Hiring Pulse
Strong demand for portable non-resident and FO-linked books with documented advice processes.
Hot roles
- UHNW Banker
- Team Lead Europe
- Non-Resident RM
Hot skills
- Cross-border structuring
- Alts access
- Credit expertise
PRIVATE BANKING · LONDON
Move your book to London with confidence.
Global wealth gateway with multi-jurisdiction platforms and intense competition among international private banks, wealth managers and multi-family offices.
At a Glance
High-signal facts to orient quickly in the London private banking market.
Focus
International UHNW
Comp Shape
High variable
Languages
EN + EU/MEA/Asia
Deferrals
Common at seniority
Why Private Bankers Move to London
London is still one of the most sophisticated hubs for onshore private banking and wealth management, particularly for UK residents, non-doms and international families with UK ties. It offers deep capital markets, a dense professional-services ecosystem and access to institutional-grade investment ideas.
FCA-regulated platforms place strong emphasis on documented advice, suitability and fee-based revenue. For senior RMs, London can be a compelling place to build a planning-led franchise with close links to investment banking, capital markets and alternatives providers.
- • Onshore advisory hub: UK-resident (& non-dom) clients who value planning, not just execution.
- • Capital-markets access: strong link between wealth management and institutional product manufacturing.
- • Professional network: ecosystem of lawyers, accountants and corporate-finance advisers.
- • Career depth: multiple platform types: universal banks, UK private banks, boutiques and multi-family offices.
To review London roles, browse the jobs page or submit your CV for confidential consideration. You can also speak directly with us and run indicative numbers through the Business Plan Simulator.
Compensation & Bonus Benchmarks
Directional ranges for mid-senior Relationship Managers through team leadership. Actual offers vary by portable book, ROA, product mix and firm performance.
| Role | Base (low) | Base (high) | Typical bonus | Top-quartile note |
|---|---|---|---|---|
| RM / Senior Banker | £140,000 | £220,000 | 50–100% | — |
| Director / Senior RM | £180,000 | £300,000 | 60–125% | High upside possible for top performers, especially post bonus-cap changes. |
| Team Lead / MD | £220,000 | £350,000 | 70–150% | — |
Licensing & Compliance
Regulator, certifications and key compliance expectations for private bankers in London.
Regulator
FCA (UK)
Must-have certifications
- FCA Certification Regime alignment
- MiFID II suitability/appropriateness knowledge
- Local KYC/AML standards
Institutional-grade advice models and documented suitability are critical. Deferrals and clawbacks are common at seniority.
Client Base & Sourcing
Where growth typically comes from and what matters on the ground in London.
- International UHNW/HNW, non-doms, PE/hedge fund and tech founders
- Large FO/MFO segment with institutional expectations
- Regulated wealth managers/EAMs with UK permissions
Banking Ecosystem in London
Key booking centres, leading private banking platforms and the independent wealth ecosystem you will interact with if you move your book to London.
Booking / execution
- London (UK booking centre)
- Jersey
- Guernsey
- Isle of Man
- Zurich
- Geneva
Key private banking platforms
- UBS
- Julius Baer
- Coutts
- HSBC Global Private Banking
- Barclays Private Bank
- Rothschild & Co
- J.P. Morgan Private Bank
- Goldman Sachs Private Wealth Management
EAMs & family offices
- UK-regulated wealth managers
- Multi-family offices in Mayfair and the City
- Single-family offices of UHNW families
Regulators: FCA (Financial Conduct Authority) • PRA (Prudential Regulation Authority)
Relocation & Tax
London offers unparalleled international coverage and access to sophisticated clients. Post-Brexit work rights, visa status and housing costs are key negotiation angles alongside deferral structures.
For Private Bankers in London
Share a high-level overview of your book, ROA and target platform profile. We only approach institutions where your franchise is genuinely strategic.
For Hiring Managers
We provide calibrated market mapping, vetted shortlists with real portability and structured business cases that stand up in internal approvals.
Compensation ranges are directional benchmarks for 2025 private banking roles (mid-senior RM to team lead). Final offers vary by portable book, ROA, lending penetration, alternatives distribution, compliance history, and firm performance. Figures are not an offer and are provided for guidance only.