Asset Manager Salary (United States)

Asset Managers in the United States typically take home $73,706 annually. Pay begins at $41,079 on the low end and climbs to $126,981 per year near the top. Overall cash allowance—including $25K bonuses and $25K profit sharing proceeds—ranges between $43,254 and $116,009. Geography and career duration each impact pay for this group, with the former having the largest influence. Most enjoy medical and dental coverage in this occupation, and a majority get vision benefits. Job satisfaction for Asset Managers is high. Figures cited in this summary are based on replies to 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%
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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

Asset Managers seem to require a rather large skill set. 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 seem to negatively impact pay include Financial Reporting, Property Management, and Budget Management. Those proficient in Microsoft Excel are, more often than not, 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.
Experience is important when determining pay for Asset Managers. At career start, salaries are typically $60K, which grows to $82K after five to 10 years. Between 10 and 20 years, pay reaches $100K. A 20-year tenure heralds decreased salary growth, and Asset Managers who have made it this far report earning around $104K per year. Experienced employees who have 10-20 years of experience make up 22 percent 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. One to nine years of experience is standard for most employees in this area; a majority of respondents fit between this range.

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.
Asset Managers will find that Boston offers an impressive pay rate, one which exceeds the national average by 61 percent. Those in search of high salaries should also consider checking out cities like San Francisco, Seattle, Washington, and Houston, top-paying markets where Asset Managers rake in more than the national norm (+46 percent, +29 percent, +29 percent, and +28 percent). Location is a huge contributor to overall pay, with Asset Managers in Miami earning a whopping 24 percent below the national average. Portland and San Diego are a couple other places where companies are known to pay below the median—salaries hover around -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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