Investment Manager Salary
|Salary||$51,680 - $158,969|
|Bonus||$2,035 - $50,421|
|Profit Sharing||$0.00 - $29,361|
|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).)
|$56,391 - $196,180|
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. (Copyright 2017 PayScale.com)
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.
Investment Manager Job Listings
Popular Skills for Investment Manager
Investment Managers report a narrow range of specific skills. Those who have experience with Financial Analysis, Investment Management, and Portfolio Management can expect to be compensated well for these skills. Skills that seem to negatively impact pay include Portfolio Management and Investment Management. Most people skilled in Investment Management are similarly competent in Financial Analysis.
Pay by Experience Level for Investment Manager
Pay by Experience for an Investment Manager has a positive trend. An entry-level Investment Manager with less than 5 years of experience can expect to earn an average total compensation of $76,000 based on 49 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Investment Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $99,000 based on 76 salaries. An experienced Investment Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $130,000 based on 51 salaries. An Investment Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $139,000 based on 24 salaries.
Pay Difference by Location
For those looking to make money, Investment Managers in Seattle enjoy an exceptional pay rate, 36 percent above the national average. Investment Managers can also look forward to large paychecks in cities like Dallas (+18 percent), Atlanta (+14 percent), San Francisco (+5 percent), and New York (+4 percent). Location significantly influences compensation, with Boston Investment Managers earning much less — 27 percent less — than the national average.
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Key Stats for Investment Manager
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