Recruiters in the City take home the fourth highest average annual income, according to a new report.

The Route City Wealth Club’s Top Wealth Generating Careers Report 2008 found that senior professionals and directors of recruitment agencies earn on average £477,500 a year. Only traders and finance and legal professionals earn a higher average annual income.

The report also revealed that the peak years for recruiters are between the ages of 41 and 45 years when their average earnings peak at £583,300, while the average earnings for a 20-year career in recruitment is £9,197,900.