Investment Manager Salary
|Salary||$49,810 - $150,688|
|Bonus||$1,192 - $50,965|
|Profit Sharing||$0.00 - $33,935|
|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).)
|$52,163 - $188,912|
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
- Manage client investment portfolios, implementing strategies to maximize their financial returns.
- Build investment portfolios which reflect clients' needs and communicate portfolio status and changes to clients.
- Analyze current investment strategies to evaluate their effectiveness.
Popular Skills for Investment Manager
Investment Managers who responded to the survey report just a handful of professional skills. Financial Analysis and Investment Management are considered valuable skills and can increase employee pay by 10 percent and 5 percent, respectively. Those proficient in Investment Management are, more often than not, also skilled in Financial Analysis.
Pay by Experience Level for Investment Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Investment Managers generally obtain higher compensation for more plentiful past experience. Respondents with less than five years' experience take home $72K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $100K. After 10 to 20 years, professionals can make it pretty big; the median salary sits in the six-figure neighborhood of $134K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $142K.
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Key Stats for Investment Manager
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