Private Banking & Wealth Mgmt · Mid

Quantitative Analyst (Private Banking) Salary

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

National Compensation Range

P25

$80,000

25th percentile

P50

$115,000

Median

P75

$160,000

75th percentile

CANDIDATE MARKET

Competitive

Scarcity: 4/10

Quantitative Analyst (Private Banking) Salary by City

New York City, NY$160,000
San Francisco, CA$150,000
Palm Beach, FL$150,000
Boston, MA$145,000
Los Angeles, CA$140,000

Median (P50) adjusted for metro cost of labor.

What Does a Quantitative Analyst (Private Banking) Do?

The Quantitative Analyst (Private Banking) 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. Classified at the Mid level, this position draws from a competitive candidate pool, though specialized qualifications and sector-specific experience remain key differentiators in hiring.

What Drives Quantitative Analyst (Private Banking) Compensation?

The median (P50) compensation for a Quantitative Analyst (Private Banking) is $115,000, with the 25th to 75th percentile range spanning $80,000 to $160,000. The 70% 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).

Quantitative Analyst (Private Banking) Career Path

Professionals who move into Quantitative Analyst (Private Banking) 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.

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