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Average Asset Manager Salary

$72,403
Avg. SalaryShow Hourly Rate
$7,279
Bonus
$3,000
Commission
$4,121
Profit Sharing
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The average salary for an Asset Manager is $72,403.
10%
$47k
MEDIAN
$72k
90%
$115k
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Salary
$47k - $115k
Bonus
$1k - $25k
Profit Sharing
$0 - $19k
Commission
$0 - $3k
Total Pay
$43k - $123k
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What Do Asset Managers Do?

Asset Manager Tasks
  • Supervise the development of strategies to increase asset returns.
  • Produce reports and statements detailing the status of current and delinquent loans and determine loan workout plans.
  • Monitor the status of collateral and payments for current loans.
  • Manage a loan portfolio and assist with processing and monitoring complex loans.
  • Collect and attempt to recover maximum value from delinquent loans.

Job Satisfaction for Asset Manager

3.9 out of 5
(247)
Highly Satisfied
18Reviews
The top respondents for the job title Asset Manager are from the companies CubeSmart, The Boeing Company and Comerica Bank. Reported salaries are highest at Comerica Bank where the average pay is $101,211. Other companies that offer high salaries for this role include CubeSmart and Cardinal Capital Management, earning around $76,000 and $66,000, respectively. Conifer Realty, LLC pays the lowest at around $43,000. The PNC Financial Services Group, Inc. and The Boeing Company also pay on the lower end of the scale, paying $58,000 and $60,565, respectively.

Career Paths

Explore the most common career paths for Asset Manager. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Asset Manager
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Asset Manager Job Listings

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What Are Popular Skills for Asset Managers?

Skills in Financial Analysis, Project Management and Real Estate are correlated to pay that is above average. Skills that pay less than market rate include Data Analysis and Microsoft Excel.

What is the Pay by Experience Level for Asset Managers?

An entry-level Asset Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $52,257 based on 46 salaries. An early career Asset Manager with 1-4 years of experience earns an average total compensation of $64,510 based on 487 salaries. A mid-career Asset Manager with 5-9 years of experience earns an average total compensation of $77,784 based on 336 salaries. An experienced Asset Manager with 10-19 years of experience earns an average total compensation of $82,632 based on 335 salaries. In their late career (20 years and higher), employees earn an average total compensation of $96,883.
Employees with Asset Manager in their job title in Boston, Massachusetts earn an average of 18.1% more than the national average. These job titles also find higher than average salaries in New York, New York (16.9% more) and Houston, Texas (7.5% more). The lowest salaries can be found in Atlanta, Georgia (7.0% less) and Austin, Texas (1.6% less).

Years of Experience

This data is based on 1,321 survey responses.
Entry Level
3.5%
Early Career
36.9%
Mid Career
25.4%
Experienced
25.4%
Late Career
8.9%

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