Wealth Management entry level salary in London - Private bank

CFA General
#1

Hello,

I need to give an estimate of my expected salary for a wealth management position in a private bank. My career has been into regulatory reporting and operational risk. I am attempting a career change so I am aiming for an entry level position, since i have no relevant experience. The position is in London.

Anyone has any knowledge what a sensible market rate would be for a position like that?

Thank you in advance

#2

Hi, I work in private wealth management in London and most of the times I see the entry level salary between 30k and 35k GBP. This may change, depending on what bank you’re going to work for and what tasks you’re going to perform. If you have a job spec I can look atm, I could be more precise… Hope this helps. Ciao!

#3

I am a Wealth Manager. Our entry level associates make anywhere from 45-70k $ per year. Of course this is not in NY, LA, London, or Chicago, but you asked.