Investment Manager Salary
|Salary||$54,436 - $150,351|
|Bonus||$1,030 - $50,482|
|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).)
|$58,138 - $190,512|
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 usually report a few specific skills. Those who have experience with Financial Analysis, Investment Management, and Portfolio Management can expect to be compensated well for these skills. Those familiar with Investment Management also tend to know Financial Analysis.
Pay by Experience Level for Investment Manager
Median of all compensation (including tips, bonus, and overtime) by years of experience.
In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. Workers with less than five years' experience earn around $76K on average, and those who have five to 10 years under their belts see a higher median salary of $99K. Professionals who spend a good 10 to 20 years in the workforce haul in an average of $130K. Investment Managers who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $139K on average.
Pay Difference by Location
For Investment Managers, working in the bustling city of Seattle has its advantages, including an above-average pay rate. Investment Managers will also find cushy salaries in Dallas (+28 percent), Atlanta (+24 percent), San Francisco (+14 percent), and New York (+13 percent). Compared to the national average, Boston Investment Managers have considerably lower salaries, 21 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession.
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Key Stats for Investment Manager
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