New York · United States · Private Banking · Executive Search
Private Banking Recruiter in New York
Executive Partners is a Switzerland-based boutique focused exclusively on Private Banking & Wealth Management. In New York, we place Senior Relationship Managers, Team Heads and Market Leaders with a specific focus on US onshore UHNW coverage, SEC/FINRA-compliant portability, and international cross-border desks serving LATAM, European and globally mobile families.
New York: the world's largest concentration of UHNW private banking talent
New York is the largest private banking market in the world by total client assets, hosting the US headquarters of JPMorgan Private Bank, Goldman Sachs Private Wealth Management, Citi Private Bank, UBS Wealth Management Americas, Morgan Stanley Private Wealth, and every major Swiss and European private banking platform with a US presence. North America drove the strongest HNWI wealth growth in 2024, with global HNWI wealth reaching USD 90.5 trillion, according to the Capgemini World Wealth Report 2025.
The New York market is characterised by its combination of domestic US onshore wealth, internationally mobile UHNW families with US nexus, and cross-border desks serving LATAM, European and Middle Eastern clients through SEC and FINRA-regulated frameworks. JPMorgan's Asset & Wealth Management division generated a 23% increase in net income to USD 1.7 billion in Q3 2025, with AUM reaching USD 4.6 trillion.
Over the last 24 months, hiring demand in New York has concentrated on:
- Senior RMs with US onshore UHNW books and referenceable multi-year tenure
- LATAM specialists with Brazilian, Mexican and Argentine cross-border coverage
- Team Heads with USD 500m+ in portable, SEC/FINRA-compliant AUM
- Advisors with alternative investment, private equity and lending expertise
New York hiring committees focus on SEC and FINRA compliance, Reg BI suitability documentation, recurring revenue quality, and the ability to retain and grow multi-generational UHNW relationships.
2025–2026 New York compensation benchmarks
New York applies federal and state income tax. Figures below are gross pre-tax compensation.
| Role | Base salary (USD) | Bonus range | Typical total |
|---|---|---|---|
| RM (5–10 years) | 120k – 180k | 20% – 60% | 145k – 290k |
| Senior RM (10–20 years) | 180k – 300k | 40% – 150% | 250k – 750k |
| Ultra UHNW RM | 300k – 500k | 100% – 300% | 600k – 2m+ |
| Team Head | 350k – 550k | 100% – 300% | 700k – 2.5m+ |
These ranges are indicative gross figures. Individual offers depend on platform, AUM portability, compliance history and client mix.
Insights for New York-based bankers
Market commentary on US private banking, UHNW dynamics and cross-border talent flows.
Work with Executive Partners in New York
Whether you are a New York-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