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As of August 01, 2026, the average salary for a Fund Manager in Illinois is $89,958 per year, which breaks down to an hourly rate of $43.
However, a Fund Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Fund Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $98,385 | $8,199 | $1,892 | $47 |
| Average | $89,958 | $7,497 | $1,730 | $43 |
| 25th Percentile | $80,643 | $6,720 | $1,551 | $39 |
Geneva Search Partners - Chicago, IL
Geneva Search Partners - Chicago, IL
Geneva Search Partners - Chicago, IL
Chicago Atlantic Advisers LLC - Chicago, IL
A 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.
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 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 Fund Manager roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Business Services, offers compensation 20% above the average. Conversely, Fund Manager positions in Financial Services typically offer lower base pay, as this sector often view Fund Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Business Services | $107,950 | $52.0 | 20% |
Understanding how a 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 | $98,385 | $8,199 | $1,892 | $47 |
| Average | $89,958 | $7,497 | $1,730 | $43 |
| 25th Percentile | $80,643 | $6,720 | $1,551 | $39 |
Ready to take the next step in your career? Browse thousands of current Fund Manager job openings on our job board. Use the search bar below to find your perfect match.
Barings
Chicago, IL
Barings | Chicago, IL
Fund Accountant, Private CreditAt Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and... more
7 Days Ago
SS&C Technologies Holdings
Chicago, IL
SS&C Technologies Holdings | Chicago, IL
Associate Director. SS&C GlobeOp is a leading provider of cloud-based fund services, technology and mobility-enabled infrastructure for hedge funds, fund o... more
7 Days Ago
Geneva Search Partners
Chicago, IL
Geneva Search Partners | Chicago, IL
Job Description. Job Description. Our client, a nationally recognized private equity fund services organization, is looking to hire a. Fund Controller. to ... more
8 Days Ago
Sonoma Consulting Inc
Naperville, IL
Sonoma Consulting Inc | Naperville, IL
Fund Accountant (Local to IL). Fund Accountant Overview: The Fund Accountant applies principles of accounting to analyze financial information and prepare ... more
9 Days Ago
Blue Prism Group
Chicago, IL
Blue Prism Group | Chicago, IL
Sales Executive Fund Administration Services. This role is responsible for identifying, developing, and closing new business opportunities within target ma... more
5 Days Ago
Scotiabank
Chicago, IL
Scotiabank | Chicago, IL
Associate Director, Hedge Fund CoverageJoin a purpose driven winning team, committed to results, in an inclusive and high-performing culture.Global Banking... more
7 Days Ago
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