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# Head of Private Banking with a Wealth Manager – Miami, FL


Role Overview for Head of Private Banking with a Wealth Manager – Miami, FL
JRG Partners is proud to partner with a premier, globally recognized wealth management firm in their search for a dynamic and visionary Head of Private Banking. This executive leadership position, based in the vibrant financial hub of Miami, Florida, represents a unique opportunity to shape the future of private wealth services in one of the world’s most critical markets.
Our client is renowned for its client-centric approach, innovative investment solutions, and unwavering commitment to integrity and excellence. As the new Head of Private Banking, you will be at the helm of a talented team, responsible for driving strategic growth, enhancing client engagement, and upholding the firm’s prestigious reputation.
The Miami market is a nexus of domestic and international wealth, attracting Ultra-High-Net-Worth (UHNW) individuals, families, and institutions from across the globe. This role is designed for a strategic leader who not only understands the nuances of this sophisticated clientele but can also anticipate market trends and position the firm for sustained success. You will be empowered to build upon a strong existing foundation, fostering a culture of high performance, collaboration, and unparalleled service delivery.
The ideal candidate will be a master relationship builder, a savvy business developer, and an inspirational leader capable of motivating a team to achieve ambitious goals. This is more than a job; it is a career-defining role to lead a flagship office for a top-tier organization and make a lasting impact on the wealth management landscape in the Americas.
Key Responsibilities of Head of Private Banking with a Wealth Manager – Miami, FL
The Head of Private Banking will have a broad mandate covering strategic leadership, team development, client management, and operational excellence. Your primary objective will be to drive profitable growth and expand market share while ensuring the highest standards of compliance and client satisfaction.
Strategic Leadership & Business Growth
Develop and execute a comprehensive, multi-year strategic plan for the Miami private banking division. Identify and capitalize on new market opportunities, drive the acquisition of new UHNW clients, and deepen relationships with the existing client base to grow Assets Under Management (AUM).
Team Management & Mentorship
Lead, mentor, and develop a high-caliber team of Private Bankers and Relationship Managers. Foster a collaborative and results-oriented culture, set clear performance expectations (KPIs), and provide ongoing coaching and professional development to ensure team success and career progression.
P&L Management
Assume full P&L responsibility for the Miami office. Develop annual budgets, manage expenses, and drive revenue growth to achieve and exceed financial targets. Provide regular performance reporting to senior executive leadership.
Client Relationship & Service Excellence
Serve as the senior relationship manager for the firm’s most significant clients in the region. Act as a trusted advisor, ensuring their complex financial needs are met with sophisticated solutions. Champion a culture of service excellence throughout the team, ensuring a seamless and exceptional client experience.
Risk Management & Compliance
Ensure all business activities are conducted in strict compliance with internal policies and external regulations (e.g., SEC, FINRA). Oversee the risk management framework for the division, including credit, operational, and reputational risk. Promote a strong culture of compliance and ethical behavior.
Product & Platform Enhancement
Collaborate with internal partners in investment management, trust and estate planning, lending, and capital markets to refine and enhance the firm’s product and service offerings. Ensure the team is effectively delivering the full capabilities of the firm to clients.
Market Presence & Branding
Act as a key representative and brand ambassador for the firm in the South Florida community. Build and maintain a strong network with local centers of influence, including attorneys, accountants, and other fiduciaries. Participate in industry conferences and community events to elevate the firm’s profile.
Requirements for the Head of Private Banking with a Wealth Manager – Miami, FL
We are seeking a seasoned and accomplished leader with a proven track record of success in the private wealth management sector. The successful candidate will possess a unique blend of strategic acumen, leadership prowess, and deep technical expertise.
Professional Experience
A minimum of 15 years of progressive experience in private banking or wealth management, with at least 7 years in a significant leadership capacity managing teams and P&L.
Proven Track Record
Demonstrable success in building and leading high-performing teams, driving significant AUM and revenue growth, and managing a large and complex book of UHNW clients.
Educational Background
Bachelor’s degree in Finance, Economics, Business Administration, or a related field is required. An advanced degree (MBA) or professional designation such as CFA (Chartered Financial Analyst) or CFP (Certified Financial Planner) is strongly preferred.
Licensing
Active FINRA Series 7, 66 (or 63 & 65), and 24 licenses are required for this role.
Technical Expertise
Deep understanding of the UHNW wealth management landscape, including asset allocation, alternative investments, trust and estate planning, concentrated stock strategies, and bespoke credit solutions.
Leadership Skills
Exceptional leadership, communication, and interpersonal skills. The ability to inspire, motivate, and hold accountable a diverse team of professionals.
Market Knowledge
An established network and deep understanding of the Miami and greater South Florida market is highly advantageous.
Language Skills
Fluency in English is required. Professional proficiency or fluency in Spanish is a significant asset given the market’s demographic.
Benefits & Perks Offered
Our client believes in investing in their most valuable asset: their people. They offer a comprehensive and highly competitive compensation and benefits package designed to attract and retain top-tier talent. This includes:
Executive Compensation
A highly competitive base salary complemented by a significant performance-based annual bonus and eligibility for long-term incentive programs.
Comprehensive Health & Wellness
Premier medical, dental, and vision insurance plans for you and your family. The package includes robust mental health support, wellness programs, and a generous health savings account (HSA) contribution.
Retirement Planning
A best-in-class 401(k) retirement plan featuring a substantial company match and profit-sharing components to help you secure your financial future.
Work-Life Integration
A generous paid time off (PTO) policy, paid holidays, and comprehensive parental leave to support you and your family.
Professional Development
A dedicated budget for continuing education, industry conferences, and obtaining or maintaining professional certifications and licenses. Access to executive coaching and leadership development programs.
Additional Perks
Relocation assistance for qualified candidates, a client entertainment and travel budget, and access to various corporate discount programs.
How to Apply
JRG Partners is the exclusive search firm retained for this critical hiring initiative. To be considered for this exceptional opportunity, please submit your resume and a cover letter outlining your qualifications and leadership philosophy. All applications will be treated with the strictest confidentiality.
We are committed to building a diverse and inclusive workforce. Our client is an equal opportunity employer and encourages applications from all qualified individuals, regardless of race, gender, disability, religion, or sexual orientation.
To learn more about our dedicated recruitment services in this sector, we invite you to explore our expertise in wealth management executive search. We look forward to connecting with the next generation of financial leaders.