Miami · United States · Private Banking · Executive Search
Private Banking Recruiter in Miami
Executive Partners is a Switzerland-based boutique focused exclusively on Private Banking & Wealth Management. In Miami, we place Senior Relationship Managers, Team Heads and Market Leaders with a specific focus on Latin American UHNW cross-border coverage, US onshore wealth, bilingual Spanish and Portuguese client expertise, and SEC/FINRA-compliant portability.
Miami: the capital of Latin American private banking in the United States
The Brickell Financial District is the de facto regional headquarters for Latin American private wealth management in the United States, targeting USD 3.2 trillion in Latin American investable assets. Itaú Private Bank, Banco Santander International, and Banco de Crédito del Perú collectively occupy over 400,000 square feet in Brickell, alongside HSBC Private Banking, BTG Pactual, and the Miami operations of UBS and Morgan Stanley Private Wealth Management.
Miami unique competitive dynamic is that the most critical role in this ecosystem, the bilingual private wealth advisor with Series 7 and Series 66 certifications and established relationships with Latin American UHNW families, takes an average of 142 days to fill. The equivalent monolingual role fills in 68 days. That gap is the talent market. Banks that can identify and move on the right bilingual senior RM profiles faster than competitors win the mandate.
Santander Private Banking International is actively hiring Brazil coverage bankers in Miami as of June 2026, with a mandate focused on UHNW and HNW individuals with nexus to Latin America. Florida has no state income tax, making Miami compensation packages significantly more competitive on a net basis versus New York for senior talent.
Over the last 24 months, hiring demand in Miami has concentrated on:
- Senior RMs with LATAM UHNW cross-border coverage and native Spanish or Portuguese fluency
- Team Heads with USD 300m+ portable AUM from Brazil, Colombia, Mexico or Argentina
- Advisors with Series 7/66 certification and international tax structuring expertise
- Bankers bridging LATAM flows between Miami and Geneva or Zurich booking centres
Miami hiring committees focus on SEC/FINRA compliance, documented LATAM portability, language capability, and the ability to originate new relationships within the existing Latin American diaspora network.
2025–2026 Miami compensation benchmarks
Gross pre-tax figures in USD. Florida has no state income tax, making Miami packages more competitive on a net basis than equivalent New York roles.
| Role | Base (USD) | Bonus | Total |
|---|---|---|---|
| RM (5–10 years) | 110k – 160k | 20% – 60% | 132k – 256k |
| Senior RM (10–20 years) | 160k – 270k | 40% – 150% | 224k – 675k |
| Ultra UHNW RM | 270k – 450k | 100% – 300% | 540k – 1.8m+ |
| Team Head | 320k – 500k | 100% – 250% | 640k – 1.75m+ |
Indicative gross figures. No Florida state income tax. Federal income tax applies. Individual offers depend on platform, bilingual capability, LATAM portability and compliance history.
Insights for Miami-based bankers
Market commentary on LATAM private banking, cross-border flows and talent dynamics.
Work with Executive Partners in Miami
Whether you are a Miami-based bank or a Senior RM considering a move, we provide confidential guidance on platforms, compensation and portability.
Prefer to start with a discreet email? info@execpartners.ch