How much does a Asset Manager make?
Asset managers help oversee investments and grow financial assets. They often work with clients, businesses, or institutions. This job can lead to a rewarding salary. The average yearly salary for asset managers is $101,171. This figure can change based on experience, location, and industry.
The pay for asset managers varies. Some earn less, while others make more. A smaller number of asset managers earn between $39,000 and $52,864 yearly. More asset managers make between $66,727 and $94,455. The highest-paid asset managers earn over $163,773 annually. Experience, education, and the firm they work for often affect their salary. Higher positions like senior asset manager tend to pay more.
What are the highest paying cities for a Asset Manager?

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Los Angeles, CA
Average Salary: $134,128
In Los Angeles, asset managers focus on overseeing investment portfolios for a variety of clients. Major financial institutions such as T. Rowe Price and Capital Group often hire experienced professionals. The dynamic market provides plenty of opportunities for growth.
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Charlotte, NC
Average Salary: $133,209
Charlotte is a hub for banking and finance. Asset managers here work with companies like Bank of America and Wells Fargo. They manage funds and investments, ensuring optimal performance. The city offers a stable environment for financial careers.
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San Francisco, CA
Average Salary: $131,695
San Francisco's tech-driven economy attracts asset managers to firms like BlackRock and J.P. Morgan. They help clients navigate a competitive financial landscape. Working in this city offers access to innovation and advanced financial tools.
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Boston, MA
Average Salary: $129,498
Boston is a historic city with a strong financial sector. Asset managers here work with companies such as Fidelity Investments and State Street. They provide crucial services in managing investments. The city's prestigious institutions add value to their careers.
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Seattle, WA
Average Salary: $127,638
In Seattle, asset managers often find jobs with tech giants like Microsoft and Amazon. They manage investments and funds for these major companies. The city's tech-friendly environment offers many opportunities for professionals to grow.
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Columbus, OH
Average Salary: $123,906
Columbus offers a balanced approach to finance and insurance. Asset managers here work with companies like Nationwide and Huntington Bank. They help clients achieve their financial goals in a supportive work environment.
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Denver, CO
Average Salary: $122,783
Denver is known for its outdoor lifestyle and strong financial industry. Asset managers work with firms like Invesco and Janus Henderson. They manage investments and portfolios in a growing city with a vibrant business scene.
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Chicago, IL
Average Salary: $120,621
Chicago is a major financial center. Asset managers here work with companies like Goldman Sachs and Morningstar. They manage diverse portfolios, providing essential services to clients. The city's robust financial market offers many opportunities.
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Atlanta, GA
Average Salary: $120,352
Atlanta is a growing financial hub. Asset managers work with companies like SunTrust and Invesco. They help clients manage investments and achieve financial success. The city's expanding economy offers many career opportunities.
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Houston, TX
Average Salary: $120,122
Houston is a key city for energy and finance. Asset managers here work with firms like Marathon Oil and Envestnet. They manage investment portfolios for various industries. The city's dynamic market provides plenty of growth opportunities.
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What are the best companies a Asset Manager can work for?

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Fannie Mae
Average Salary: $151,955
Fannie Mae offers rewarding Asset Manager positions. They provide strong career growth. This company operates across the United States. They focus on mortgage finance.
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Michael Page
Average Salary: $134,808
Michael Page provides excellent opportunities for Asset Managers. They value talent and offer competitive salaries. They operate internationally and focus on recruitment services.
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U.S. Bank
Average Salary: $113,065
U.S. Bank offers diverse Asset Manager roles. They support professional development. This bank operates nationwide and provides a wide range of financial services.
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General Dynamics Information Technology
Average Salary: $107,396
General Dynamics Information Technology seeks skilled Asset Managers. They offer a supportive work environment. This company operates globally and focuses on technology services for the government.
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The Community Preservation Corporation
Average Salary: $96,731
The Community Preservation Corporation provides rewarding Asset Manager positions. They focus on community development. They operate in Massachusetts and aim to preserve affordable housing.
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Peraton
Average Salary: $88,500
Peraton offers Asset Manager roles with a strong work culture. They provide opportunities for growth. They operate globally and focus on technology and defense services.
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Ospraie Management
Average Salary: $67,500
Ospraie Management offers Asset Manager positions with competitive pay. They focus on investment management. They operate in Chicago and aim to deliver strong investment results.
How to earn more as a Asset Manager?
Asset managers can increase their earnings by focusing on several key areas. Concentrating on professional development helps managers stay updated with market trends and best practices. Certifications such as CFA or CFP can also enhance credibility and command higher salaries.
Networking plays an essential role in career growth. Building relationships with colleagues, industry leaders, and clients opens up new opportunities. Attending conferences, joining professional groups, and participating in online forums can expand your network. Positive relationships often lead to referrals, promotions, and higher-paying roles.
Below are five factors to consider for increasing earnings as an asset manager:
- Experience: More experience leads to higher earnings. Managers who have worked for several years often earn more.
- Education: Higher education levels and advanced degrees can lead to better-paying positions.
- Specialization: Focusing on a specific area, such as real estate or technology, can make a manager more valuable.
- Performance: Achieving high performance and good results can lead to bonuses and promotions.
- Client base: Managing larger and more high-value accounts often results in higher earnings.



