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Portfolio Manager II Salary in the United States

How much does a Portfolio Manager II make in the United States?

As of August 01, 2026, the average salary for a Portfolio Manager II in the United States is $83,419 per year, which breaks down to an hourly rate of $40.

However, a Portfolio Manager II's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $94,200
  • Majority Range (25th-75th percentile): $71,749 to $89,062
  • Entry-Level (10th percentile): $61,124
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Portfolio Manager II Salaries

A Portfolio Manager II'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, education and company size can directly affect your earning potential.

How Experience Level Affects Portfolio Manager II Salaries?

Experience is a primary driver of a Portfolio Manager II'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:

  • Portfolio Manager II (2-4 years): $83,419
  • Portfolio Manager II (4-7 years): $114,850
  • Portfolio Manager III (7+ years): $153,245
Job Role Years of Experience Average Salary
Portfolio Manager II2-4 years$83,419
Portfolio Manager II4-7 years$114,850
Portfolio Manager III7+ years$153,245
View as Graph

How Do Portfolio Manager IIs Salaries Vary from State to State?

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 Portfolio Manager IIs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $92,362.
  • California: $92,011.
  • Massachusetts: $90,785.

Top Paying Cities for Portfolio Manager II

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:

  • San Jose: $105,216
  • San Francisco: $104,064
  • Oakland: $101,871

What Skills Can Increase a Portfolio Manager II's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 11.4% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Due Diligence (Mentioned in 1.77% Job Postings): Due diligence is the investigation or exercise of care that a reasonable business or person is expected to take before entering into an agreement or contract with another party, or an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations. A common example of due diligence in various industries is the process through which a potential acquirer evaluates a target company or its assets for an acquisition. The theory behind due diligence holds that performing this type of investigation contributes significantly to informed decision making by enhancing the amount and quality of information available to decision makers and by ensuring that this information is systematically used to deliberate in a reflexive manner on the decision at hand and all its costs, benefits, and risks.
  • Diversity and Inclusion (Mentioned in 1.1% Job Postings): Developing and promoting acquaintance, empowerment, and integration of each unique individual to create a productive and safe working environment.
Skills Demand Percentage
Analysis 11.4%
Due Diligence 1.77%
Diversity and Inclusion 1.1%
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What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Portfolio Manager II's salary.

  • Employment Authorization: Can increase your salary by up to 35%.
  • Mergers and Acquisitions: Can increase your salary by up to 9%.
  • Investment Management: Can increase your salary by up to 7%.
Skill Salary Salary % Increase
Employment Authorization $112,616
35%
Mergers and Acquisitions $90,927
9%
Investment Management $89,258
7%
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Portfolio Manager II Salary by Company Size: Startups vs. Enterprise

Portfolio Manager II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $89,814. While startup companies pay approximate $76,119.

Portfolio Manager II Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $76,119
Growth Stage 51~500 $80,483
Established 501~5000 $86,761
Enterprise 5000+ $89,814

Portfolio Manager II Salary by Industry: Top Paying Sectors

For Portfolio Manager II roles, the industry you choose can affect earning potential by as much as 65% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 40% above the average. In contrast, Portfolio Manager positions in Business Services or Insurance typically offer lower base pay, as these industries often view Portfolio Manager II as a support function rather than a direct revenue driver.

The top paying industries for a Portfolio Manager II

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$116,787$56.040%
Edu., Gov't. & Nonprofit$87,590$42.05%

How Education impacts an Portfolio Manager II's Salary?

Your level of education can impact your salary potential. While many Portfolio Manager II enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Portfolio Manager II with a Bachelor's Degree is between $83,873 and $90,835.

Portfolio Manager II Salaries by Degree Level

Typical Education for Portfolio Manager II
Degree Level % of user with this level of education
No Diploma 1.7%
High School 49.2%
Associates 49.2%
Bachelors 49.2%
Masters 49.2%
Doctorate 0.0%
View as Graph

Portfolio Manager II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Portfolio Manager II'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.

Last Updated on August 01, 2026
$71,749
Average $83,419/year
$89,062
$5,979
Average $6,952/month
$7,422
$1,380
Average $1,604/week
$1,713
$34
Average $40/hour
$43
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $89,062 $7,422 $1,713 $43
Average $83,419 $6,952 $1,604 $40
25th Percentile $71,749 $5,979 $1,380 $34

Portfolio Manager II Salary Growth & Career Path

Portfolio Manager II

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Advancement

For a Portfolio Manager II, the most direct path to higher earnings is advancing to the Portfolio Manager III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $114,850 - a projected growth of 38% over your current level.

Most common benefits for Portfolio Manager II

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Portfolio Manager II

Here are companies hiring for Portfolio Manager II and their salaries, click below for more details.

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FAQ about Portfolio Manager II

1. 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 $105,216.

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

The highest pay for Portfolio Manager II is $94,200.

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

The lowest pay for Portfolio Manager II is $61,124.

4. What are the responsibilities of Portfolio Manager II?

Manages investment portfolios on behalf of clients or institutions to achieve specified financial objectives. Implements investment strategies based on market analysis, risk tolerance, and client goals. Selects and monitors securities, including equities, bonds, fixed income, and alternative investments, to optimize portfolio performance. Conducts ongoing research and analysis of market trends, economic conditions, and asset classes. Communicates portfolio performance and strategy updates to clients and stakeholders. Ensures compliance with investment policies, regulations, and fiduciary standards. Requires a bachelor's degree. Typically requires passing of the FINRA SIE and Series 79 Exam. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience.

5. What industry pays the highest salary for Portfolio Manager II?

The Financial Services industry offers the highest average compensation for Portfolio Manager II roles, with salaries approximately 40% above the market median.

Where Does Our Salary Data Come From?

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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