Position
Salary

How much does a Portfolio Manager make?

The average salary for a Portfolio Manager is $121,503 per year in the US.

A Portfolio Manager plays a key role in overseeing investments and ensuring they meet financial goals. This role often comes with a rewarding salary. On average, a Portfolio Manager earns about $121,503 per year. This figure can vary based on experience, location, and the size of the company.

The salary range for Portfolio Managers can be quite broad. At the lower end, some managers earn around $52,240 annually. As experience and expertise grow, salaries can reach up to $229,500 per year. This range reflects the importance of the role and the skills needed to succeed in it. Factors like education, certifications, and performance also influence earnings. A Portfolio Manager's salary can be a significant factor in career satisfaction and financial stability.

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What are the highest paying cities for a Portfolio Manager?

Portfolio Managers can find some of the best pay in Stamford, Connecticut, with an average salary of $223,705. Boston, Massachusetts, and San Francisco, California, also offer high salaries, with averages around $156,000 and $155,000, respectively. Other cities like Albany, New York, and Huntsville, Alabama, provide competitive salaries for those in the field.
Graph displaying highest paying cities salaries for Portfolio Manager jobs, highlighting Stamford, CT with the highest at $223,705 and Cincinnati, OH with the lowest at $127,745.
  1. Stamford, CT
    Average Salary: $223,705
    In Stamford, financial firms thrive, offering a dynamic environment for those managing investment portfolios. Companies like Blackstone and Evercore attract professionals seeking growth and stability.
    Find Portfolio Manager jobs in Stamford, CT


  2. Boston, MA
    Average Salary: $156,033
    Boston's rich financial history makes it a prime spot for managing portfolios. With firms like Fidelity and State Street, the city offers diverse opportunities for career advancement.
    Find Portfolio Manager jobs in Boston, MA


  3. San Francisco, CA
    Average Salary: $154,820
    San Francisco's tech-driven economy provides a unique setting for portfolio management. Companies like Charles Schwab and E*TRADE offer innovative platforms for managing investments.
    Find Portfolio Manager jobs in San Francisco, CA


  4. Albany, NY
    Average Salary: $153,973
    Albany's stable financial sector offers a solid foundation for managing portfolios. With companies like New York Life, it's a place where experience and expertise are highly valued.
    Find Portfolio Manager jobs in Albany, NY


  5. Huntsville, AL
    Average Salary: $140,655
    Huntsville's growing tech industry creates a vibrant atmosphere for managing portfolios. Companies like Cummings Research Park offer cutting-edge opportunities for financial professionals.
    Find Portfolio Manager jobs in Huntsville, AL


  6. Chicago, IL
    Average Salary: $135,780
    Chicago's financial hub provides a bustling environment for managing portfolios. With firms like JPMorgan Chase and Citadel, it's a city where financial acumen is in high demand.
    Find Portfolio Manager jobs in Chicago, IL


  7. Charlotte, NC
    Average Salary: $132,071
    Charlotte's banking sector offers a strong backdrop for managing portfolios. Companies like Bank of America and Wells Fargo provide a stable and rewarding career path.
    Find Portfolio Manager jobs in Charlotte, NC


  8. Los Angeles, CA
    Average Salary: $131,340
    Los Angeles' diverse economy offers a dynamic setting for managing portfolios. With firms like TCW and OppenheimerFunds, it's a city where financial innovation thrives.
    Find Portfolio Manager jobs in Los Angeles, CA


  9. Sacramento, CA
    Average Salary: $128,775
    Sacramento's growing financial sector provides a promising environment for managing portfolios. Companies like MFS and TIAA offer opportunities for career growth and stability.
    Find Portfolio Manager jobs in Sacramento, CA


  10. Cincinnati, OH
    Average Salary: $127,745
    Cincinnati's strong financial institutions offer a solid foundation for managing portfolios. With companies like Fifth Third Bank and Procter & Gamble, it's a place where financial expertise is highly valued.
    Find Portfolio Manager jobs in Cincinnati, OH

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

Synchrony offers one of the highest salaries for Portfolio Managers, with an average of $230,000. Genentech and Wells Fargo also provide competitive pay, with averages of $227,582 and $178,668, respectively. Job seekers can expect attractive compensation packages at these top-tier companies. Bank of America, Liberty Mutual Insurance, and Webster Bank follow closely behind, offering average salaries of $157,337, $169,000, and $152,143. Cushman & Wakefield, U.S. Bank, TIAA, and Atlantic Union Bank also provide solid pay, with averages ranging from $135,969 to $139,205. These companies offer promising opportunities for those seeking a lucrative career in portfolio management.
Graph displaying best paying company salaries for Portfolio Manager jobs, highlighting Synchrony with the highest at $230,000 and Atlantic Union Bank with the lowest at $135,969.
  1. Synchrony
    Average Salary: $230,000
    Synchrony offers exciting opportunities for Portfolio Managers. They manage large portfolios and provide financial advice. Synchrony operates in the U.S. and Canada.


  2. Genentech
    Average Salary: $227,582
    Genentech provides a dynamic environment for Portfolio Managers. They focus on investment strategies for the company's funds. Genentech has locations in the U.S. and Switzerland.


  3. Wells Fargo
    Average Salary: $178,668
    Wells Fargo offers diverse roles for Portfolio Managers. They work on managing client portfolios and providing financial guidance. Wells Fargo operates across the U.S.


  4. Liberty Mutual Insurance
    Average Salary: $169,000
    Liberty Mutual Insurance provides a stable environment for Portfolio Managers. They manage investment portfolios for the company. They operate in the U.S. and internationally.


  5. Bank of America
    Average Salary: $157,337
    Bank of America offers many opportunities for Portfolio Managers. They manage investment portfolios and provide financial advice. They operate across the U.S.


  6. Webster Bank
    Average Salary: $152,143
    Webster Bank provides a supportive environment for Portfolio Managers. They manage investment portfolios and offer financial advice. They operate in the U.S.


  7. Cushman & Wakefield
    Average Salary: $139,205
    Cushman & Wakefield offers a unique role for Portfolio Managers. They manage investment portfolios and provide financial advice. They operate globally.


  8. U.S. Bank
    Average Salary: $137,813
    U.S. Bank provides a stable environment for Portfolio Managers. They manage investment portfolios and offer financial advice. They operate across the U.S.


  9. TIAA
    Average Salary: $137,057
    TIAA offers a supportive environment for Portfolio Managers. They manage investment portfolios and provide financial advice. They operate across the U.S.


  10. Atlantic Union Bank
    Average Salary: $135,969
    Atlantic Union Bank provides a stable environment for Portfolio Managers. They manage investment portfolios and offer financial advice. They operate in the U.S.

How to earn more as a Portfolio Manager?

Becoming a successful Portfolio Manager involves more than just managing investments. It requires a blend of skills, experience, and strategic thinking. Portfolio Managers can increase their earnings by focusing on several key factors. These factors not only enhance their performance but also make them more valuable to employers.

First, gaining specialized certifications can significantly boost a Portfolio Manager's earning potential. Certifications such as the Chartered Financial Analyst (CFA) or the Certified Investment Management Analyst (CIMA) demonstrate a high level of expertise. These credentials can lead to higher-paying positions and more responsibilities. Second, developing strong analytical skills helps in making informed investment decisions. This skill allows managers to identify trends and opportunities that can lead to better returns. Third, building a robust professional network can open doors to new opportunities. Networking with other professionals in the industry can lead to job offers and collaborations that increase earnings. Fourth, staying updated with market trends and economic changes ensures that a Portfolio Manager can adapt to new conditions quickly. This knowledge helps in making timely and effective investment decisions. Finally, enhancing communication skills allows managers to explain complex financial concepts to clients and stakeholders clearly. This ability builds trust and can lead to larger client portfolios and higher fees.

By focusing on these factors, Portfolio Managers can improve their performance and increase their earnings. Specialization, analytical skills, networking, market knowledge, and communication are all crucial elements for success in this field.

  1. Gain specialized certifications
  2. Develop strong analytical skills
  3. Build a robust professional network
  4. Stay updated with market trends
  5. Enhance communication skills

Currently 525 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.
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Portfolio Manager
525 Job Openings