As of March 01, 2025, the average annual salary for a VP of Asset Management in Michigan is $276,412. Salary.com reports that pay typically ranges from $210,035 to $404,370, with most professionals earning between $149,602 and $520,870.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $409,696 | $34,141 | $7,879 | $197 |
| Average | $280,053 | $23,338 | $5,386 | $135 |
| 25th Percentile | $212,801 | $17,733 | $4,092 | $102 |
An entry-level VP of Asset Management with under 1 year experience makes about $233,307. With less than 2 years of experience, a mid-level VP of Asset Management makes around $239,188. After 2-4 years, the VP of Asset Management pay rises to about $247,031. Those senior VP of Asset Management with 5-8 years of experience earn roughly $256,834, and those VP of Asset Management having 8 years or more experience are expected to earn about $266,637 on average.
| Levels | Salary |
|---|---|
| Entry Level VP of Asset Management | $233,307 |
| Intermediate Level VP of Asset Management | $239,188 |
| Senior Level VP of Asset Management | $247,031 |
| Specialist Level VP of Asset Management | $256,834 |
| Expert Level VP of Asset Management | $266,637 |
| Entry Level | 17% |
| Mid Level | 15% |
| Senior Level | 12% |
| Top Level | 8% |
| Experienced | 5% |
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VP of Asset Management salary varies from city to city. Compared with national average salary of VP of Asset Management, the highest VP of Asset Management salary is in San Francisco, CA, where the VP of Asset Management salary is 25.0% above. The lowest VP of Asset Management salary is in Miami, FL, where the VP of Asset Management salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $350,066 |
25.0%
|
| Washington, DC | $311,699 |
11.3%
|
| Miami, FL | $270,251 |
|
| Chicago, IL | $293,775 |
4.9%
|
| Boston, MA | $313,939 |
12.1%
|
| New York, NY | $327,102 |
16.8%
|
