As of March 01, 2025, the average annual salary for a Managing Partner in Rochester, MN is $196,750. According to Salary.com, salaries can range from a low of $148,397 to a high of $250,606, with most professionals earning between $171,440 and $224,940.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $224,940 | $18,745 | $4,326 | $108 |
| Average | $196,750 | $16,396 | $3,784 | $95 |
| 25th Percentile | $171,440 | $14,287 | $3,297 | $82 |
An entry-level Managing Partner with under 1 year experience makes about $184,888. With less than 2 years of experience, a mid-level Managing Partner makes around $186,007. After 2-4 years, the Managing Partner pay rises to about $188,617. Those senior Managing Partner with 5-8 years of experience earn roughly $191,601, and those Managing Partner having 8 years or more experience are expected to earn about $195,041 on average.
| Levels | Salary |
|---|---|
| Entry Level Managing Partner | $184,888 |
| Intermediate Level Managing Partner | $186,007 |
| Senior Level Managing Partner | $188,617 |
| Specialist Level Managing Partner | $191,601 |
| Expert Level Managing Partner | $195,041 |
| 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
|
$220,360 |
12%
|
|
Investment Banking
|
$218,393 |
11%
|
|
Intellectual Property
|
$216,425 |
10%
|
|
Products and Services
|
$216,425 |
10%
|
|
Negotiating
|
$214,458 |
9%
|
|
Legal Advice
|
$212,490 |
8%
|
