Private Bankers

Private Banker Reviews Client's Account

Private bankers provide financial management and concierge-like services to high-net-worth individuals—typically defined as those who have liquid assets of more than $1 million (not including the value of one’s primary residence). The most prestigious banks have much higher minimums, more than $5 million in some cases.

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Quick Facts
Alternate Title(s) None
Duties Provide financial management and concierge-like services to high-net-worth individuals
Salary Range $50,000 to $100,000+
Work Environment Primarily Indoors
Best Geographical Location(s) Opportunities are best in areas where a large number of high-net-worth individuals reside
Minimum Education Level
  • Bachelor's Degree
School Subjects
  • Business
  • Economics
  • Mathematics
Experience Three years experience with record of generating new business
Personality Traits
  • Hands On
  • Outgoing
  • Problem-Solving
  • Financial
  • Interpersonal
  • Math
Certification or Licensing Required
Special Requirements Background check typically required
Employment Prospects Good
Advancement Prospects Fair
Outlook Much Faster than the Average
Career Ladder
  • Chief Financial Officer
  • Private Banking Department Manager
  • Private Banker
  • Financial Planner or Relationship Manager