$65,000
Avg. Salary
Avg. Hourly Rate

Average additional compensation:

$4,000

Bonus

$11,000

Profit Sharing

What am I worth?
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The average pay for a Portfolio Manager in Grand Rapids, Michigan is {{pay}} per hour.

The average pay for a Portfolio Manager in Grand Rapids, Michigan is $65,000 per year.

10%
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50%
$0.00
90%
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MEDIAN $0.00
10%
$41k
10%
$65k
50%
$91k
90%
90%
MEDIAN $65,000

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 Grand Rapids, Michigan

Kent County, Michigan
195,099
Male:
95,669 (49.0%)
Female:
99,430 (51.0%)
Grand Rapids is the second-largest city in Michigan, and the largest city in West Michigan. It is on the Grand River about 30 miles (48 km) east of Lake Michigan. As of the 2010 census, the city population was 188,040. In 2010, the Grand Rapids metropolitan area had a population of 1,005,648, and the combined statistical area of Grand Rapids-Muskegon-Holland had a population of 1,321,557. Grand Rapids is the county seat of Kent County, Michigan. A historic furniture-manufacturing center, Grand Rapids is home to five of the world's leading office furniture companies, and is nicknamed Furniture City. Its more common modern nickname of River City refers to the landmark river for which it was named. The city and surrounding communities are economically diverse, based in the health care, information technology, automotive, aviation, and consumer goods manufacturing industries, among others. Grand Rapids is the hometown of U.S. President Gerald Ford, who is buried with...
Grand Rapids:
$41,857
Michigan:
$51,084
$830
Grand Rapids:
$122,000
Michigan:
$137,500
4.6%

Portfolio Manager Job Listings

Key Stats for Portfolio Manager

1-4 years
25%
5-9 years
25%
10-19 years
38%
20 years or more
13%

Years of Experience

1-4 years
25%
5-9 years
25%
10-19 years
38%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 50%
dental benefits
Dental: 50%
vision benefits
Vision: 50%
no benefits
None: 50%