London · UK · Executive Search
Private Banker Jobs in London
London remains the principal hub for UK-domiciled UHNW wealth and international offshore coverage, with deep connectivity to Swiss and Channel Islands booking centres. Executive Partners advises Senior RMs and Wealth Advisers on confidential moves within the UK market and between London and Geneva or Zurich.
London vs. Swiss booking centres: the real comparison
Most candidates we advise are not choosing London on its own merits — they are comparing it against a Swiss platform. The honest comparison covers regulatory regime (FCA vs. FINMA), non-dom tax treatment changes since 2025, booking architecture for international clients, and the depth of the multi-family office ecosystem that has grown materially around Mayfair and the City.
Over the last 18 months, hiring demand has concentrated on:
- Senior RMs with genuinely portable UK or international offshore books
- International desks with strong Swiss and European connectivity
- Multi-family office and boutique advisory hires
- Team leaders and desk heads for priority international markets
The UK's 2025 non-dom regime changes have shifted some UHNW client domicile decisions, which directly affects which London desks are growing and which are consolidating — a dynamic we track closely before recommending any move.
2025–2026 London compensation benchmarks
Ranges reflect typical packages observed across FCA-regulated private banks, wealth managers and multi-family offices in London.
| Role | Base salary (GBP) | Bonus range | Typical total |
|---|---|---|---|
| RM (5–10 years) | 110k – 150k | 20% – 60% | 140k – 240k |
| Senior RM (10–20 years) | 150k – 210k | 40% – 110% | 220k – 440k |
| Ultra UHNW RM | 210k – 270k | 80% – 170% | 380k – 730k+ |
| Team Head / Desk Head | 240k – 320k | 100% – 200% | 480k – 960k+ |
These ranges are indicative and based on observed market levels in London across 2025–2026. Individual offers depend on book composition, client domicile mix and proven portable AUM.
Senior Relationship Manager · GBP 210M portable book · Mandate to offer: 21 days · Still at the bank, 17 months
Deep-dive insights for London-based bankers
Market commentary on non-dom regime changes and London vs. Swiss platform dynamics.
Work with Executive Partners
If you are building or strengthening a London desk, or weighing a move to Switzerland, we provide factual, confidential guidance.
Prefer to start with a discreet email? recruiter@execpartners.ch