Fund Administrator Salary in Richmond, Virginia

How much does a Fund Administrator make?

As of December 01, 2024, the average annual pay of Fund Administrator in Richmond, VA is $221,313. While Salary.com is seeing that Fund Administrator salary in Richmond, VA can go up to $310,990 or down to $169,340, but most earn between $194,108 and $268,254. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Fund Administrator in the United States.

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Salary range for a Fund Administrator

$194,108 to $268,254

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Fund Administrator

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Job Openings for Fund Administrator in Richmond, VA

What does a Fund Administrator do?

Common responsibilities of a Fund Administrator

Execute allocations of cash distributions and hypothetical fund liquidations.

May 25, 2022

Provide resolution to internal and external transaction processing queries where appropriate.

July 17, 2022

Demonstrate awareness and understanding of fee proposals/letters of engagement to ensure accurate time recording of team members and production of accurate invoices.

August 13, 2022

Prepares quarterly accounting packages, including partner allocations.

November 26, 2022

Attend seminars and workshops to enhance professional and technical knowledge.

January 04, 2023

Assist in the development of policies, procedures and documentation to evidence the effectiveness of the valuation governance & control environment, as well as to administer tolerances used for valuation and price testing.

February 08, 2023

Reviewing legal documents sent to us by our fund portfolio companies, often in connection to investment opportunities and often with a deadline.

March 01, 2023

Understanding of major aspects of registered investment companies from an investment, valuation and operational perspective.

March 20, 2023

Developing close professional relationships, being attentive to client needs and concerns and maintaining client and investor confidentiality.

May 03, 2023

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Fund Administrator Salary By Experience Levels in Richmond, VA

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Fund Administrator Salary By Level of Education in Richmond, VA

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Fund Administrator in Richmond, VA

Average Base Salary

Core compensation

194108

268254

221313

Average Total Cash Compensation

Includes base and annual incentives

216533

558438

276749

What is the average salary for Fund Administrator in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Fund Administrator in Richmond, VA. The base salary for Fund Administrator ranges from $194,108 to $268,254 with the average base salary of $221,313. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $216,533 to $558,438 with the average total cash compensation of $276,749.

View Average Salary for Fund Administrator as table

	Average Salary	Average Salary Range
Base Salary	$221,313	$194,108 - $268,254
Bonus	$55,436	$22,425 - $290,184
Total Pay	$276,749	$216,533 - $558,438

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Fund Administrator Salary Near Richmond, VA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Richmond, VA
CITY, STATE Petersburg, VA	AVERAGE SALARY RANGE $198,697 - $274,595	COMPARE TO Richmond, VA
CITY, STATE Virginia State University, VA	AVERAGE SALARY RANGE $198,697 - $274,595	COMPARE TO Richmond, VA
CITY, STATE Newport News, VA	AVERAGE SALARY RANGE $188,882 - $261,030	COMPARE TO Richmond, VA
CITY, STATE Hampton, VA	AVERAGE SALARY RANGE $188,882 - $261,030	COMPARE TO Richmond, VA
CITY, STATE Suffolk, VA	AVERAGE SALARY RANGE $187,736 - $259,448	COMPARE TO Richmond, VA
CITY, STATE Portsmouth, VA	AVERAGE SALARY RANGE $187,844 - $259,597	COMPARE TO Richmond, VA

See salaries for Fund Administrator in locations close to Richmond, VA. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Richmond, Virginia

Richmond (/ˈrɪtʃmənd/) is the capital of the Commonwealth of Virginia in the United States. It is the center of the Richmond Metropolitan Statistical Area (MSA) and the Greater Richmond Region. Richmond was incorporated in 1742 and has been an independent city since 1871. As of the 2010 census, the city's population was 204,214; in 2016, the population was estimated to be 223,170, making Richmond the fourth-most populous city in Virginia. The Richmond Metropolitan Area has a population of 1,260,029, the third-most populous metro in the state. Richmond is located at the fall line of the James R...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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The Fund Administrator job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Richmond, VA that might be a good fit for the type of job and salary you are looking for.

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