Fred Alger Management Inc Salary

Fred Alger Management Inc Salary

How much does the Fred Alger Management Inc Pay for employees?

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As of August 2026, the average annual salary for employees at Fred Alger Management Inc in the United States is $123,390. This translates to an approximate hourly wage of $59. Salaries at Fred Alger Management Inc typically range from $108,111 to $140,035 annually, reflecting the diverse roles and experience levels within the company. Fred Alger Management Inc’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Fred Alger Management Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Fred Alger Management Inc. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at Fred Alger Management Inc

Ready for your next career move? Explore current job openings at Fred Alger Management Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Fred Alger Management Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Fred Alger Management Inc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
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90k
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30k
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Average Salary ($/year)
Fred Alger Management Inc
Financial Services
WhaleWisdom LLC
PPM America Inc
Industry Comparison
Our data shows that, on average, compensation at Fred Alger Management Inc is above the average for the U.S. Financial Services industry by approximately 2%. This positioning suggests their pay is competitive within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Fred Alger Management Inc average annual salary with several similar companies. Fred Alger Management Inc average salary of $123,390 is lower than WhaleWisdom LLC, which has an average salary of $131,407. It is higher than PPM America Inc, with their average salary at $109,277. This places Fred Alger Management Inc in a mid-range position among its peers.
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The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Fred Alger Management Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Fred Alger Management Inc. Click a company name to learn more.

Employee Reviews: Working at Fred Alger Management Inc

Considering a career at Fred Alger Management Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Employees are encouraged to share ideas and contribute to continuous improvement. The work is fast-paced but rewarding, with opportunities to shape industry trends. Benefits are solid, although pay raises are infrequent. With employees, everyone is aligned in delivering exceptional service. The team culture promotes growth and recognizes contributions.
Commented in June 01, 2025
40
2
Benefits, including retirement contributions and wellness programs, are comprehensive. From specialized financial workshops to support for industry certifications, the company ensures we stay ahead in a dynamic market. There’s strong mentorship and regular check-ins. Job expectations are transparent, and tools are adequate for the work. Training and development are available but lack consistency. ...
Commented in January 02, 2025
46
2
Great foundation for any finance career. This respectful approach minimizes disruption during transitions. Work feels somewhat siloed, and collaboration opportunities are limited. The culture emphasizes collaboration, innovation, and diversity, making every day rewarding.
Commented in September 25, 2024
28
2
Local partnerships create real impact. Strong teamwork and open communication across departments. This focus not only enhances my skills but also demonstrates a clear commitment to employee growth and career longevity within the firm. Joining this financial services company was a career-defining move.
Commented in March 07, 2024
50
1

Fred Alger Management Inc Overview

Website
www.alger.com
Founded In
1965
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Address
360 Park Ave S New York City New York NY 10010
Revenue
$50 Million - $200 Million
Phone Number
+1 8002233810
Social Media
About Fred Alger Management Inc
Fred Alger Management is an independent investment management company. It offers asset management and investment management services. The company was formed in 1964 and is headquartered in New York, New York.

What Benefits Does Fred Alger Management Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Fred Alger Management Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Fred Alger Management Inc.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Fred Alger Management Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Fred Alger Management Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Fred Alger Management Inc

1. What is the typical salary range (low to high) for most roles at Fred Alger Management Inc?

The typical annual salary range for most roles at Fred Alger Management Inc is approximately from $108,111 to $140,035. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Fred Alger Management Inc pay compared to WhaleWisdom LLC?

The average annual salary at Fred Alger Management Inc is $123,390, or an hourly wage of $59, in comparison to WhaleWisdom LLC which pays $131,407 per year or $63 per hour.

3. Do salaries differ significantly between departments at Fred Alger Management Inc?

Yes, salaries often differ between departments at Fred Alger Management Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Fred Alger Management Inc?

Experience level is a significant factor in determining salary at Fred Alger Management Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Fred Alger Management Inc in New York is fair given the local cost of living?

To determine if a salary offer from Fred Alger Management Inc in New York is fair, first compare the gross salary to our data for similar roles at Fred Alger Management Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New York" to understand its purchasing power.

6. What are the key factors that influence salary levels at Fred Alger Management Inc?

Several key factors influence salary levels at Fred Alger Management Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Fred Alger Management Inc likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.

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