Many factors affect a portfolio manager salary. While the BLS reports the median annual portfolio manager salary was $81,590 in 2019, salaries vary. For example, the top 10% of earners made more than $156,150; the bottom 10% of earners made less than $47,230.
What is a portfolio manager UK?
A portfolio manager is a financial specialist who helps clients or companies oversee their investment portfolio, that is, a group of assets and investments. A portfolio manager is a competitive and challenging profession.
How much does a portfolio manager manage?
Even in the lowest-paying AUM bracket — advisory firms running $500 million to $1 billion — portfolio managers reported total compensation of $448,311 on average. Overall, wealth management PMs anticipated $805,583 in total compensation for 2018, up from $527,163 last year.Nov 8, 2018
How much do portfolio managers get?
Many factors affect a portfolio manager salary. While the BLS reports the median annual portfolio manager salary was $81,590 in 2019, salaries vary. For example, the top 10% of earners made more than $156,150; the bottom 10% of earners made less than $47,230.
How do portfolio managers make money?
Salary. This compensation often comes in the form of assets under management (AUM) fee for each investor client, which can result in a significant increase in total compensation as a client base grows and as investment accounts perform well.
Can portfolio managers make millions?
The top fund managers in the industry have been known to bring in $10 million to $25 million per year in exchange for employing envious stock-picking skills. Fund managers receive additional income based on the total assets under management.
How much do Fidelity portfolio managers make?
Fidelity Investments Salary FAQs What is the salary trajectory of a Portfolio Manager? The salary trajectory of a Portfolio Manager ranges between locations and employers. The salary starts at $91,173 per year and goes up to $147,950 per year for the highest level of seniority.
How much do stock portfolio managers make?
The average annual base salary for a portfolio manager in the U.S., as of October 2020, was $81,461, according to Glassdoor.
What does a portfolio manager do at BlackRock?
A BlackRock Portfolio Manager will partner with your financial advisor to develop a customized portfolio to help meet your investment goals.