Investment Manager Salary
Job Description for Investment Manager
An investment manager manages the money invested by individual investors, institutions that are investing a portion of the company’s assets, and/or funds related to the company's pension plan. The investment manager must protect the current value of those investments, strategically choose the best manner in which to grow them, be on guard for changes in the climates of the various investment options available, and adjust their client’s investment positions as needed. Usually, they work with clients before investing to determine their goals and how they would like their investments to be managed. In addition to buying and selling of securities on their client’s behalf, they also must pay close attention to investment performance, settle transactions, and meet regulatory and client reporting requirements.Read More...
Investment managers almost always work in an office setting. At times, they may meet with clients at the client’s location (or at a separate location) to discuss performance, determine how they can assist the investor, and build a relationship with the client. Many times, the investment manager must “sell themselves,” and what they have to offer to the clients with whom they meet.
To be an investment manager, a bachelor’s degree in finance, economics, business, or a related field is generally required; a master's degree may be required or preferred. An extensive knowledge of investing instruments, markets, risk and return, and other relevant concepts is vital, and certifications may be preferred. It is also important for investment managers to have strong interpersonal and communications skills to effectively work with investors and colleagues.
Investment Manager Tasks
- Build investment portfolios which reflect clients’ needs and communicate portfolio status and changes to clients.
- Analyze current investment strategies to evaluate their effectiveness.
- Manage client investment portfolios, implementing strategies to maximize their financial returns.
Investment Manager Job Listings
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Popular Skills for Investment Manager
Survey takers who work as Investment Managers typically report just a few professional skills. Financial Analysis and Investment Management are considered valuable skills and can increase employee pay by 8 percent and 6 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Portfolio Management. Most people familiar with Investment Management also know Financial Analysis.
Pay by Experience Level for Investment Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
For many Investment Managers, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Although employees with less than five years' experience earn around $65K on average, the five-to-10 year group has a much higher, six-figure median of $100K. The average pay reported by folks with 10 to 20 years of experience is around $126K. Investment Managers with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $141K.