PWM/PB UK Salaries
Hi all,
Does anyone happen to have any insight as to what PWM/PB salaries are like at the BBs in London? Would be much appreciated
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Based on the most helpful WSO content, specific salary details for PWM (Private Wealth Management) and PB (Private Banking) roles at BBs (Bulge Bracket banks) in London are not explicitly outlined in the provided context. However, general insights into London-based salaries for finance roles suggest that compensation tends to be lower compared to New York, even after adjusting for exchange rates and purchasing power. For example, a standard base salary for a first-year analyst in London is approximately £50k, with bonuses ranging from £10k to £50k depending on performance and ranking.
If you're looking for precise figures for PWM/PB roles, it might be worth exploring additional threads or resources on WSO that focus specifically on wealth management or private banking in the UK.
Sources: Investment Banking in London (EMEA) - Strongest Players, League Tables, Salaries, Differences..., 20 Most Frequently Asked Questions - London Edition, How PWM really works (part 3): PB v. PWM, lifestyle, hours, day in the life, https://www.wallstreetoasis.com/forum/investment-banking/ebs-compensation-london-2021?customgpt=1
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