As of March 01, 2025, the average annual salary for a Managing Partner in Richmond, VA is $190,860. According to Salary.com, salaries can range from a low of $143,959 to a high of $243,111, with most professionals earning between $166,310 and $218,210.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $218,210 | $18,184 | $4,196 | $105 |
| Average | $190,860 | $15,905 | $3,670 | $92 |
| 25th Percentile | $166,310 | $13,859 | $3,198 | $80 |
An entry-level Managing Partner with under 1 year experience makes about $179,358. With less than 2 years of experience, a mid-level Managing Partner makes around $180,443. After 2-4 years, the Managing Partner pay rises to about $182,976. Those senior Managing Partner with 5-8 years of experience earn roughly $185,870, and those Managing Partner having 8 years or more experience are expected to earn about $189,208 on average.
| Levels | Salary |
|---|---|
| Entry Level Managing Partner | $179,358 |
| Intermediate Level Managing Partner | $180,443 |
| Senior Level Managing Partner | $182,976 |
| Specialist Level Managing Partner | $185,870 |
| Expert Level Managing Partner | $189,208 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 3% |
| Experienced | 1% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
Product Development: Overseeing the creation of new products or improvement of the performance, cost, or quality of existing products to achieve business goals.
| Skill | Salary | Demand |
|---|---|---|
|
Product Development
|
$213,763 |
12%
|
|
Investment Banking
|
$211,855 |
11%
|
|
Intellectual Property
|
$209,946 |
10%
|
|
Products and Services
|
$209,946 |
10%
|
|
Negotiating
|
$208,037 |
9%
|
|
Legal Advice
|
$206,129 |
8%
|
