Senior Asset Manager Salary

Six-figure salaries are the norm for Senior Asset Managers in the United States, with median pay hovering around $93K per year. Career length is the biggest factor affecting pay for this group, followed by geography. Most Senior Asset Managers like their work and job satisfaction is high. Medical benefits are awarded to most, and a strong majority earn dental coverage. Men account for the majority of Senior Asset Managers who responded to the questionnaire — 66 percent to be exact. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$57,456 - $152,890
(Median)
$57K
$93K
$150K
MEDIAN: $93,179
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$70K$140K$210K
Salary
$57,456 - $152,890  
   
Bonus
$-0.48 - $36,483  
Profit Sharing
$1,700 - $5,000  
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).
)
$59,008 - $181,978  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 134
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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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Job skills reported by Senior Asset Managers are limited. Real Estate and Financial Analysis are considered valuable skills and can increase employee pay. Skills that pay less than market rate include Financial Analysis.

Pay by Experience Level for Senior Asset Manager

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


Senior Asset Managers with a lot of experience tend to enjoy higher earnings. Salaries for inexperienced workers average out to $90K, and those with five to 10 years' experience earn a higher median of $70K. Experienced professionals — those with 10 to 20 years in the field — see salaries in the six-figure territory, securing around $110K on average. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $147K on average.

Related Job Salaries

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Experience Affects Senior Asset Manager Salaries

Late-Career
up arrow 47%

Experienced
up arrow 10%

National Average
$100,000

Mid-Career
up arrow 10%

Entry-Level
up arrow 30%

Skills That Affect Senior Asset Manager Salaries

Real Estate
up arrow 14%

National Average
$100,000

Financial Analysis
up arrow 6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 29 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

1-4 years
7%
5-9 years
29%
10-19 years
39%
20 years or more
25%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 79%
vision benefits Vision: 64% employee benefits None: 12%
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