What is the average salary for a Head of Wealth Planning?

The median salary for a Head of Wealth Planning in Private Banking & Wealth Mgmt is $315,000. Salaries range from $240,000 (25th percentile) to $400,000 (75th percentile), with top earners reaching $540,000 (90th percentile).

Is Head of Wealth Planning a high-demand role?

Yes, Head of Wealth Planning is a very scarce role in Private Banking & Wealth Mgmt, with limited candidates available. The typical candidate pool size is 8-18.

Private Banking & Wealth Mgmt · VP

Head of Wealth Planning Salary

Q: What are other titles for Head of Wealth Planning?

Common alternative titles include: Managing Director – Wealth Planning, Head of Advisory Planning – PB, Director of Fiduciary & Planning Services. These roles have similar responsibilities and compensation ranges.

Compensation benchmarks from 255 verified sources including industry surveys, published reports, and market intelligence.

National Compensation Range

P25

$240,000

25th percentile

P50

$315,000

Median

P75

$400,000

75th percentile

CANDIDATE MARKET

Very Tight

Scarcity: 8/10

EST. CANDIDATE POOL

8-18

Active candidates nationally

DEMAND TREND

Stable

7% year-over-year

RETENTION

6 yr avg tenure

10% annual turnover

Head of Wealth Planning Salary by City

New York City, NY$440,000

San Francisco, CA$410,000

Palm Beach, FL$410,000

Boston, MA$395,000

Los Angeles, CA$380,000

Median (P50) adjusted for metro cost of labor.

Market Trends

Critical leadership role. Regulatory accountability increasing. Revenue attribution from planning improving. Integration with investment and lending key.

Also Known As

Managing Director – Wealth Planning, Head of Advisory Planning – PB, Director of Fiduciary & Planning Services

What Does a Head of Wealth Planning Do?

The Head of Wealth Planning operates within private banks, wealth management firms, and trust companies, serving high-net-worth and ultra-high-net-worth clients with investment advisory, estate planning, and banking services. Professionals in this role typically bring 15 to 22 years of relevant experience. Classified at the VP level, this position draws from a very tight candidate market with an estimated pool of 8-18 qualified professionals, making targeted sourcing and competitive compensation critical for successful placements.

What Drives Head of Wealth Planning Compensation?

The median (P50) compensation for a Head of Wealth Planning is $315,000, with the 25th to 75th percentile range spanning $240,000 to $400,000. The 51% spread between P25 and P75 reflects significant pay variation driven by book size and client AUM, revenue generated, client segment (HNW vs. UHNW), product complexity, regulatory licensing, and the firm's compensation model (salary + bonus vs. revenue share). Demand for this role is trending upward with 0.07% year-over-year growth, which is putting upward pressure on compensation at all levels.

Head of Wealth Planning Career Path

Professionals who move into Head of Wealth Planning roles most commonly come from institutional banking, financial advisory, trust and estate law, investment management, or family office operations. From this position, the typical trajectory leads toward managing director and market head positions, regional leadership, or transitioning to independent RIA or multi-family office platforms. The average tenure in this role is approximately 6 years, with an annual turnover rate of 10%.

Hiring a Head of Wealth Planning?

Get a full search playbook with compensation positioning, sourcing strategy, and interview framework.

Start a Search

Related Private Banking & Wealth Mgmt Roles

Chief People Officer / SVP HR (Private Bank)

$150,000 - $230,000

Chief Marketing Officer (Private Bank / Wealth Manager)

$175,000 - $275,000

Head of Operations (Private Banking)

$115,000 - $230,000

Data & Analytics Director (Private Banking)

$115,000 - $230,000

AI / Machine Learning Lead (PB)

$110,000 - $215,000

Senior Wealth Planner

$105,000 - $220,000