The Relationship Manager Compensation Report 2023 aims to provide a better understanding of the monetary compensation of private banking relationship managers in Hong Kong and Singapore.
The report comes as relationship manager headcount continues to soar in Asia, and AUM among private banks and wealth managers in the region continues its upward trajectory.
The report seeks to discover:
- What is the yearly base salary in the industry at different levels of seniority?
- What size of bonus is expected?
- What is the average book size?
- What level of salary increase do relationship managers expect when moving to a new institution?
- What are the key factors in making the move to a new institution?