Luxembourg: private banker salary 2021 | Statista (2024)

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    Published by Statista Research Department, Jun 13, 2023

    Private bankers with 10 years of experience or more employed in financial services in Luxembourg could earn up to 159,000 euros as an annual gross salary in 2021. The lowest annual gross salary observed for private bankers, with 5 to 10 years of experience, was 88,000 euros.

    Annual salary of private bankers in Luxembourg as of 2021, by years of experience (in 1,000 euros)

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    Source

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    Release date

    March 2022

    More information

    Region

    Luxembourg

    Survey time period

    2021

    Supplementary notes

    The source states that the numbers provided concern "basic salaries exclusive of benefits/bonuses unless otherwise specified."

    Citation formats

    Other statistics on the topic

    Financial sector in Luxembourg
    +Financial InstitutionsNet assets under management in Luxembourg fund industry 2006-2021+Financial InstitutionsBiggest domestic banks in Benelux 2022, by assets+Financial InstitutionsTotal AUM of private banks in Luxembourg 2007-2021Financial InstitutionsMarket penetration of banks for Belgium and Luxembourg large corporations 2017-2023

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    Luxembourg: private banker salary 2021 | Statista (7)

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    Statistics on " The financial sector in Luxembourg "

    The most important statistics

    • Total assets of banks in Luxembourg 1994-2023
    • Number of banks in Luxembourg 1994-2023
    • Number of bank employees in Luxembourg 1992-2022
    • Tier 1 capital ratio of the banking sector in Luxembourg 2014-2020
    • Net interest income of banks in Luxembourg 2020, by country of origin
    • Cost-income ratio of banks in Luxembourg 2014-2020, by country of origin
    • Biggest domestic banks in Benelux 2022, by assets
    • Market penetration of banks for Belgium and Luxembourg large corporations 2017-2023

    The most important statistics

    • Number of investment funds in Luxembourg 1990-2021
    • Number of investment funds in Luxembourg 2006-2023, by type of fund
    • Net assets under management in Luxembourg fund industry 2006-2021
    • Distribution of total net assets of UCIs in Luxembourg 2022, by type of fund
    • Distribution of total net assets of SIFs in Luxembourg 2022, by type of fund
    • Market share of fund initiators in Luxembourg 2023, by country of origin

    The most important statistics

    • Total AUM of private banks in Luxembourg 2007-2021
    • Total AUM of private banks in Luxembourg 2015-2021, by client wealth
    • Total AUM of private banks in Luxembourg 2021, by region of origin
    • Household loans for consumption and mortgages in Luxembourg 1999-2021
    • Private banker salary per annum in Luxembourg 2021, by experience level

    The most important statistics

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    • Number of insurance companies in Luxembourg 2023, by country of origin
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    • Revenue of reinsurance companies in Luxembourg 2021, by country of origin

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    • Premium Statistic Total assets of banks in Luxembourg 1994-2023
    • Premium Statistic Number of banks in Luxembourg 1994-2023
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    • Premium Statistic Tier 1 capital ratio of the banking sector in Luxembourg 2014-2020
    • Premium Statistic Net interest income of banks in Luxembourg 2020, by country of origin
    • Premium Statistic Cost-income ratio of banks in Luxembourg 2014-2020, by country of origin
    • Premium Statistic Biggest domestic banks in Benelux 2022, by assets
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    Investment funds

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    • Premium Statistic Number of investment funds in Luxembourg 1990-2021
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    Private banking

    5

    • Premium Statistic Total AUM of private banks in Luxembourg 2007-2021
    • Premium Statistic Total AUM of private banks in Luxembourg 2015-2021, by client wealth
    • Premium Statistic Total AUM of private banks in Luxembourg 2021, by region of origin
    • Premium Statistic Household loans for consumption and mortgages in Luxembourg 1999-2021
    • Premium Statistic Private banker salary per annum in Luxembourg 2021, by experience level

    Insurance

    5

    • Premium Statistic Number of companies on the insurance market in Luxembourg 2015-2020
    • Premium Statistic Number of insurance companies in Luxembourg 2023, by country of origin
    • Basic Statistic Assets under management by insurance corporations in Luxembourg 2011-2022
    • Premium Statistic Revenue gross written premiums of insurance companies Luxembourg 2021, by segment
    • Premium Statistic Revenue of reinsurance companies in Luxembourg 2021, by country of origin

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    Topics

    Financial sector in LuxembourgBanking in the Benelux

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    Luxembourg: private banker salary 2021 | Statista (2024)

    FAQs

    Luxembourg: private banker salary 2021 | Statista? ›

    Private bankers with 10 years of experience or more employed in financial services in Luxembourg could earn up to 159,000 euros as an annual gross salary in 2021.

    Read On
    How much does a banker make in Luxembourg? ›

    The gross salary range for people working in Luxembourg in Banking is typically from 4,177 EUR (minimum salary) to 9,844 EUR (highest average, actual maximum salary is higher). This is the total monthly salary including bonuses.

    Discover More Details
    What is the highest Private Banker salary? ›

    Highest paying cities for Private Bankers near United States
    • New York, NY. $124,927 per year.
    • San Francisco, CA. $107,298 per year.
    • Miami, FL. $85,634 per year.
    • San Antonio, TX. $66,171 per year.
    • Austin, TX. $60,566 per year.
    • Show more nearby cities.

    Continue Reading
    Do private bankers make a lot of money? ›

    How much does a Private Banker make in California? As of Jul 24, 2024, the average annual pay for a Private Banker in California is $68,623 a year. Just in case you need a simple salary calculator, that works out to be approximately $32.99 an hour. This is the equivalent of $1,319/week or $5,718/month.

    See Details
    How much does a Private Banker vp at jp morgan make? ›

    The estimated total pay range for a Vice President Private Banker at J.P. Morgan is $161K–$275K per year, which includes base salary and additional pay.

    Find Out More
    What is considered a good salary in Luxembourg? ›

    Luxembourg is considered one of the wealthiest countries in the European Union. The average annual salary in Luxembourg is 43,85,560 INR, and the average monthly salary in Luxembourg is 3,65,433.

    Tell Me More
    Which job is highly paid in Luxembourg? ›

    List of Highest Paying Jobs in?
    Job RoleSalary In Euros
    Lawyers17,900
    Judges6000-17,900
    Accounting4000
    Programming And Web Development7000
    5 more rows
    May 21, 2024

    Show Me More
    Which private bank gives best salary? ›

    Popular Companies for Private Banker in India
    Company NameAvg Annual Salary
    ICICI Bank Private Banker Salary 1 - 17 yrs exp.₹16 Lakhs ₹7.2 L/yr - ₹28 L/yr
    HDFC Bank Private Banker Salary 0 - 13 yrs exp.₹13.7 Lakhs ₹5.8 L/yr - ₹24.5 L/yr
    ICICI Securities Private Banker Salary 7 - 18 yrs exp.₹17.7 Lakhs ₹11.4 L/yr - ₹25 L/yr
    7 more rows

    Explore More
    Is private banking a lucrative career? ›

    Expect total compensation in the $100K to $150K range. Associates: Total compensation will be in the $150K to $250K range, with the majority in the form of your base salary. VPs / Directors: Total compensation will progress toward the $300K – $500K range.

    Continue Reading
    Who is the best private banker? ›

    J.P. Morgan Private Bank is named 2024's “World's Best Private Bank” for the fifth year in a row. For its ninth annual World's Best Private Banks Awards, Global Finance Magazine ranked J.P. Morgan Private Bank* first overall.

    Show Me More

    Is private banking for the rich? ›

    Private banking is an elite service that generally features concierge-like attention to your finances, plus other perks and customized financial services. In most cases, however, only high-net-worth customers can access private banking.

    Read The Full Story
    Why are bankers so rich? ›

    These professionals facilitate mergers, acquisitions, and IPOs for corporations, reaping substantial fees in the process. For instance, a successful merger worth billions can generate fees amounting to millions for the involved bankers.

    See Details
    Can bankers be millionaires? ›

    It is fairly common for front-office investment bankers to be earning over US$1m after 8 years in the industry. But it caps out at around US$20m, which is how much a top-performing investment banking CEO gets.

    Get More Info Here
    How much does a SVP private banking make? ›

    The estimated total pay for a Senior Vice President Private Banking is $410,226 per year, with an average salary of $194,533 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.

    Continue Reading
    What is the salary of the CEO of JP Morgan Private Bank? ›

    In an SEC filing seen by Fortune, JPMorgan's board approved a compensation increase from $34.5 million in 2022 to $36 million for 2023. The salary package is made up of a $1.5 million base pay and $34.5 million in performance-based variable incentive compensation.

    View More
    How much money do you need for JP Morgan Private Bank? ›

    JP Morgan private bank minimum requirement is $10 million. Chase private bank minimum requirement is an average beginning day balance of $150,000 or more. Morgan Stanley private bank minimum requirement does not exist.

    View Details
    How much does JP Morgan Chase pay in Luxembourg? ›

    €66K
    Pay TypeRangeMedian
    Base Pay€64K - €70K€66K/yr
    Bonus€4K - €7K€5K/yr
    Jul 11, 2024

    See More
    Which country pays bankers the most? ›

    Best Countries for Highest Paying Banking Jobs and Average PayScale
    CountriesAverage Pay
    United States$87,000 per year
    United Kingdom£55,000 per year
    Hong KongHKD 616,000 per year
    SwitzerlandCHF 110,000 per year
    2 more rows

    Learn More
    Can bankers make 100k? ›

    Entry-level investment banking associates do pretty well for themselves, often receiving salaries of $100,000 or more in their first year. Within four to five years, seasoned investment bankers rising through the ranks can easily earn $175,000 to $225,000.

    Discover More Details
    Is Luxembourg known for banking? ›

    Located in the heart of Europe, Luxembourg boasts a high-performance economy. It is particularly renowned for its banks and financial institutions.

    Show Me More
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