upper level job

What is the highest and lowest pay for Portfolio Manager?

As of November 01, 2024, the average annual pay of Portfolio Manager in the United States is $121,380. While Salary.com is seeing that the highest pay for Portfolio Manager in the US can go up to $161,232 and the lowest down to $87,393, but most earn between $103,590 and $142,240. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Portfolio Manager in the United States.

Portfolio Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $142,240 $11,853 $2,735 $68
Average $121,380 $10,115 $2,334 $58
25th Percentile $103,590 $8,633 $1,992 $50

Average Salary

25% $103,590 10% $87,393 90% $161,232 75% $142,240 $121,380 50%(Median) Didn’t find job title? Click
Change Search Criteria

What is the highest and lowest pay for Portfolio Manager?

As of November 01, 2024, the average annual pay of Portfolio Manager in the United States is $121,380. While Salary.com is seeing that the highest pay for Portfolio Manager in the US can go up to $161,232 and the lowest down to $87,393, but most earn between $103,590 and $142,240. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Portfolio Manager in the United States.

What is the hourly and monthly salary as a Portfolio Manager?

As of November 01, 2024, the average hourly salary is $58 (range: $42 to $78); the average monthly salary is $10,115 (range: $7,283 to $13,436).

Click the switch button below to see weekly and yearly salary of a Portfolio Manager.

Last Updated on November 01, 2024
Last Updated on November 01, 2024

What are the salaries of Portfolio Manager with different levels of experience?

As of November 01, 2024, Salary.com is seeing that an entry-level Portfolio Manager with under 1 year experience makes about $114,441. With less than 2 years of experience, a mid-level Portfolio Manager makes around $115,235. After 2-4 years, the Portfolio Manager pay rises to about $117,883. Those senior Portfolio Manager with 5-8 years of experience earn roughly $121,060, and those Portfolio Manager having 8 years or more experience is expected to earn about $126,340 on average.

Levels Salary
Entry Level Portfolio Manager $114,441
Intermediate Level Portfolio Manager $115,235
Senior Level Portfolio Manager $117,883
Specialist Level Portfolio Manager $121,060
Expert Level Portfolio Manager $126,340
$114,441 0 yr
$115,235 < 2 yrs
$117,883 2-4 yrs
$121,060 5-8 yrs
$126,340 > 8 yrs
Last Updated on November 01, 2024
Entry Level 6%
Mid Level 5%
Senior Level 3%
Top Level 0%
Experienced 4%
View as graph
Last Updated on November 01, 2024

How much does salary of Portfolio Manager vary from city to city?

Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.

For example, as of November 01, 2024, the average yearly salary of Portfolio Manager in San Francisco, CA is $151,720 and in New York, NY, the average annual salary goes to $141,770. While a Portfolio Manager earns $136,060 per year in Boston, MA.

What is the salary trend of Portfolio Manager?

For those exploring the changing dynamics of Portfolio Manager salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of November 01, 2024, our research highlights a notable shift in Portfolio Manager compensation over the past six years. For instance, the median salary has moved from $104,972 in 2023 to about $103,514 in 2024 (for a comprehensive analysis of Portfolio Manager salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.

Average Annual Salary of Portfolio Manager Over Time

2020
$???
2021
$???
2022
$???
$104,972
2023
$103,514
2024
$101,288
2025
2026
$???
Last Updated on November 01, 2024
2020
$???
2021
$???
2022
$???
2023
$104,972
2024
$103,514
2025
$101,288
2026
$???
Last Updated on November 01, 2024

Portfolio Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $104,972
2024 $103,514
2025 $101,288
2026 View More
Last Updated on November 01, 2024

Job Openings of Portfolio Manager

Salary.com job board provides millions of Portfolio Manager information for you to search for. Click on search button below to see Portfolio Manager job openings or enter a new job title here.

Based on HR-reported data: a national average with a geographic differential
Base Salary 64.8%
Bonuses 9.1%
Social Security 5.7%
401k/403b 3.5%
Disability 0.6%
Healthcare 3.2%
Pension 4.1%
Time Off 9.1%
Core Compensation
Core Compensation Median % of Total
Base Salary $121,380 64.8%
Bonus $17,010 9.1%
Value of Benefits
Core Compensation Median % of Total
Social Security $10,587 5.7%
401K/403B $6,504 3.5%
Disability $1,107 0.6%
Healthcare $6,056 3.2%
Pension $7,611 4.1%
Time Off $17,033 9.1%
Total Compensation $187,288 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on November 01, 2024

What are the salaries of a Portfolio Manager with different levels of education?

Salaries for Portfolio Manager with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Portfolio Manager with a No Diploma is $107,174 - $117,209. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Portfolio Manager Salaries by Degree Level

Last Updated on November 01, 2024
Typical Education for Portfolio Manager
Degree Level % of user with this level of education
High School 3.7%
Associates 3.7%
Bachelors 44.4%
Masters 48.1%
Typical Education for Portfolio Manager
High School 3.7%
Associates 3.7%
Bachelors 44.4%
Masters 48.1%
view as table

Portfolio Manager Salaries by Degree Level

Last Updated on November 01, 2024

What Am I Worth?

FAQ about Portfolio Manager

1. What is the average salary of a Portfolio Manager?

The average annual salary of Portfolio Manager is $121,380. In case you are finding an easy salary calculator, the average hourly pay of Portfolio Manager is $58; the average weekly pay of Portfolio Manager is $2,334; the average monthly pay of Portfolio Manager is $10,115.

2. Where can a Portfolio Manager earn the most?

A Portfolio Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Portfolio Manager earns the most in San Jose, CA, where the annual salary of a Portfolio Manager is $152,330.

3. What is the highest pay for Portfolio Manager?

The highest pay for Portfolio Manager is $161,232.

4. What is the lowest pay for Portfolio Manager?

The lowest pay for Portfolio Manager is $87,393.

5. What are the responsibilities of Portfolio Manager?

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.

6. What are the skills of Portfolio Manager

Specify the abilities and skills that a person needs in order to carry out the specified job duties. 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.

1.)

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.)

Accounting: Creating financial statements and reports based on the summary of financial and business transactions.

3.)

Financial Statement Analysis: Financial statement analysis evaluates a company's performance or value through a company's balance sheet, or statement of cash flows. It is used to analyze whether an entity is stable, solvent, liquid, or profitable enough to a monetary investment.

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Is this useful?

The average salary for a Portfolio Manager is $121,380 per year in the United States, updated at November 01, 2024.
Is this useful? Maybe
lower level job