Asset Manager Salary (United States)

For Asset Managers, commissions account for a significant portion of income and add up to two-fifths of their $73,706 annual pay. Pay begins at $41,079 on the low end and climbs to $126,981 per year near the top. Geographic location and experience level each impact pay for this group, with the former having the largest influence. The greater part report receiving medical coverage from their employers and most collect dental insurance. Most Asset Managers like their work and job satisfaction is high. The numbers for this synopsis were furnished by individuals who completed PayScale's salary questionnaire.
Asset Manager Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$43,254 - $116,009
(Median)
43K
54K
72K
94K
120K
MEDIAN: $72,408
10%
25%
50%
75%
90%
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Asset Manager Salary (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$13.01 - $44.88
(Median)
13
21
29
45
MEDIAN: $20
10%
50%
75%
90%
Add this chart to your site: 640px    300px

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$43,254 - $116,009  
   
Bonus
$0.00 - $24,918  
Profit Sharing
$484.79 - $25,225  
Commission
$14,740 - $35,168  
Total Pay (?
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).
)
$41,079 - $126,981  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 574
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25$50$75
Hourly Rate
$13.01 - $44.88  
   
Overtime
$15.89 - $44.68  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $24,918  
   
Commission
$14,740 - $35,168  
Profit Sharing
$484.79 - $25,225  
Total Pay (?
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).
)
$41,079 - $126,981  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 58
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Job Description for Asset Manager

Asset managers are responsible for the management, procurement, valuation, and disposition of a company's property, data, and documents. These assets may include anything from property to computers to cell phones. Asset managers keep records and create reports related to those assets, and they may work alone or as part of an asset management team.
Read More...
Asset Manager Tasks
  • Supervise the development of strategies to increase asset returns
  • Organize paperwork and processes required to buy, sell, or modify assets.
  • Recommend strategies for maximizing the value and returns for assets held by a company.
  • Write reports on property asset statistics for senior management.
  • Monitor the status of collateral and payments for current loans.

Asset Manager Job Listings

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Popular Skills for Asset Manager

Survey participants wield an impressively varied skill set on the job. Most notably, facility with Contract Negotiation, Operations Management, and Project Management are correlated to pay that is significantly above average, leading to increases of 36 percent, 34 percent, and 28 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Financial Reporting, Property Management, and Budget Management. It is often found that people who know Microsoft Excel are also skilled in Financial Analysis and Real Estate.

Pay by Experience Level for Asset Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.
For Asset Managers, experience in the field tends to play a major role in salary negotiations; pay increases with more experience. After five to 10 years, starting salaries jump from $60K to $82K. Salary comes to $100K after 10 to 20 years. The 20-year mark seems to bring slower salary growth, and Asset Managers at this tenure level tend to see their incomes plateau to $104K. Experienced employees who have 10-20 years of experience make up about one-fourth of the workforce; inexperienced individuals who have been working for less than one year comprise 2 percent, and senior people with more than 20 years under their belt fill out the remaining 13 percent. A majority of the workforce has between one and nine years of experience.

Pay Difference By Location

Boston
up arrow 61%
San Francisco
up arrow 46%
Washington
up arrow 29%
Seattle
up arrow 29%
Houston
up arrow 28%
Irvine
up arrow 26%
up arrow 22%
Los Angeles
up arrow 18%
up arrow 12%
Denver
up arrow 12%
up arrow 6%
National Average
$74,000
Atlanta
up arrow 5%
Portland
up arrow 10%
Miami
up arrow 24%
Larger circles over a city indicate a job is popular in that location.
Surpassing the national average by 61 percent, Asset Managers in Boston receive some of the highest pay in the country. Other big spenders include San Francisco, Seattle, Washington, and Houston, top-paying cities where Asset Managers see paychecks higher than average (+46 percent, +29 percent, +29 percent, and +28 percent). Asset Managers' salaries are heavily influenced by location—Asset Managers in Miami bring in salaries that are 24 percent lower than the national average. Not at the bottom but still paying below the median are employers in Portland and San Diego (-10 percent and -7 percent, respectively).

Related Job Salaries

Experience Affects Asset Manager Salaries

National Average
$74,000

Skills That Affect Asset Manager Salaries

Operations Management
up arrow 34%
Project Management
up arrow 28%
Negotiation
up arrow 9%
National Average
$74,000
Accounting
up arrow 1%
Budget Management
up arrow 15%
Property Management
up arrow 16%
Financial Reporting
up arrow 18%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 145 votes.

Gender

Female
40%
female alumni
 
Male
60%
male alumni

Years of Experience

Less than 1 year
2%
1-4 years
31%
5-9 years
33%
10-19 years
22%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 76%
vision benefits Vision: 63% employee benefits None: 11%
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