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How much does a Portfolio Manager II make?

As of February 01, 2025, the average annual salary for a Portfolio Manager II in the United States is $122,314. According to Salary.com, salaries can range from a low of $88,062 to a high of $162,481, with most professionals earning between $104,385 and $143,339.

Portfolio Manager II Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $143,339 $11,945 $2,757 $69
Average $122,314 $10,193 $2,352 $59
25th Percentile $104,385 $8,699 $2,007 $50

Average Salary

25% $104,385 10% $88,062 90% $162,481 75% $143,339 $122,314 50%(Median) Didn’t find job title? Click
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How much does a Portfolio Manager II make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Portfolio Manager II salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Portfolio Manager II hourly pay, weekly pay, monthly pay and so on.

Last Updated on February 01, 2025
Last Updated on February 01, 2025

How Does Experience Level Affect a Portfolio Manager II's Salary?

An entry-level Portfolio Manager II with less than 1 year of experience earns about $114,435. With 1-2 years of experience, the average salary increases to $115,230. For 2-4 years of experience, the pay typically rises to $117,878. Senior-level professionals with 5-8 years of experience earn around $121,057, and those with over 8 years of experience can expect an average of $126,336.

Levels Salary
Entry Level Portfolio Manager II $114,435
Intermediate Level Portfolio Manager II $115,230
Senior Level Portfolio Manager II $117,878
Specialist Level Portfolio Manager II $121,057
Expert Level Portfolio Manager II $126,336
$114,435 0 yr
$115,230 < 2 yrs
$117,878 2-4 yrs
$121,057 5-8 yrs
$126,336 > 8 yrs
Last Updated on February 01, 2025
Entry Level 6%
Mid Level 6%
Senior Level 4%
Top Level 1%
Experienced 3%
View as graph
Last Updated on February 01, 2025

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

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of February 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Portfolio Manager II is $152,892.
  • In New York, NY, the average annual salary is $142,863.
  • In Boston, MA, a Portfolio Manager II earns $137,114 per year.

What is the salary trend of Portfolio Manager II?

As of February 01, 2025, our research reveals a significant shift in Portfolio Manager II compensation over the past six years. For example, the median salary increased from $104,972 in 2023 to approximately $103,514 in 2024. (For a detailed analysis of Portfolio Manager II salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Portfolio Manager II Over Time

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

Portfolio Manager II 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 February 01, 2025

Job Openings of Portfolio Manager II

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

Most Common Benefits for Portfolio Manager II

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 $122,314 64.8%
Bonus $17,137 9.1%
Value of Benefits
Core Compensation Median % of Total
Social Security $10,668 5.7%
401K/403B $6,554 3.5%
Disability $1,116 0.6%
Healthcare $6,056 3.2%
Pension $7,670 4.1%
Time Off $17,163 9.1%
Total Compensation $188,678 100%
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 February 01, 2025

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

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

According to our 100% employer reported salary sources the median salary for a Portfolio Manager II with a No Diploma is $108,873 - $119,203. 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 II Salaries by Degree Level

Last Updated on February 01, 2025
Typical Education for Portfolio Manager II
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 II
High School 3.7%
Associates 3.7%
Bachelors 44.4%
Masters 48.1%
view as table

Portfolio Manager II Salaries by Degree Level

Last Updated on February 01, 2025

What Am I Worth?

FAQ about Portfolio Manager II

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

The average annual salary of Portfolio Manager II is $122,314. In case you are finding an easy salary calculator, the average hourly pay of Portfolio Manager II is $59; the average weekly pay of Portfolio Manager II is $2,352; the average monthly pay of Portfolio Manager II is $10,193.

2. Where can a Portfolio Manager II earn the most?

A Portfolio Manager II'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 II earns the most in San Jose, CA, where the annual salary of a Portfolio Manager II is $153,504.

3. What is the highest pay for Portfolio Manager II?

The highest pay for Portfolio Manager II is $162,481.

4. What is the lowest pay for Portfolio Manager II?

The lowest pay for Portfolio Manager II is $88,062.

5. What are the responsibilities of Portfolio Manager II?

Portfolio Manager II is responsible for managing, evaluating, and monitoring key or complex investment portfolios comprised of bonds, securities, and equity funds in a banking environment. Reviews the customer's goals and develops investment strategies that will attain and support those objectives with acceptable risk. Being a Portfolio Manager II considers legal and tax impact of investment decisions. Monitors daily investment activities to be aware of market changes. Additionally, Portfolio Manager II may manage a team of portfolio managers. Requires a bachelor's degree. May require National Association of Securities Dealers (NASD). Typically reports to senior management. The Portfolio Manager II work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Portfolio Manager II typically requires 4 -7 years of related experience.

6. What are the skills of Portfolio Manager II

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 provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Portfolio Manager II is $122,314 per year in the United States, updated at February 01, 2025.
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