How much does a Portfolio Manager make in New York, NY?
If a person works as a Portfolio Manager in New York, NY, they can expect a strong salary. On average, these professionals earn about $159,609 each year. This is a good salary that can help people live comfortably in a city as expensive as New York.
The salary for Portfolio Managers in New York varies. The lower end of the scale can start at around $85,000 for someone just starting out. As they gain more experience, their salary can grow. The highest salaries can reach up to $287,500 a year. This shows that with more experience and skill, a Portfolio Manager can earn a very good living. Being in a big city like New York, with its high cost of living, makes these salaries even more important for a comfortable life.
What are the highest paying cities for a Portfolio Manager near New York, NY?

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Boston, MA
Average Salary: $156,116
In Boston, professionals manage investment portfolios for a range of clients, often working with renowned financial firms. Companies like Fidelity Investments offer diverse opportunities for growth. The city’s vibrant finance sector fosters a dynamic work environment.
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San Francisco, CA
Average Salary: $152,787
San Francisco presents a tech-driven financial landscape where managers work closely with startups and established companies alike. Giants such as Charles Schwab and Visa provide robust platforms for career advancement. The city's innovative spirit enhances professional development.
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Chicago, IL
Average Salary: $138,360
In Chicago, managers navigate a bustling financial hub, collaborating with major firms such as JPMorgan Chase. The city’s diverse economy offers extensive growth opportunities. Chicago’s central location aids in networking and business expansion.
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Los Angeles, CA
Average Salary: $130,635
Los Angeles provides a dynamic environment for managing investment portfolios in a city known for its entertainment industry. Firms such as TCW Group thrive here, offering unique challenges. The city’s diverse market provides varied career paths.
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Charlotte, NC
Average Salary: $130,153
Charlotte stands out as a financial center, home to major banks like Bank of America. Managers here enjoy a robust financial ecosystem. The city’s business-friendly environment supports career growth and stability.
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Austin, TX
Average Salary: $128,572
Austin offers a vibrant mix of tech and finance, with companies like Whole Foods Market and Capital One. Managers benefit from a growing job market and a supportive community. The city’s innovative culture drives career opportunities.
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Indianapolis, IN
Average Salary: $124,963
In Indianapolis, managers find a blend of traditional finance with modern innovation. Companies like Raymond James offer a solid foundation. The city’s growing economy provides many professional opportunities.
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Philadelphia, PA
Average Salary: $124,390
Philadelphia provides a historic financial backdrop with modern opportunities. Firms such as Vanguard Group offer a mix of tradition and innovation. The city’s rich history enhances professional experiences.
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Seattle, WA
Average Salary: $123,855
Seattle’s tech-savvy environment offers exciting opportunities for portfolio managers. Companies like Fidelity and Microsoft provide a robust platform. The city’s progressive atmosphere fosters career growth.
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Columbus, OH
Average Salary: $123,397
In Columbus, managers benefit from a diverse financial sector with companies like Huntington Bank. The city’s stability and growth make it an attractive place to work. Columbus offers a balanced professional environment.
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What are the best paying companies for a Portfolio Manager in New York, NY?

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Selby Jennings
Average Salary: $310,714
Selby Jennings offers exciting opportunities for Portfolio Managers in New York. They manage diverse portfolios and work across multiple locations in the city. This firm emphasizes personalized client service and strategic investment planning.
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PIMCO
Average Salary: $261,875
PIMCO, a global investment management firm, provides rewarding roles for Portfolio Managers. They work in several branches in New York, focusing on fixed income and asset management. PIMCO values innovation and professional development.
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Aflac
Average Salary: $256,667
Aflac offers well-paying roles for Portfolio Managers in New York. They manage insurance-linked securities and invest in various markets. Aflac operates multiple offices in the city and emphasizes a collaborative work environment.
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HSBC
Average Salary: $234,183
HSBC has a strong presence in New York, offering excellent opportunities for Portfolio Managers. They handle global portfolios and focus on wealth management. HSBC provides a dynamic workplace with opportunities for growth.
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Caxton Associates
Average Salary: $231,250
Caxton Associates offers competitive salaries for Portfolio Managers in New York. They focus on hedge fund investments and manage large portfolios. The company operates several offices in the city and fosters a culture of excellence.
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AllianceBernstein
Average Salary: $220,833
AllianceBernstein provides rewarding roles for Portfolio Managers in New York. They manage mutual funds and work on investment strategies. The company operates multiple branches in the city and values teamwork and innovation.
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IQVIA
Average Salary: $217,033
IQVIA offers good opportunities for Portfolio Managers in New York. They manage healthcare portfolios and work with data-driven insights. IQVIA operates several offices in the city and promotes continuous learning.
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Citi
Average Salary: $210,088
Citi provides a variety of roles for Portfolio Managers in New York. They handle large portfolios and offer extensive training. Citi operates multiple branches in the city and emphasizes professional development.
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Amazon Web Services
Average Salary: $204,500
Amazon Web Services offers competitive salaries for Portfolio Managers in New York. They manage cloud-based portfolios and work on innovative projects. AWS operates multiple offices in the city and values creativity and collaboration.
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Apollo
Average Salary: $198,000
Apollo offers rewarding roles for Portfolio Managers in New York. They manage alternative investments and focus on long-term growth. Apollo operates several offices in the city and fosters a strong work ethic.
What are the best paying Portfolio Manager related jobs in New York, NY?

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Quantitative Equity Head
Average Salary: $210,806
Leads a team in developing models for equity portfolios. Works closely with analysts to improve investment strategies. Companies like Goldman Sachs and BlackRock are always seeking professionals for these roles.
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Structurer
Average Salary: $195,059
Designs complex financial products. Collaborates with traders and risk managers. Major firms in New York, such as Morgan Stanley and JP Morgan, look for expertise in structuring deals.
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Compliance Officer
Average Salary: $180,716
Ensures that the firm follows all regulations. Works with legal teams to interpret laws. Key players in the industry, including Citigroup and Deutsche Bank, hire compliance officers.
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Risk Model Auditor
Average Salary: $179,788
Examines risk models for accuracy. Reports findings to senior management. Investment banks like Barclays and Goldman Sachs need skilled risk auditors.
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Investment Manager
Average Salary: $167,498
Manages portfolios for clients. Makes strategic investment decisions. Firms such as Fidelity and Vanguard offer roles for seasoned managers.
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Quantitative Analyst
Average Salary: $153,430
Develops quantitative models for trading. Works on improving portfolio performance. JPMorgan Chase and Bank of America are always on the lookout for talented quant analysts.
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Forensic Audit Expert
Average Salary: $150,100
Investigate financial discrepancies. Prepares reports for legal and regulatory bodies. Companies like EY and KPMG have openings for forensic audit experts.
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Fraud Analyst
Average Salary: $122,347
Detects fraudulent activities. Works with law enforcement to solve financial crimes. Institutions such as the SEC and FINRA seek dedicated fraud analysts.
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Asset Manager
Average Salary: $121,121
Manages clients' investment portfolios. Develops long-term financial strategies. Wealth management firms like BlackRock and Vanguard offer great opportunities.
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Research Analyst
Average Salary: $116,416
Conducts market research to support investment decisions. Provides insights into market trends. Firms like Goldman Sachs and Morgan Stanley hire research analysts.
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