, be the first to
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the job responsibilities for Retail Banker.
Mortgage bank is a bank that specializes in originating and/or servicing mortgage loans.
In the US a mortgage bank is a state-licensed banking entity that makes mortgage loans directly to consumers. The difference between a mortgage banker and a mortgage broker is that the mortgage banker funds loans with its own capital.
Generally, a mortgage bank originates a loan and places it on a pre-established warehouse line of credit until the loan can be sold to an investor, which are typically large institutions. The credit risk is typically absorbed by the Agencies, which include Fannie Mae, or Freddie Mac, and Ginnie Mae. The process of selling a loan from the mortgage bank to another investor is referred to as selling the loan on the secondary market. This is in contrast to the primary market, which for mortgages typically refers to the bank buying the mortgage deed of trust from the homeowner for the face amount of the loan, adjusted for discount points and other price adjustments.