As of July 01, 2026, the average salary for an Asset Management Manager in Illinois is $123,321 per year, which breaks down to an hourly rate of $59.
However, an Asset Management Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Asset Management Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $137,452 | $11,454 | $2,643 | $66 |
| Average | $123,321 | $10,277 | $2,372 | $59 |
| 25th Percentile | $109,137 | $9,095 | $2,099 | $52 |
Advocate Health - Oak Lawn, IL
UPMC Northwest PA and NY - Seneca, IL
The Staff Pad - Centralia, IL
Summit Recruiting Group - Mt. Vernon, IL
An Asset Management Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of an Asset Management Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Asset Management Administrator V | 7-10 years | $156,307 |
| Asset Management Supervisor | 10+ years | $111,928 |
| Asset Management Manager | 10+ years | $123,321 |
| Asset Management Senior Manager | 10+ years | $147,854 |
| Asset Management Director | 10+ years | $170,013 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Asset Management Managers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Asset Management Manager salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $137,934. While startup companies pay approximate $116,651.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $116,651 |
| Growth Stage | 51~500 | $123,376 |
| Established | 501~5000 | $133,201 |
| Enterprise | 5000+ | $137,934 |
For Asset Management Manager roles, the industry you choose can affect earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Financial Services sectors offer the strongest compensation, at 30% above the average. In contrast, Asset Management Manager positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Asset Management Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $160,317 | $77.0 | 30% |
| Financial Services | $154,151 | $74.0 | 25% |
| Internet | $147,985 | $71.0 | 20% |
| Chemicals | $141,819 | $68.0 | 15% |
| Aerospace & Defense | $135,653 | $65.0 | 10% |
Understanding how an Asset Management Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $137,452 | $11,454 | $2,643 | $66 |
| Average | $123,321 | $10,277 | $2,372 | $59 |
| 25th Percentile | $109,137 | $9,095 | $2,099 | $52 |
For an Asset Management Manager, the most direct path to higher earnings is advancing to the Asset Management Senior Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $147,854 - a projected growth of 20% over your current level.
Ready to take the next step in your career? Browse thousands of current Asset Management Manager job openings on our job board. Use the search bar below to find your perfect match.
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