Wealth Management Analyst Salary at Bank Of America Private Bank BETA

How much does a Bank Of America Private Bank Wealth Management Analyst make?

As of April 2025, the average annual salary for a Wealth Management Analyst at Bank Of America Private Bank is $93,250, which translates to approximately $45 per hour. Salaries for Wealth Management Analyst at Bank Of America Private Bank typically range from $77,617 to $112,286, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Bank of America Private Bank Overview

Website:
privatebank.bankofamerica.com
Size:
100 - 200 Employees
Revenue:
$10M - $50M
Industry:
Financial Services

Bank of America Private Bank is a wealth management company founded in 1853 and headquartered in New York City, New York.

See similar companies related to Bank Of America Private Bank

What Skills Does a person Need at Bank Of America Private Bank?

At Bank Of America Private Bank, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Wealth Management: Wealth management is an investment-advisory discipline which incorporates financial planning, investment portfolio management and a number of aggregated financial services offered by a complex mix of asset managers, custodial banks, retail banks, financial planners and others. There is no equivalent of a stock exchange to consolidate the allocation of investments and promulgate fund pricing and as such it is considered a fragmented and decentralised industry. High-net-worth individuals (HNWIs), small-business owners and families who desire the assistance of a credentialed financial advisory specialist call upon wealth managers to coordinate retail banking, estate planning, legal resources, tax professionals and investment management. Wealth managers can have backgrounds as independent Chartered Financial Consultants, Certified Financial Planners or Chartered Financial Analysts (in the United States), Certified International Investment Analysts, Chartered Strategic Wealth Professionals (in Canada), Chartered Financial Planners (in the UK), or any credentialed (such as MBA) professional money managers who work to enhance the income, growth and tax-favored treatment of long-term investors.
  2. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  3. Commitment: An agreement or pledge to do something in the future a commitment to improve conditions at the prison especially : an engagement to assume a financial obligation at a future date.
  4. Products and Services: Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.
  5. client service: Client services are the processes and interactions organizations and members of their staff have with their clients.

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Check more jobs information at Bank Of America Private Bank

Job Title Average Bank Of America Private Bank Salary Hourly Rate
2 Managing Director $905,752 $435
3 Portfolio Manager $126,298 $61
4 Summer Analyst $85,241 $41
5 Trust Officer $71,222 $34
6 Banking Officer $95,266 $46
7 Private Bank Associate $84,863 $41
8 Trust Officer II $95,168 $46
9 Managing Director Market Leader $222,127 $107
10 Trust Officer I $71,222 $34
11 Administrative Assistant $57,151 $27
12 Assistant Vice President $68,719 $33

Hourly Pay at Bank Of America Private Bank

The average hourly pay at Bank Of America Private Bank for a Wealth Management Analyst is $45 per hour. The location, department, and job description all have an impact on the typical compensation for Bank Of America Private Bank positions. The pay range and total remuneration for the job title are shown in the table below. Bank Of America Private Bank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $93,250 look to you?

FAQ about Salary and Jobs at Bank Of America Private Bank

1. How much does Bank Of America Private Bank pay per hour?
The average hourly pay is $45. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Bank Of America Private Bank?
According to the data, the highest approximate salary is about $112,286 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Bank Of America Private Bank?
According to the data, the lowest estimated salary is about $77,617 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.