Asset Manager Salary

Asset Managers in the United States take home an average $69K annually. Total incomes of Asset Managers incorporate potential for, in a few cases, more than $23K from bonuses and close to $18K from profit sharing; these performance components cause packages to range between $41K and $118K. Location is the biggest factor affecting pay for this group, followed by tenure. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. There are more male Asset Managers than female among those who completed the questionnaire, making up 65 percent. Most Asset Managers like their work and job satisfaction is high. This report is based on answers to PayScale's salary questionnaire.
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$43,821 - $107,576
$44K
$69K
$110K
MEDIAN: $69,339
10%
50%
90%

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$12.22 - $38.59
$12
$21
$39
MEDIAN: $21.50
10%
50%
90%

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$0$118K
Salary $43,821 - $107,576
Bonus $503 - $23,194
Profit Sharing $0.00 - $18,000
Commission $9,500
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).
)
$40,734 - $118,264
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 738
Hourly Data $0$42
Hourly Rate $12.22 - $38.59
Overtime $16.50 - $42.74
Annual Data $0$118K
Bonus $503 - $23,194
Commission $9,500
Profit Sharing $0.00 - $18,000
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).
)
$40,734 - $118,264
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 107

Find Out Exactly What You Should Be Paid

Germany (change)

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.

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Asset Manager Tasks

  • Produce reports and statements detailing the status of current and delinquent loans and determine loan workout plans.
  • Monitor the status of collateral and payments for current loans.
  • Manage a loan portfolio and assist with processing and monitoring complex loans.
  • Collect and attempt to recover maximum value from delinquent loans.
  • Organize paperwork and processes required to buy, sell, or modify assets.

Asset Manager Job Listings

Popular Skills for Asset Manager


Survey participants wield an impressively varied skill set on the job. Most notably, skills in Contract Negotiation, Financial Analysis, Negotiation, and Real Estate are correlated to pay that is above average, with boosts in pay of 12 percent. Skills that seem to negatively impact pay include Financial Reporting, Property Management, and Windows Operating System General Use. Those familiar with Microsoft Excel tend to be well versed in Microsoft Office and Real Estate. Most people skilled in Financial Analysis are similarly competent in Real Estate and Microsoft Office.

Pay by Experience Level for Asset Manager

Pay by Experience for an Asset Manager has a positive trend. An entry-level Asset Manager with less than 5 years of experience can expect to earn an average total compensation of $60,000 based on 390 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Asset Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $77,000 based on 308 salaries. An experienced Asset Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $83,000 based on 230 salaries. An Asset Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $93,000 based on 65 salaries.

Pay Difference by Location

National Average: $71,161

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

San Francisco offers some of the highest pay in the country for Asset Managers, 69 percent above the national average. Asset Managers can also look forward to large paychecks in cities like Seattle (+41 percent), Houston (+28 percent), Dallas (+23 percent), and Washington (+22 percent). The lowest-paying market is Richmond, which sits 35 percent below the national average, proving that location is a significant contributor to overall pay. Not at the bottom but still paying below the median are employers in Tampa and Boston (30 percent lower and 11 percent lower, respectively).

Asset Manager Reviews

Q: What is it like working as an Asset Manager?

Asset Manager in Jacksonville:
"Office Conditions and Management."
Pros: The ability to learn and experience different challenges everyday. I'm involved in different product types which gives me an advantage over siloed positions.
Cons: The management team does not communicate company goals and future missions to the employees as a whole. The work culture is very scared of being terminated and there are little benefits to the everyday worker for excelling at their position. Many times word of mouth is the only way people know what is going on. There is no coordination of projects and structure to the management pyramid. No policies are implemented for any of the processes either.

Related Job Salaries

Key Stats for Asset Manager

Gender

Female
35 %
Male
65 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 144 votes.
Less than 1 year
3%
1-4 years
34%
5-9 years
27%
10-19 years
26%
20 years or more
9%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Asset Manager Salaries

▲30%

▲17%

▲8%

National Average
$71,000

▼16%

Skills That Affect Asset Manager Salaries



▲12%

▲7%

▲6%




National Average
$71,000






Property Management
▼18%

Financial Reporting
▼18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 144 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
3%
1-4 years
34%
5-9 years
27%
10-19 years
26%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 84%
dental benefits
Dental: 74%
vision benefits
Vision: 65%
no benefits
None: 13%
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