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As of August 01, 2026, the average salary for a Private Wealth Manager in Maryland is $86,108 per year, which breaks down to an hourly rate of $41.
However, a Private Wealth Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Private Wealth Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $97,842 | $8,154 | $1,882 | $47 |
| Average | $86,108 | $7,176 | $1,656 | $41 |
| 25th Percentile | $75,913 | $6,326 | $1,460 | $36 |
Blue Trust - Baltimore, MD
Brock & Company Inc. - Roland Park, MD
Mount Vernon Club of Baltimore - Baltimore, MD
BDO USA - , MD
A Private Wealth Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
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:
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:
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.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Government | $103,330 | $50.0 | 20% |
| Education | $90,413 | $43.0 | 5% |
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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $97,842 | $8,154 | $1,882 | $47 |
| Average | $86,108 | $7,176 | $1,656 | $41 |
| 25th Percentile | $75,913 | $6,326 | $1,460 | $36 |
Ready to take the next step in your career? Browse thousands of current Private Wealth Manager job openings on our job board. Use the search bar below to find your perfect match.
Burke & Herbert Bank & Trust
Salisbury, MD
Burke & Herbert Bank & Trust | Salisbury, MD
Job Description. Job Description. Job Posting TitleWealth Advisor. Job Description. The Wealth Advisor is a client-facing representative of Burke & Herbert... more
6 Days Ago
JPMorgan Chase
Edgewater, MD
JPMorgan Chase | Edgewater, MD
Private Client Advisor. At J.P. Morgan Chase, we have an enthusiasm for helping our clients, taking care of our employees, building relationships, and deli... more
3 Days Ago
JPMorgan Chase
Marriottsville, MD
JPMorgan Chase | Marriottsville, MD
Private Client Advisor. At J.P. Morgan Chase, we have an enthusiasm for helping our clients, taking care of our employees, building relationships, and deli... more
4 Days Ago
Chase
Oxon Hill, MD
Chase | Oxon Hill, MD
Private Client Advisor. At J.P. Morgan Chase, we have an enthusiasm for helping our clients, taking care of our employees, building relationships, and deli... more
6 Days Ago
Pitcairn Trust Company, LLC
Baltimore, MD
Pitcairn Trust Company, LLC | Baltimore, MD
Job Description. Job Description. Pitcairn’s innovative Shared Single-Family Office ® model provides unparalleled service to wealthy families and other fam... more
3 Days Ago
Baltimore Regional Housing Partnership
Baltimore, MD
Baltimore Regional Housing Partnership | Baltimore, MD
Job Description. Job Description. The Opportunity. The Baltimore Regional Housing Partnership (BRHP), which operates the Baltimore Housing Mobility Program... more
4 Days Ago
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