Does anyone happen to know salary range for PCA, PCM and PM at the Private Bank? Local market leader would like to talk to me about a transition, would like to know the un-fluffed version of what salaries are like.
Pca gets around 100k+ per year base in TX.
PCA in NorCal Base is $140k+ bonus based on formulaic revenue. I’ve heard that Top Performers can make $700k, average performers maybe $300k all in with bonus. Under performers don’t last long and only get base with lots of BS related to referrals to other lines of business.
For the benefit of the community, can you expand on what those terms mean? Also, TC?
PCA- Private Client Advisor PCM- Private Client Manager PM- Portfolio Manager TC- more interested in salary as I know bonuses vary often based on performance.