Position
Salary

How much does a Trust Officer make?

The average salary for a Trust Officer is $97,252 per year in the US.

A Trust Officer works in a field that involves managing assets on behalf of clients. They ensure that these assets are used wisely and legally. If you choose this path, you can expect a competitive salary. The average yearly salary for a Trust Officer stands at $97,252. This figure represents a solid earning potential, often coupled with benefits such as health insurance, retirement plans, and paid time off.

The salary range for Trust Officers can vary based on experience and location. Some officers earn as little as $43,750 in the lower percentile, while those in the upper percentile can make up to $150,573. Most officers find themselves in the middle of this spectrum, earning between $72,884 and $111,728. This variety in salary can depend on factors like the size of the trust assets managed, the geographic area, and the specific employer. It's a rewarding career choice for those interested in finance and asset management.

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What are the highest paying cities for a Trust Officer?

St. Louis, Missouri, stands out as a prime city for Trust Officers due to its high average salary of $109,603. Pittsburgh, Pennsylvania, also offers competitive pay with an average salary of $97,991. Milwaukee, Wisconsin, Las Vegas, Nevada, Minneapolis, Minnesota, and Sioux Falls, South Dakota, provide attractive opportunities with average salaries ranging from $85,821 to $91,826. These cities show strong potential for career growth and financial rewards in the trust officer field.
Graph displaying highest paying cities salaries for Trust Officer jobs, highlighting St. Louis, MO with the highest at $109,603 and Sioux Falls, SD with the lowest at $85,821.
  1. St. Louis, MO
    Average Salary: $109,603
    In St. Louis, professionals manage large estates and investments. They work closely with families to secure their wealth. Companies like Edward Jones offer great opportunities.
    Find Trust Officer jobs in St. Louis, MO


  2. Pittsburgh, PA
    Average Salary: $97,991
    Pittsburgh offers a dynamic environment for those who oversee trust funds. The city’s strong financial sector provides many job opportunities. PNC and BNY Mellon are key players in the industry.
    Find Trust Officer jobs in Pittsburgh, PA


  3. Milwaukee, WI
    Average Salary: $91,826
    Milwaukee's professionals help families preserve and grow their wealth. The local economy supports a variety of trust management roles. Fiserv and Northwestern Mutual are notable employers.
    Find Trust Officer jobs in Milwaukee, WI


  4. Las Vegas, NV
    Average Salary: $90,018
    In Las Vegas, managing trusts is key for the city’s diverse population. The area’s growing businesses offer many positions. Companies like Caesars Entertainment are leaders in the field.
    Find Trust Officer jobs in Las Vegas, NV


  5. Minneapolis, MN
    Average Salary: $87,365
    Minneapolis provides a solid foundation for trust management careers. The city’s robust financial industry offers many job opportunities. Wells Fargo and U.S. Bank are significant employers.
    Find Trust Officer jobs in Minneapolis, MN


  6. Sioux Falls, SD
    Average Salary: $85,821
    Sioux Falls offers a stable environment for those in trust management. The city’s strong financial sector provides numerous opportunities. Great Western Bank and Avera Health are notable employers.
    Find Trust Officer jobs in Sioux Falls, SD

What are the best companies a Trust Officer can work for?

Companies like Piper Companies, Edward Jones, and Zachary Piper Solutions pay Trust Officers the highest salaries. These firms offer an average annual salary of over $114,000. This shows a good opportunity for job seekers in these roles. Wells Fargo, U.S. Bank, KeyBank, and Arvest Bank also provide competitive pay. They offer average salaries that range from $74,000 to $94,000 per year. These companies remain solid choices for those in this field.
Graph displaying best paying company salaries for Trust Officer jobs, highlighting Piper Companies with the highest at $119,824 and Arvest Bank with the lowest at $74,719.
  1. Piper Companies
    Average Salary: $119,824
    Piper Companies offers Trust Officer positions that focus on managing client trust accounts. They are known for their personalized service and have locations across the United States.


  2. Edward Jones
    Average Salary: $115,821
    Edward Jones provides Trust Officer roles that emphasize client relationships and wealth management. They operate many branches across the country, with a strong presence in the Midwest.


  3. Zachary Piper Solutions
    Average Salary: $114,773
    Zachary Piper Solutions seeks Trust Officers who will manage complex trust accounts. They offer competitive pay and have offices in several major cities, including New York, Chicago, and Los Angeles.


  4. Wells Fargo
    Average Salary: $93,598
    Wells Fargo hires Trust Officers to manage trust accounts and ensure compliance with regulations. They have a widespread network of branches nationwide, offering diverse opportunities for career growth.


  5. U.S. Bank
    Average Salary: $92,915
    U.S. Bank provides Trust Officer positions that focus on trust and estate planning services. They have a strong presence in many states, particularly in the Midwest and West.


  6. KeyBank
    Average Salary: $80,382
    KeyBank offers Trust Officer jobs that involve managing client trust assets and ensuring regulatory compliance. They have branches across the Northeast and Midwest, providing various career opportunities.


  7. Arvest Bank
    Average Salary: $74,719
    Arvest Bank employs Trust Officers who manage high-net-worth clients’ trust accounts. They are a regional bank with branches in Oklahoma, Arkansas, and Kansas, offering a strong community focus.

How to earn more as a Trust Officer?

Becoming a Trust Officer often leads to a rewarding career, but earning more in this role requires certain steps. By focusing on key areas, it is possible to increase earnings and job satisfaction.

Experience plays a crucial role in salary growth. Trust Officers with more years of experience can expect higher pay due to their proven track record and expertise. Building a strong portfolio of successful trust management cases enhances market value. Additionally, specialization in areas like estate planning, corporate trusts, or offshore trusts can command higher salaries. Networking with other professionals and attending relevant seminars and workshops can boost visibility and skills. Lastly, staying updated with changes in tax laws and financial regulations helps in managing trust accounts more effectively, which can lead to higher earnings.

The following factors can help a Trust Officer earn more:

  1. Gain more experience
  2. Specialize in specific areas of trust management
  3. Network with other professionals
  4. Attend seminars and workshops
  5. Stay updated with financial regulations

Currently 40 Trust Officer job openings, nationwide.

How's the job market for a Trust Officer in the US?

Learn what a Trust Officer does, how to become one, and understand the job outlook. Get simple steps to start your career as a Trust Officer today.
Position
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Trust Officer
40 Job Openings