Mutual Fund Specialist Salary in the United States

How much does a Mutual Fund Specialist make in the United States?

As of October 01, 2026, the average salary for a Mutual Fund Specialist in the United States is $131,550 per year, which breaks down to an hourly rate of $63.

However, a Mutual Fund Specialist's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $155,039
  • Majority Range (25th-75th percentile): $112,814 to $143,845
  • Entry-Level (10th percentile): $95,756

Key Factors That Influence Mutual Fund Specialist Salaries

A Mutual Fund Specialist'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 Mutual Fund Specialist Salaries?

Experience is a primary driver of a Mutual Fund Specialist'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:

  • Entry-Level (less than 1 year): $94,504
  • Early Career (1-2 years): $114,949
  • Mid-Level (2-4 years): $135,453
  • Senior-Level (5-8 years): $185,027
  • Expert (over 8 years): $206,588
Levels Salary
Investmen... Level Mutual Fund Specialist$94,504
Investmen... Level Mutual Fund Specialist$114,949
Mutual Fu... Level Mutual Fund Specialist$135,453
Investmen... Level Mutual Fund Specialist$185,027
Investmen... Level Mutual Fund Specialist$206,588

How Do Mutual Fund Specialist 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 Mutual Fund Specialists. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $145,652.
  • California: $145,100.
  • Massachusetts: $143,166.

Top Paying Cities for Mutual Fund Specialists

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: $165,924
  • San Francisco: $164,107
  • Oakland: $160,649

What Skills Can Increase a Mutual Fund Specialist's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 8.78% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Asset Management (Mentioned in 2.33% Job Postings): Asset management refers to systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings or equipment) and to intangible assets (such as human capital, intellectual property, goodwill and/or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks and performance attributes). The term is commonly used in the financial sector to describe people and companies who manage investments on behalf of others. Those include, for example, investment managers that manage the assets of a pension fund. It is also increasingly used in both the business world and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance and sustainability.
  • PowerPoint (Mentioned in 1.53% Job Postings): A computer software created by Microsoft which allows the user to create slides with recordings, narrations, transitions and other features in order to present information.
Skills Demand Percentage
Analysis 8.78%
Asset Management 2.33%
PowerPoint 1.53%

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 Mutual Fund Specialist's salary.

  • Investment Performance: Can increase your salary by up to 10%.
  • Negotiating: Can increase your salary by up to 10%.
  • Project Management: Can increase your salary by up to 9%.
Skill Salary Salary % Increase
Investment Performance $144,705
10%
Negotiating $144,705
10%
Project Management $143,390
9%

Mutual Fund Specialist Salary by Industry: Top Paying Sectors

For Mutual Fund Specialist 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 Financial Services and Internet sectors offer the strongest compensation, at 30% above the average. In contrast, Mutual Fund Specialist positions in Edu., Gov't. & Nonprofit or Software & Networking typically offer lower base pay, as these industries often view Mutual Fund Specialist as a support function rather than a direct revenue driver.

The top paying industries for a Mutual Fund Specialist

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$171,015$82.030%
Internet$164,438$79.025%
Insurance$138,128$66.05%

How Education impacts a Mutual Fund Specialist's Salary?

Your level of education can impact your salary potential. While many Mutual Fund Specialists enter the field with a Associate's Degree 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 Mutual Fund Specialist with a Associate's Degree is between $133,740 and $145,969).

Mutual Fund Specialist Salaries by Degree Level

Typical Education for Mutual Fund Specialist
Degree Level % of user with this level of education
No Diploma 0.2%
High School 5.4%
Associates 4.0%
Bachelors 63.7%
Masters 25.6%
Doctorate 1.2%

Mutual Fund Specialist Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Mutual Fund Specialist'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 October 01, 2026
$112,814
Average $131,550/year
$143,845
$9,401
Average $10,963/month
$11,987
$2,170
Average $2,530/week
$2,766
$54
Average $63/hour
$69
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $143,845 $11,987 $2,766 $69
Average $131,550 $10,963 $2,530 $63
25th Percentile $112,814 $9,401 $2,170 $54

Most common benefits for Mutual Fund Specialist

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

Common company salaries for Mutual Fund Specialist

Here are companies hiring for Mutual Fund Specialist and their salaries, click below for more details.

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FAQ about Mutual Fund Specialist

1. What industry pays the highest salary for Mutual Fund Specialist?

The Financial Services industry offers the highest average compensation for Mutual Fund Specialist roles, with salaries approximately 30% 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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