As of July 01, 2026, the average salary for a Portfolio Manager III in the United States is $114,846 per year, which breaks down to an hourly rate of $55.
However, a Portfolio Manager III's salary can vary significantly. Here’s a look at the typical salary range:
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A Portfolio Manager III'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.
Experience is a primary driver of a Portfolio Manager III'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 |
|---|---|---|
| Portfolio Manager I | 2-4 years | $83,427 |
| Portfolio Manager III | 4-7 years | $114,846 |
| Portfolio Manager III | 7+ years | $153,225 |
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 Portfolio Manager IIIs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 10.8% |
| Due Diligence | 1.93% |
| Microsoft Office | 1.21% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Employment Authorization
|
$128,628 |
12%
|
|
Technical Support
|
$125,182 |
9%
|
|
Consulting
|
$122,885 |
7%
|
|
Alignment
|
$122,885 |
7%
|
|
Field Support
|
$121,737 |
6%
|
|
Project Management
|
$120,588 |
5%
|
Portfolio Manager III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $123,819. While startup companies pay approximate $104,873.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $104,873 |
| Growth Stage | 51~500 | $110,897 |
| Established | 501~5000 | $119,614 |
| Enterprise | 5000+ | $123,819 |
For Portfolio Manager III roles, the industry you choose can affect earning potential by as much as 80% (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 Insurance or Business Services typically offer lower base pay, as these industries often view Portfolio Manager III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $160,784 | $77.0 | 40% |
| Edu., Gov't. & Nonprofit | $120,588 | $58.0 | 5% |
Your level of education can impact your salary potential. While many Portfolio Manager IIIs enter the field with a No Diploma degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Portfolio Manager III with a No Diploma is between $108,873 and $119,203).
Portfolio Manager III Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 3.7% |
| High School | 3.7% |
| Associates | 3.7% |
| Bachelors | 44.4% |
| Masters | 48.1% |
| Doctorate | 0.0% |
Understanding how a Portfolio Manager III'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 July 01, 2026For a Portfolio Manager III, the most direct path to higher earnings is advancing to the Portfolio Manager IV role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $153,225 - a projected growth of 33% over your current level.
Salaries for a Portfolio Manager III can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $104,972 in 2023 to around $101,288 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Portfolio Manager III salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $104,972 |
| 2024 | $103,514 |
| 2025 | $101,288 |
| 2026 |
View More
|
| 2027 |
View More
|
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A Portfolio Manager III'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 III earns the most in San Jose, CA, where the annual salary of a Portfolio Manager III is $144,855.
The highest pay for Portfolio Manager III is $141,860.
The lowest pay for Portfolio Manager III is $92,194.
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. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience.
The Financial Services industry offers the highest average compensation for Portfolio Manager III roles, with salaries approximately 40% above the market median.
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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