Milano
Italy’s financial centre with deep entrepreneur and industrial-family wealth; active cross-border to CH/LU.
Onshore shiftAlternatives uptakePrivate markets access
Active marketCurrency: EUR
Hiring pulse
- Hiring for onshore UHNW coverage and succession planning.
- Credit & lending specialists valued (mortgage, Lombard).
- COO/IT uplift for digitisation and MiFID processes.
Compensation (currency: EUR)
Associate / VP
- Base
- 80k–120k
- Bonus
- 20–35%
Director
- Base
- 130k–200k
- Bonus
- 30–70%
Managing Director / Team Head
- Base
- 200k–330k
- Bonus
- Performance-driven
Banking Ecosystem (Milano)
Global
- UBS
- Julius Baer
- Pictet
- Lombard Odier
Local champions
- Mediobanca PB
- Intesa Sanpaolo PB
- Banca Generali
- Fideuram ISPB
Boutiques & FOs
- Single/Multi-family offices
Trends: Onshore shift • Alternatives uptake • Private markets access