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Old 02-02-2016, 04:21 PM
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Originally Posted by Unregistered View Post
Let me clear the air. I don't know the absolute figures but I speak from reputable source.

When you say wealth advisor, relationship manager, your pay and opportunities depend on which tier. I think the leveling goes something like this:

Retail - someone like me with little cash.
Privilege - $50k to $200k.
Private Client - $200k to $1m.
Private Banking - $1m and above.

I'll say that you can earn $4.5k to $7k base + bonus / commissions when you start serving Private Client. Then when you serve Private Banking, I think all in monthly can be $40k.

Anyone else with to confirm with me?
Anything below private banking is just consumer banking. Don't believe in all those gimmicks the banks use. Think about it, it is not that hard for any PME who has worked 20 years to have a net worth of few hundred thousand, there must be thousands of these customers in any neighborhood branch.
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