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Average Portfolio Manager Salary

$86,458
Avg. SalaryShow Hourly Rate
$10,226
Bonus
$16,000
Commission
$3,750
Profit Sharing
What am I worth?
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The average salary for a Portfolio Manager is $86,458.
10%
$53k
MEDIAN
$86k
90%
$143k
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Salary
$53k - $143k
Bonus
$2k - $41k
Profit Sharing
$964 - $15k
Commission
$2k - $49k
Total Pay
$54k - $169k
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What Do Portfolio Managers Do?

Portfolio Manager Tasks
  • Consult with clients to develop investment objectives, provides advice and guidance to customers.
  • Report on investment activity and performance.
  • Communicate with clients and administrators about their accounts, securities markets and economic trends.
  • Manage bond and equity portfolios to maximize investment returns commensurate with an acceptable level of risk.

Job Satisfaction for Portfolio Manager

4 out of 5
(433)
Highly Satisfied
36Reviews
The top respondents for the job title Portfolio Manager are from the companies U.S. Bank, Bank of America Corp. (BOFA) and Citizens Financial Group, Inc.. Reported salaries are highest at Citizens Financial Group, Inc. where the average pay is $105,000. Other companies that offer high salaries for this role include U.S. Bank and Bank of America Corp. (BOFA), earning around $99,431 and $98,870, respectively. United Bank pays the lowest at around $75,000. The Northern Trust Company and Wells Fargo & Co. also pay on the lower end of the scale, paying $86,818 and $90,000, respectively.

Career Paths

Explore the most common career paths for Portfolio 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.
Portfolio Manager
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Portfolio Manager Job Listings

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What Are Popular Skills for Portfolio Managers?

Skills in Portfolio Management and Investment Management are correlated to pay that is above average. Skills that pay less than market rate include Commercial Loans, Microsoft Excel and Financial Analysis.

What is the Pay by Experience Level for Portfolio Managers?

An entry-level Portfolio Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $59,086 based on 29 salaries. An early career Portfolio Manager with 1-4 years of experience earns an average total compensation of $71,205 based on 638 salaries. A mid-career Portfolio Manager with 5-9 years of experience earns an average total compensation of $87,742 based on 682 salaries. An experienced Portfolio Manager with 10-19 years of experience earns an average total compensation of $101,397 based on 675 salaries. In their late career (20 years and higher), employees earn an average total compensation of $114,410.
Employees with Portfolio Manager in their job title in San Francisco, California earn an average of 27.4% more than the national average. These job titles also find higher than average salaries in New York, New York (18.7% more) and Los Angeles, California (15.1% more). The lowest salaries can be found in Atlanta, Georgia (5.6% less).

Years of Experience

This data is based on 2,342 survey responses.
Entry Level
1.2%
Early Career
27.2%
Mid Career
29.1%
Experienced
28.8%
Late Career
13.6%