Portfolio Manager in New York Salary

How much does a Portfolio Manager make in New York, NY? A Portfolio Manager in New York enjoys a hefty income, with the average salary surpassing six figures ($101,512) annually. This is 17% above the national average for a Portfolio Manager which is $83,869 annually. Salaries for a Portfolio Manager in New York range from $70,927 annually to $176,315 annually. Total Annual Pay, which includes salary, bonus, commission, profit sharing, and overtime for a Portfolio Manager in New York ranges from $76,048 to $256,060 annually. Among those reporting, there is an average job satisfaction rating of 5 out of 5 stars. Men make up a majority of the Portfolio Manager workforce in New York among those reporting — 80 percent to be exact. In New York, a Portfolio Manager often enjoys medical, dental, and vision benefits provided by their employer.

$70,927 - $176,315
$71K
$100K
$180K
MEDIAN: $101,512
10%
50%
90%

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$0$256K
Salary $70,927 - $176,315
Bonus $6,500 - $102,409
Profit Sharing $0.00 - $77,281
Commission $15,000
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).
)
$76,048 - $256,060
  • Country: United States
  • Currency: USD
  • Updated: 21 Nov 2017
  • Individuals Reporting: 176

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 New York, New York

Kings County, New York
8,550,405
Male:
4,081,698 (47.7%)
Female:
4,468,707 (52.3%)
The City of New York, often called New York City or simply New York, is the most populous city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, one of the most populous urban agglomerations in the world. With a U.S. Census Bureau-estimated 2015 population of 8,550,405 distributed over a land area of just 305 square miles (790 km2), New York is also the most densely populated major city in the United States. A global power city, New York City exerts a significant impact upon commerce, finance, media, art, fashion, research, technology, education, and entertainment, its fast pace defining the term New York minute. Home to the headquarters of the United Nations, New York is an important center for international diplomacy and has been described as the cultural and financial capital of the world. Situated...
New York, NY:
$55,752
New York:
$60,850
$1,317
New York, NY:
$538,300
New York:
$293,500
4.7%

Portfolio Manager Job Listings

Pay by Experience Level for Portfolio Manager

Pay by Experience for a Portfolio Manager has a positive trend. An entry-level Portfolio Manager with less than 5 years of experience can expect to earn an average total compensation of $88,000 based on 29 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Portfolio Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $161,000 based on 35 salaries. An experienced Portfolio Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $169,000 based on 38 salaries. A Portfolio Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $235,000 based on 8 salaries.

Key Stats for Portfolio Manager

Gender

Female
20 %
Male
80 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 25 votes.
Less than 1 year
2%
1-4 years
27%
5-9 years
28%
10-19 years
32%
20 years or more
11%

Experience Affects Portfolio Manager Salaries

▲90%

▲36%

▲30%

National Average
$124,000

▼29%

Skills That Affect Portfolio Manager Salaries





Loan Underwriting
▲13%


National Average
$124,000



Commercial Loans
▼14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 25 votes.

Gender

Female
20 %
Male
80 %

Years of Experience

Less than 1 year
2%
1-4 years
27%
5-9 years
28%
10-19 years
32%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 77%
vision benefits
Vision: 65%
no benefits
None: 11%