Avg. Base Salary (USD)
The average salary for a Portfolio Manager is $98,247
What is the Pay by Experience Level for Portfolio Managers?
An experienced Portfolio Manager with 10-19 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $78,000 based on 6 salaries. In their late career (20 years and higher), employees earn an average total compensation of $132,250.
What Do Portfolio Managers Do?
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 …Read more
- 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.