XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
£26,494 - £88,711
Country: United Kingdom | Currency: GBP | Updated: 20 May 2013 | Individuals Reporting: 89
Portfolio managers evaluate and track finances, as well as advise management of their business' finances. A portfolio manager holds a high level of responsibility in a company, as they are the primary expert in dealing with company finances; as a result, a company must trust in the portfolio manager's competence with financial matters. The portfolio manager advises senior management on where unnecessary money is being spent, where it can be saved, and where it would be better spent. They also provide financial forecasts for their company. Another duty of a portfolio manager is leading investor meetings.
A portfolio manager typically works in an office during normal business hours. Portfolio managers preside over a group of financial analysts, and they usually report to the company's top executives.
Requirements for becoming a portfolio manager typically include a master's degree in business administration or finance. Some make it with a bachelor's degree if they prove successful as a financial analyst. Portfolio managers must also possess leadership abilities and be very exacting in their work.
Portfolio Manager Tasks
Communicate with clients and administrators about their accounts, securities markets and economic trends.
Manage bond and equity portfolios to maximize investment returns commensurate with an acceptable level of risk.
Consult with clients to develop investment objectives, provides advice and guidance to customers.