A banking career can be an excellent choice if you have an interest in working with money, investing and helping others reach their financial goals. But what exactly do private bankers do? How much money do they make? And how can you break into this industry? Read on to find out more about what it takes to become a private banker and the salary you can expect to make doing this kind of work.
A private banker’s job is to work with clients and offer them advice on their financial needs. This may include working with clients on structuring their finances for tax, finding investments that are suitable for the client’s portfolio, or monitoring the client’s investment portfolio. The salary of a private banker varies depending on factors such as years of experience, region of employment, and employer. However, it can be said that private bankers typically earn between $65k-$150k annually.
Salary Range of private bankers in Namibia
Private bankers can earn anything from $180,000 to $300,000. This is based on the economic stability of the country they work in and the region that they are working within. The average salary for a private banker is around $235,000 per year.