How much does a Portfolio Manager make?
Portfolio Managers handle investments for individuals or organizations. Their work involves analyzing market trends and making investment decisions. This career can lead to a good income.
The average yearly salary for Portfolio Managers stands at $122,771. This means most managers make this amount or more each year. However, salaries can vary based on experience, education, and the size of the firm where they work. Here are the common salary ranges:
- Top 10% earn over $219,649
- Top 25% earn over $169,096
- Top 50% earn between $101,693 and $169,096
What are the highest paying cities for a Portfolio Manager?

-
Stamford, CT
Average Salary: $205,944
In Stamford, top financial institutions like Evercore and UBS offer dynamic roles for those who want to manage investment portfolios. Stamford provides a great blend of business and residential lifestyle with easy access to New York City.
Find Portfolio Manager jobs in Stamford, CT
-
San Francisco, CA
Average Salary: $160,251
San Francisco is home to many financial giants, including J.P. Morgan and Charles Schwab. Working here means being part of a vibrant tech and finance scene. The competitive salary helps offset the higher cost of living.
Find Portfolio Manager jobs in San Francisco, CA
-
Boston, MA
Average Salary: $153,942
Boston's rich history in finance creates a perfect environment for portfolio management. Companies like Fidelity Investments and State Street Corporation offer exciting career paths. The city's educational resources provide great professional growth.
Find Portfolio Manager jobs in Boston, MA
-
Huntsville, AL
Average Salary: $153,594
Huntsville offers a growing job market with companies like AmSouth and BB&T. The cost of living is lower compared to larger cities, allowing for a better lifestyle. Huntsville's focus on tech and aerospace industries also offers unique opportunities.
Find Portfolio Manager jobs in Huntsville, AL
-
Chicago, IL
Average Salary: $145,968
Chicago's financial industry is thriving with major firms like Goldman Sachs and Citadel. The city offers diverse cultural experiences and a strong network of professional development opportunities. It's a great place to build a long-term career.
Find Portfolio Manager jobs in Chicago, IL
-
San Antonio, TX
Average Salary: $143,063
San Antonio boasts a growing economy with companies like Frost Bank and USAA. The cost of living is affordable, offering a balanced lifestyle. The city's friendly atmosphere makes it easy to build lasting professional relationships.
Find Portfolio Manager jobs in San Antonio, TX
-
Charlotte, NC
Average Salary: $141,376
Charlotte is a major financial hub with Bank of America and Wells Fargo. The city offers a blend of urban and suburban living. It's an excellent place for those looking to advance their careers in finance.
Find Portfolio Manager jobs in Charlotte, NC
-
Miami, FL
Average Salary: $140,782
Miami's diverse economy offers opportunities with companies like Bank of the West and Fiserv. The city's vibrant culture and beach lifestyle make it an attractive place to live and work. Miami also provides a gateway to Latin America, offering international exposure.
Find Portfolio Manager jobs in Miami, FL
-
Hartford, CT
Average Salary: $138,409
Hartford, known as the insurance capital, hosts companies like Aetna and The Hartford. Working here means being part of a historic financial center with a strong community focus. The cost of living is moderate, making it a practical choice.
Find Portfolio Manager jobs in Hartford, CT
-
Washington, DC
Average Salary: $138,335
Washington, DC, is a political and financial nexus with institutions like Fannie Mae and Capital One. The city offers a unique blend of professional opportunities and cultural experiences. It's a great place for those interested in public policy and finance.
Find Portfolio Manager jobs in Washington, DC
What are the best companies a Portfolio Manager can work for?

-
3M Company
Average Salary: $215,033
3M Company offers dynamic opportunities for Portfolio Managers to manage investment portfolios for various entities. The company operates globally, with major offices in the U.S., Europe, and Asia. They focus on innovation and diversification across industries, making it a great place for those looking to develop their portfolio management skills.
-
Wells Fargo
Average Salary: $191,240
Wells Fargo provides a broad range of services for Portfolio Managers. They have a strong presence in the U.S. with offices across the country. The company emphasizes financial stability and customer service, offering a supportive environment for those managing portfolios.
-
Leidos
Average Salary: $184,977
Leidos offers rewarding roles for Portfolio Managers, focusing on defense, health, and infrastructure sectors. Their headquarters is in the U.S., with additional offices in Europe and the Middle East. They value strategic financial planning and offer competitive benefits.
-
JPMorgan Chase
Average Salary: $176,239
JPMorgan Chase is a leading global financial services firm, offering exciting opportunities for Portfolio Managers. With offices worldwide, they focus on investment banking, asset management, and wealth management. The company provides robust training and development programs.
-
SYNCHRONY FINANCIAL EMPLOYEES HEALTH SERVICES
Average Salary: $173,382
SYNCHRONY provides specialized healthcare benefits for its employees, including roles for Portfolio Managers. They operate primarily in the U.S., focusing on employee benefits and financial services. The company offers a supportive environment with a focus on health and financial well-being.
-
GEICO
Average Salary: $170,385
GEICO offers a unique opportunity for Portfolio Managers in the insurance industry. They have a strong presence in the U.S. and focus on auto, home, and renters insurance. The company emphasizes customer satisfaction and financial efficiency, making it an excellent place for aspiring portfolio managers.
-
Goldman Sachs
Average Salary: $166,406
Goldman Sachs is a premier investment banking firm, offering high-paying roles for Portfolio Managers. They have a global presence with major offices in the U.S., Europe, and Asia. The company is known for its competitive environment and offers extensive resources for professional growth.
-
Citizens
Average Salary: $163,077
Citizens offers rewarding roles for Portfolio Managers, focusing on personal and business banking services. They operate across the U.S., with a focus on community banking. The company provides a supportive environment and opportunities for career advancement.
-
Webster Bank
Average Salary: $162,292
Webster Bank provides diverse opportunities for Portfolio Managers, focusing on retail and commercial banking. They have a strong presence in the northeastern U.S. The company emphasizes community engagement and offers a supportive work environment.
-
Northern Trust
Average Salary: $160,802
Northern Trust offers roles for Portfolio Managers in wealth management and asset servicing. They have a global presence, with key offices in the U.S., Europe, and Asia. The company values stability and offers a collaborative work environment.
How to earn more as a Portfolio Manager?
To earn more as a Portfolio Manager, focus on certain key areas. These areas will help increase earning potential and job satisfaction. Gaining expertise in specific areas of investment management can lead to higher-paying opportunities. It is also important to expand one's professional network and seek mentorship from experienced managers.
Here are some factors to consider:
- Gain advanced certifications in investment management.
- Specialize in high-demand areas like sustainable investing or technology stocks.
- Build a strong professional network through industry events and online platforms.
- Seek mentorship from experienced portfolio managers.
- Continuously update skills and knowledge in investment strategies and market trends.



