Position
Salary

How much does a Portfolio Manager make?

The average salary for a Portfolio Manager is $124,122 per year in the US.

Portfolio Managers play a key role in the finance industry. Their job involves making decisions on investments. These decisions can affect the financial health of many people and companies. Portfolio Managers can earn a good salary because of their important work. The average yearly salary for a Portfolio Manager is around $124,122. This salary can vary based on experience and location.

Different levels of experience can lead to different pay scales. For instance, someone just starting out may earn around $53,000 a year. As experience grows, salaries can climb. A Portfolio Manager with several years of experience might earn between $101,273 and $117,364. Those with the most experience can make upwards of $213,909 a year. This range shows that there are opportunities for growth and higher earnings with time.

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What are the highest paying cities for a Portfolio Manager?

High-paying cities for Portfolio Manager jobs include Stamford, Connecticut, where the average salary reaches $227,106. Boston, Massachusetts, offers a strong market with an average salary of $156,116. San Francisco, California, is another top choice, with Portfolio Managers earning an average of $152,787. Other cities with competitive salaries include Huntsville, Alabama, and Springfield, Illinois. These locations provide attractive opportunities for those in the field, with average salaries of $148,895 and $142,432, respectively. Cities like Chicago, Hartford, and Charlotte also offer solid compensation packages, making them excellent places to pursue a career as a Portfolio Manager.
Graph displaying highest paying cities salaries for Portfolio Manager jobs, highlighting Stamford, CT with the highest at $227,106 and Charlotte, NC with the lowest at $130,153.
  1. Stamford, CT
    Average Salary: $227,106
    Stamford offers a thriving financial hub. Here, professionals manage diverse investment portfolios. Major companies like Evercore and Blackstone provide opportunities.
    Find Portfolio Manager jobs in Stamford, CT


  2. Boston, MA
    Average Salary: $156,116
    Boston's financial scene is bustling. Professionals here handle investment portfolios for leading firms. Fidelity Investments and State Street are notable employers.
    Find Portfolio Manager jobs in Boston, MA


  3. San Francisco, CA
    Average Salary: $152,787
    San Francisco's tech-driven economy thrives. Portfolio managers work with innovative firms here. Companies like J.P. Morgan and Charles Schwab offer exciting career paths.
    Find Portfolio Manager jobs in San Francisco, CA


  4. Huntsville, AL
    Average Salary: $148,895
    Huntsville's growing economy offers dynamic roles. Portfolio managers work with companies in aerospace and defense. The city's tech sector also presents new opportunities.
    Find Portfolio Manager jobs in Huntsville, AL


  5. Springfield, IL
    Average Salary: $142,432
    Springfield provides a balanced work environment. Here, professionals manage portfolios with a focus on stability. Local companies like State Farm offer reliable career paths.
    Find Portfolio Manager jobs in Springfield, IL


  6. Chicago, IL
    Average Salary: $138,360
    Chicago's financial sector is strong. Professionals manage portfolios for major banks. JPMorgan Chase and Goldman Sachs are prominent employers.
    Find Portfolio Manager jobs in Chicago, IL


  7. Hartford, CT
    Average Salary: $133,452
    Hartford offers a mix of insurance and finance. Professionals manage portfolios for leading insurers. Companies like Aetna and Travelers are key players.
    Find Portfolio Manager jobs in Hartford, CT


  8. Sacramento, CA
    Average Salary: $132,500
    Sacramento’s economy is diverse. Portfolio managers work with a variety of local firms. The tech sector is also on the rise, offering new opportunities.
    Find Portfolio Manager jobs in Sacramento, CA


  9. Los Angeles, CA
    Average Salary: $130,635
    Los Angeles's entertainment and tech sectors create a unique environment. Professionals manage portfolios for diverse companies. Firms like TPG and Guggenheim Partners lead the way.
    Find Portfolio Manager jobs in Los Angeles, CA


  10. Charlotte, NC
    Average Salary: $130,153
    Charlotte’s banking sector is a major player. Professionals manage portfolios for top financial institutions. Bank of America and Wells Fargo are significant employers.
    Find Portfolio Manager jobs in Charlotte, NC

What are the best companies a Portfolio Manager can work for?

If you are a Portfolio Manager, consider seeking opportunities at Apple. This company stands out with an average salary of $244,077. Additionally, 3M and Synchrony offer competitive pay, with averages of $215,817 and $203,448, respectively. These companies provide attractive financial packages to skilled Portfolio Managers.
Graph displaying best paying company salaries for Portfolio Manager jobs, highlighting Apple with the highest at $244,077 and Cushman & Wakefield with the lowest at $148,156.
  1. Apple
    Average Salary: $244,077
    At Apple, Portfolio Managers oversee investment portfolios for the company. They ensure the company’s investments align with its financial goals. Apple operates globally with headquarters in Cupertino, California.


  2. 3M
    Average Salary: $215,817
    3M offers exciting opportunities for Portfolio Managers to manage the company’s financial assets. They work to enhance the company’s investment returns. 3M has locations across the United States and around the world.


  3. Synchrony
    Average Salary: $203,448
    Synchrony provides Portfolio Managers with a chance to manage diverse investment portfolios. They focus on maximizing returns while managing risks. Synchrony is headquartered in Stamford, Connecticut, and has offices worldwide.


  4. Sanofi
    Average Salary: $202,583
    Sanofi hires Portfolio Managers to oversee investment portfolios for the company. They ensure the company's investments grow steadily. Sanofi operates in many countries with its global headquarters in Paris, France.


  5. Leidos
    Average Salary: $191,299
    Leidos offers rewarding roles for Portfolio Managers who manage the company’s investment portfolios. They work to align investments with the company’s strategic objectives. Leidos operates globally with its headquarters in Reston, Virginia.


  6. Wells Fargo
    Average Salary: $182,102
    Wells Fargo provides opportunities for Portfolio Managers to manage investment portfolios for the bank. They focus on balancing risk and return. Wells Fargo has a presence in the United States and several other countries.


  7. Liberty Mutual Insurance
    Average Salary: $169,000
    Liberty Mutual Insurance looks for Portfolio Managers to manage its investment portfolios. They aim to achieve consistent returns. The company operates in many countries with its headquarters in Boston, Massachusetts.


  8. Webster Bank
    Average Salary: $154,615
    Webster Bank offers roles for Portfolio Managers to oversee the bank’s investment portfolios. They work to ensure the bank's investments are profitable. Webster Bank operates in the Northeast United States.


  9. CIBC
    Average Salary: $149,660
    CIBC provides opportunities for Portfolio Managers to manage investment portfolios for the bank. They focus on growing the bank’s financial assets. CIBC has locations across Canada and the United States.


  10. Cushman & Wakefield
    Average Salary: $148,156
    Cushman & Wakefield offers roles for Portfolio Managers to manage investment portfolios for commercial real estate clients. They work to maximize investment returns. The company operates in many countries with its headquarters in New York City.

How to earn more as a Portfolio Manager?

Portfolio Managers can increase their earnings through several strategic steps. Understanding market trends and client needs can lead to higher returns. Developing a strong reputation and building a loyal client base also enhances earning potential. Staying updated with the latest financial tools and technologies improves efficiency and effectiveness. Networking with other professionals can open doors to lucrative opportunities. Continuous education and certifications in finance can make a significant difference.

Here are five factors that can boost a Portfolio Manager's earnings:

  1. Market Knowledge: Staying informed about market trends helps in making smarter investment choices.
  2. Client Relationships: Building trust and maintaining strong relationships with clients can lead to referrals and repeat business.
  3. Financial Tools: Using the latest technology and tools can streamline operations and improve decision-making.
  4. Professional Network: Connecting with other financial experts can lead to collaboration and new opportunities.
  5. Continuous Learning: Pursuing ongoing education and certifications keeps skills sharp and relevant.

Currently 587 Portfolio Manager job openings, nationwide.

How's the job market for a Portfolio Manager in the US?

Learn what a Portfolio Manager does, how to become one, and understand the job outlook. Get simple steps to start your career as a Portfolio Manager today.
Position
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Portfolio Manager
587 Job Openings