$100,990
Avg. Salary
Avg. Hourly Rate

Average additional compensation:

$20,000

Bonus

$2,000

Profit Sharing

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The average pay for a Portfolio Manager in Newport Beach, California is {{pay}} per hour.

The average pay for a Portfolio Manager in Newport Beach, California is $100,990 per year.

10%
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50%
$0.00
90%
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MEDIAN $0.00
10%
$65k
10%
$101k
50%
$131k
90%
90%
MEDIAN $100,990

Job Description for Portfolio Manager

A portfolio manager is a financial professional responsible for investing money. The portfolio manager may be a client-based advisor who works with individuals and businesses to manage a group of investments and assets; they may also handle financial products such as mutual funds. Many portfolio managers work within larger financial institutions, processing analyses from their company's risk and investment research teams and acting upon this information. The portfolio manager may seek to meet individual clients' long-term financial goals; for businesses, he or she may seek out investments that recapitalize revenue in a way that mitigates tax burdens and builds capital.

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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.

About Newport Beach, California

Orange County, California
87,131
Male:
43,161 (49.5%)
Female:
43,970 (50.5%)
Newport Beach is a seaside city in Orange County, California, United States. Its population was 85,287 at the 2010 census. Newport Beach is also home to Newport Harbor. The city's median family income and property values consistently place high in national rankings. The Daily Pilot, a newspaper published in the neighboring city of Costa Mesa but which serves the greater Newport-Mesa community, reported in 2010 that more than a quarter of households have an income greater than $200,000, and the median value for homes exceeds $1 million. The Upper Bay of Newport is a canyon, which was carved by a stream in the Pleistocene period. The lower bay of Newport was formed much later by sand that was brought along by ocean currents, which constructed the offshore beach that is now recognized as the Balboa Peninsula of Newport Beach. Before settlers reached the coasts of California, the Newport area and surrounding areas...
Newport Beach:
$123,351
California:
$64,500
$2,148
Newport Beach:
$1,709,300
California:
$449,100
2.5%

Portfolio Manager Job Listings

Key Stats for Portfolio Manager

1-4 years
13%
5-9 years
13%
10-19 years
75%

Years of Experience

1-4 years
13%
5-9 years
13%
10-19 years
75%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 43%
vision benefits
Vision: 43%
no benefits
None: 14%