As of July 01, 2026, the average salary for a Hedge Fund Manager in Illinois is $143,054 per year, which breaks down to an hourly rate of $69.
However, a Hedge Fund Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Hedge Fund Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $154,011 | $12,834 | $2,962 | $74 |
| Average | $143,054 | $11,921 | $2,751 | $69 |
| 25th Percentile | $136,275 | $11,356 | $2,621 | $66 |
Blue Prism Group - Chicago, IL
Scotiabank - Chicago, IL
Sonoma Consulting Inc - Naperville, IL
Blue Prism Group - Chicago, IL
A Hedge Fund 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 a Hedge Fund 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:
| Levels | Salary |
|---|---|
| Chemical ... Level Hedge Fund Manager | $100,882 |
| Chemical ... Level Hedge Fund Manager | $118,717 |
| Hedge Fun... Level Hedge Fund Manager | $143,525 |
| Chemical ... Level Hedge Fund Manager | $171,020 |
| Chemical ... Level Hedge Fund Manager | $197,256 |
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 Hedge Fund 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:
For Hedge Fund 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 Pharmaceuticals and Financial Services sectors offer the strongest compensation, at 30% above the average. In contrast, Hedge Fund Manager positions in Retail & Wholesale or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Hedge Fund Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $185,970 | $89.0 | 30% |
| Financial Services | $178,817 | $86.0 | 25% |
| Software & Networking | $178,817 | $86.0 | 25% |
| Energy & Utilities | $171,664 | $83.0 | 20% |
| MFG Durable | $164,512 | $79.0 | 15% |
Understanding how a Hedge Fund 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 | $154,011 | $12,834 | $2,962 | $74 |
| Average | $143,054 | $11,921 | $2,751 | $69 |
| 25th Percentile | $136,275 | $11,356 | $2,621 | $66 |
Ready to take the next step in your career? Browse thousands of current Hedge Fund Manager job openings on our job board. Use the search bar below to find your perfect match.
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