Position
Salary
Asset Managers play a key role in managing financial assets for companies, institutions, and individuals. They work to ensure that investments are made wisely and that portfolios grow over time. The average yearly salary for an Asset Manager is $97,833. This number can change based on experience, location, and the specific industry.
Different levels of experience lead to different salaries. For instance, someone just starting out might earn around $45,000 per year. With more experience, that number can rise significantly. The highest earners in this field can make over $187,000 each year. This wide range shows that there are good opportunities for growth and advancement in this career.
Salary details can be seen through the following breakdown:

Miami, FL
Average Salary: $177,038
In Miami, managing assets means working with a vibrant mix of companies. The bustling financial sector offers many opportunities. Miami’s dynamic economy makes it an exciting place for those in finance.
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San Francisco, CA
Average Salary: $121,319
San Francisco’s tech hub presents unique chances for asset managers. Companies like Salesforce and Oracle thrive here. The city’s innovative spirit creates a challenging and rewarding work environment.
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San Jose, CA
Average Salary: $118,456
San Jose’s Silicon Valley setting brings many tech giants into play. Apple and Google lead the charge in this tech-savvy city. Asset managers find a stable and stimulating work atmosphere here.
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Chicago, IL
Average Salary: $116,231
Chicago offers a diverse job scene for asset managers. The city’s financial sector is strong, with firms like JPMorgan Chase. Chicago’s rich history in finance makes it a pivotal place for professionals.
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San Diego, CA
Average Salary: $116,123
San Diego combines a tech-forward economy with a sunny lifestyle. Companies like Qualcomm and Broadcom offer great opportunities. The city’s laid-back vibe adds to the work experience.
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Denver, CO
Average Salary: $114,822
Denver’s growing tech and energy sectors provide a mix of opportunities. Companies like Lockheed Martin and Xcel Energy are prominent. Denver’s outdoor culture makes it a great place to live and work.
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Austin, TX
Average Salary: $113,761
Austin’s tech boom means plenty of options for asset managers. Tech firms like Dell and Apple have a strong presence. The city’s vibrant music scene offers a perfect work-life balance.
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Columbus, OH
Average Salary: $113,186
Columbus offers a balanced work environment with a growing tech sector. Companies like Nationwide and Huntington Bank are key players. The city’s affordable cost of living makes it attractive for professionals.
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Los Angeles, CA
Average Salary: $112,829
Los Angeles’ diverse economy provides many chances for asset managers. Companies like Bank of America and Wells Fargo are major employers. The city’s entertainment industry adds a unique flair to the work culture.
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Seattle, WA
Average Salary: $110,406
Seattle’s tech giants offer exciting prospects for asset managers. Microsoft and Amazon lead the way. The city’s innovative spirit creates a dynamic and engaging work environment.
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Cushman & Wakefield
Average Salary: $102,945
Cushman & Wakefield provides Asset Manager jobs across its many locations. They offer a chance to manage real estate and property investments. They operate in cities like New York, London, and Hong Kong.
General Dynamics Information Technology
Average Salary: $100,388
General Dynamics Information Technology hires Asset Managers for roles that focus on managing assets for government projects. They have offices in major cities including Falls Church, VA, and McLean, VA.
Peraton
Average Salary: $91,929
At Peraton, Asset Managers work on important government defense and security projects. They have many locations, including Chantilly, VA, and Springfield, VA.
Robert Half
Average Salary: $76,495
Robert Half offers Asset Manager positions with a focus on finance and accounting. They operate in many cities, including San Francisco, CA, and New York, NY.
Asset managers can find several ways to increase their earnings. One way is to specialize in a specific type of asset management. This can include sectors like real estate, private equity, or hedge funds. Specializing allows an asset manager to become an expert, which can command higher fees or salaries. Another way is to gain more experience. Managers with more years of experience often earn more. They have more knowledge and a proven track record.
Seeking additional certifications can also lead to higher earnings. Certifications such as Chartered Financial Analyst (CFA) or Certified Investment Management Analyst (CIMA) show a deeper understanding of the field. Many employers value these credentials and may offer higher pay. Networking is another effective strategy. Building strong relationships with clients and industry professionals can lead to better job opportunities and higher-paying positions. Finally, staying up-to-date with market trends can help asset managers make smarter investment decisions. This can lead to better performance and higher compensation.
Here are five key factors to consider for increasing earnings: