Asset Manager Salary

Commissions form a big slice (about two-fifths) of total compensation for Asset Managers. The median income in this area hovers around $73K. Final cash compensation to Asset Managers varies from around $41K to approximately $127K; choice pay grades include potential for bonuses and profit sharing as high as $30K and $25K, respectively. Residence and career length each impact pay for this group, with the former having the largest influence. More than half of Asset Managers (62 percent) survey respondents are men. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Job satisfaction for Asset Managers is high. This report is based on responses to the PayScale salary survey.
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 exploit a large range of 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 skilled in Financial Analysis are similarly competent in Real Estate and Microsoft Office. Most people familiar with Microsoft Excel also know Microsoft Office and Real Estate.

Pay by Experience Level for Asset Manager

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


Asset Managers generally obtain higher compensation for more plentiful past experience. Salaries of relatively inexperienced workers fall in the neighborhood of $60K, but folks who have racked up five to 10 years see a notably higher median of $79K. People with 10 to 20 years of experience make an average of about $89K in this role. Professionals who have racked up more than two decades of experience enjoy comfortable salaries; at this stage, median wages are a cushy $100K.

Pay Difference by Location

National Average: $73,198

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

For Asset Managers, busy San Francisco offers a higher-than-average pay rate, 60 percent above 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). With compensation 15 percent below the national average, Portland is not known for hefty paychecks and actually represents the lowest-paying market.

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