How much does a Private Banker make in Silver Spring, MD? The average Private Banker salary in Silver Spring, MD is $89,119 as of May 28, 2024, but the salary range typically falls between $75,410 and $103,491. 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.
A Private Banker is responsible for managing the financial needs of high-net-worth individuals and providing personalized banking and investment services. They work closely with clients to understand their financial goals and develop customized wealth management strategies. Private Bankers also offer advice on investment opportunities, estate planning, and risk management, and may collaborate with other financial professionals, such as investment advisors and tax specialists, to provide comprehensive financial solutions. Additionally, they are responsible for building and maintaining strong relationships with clients to ensure their long-term satisfaction and loyalty.
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Average Salary | Average Salary Range | |
---|---|---|
Base Salary | $89,119 | $75,410 - $103,491 |
Bonus | $13,855 | $8,067 - $18,264 |
Total Pay | $102,973 | $83,477 - $121,756 |
CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Silver Spring, MD |
---|---|---|
CITY, STATE Bethesda, MD | AVERAGE SALARY RANGE $75,423 - $103,510 | COMPARE TO Silver Spring, MD |
CITY, STATE Rockville, MD | AVERAGE SALARY RANGE $75,333 - $103,385 | COMPARE TO Silver Spring, MD |
CITY, STATE Potomac, MD | AVERAGE SALARY RANGE $75,378 - $103,448 | COMPARE TO Silver Spring, MD |
CITY, STATE Gaithersburg, MD | AVERAGE SALARY RANGE $75,220 - $103,231 | COMPARE TO Silver Spring, MD |
CITY, STATE Germantown, MD | AVERAGE SALARY RANGE $73,205 - $100,466 | COMPARE TO Silver Spring, MD |
CITY, STATE Washington, DC | AVERAGE SALARY RANGE $75,423 - $103,510 | COMPARE TO Silver Spring, MD |
JOB TITLE | LOCATION | MINIMUM SALARY | MAXIMUM SALARY |
---|---|---|---|
JOB TITLE Private Banker IV | LOCATION Silver Spring, MD | MINIMUM SALARY $131,031 | MAXIMUM SALARY $173,374 |
JOB TITLE Private Banker I | LOCATION Silver Spring, MD | MINIMUM SALARY $64,014 | MAXIMUM SALARY $110,187 |
JOB TITLE Private Banker II | LOCATION Silver Spring, MD | MINIMUM SALARY $74,165 | MAXIMUM SALARY $102,223 |
JOB TITLE Private Banker III | LOCATION Silver Spring, MD | MINIMUM SALARY $99,391 | MAXIMUM SALARY $132,687 |
JOB TITLE Entry Private Banker | LOCATION Silver Spring, MD | MINIMUM SALARY $74,200 | MAXIMUM SALARY $102,300 |
JOB TITLE Associate Private Banker | LOCATION Silver Spring, MD | MINIMUM SALARY $75,410 | MAXIMUM SALARY $103,491 |
About Silver Spring, Maryland Silver Spring is an unincorporated community, large village, suburb of Washington, D.C., and census-designated place located inside the Capital Beltwa....More
Silver Spring, Maryland area prices were up 1.3% from a year ago
Private Banker Salary in popular cities: Baltimore, Columbia, Germantown
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