Private Banker I Salary in Massachusetts

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Private Banker I Salary in Massachusetts

How much does a Private Banker I make in Massachusetts? The average Private Banker I salary in Massachusetts is $82,648 as of March 26, 2024, but the range typically falls between $62,243 and $107,141. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

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Private Banker I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Private Banker I Salary $43,666 MA March 26, 2024
25th Percentile Private Banker I Salary $62,243 MA March 26, 2024
50th Percentile Private Banker I Salary $82,648 MA March 26, 2024
75th Percentile Private Banker I Salary $107,141 MA March 26, 2024
90th Percentile Private Banker I Salary $129,440 MA March 26, 2024
25% $62,243 10% $43,666 90% $129,440 75% $107,141 $82,648 50%(Median) Didn’t find job title? Click
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Job Description for Private Banker I

Private Banker I manages a private banking portfolio of individuals with high-net worth using banking strategies, solutions, and advice that are customized to the client's needs. Develops and maintains client relationships by engaging the resources of other parts of the organization to provide meaningful and personalized service. Being a Private Banker I acts as an advisor, providing financial research and information. Achieves deposit and loan volume goals, approves loans, and sells additional fee-based services. Additionally, Private Banker I typically requires a bachelor's degree. Typically reports to a manager. The Private Banker I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Private Banker I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Private Banker I in Massachusetts

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Location Avg. Salary Date Updated
Location Attleboro, MA Avg. Salary $79,685 Date Updated March 26, 2024
Location Barnstable, MA Avg. Salary $80,521 Date Updated March 26, 2024
Location Fitchburg, MA Avg. Salary $80,977 Date Updated March 26, 2024
Location Hyannis, MA Avg. Salary $80,217 Date Updated March 26, 2024
Location Leominster, MA Avg. Salary $79,989 Date Updated March 26, 2024
Location Malden, MA Avg. Salary $85,155 Date Updated March 26, 2024
Location Methuen, MA Avg. Salary $81,129 Date Updated March 26, 2024
Location Newton, MA Avg. Salary $85,155 Date Updated March 26, 2024
Location Revere, MA Avg. Salary $85,155 Date Updated March 26, 2024
Location Weymouth, MA Avg. Salary $82,952 Date Updated March 26, 2024

Career Path for Private Banker I

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 Private Banker I, the first career path typically starts with a Financial Advisor II position, and then progresses to Financial Advisor IV.

Additionally, the second career path typically starts with a Private Banker II position, and then progresses to Private Banker IV.

Private Banker I
Financial Advisor II
Private Banker II
Financial Advisor IV
Private Banker IV
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About Massachusetts    Massachusetts is the 7th-smallest state in the United States. It is located in the New England region of the northeastern United States and has an are....More

Skills associated with Private Banker I: Banking Software, Loan Underwriting, Wealth Management, Cross-Selling ...More

Private Banker I Salary in Massachusetts
Private Banker I Salary Graph, Regional Distribution and Summary