Senior Asset Manager Salary

With close to three-fifths of Senior Asset Managers in the United States reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for Senior Asset Managers is $90K annually and can range from $60K on the lower end to $173K per year near the higher end. Geography is the biggest factor affecting pay for this group, followed by tenure. Men make up a slight majority of Senior Asset Managers (58 percent) who responded to the survey. For the most part, Senior Asset Managers enjoy their work and report high levels of job satisfaction. Most report receiving medical coverage from their employers and a large number collect dental insurance. The information for this snapshot was generated by responses to the PayScale salary survey.

$55,708 - $147,122
(Median)
$56K
$90K
$150K
MEDIAN: $90,139
10%
50%
90%

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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$60K$120K$180K
Salary
$55,708 - $147,122  
   
Bonus
$511 - $37,033  
Profit Sharing
$3,955  
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).
)
$59,927 - $173,230  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 162
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Job Description for Senior Asset Manager

A senior asset manager manages and maintains everything of value for an entity or group; this includes physical assets such as buildings and intangible assets such as intellectual property. Physical assets may be owned, leased, or subleased by the company.

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Senior Asset Manager Tasks

  • Supervise the development of strategies to increase asset returns
  • Write reports on property asset statistics for senior management.
  • Recommend strategies for maximizing the value and returns for assets held by a company.
  • Organize paperwork and processes required to buy, sell, or modify assets.

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Typical Senior Asset Managers report a focused set of job skills. Real Estate and Financial Analysis are considered valuable skills and can increase employee pay.

Pay by Experience Level for Senior Asset Manager

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


Experience seems to be a major factor in determining the incomes of Senior Asset Managers. Relatively untried employees who have less than five years' experience make $71K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $94K. People with 10 to 20 years of experience make an average of about $100K in this role. Professionals with deep experience (more than 20 years) report prosperous salaries in six-figure territory; the median for this crowd is approximately $121K.

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Experience Affects Senior Asset Manager Salaries

Late-Career
up arrow 24%

Experienced
up arrow 2%

National Average
$98,000

Mid-Career
up arrow 4%

Entry-Level
up arrow 27%

Skills That Affect Senior Asset Manager Salaries

Real Estate
up arrow 2%

National Average
$98,000

Financial Analysis
up arrow 2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

1-4 years
10%
5-9 years
31%
10-19 years
38%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 83%
medical benefits
Vision: 70%
dental benefits
None: 10%
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