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Private Wealth Manager Salary in the United States

How much does a Private Wealth Manager make in the United States?

As of September 01, 2026, the average salary for a Private Wealth Manager in the United States is $83,527 per year, which breaks down to an hourly rate of $40.

However, a Private Wealth Manager's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $105,270
  • Majority Range (25th-75th percentile): $73,635 to $94,908
  • Entry-Level (10th percentile): $64,628
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Private Wealth Manager Salaries

A Private Wealth Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how geographic location, education and company size can directly affect your earning potential.

How Do Private Wealth Manager Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Private Wealth Managers. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $92,481.
  • California: $92,130.
  • Massachusetts: $90,902.

Top Paying Cities for Private Wealth Managers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $105,352
  • San Francisco: $104,199
  • Oakland: $102,003

What Skills Can Increase a Private Wealth Manager's Salary?

Demanded Skills for the Role:

  • Leadership (Mentioned in 12.5% Job Postings): Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  • Academic Advising (Mentioned in 2.08% Job Postings): Academic advising is, according to the National Academic Advising Association, "a series of intentional interactions with a curriculum, a pedagogy, and a set of student learning outcomes. Academic advising synthesizes and contextualizes students' educational experiences within the frameworks of their aspirations, abilities and lives to extend learning beyond campus boundaries and timeframes."
  • Computer Science (Mentioned in 2.08% Job Postings): Computer science is the study of computation, automation, and information. Computer science spans theoretical disciplines (such as algorithms, theory of computation, information theory, and automation) to practical disciplines.
Skills Demand Percentage
Leadership 12.5%
Academic Advising 2.08%
Computer Science 2.08%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Private Wealth Manager's salary.

  • Epidemiology: Can increase your salary by up to 27%.
  • Clinical Practice: Can increase your salary by up to 13%.
  • Academic Advising: Can increase your salary by up to 9%.
Skill Salary Salary % Increase
Epidemiology $106,079
27%
Clinical Practice $94,385
13%
Academic Advising $91,044
9%
Get Latest Data

Private Wealth Manager Salary by Industry: Top Paying Sectors

For Private Wealth Manager roles, the industry you choose can impact your earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Government, offers compensation 20% above the average. Conversely, Private Wealth Manager positions in Nonprofit typically offer lower base pay, as this sector often view Private Wealth Manager as a support function rather than a direct revenue driver.

The top paying industries for a Private Wealth Manager

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Government$100,232$48.020%
Education$87,703$42.05%

How Education impacts a Private Wealth Manager's Salary?

Your level of education can impact your salary potential. While many Private Wealth Managers enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Private Wealth Manager with a Bachelor's Degree is between $77,022 and $91,172).

Private Wealth Manager Salaries by Degree Level

Typical Education for Private Wealth Manager
Degree Level % of user with this level of education
No Diploma 7.6%
High School 13.6%
Associates 78.8%
Bachelors 7.6%
Masters 13.6%
Doctorate 78.8%
View as Graph

Private Wealth Manager Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Private Wealth Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on September 01, 2026
$73,635
Average $83,527/year
$94,908
$6,136
Average $6,961/month
$7,909
$1,416
Average $1,606/week
$1,825
$35
Average $40/hour
$46
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $94,908 $7,909 $1,825 $46
Average $83,527 $6,961 $1,606 $40
25th Percentile $73,635 $6,136 $1,416 $35

Most common benefits for Private Wealth Manager

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Private Wealth Manager

Here are companies hiring for Private Wealth Manager and their salaries, click below for more details.

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FAQ about Private Wealth Manager

1. What industry pays the highest salary for Private Wealth Manager?

The Government industry offers the highest average compensation for Private Wealth Manager roles, with salaries approximately 20% above the market median.

Where Does Our Salary Data Come From?

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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