Asset Manager Salary

The median total income of Asset Managers is around $73K, and for the average worker in this area, a good chunk of that (about two-fifths, in fact) comes from commissions. In the world of Asset Managers, overall income ranges from $41K near the bottom to $127K at the top; this can include more than $30K from bonuses and more than $25K from profit sharing in exceptional cases. Geographic location and career length each impact pay for this group, with the former having the largest influence. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to more than half. For the most part, Asset Managers enjoy their work and report high levels of job satisfaction. There are more male Asset Managers than female among those who completed the questionnaire, making up 62 percent. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
Read More
$43,490 - $116,964
(Median)
$43K
$72K
$120K
MEDIAN: $71,765
10%
50%
90%

Add this chart to your site: 640px    300px

$12.18 - $38.60
(Median)
$12
$19
$39
MEDIAN: $19.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$43,490 - $116,964  
   
Bonus
$200.67 - $29,602  
Profit Sharing
$0.00 - $25,125  
Commission
$30,000  
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).
)
$40,829 - $127,247  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,061
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$12.18 - $38.60  
   
Overtime
$16.17 - $43.90  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$200.67 - $29,602  
   
Commission
$30,000  
Profit Sharing
$0.00 - $25,125  
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).
)
$40,829 - $127,247  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 102
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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

Search for more jobs:

Popular Skills for Asset Manager


Asset Managers seem to wield many skills on the job. Lucky workers who know Contract Negotiation can expect a significant pay bump, scoring salaries 21 percent above average. Negotiation and Financial Analysis are also correlated to pay that is above average, with increases between 16 percent and 21 percent. Those listing Financial Reporting as a skill should be prepared for drastically lower pay. Property Management and Inventory Management also typically command lower compensation. Most people who know Microsoft Excel also know Microsoft Office and Real Estate. Those proficient in Financial Analysis are, more often than not, also skilled in Real Estate and Microsoft Office.

Pay by Experience Level for Asset Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. The average beginner in this position makes around $60K, but folks who have been around for five to 10 years see a markedly higher median salary of $79K. People with 10 to 20 years of experience make an average of about $89K in this role. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $100K on average.

Pay Difference by Location

National Average: $73,198

Larger city markers indicate a job is popular in that location.

For Asset Managers, San Francisco provides a pay rate that is 60 percent greater than the national average. Asset Managers will also find cushy salaries in Seattle (+34 percent), New York (+30 percent), Houston (+30 percent), and Washington (+25 percent). Those in the field find the lowest salaries in Portland, 15 percent below the national average.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Asset Manager Salaries




National Average
$73,000


Skills That Affect Asset Manager Salaries







Accounting
0%

National Average
$73,000




Budget Management
up arrow 12%



Property Management
up arrow 20%

Financial Reporting
up arrow 20%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 214 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
3%
1-4 years
30%
5-9 years
32%
10-19 years
23%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 76%
medical benefits
Vision: 64%
dental benefits
None: 11%
ADVERTISEMENT