Hourly Wage for Portfolio Manager Salary in the United States
Hourly Wage for Portfolio Manager Salary
How much does a Portfolio Manager make hourly in the United States? The average hourly wage for a Portfolio Manager in the United States is $57 as of March 26, 2024, but the range typically falls between $48 and $68. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
| Percentile | Hourly Pay Rate | Location | Last Updated |
| 10th Percentile Portfolio Manager Salary | $41 | US | March 26, 2024 |
| 25th Percentile Portfolio Manager Salary | $48 | US | March 26, 2024 |
| 50th Percentile Portfolio Manager Salary | $57 | US | March 26, 2024 |
| 75th Percentile Portfolio Manager Salary | $68 | US | March 26, 2024 |
| 90th Percentile Portfolio Manager Salary | $78 | US | March 26, 2024 |
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Job Description
The Portfolio Manager reviews the customer's goals and develops investment strategies that will attain and support those objectives with acceptable risk. Responsible for managing, evaluating, and monitoring key or complex investment portfolios comprised of bonds, securities, and equity funds in a banking environment. Being a Portfolio Manager monitors daily investment activities to be aware of market changes. Considers legal and tax impact of investment decisions. In addition, Portfolio Manager may manage a team of portfolio manages. Requires a bachelor's degree. Typically reports to top management. Requires Chartered Financial Analyst (CFA) Level 1. Being a Portfolio Manager gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Working as a Portfolio Manager typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)
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Career Path for this job
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Down a level:
Associate Portfolio Manager
2 - 4 years experience
Bachelor's Degree -
This Job:
Portfolio Manager
4 - 7 years experience
Bachelor's Degree -
Up a level:
Client Investment Portfolio Manager III
7 + years experience
Bachelor's Degree
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Level of Education
- Portfolio Manager Salaries with No Diploma
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