Asset manager demographics and statistics in the US
Asset manager demographics research summary. Zippia estimates asset manager demographics and statistics in the United States by using a database of 30 million profiles. Our asset manager estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about asset managers after extensive research and analysis:
- There are over 11,020 asset managers currently employed in the United States.
- 35.7% of all asset managers are women, while 64.3% are men.
- The average asset manager age is 45 years old.
- The most common ethnicity of asset managers is White (63.8%), followed by Hispanic or Latino (15.0%), Asian (8.9%) and Black or African American (7.8%).
- Asset managers are most in-demand in New York, NY.
- New York, NY pays an annual average wage of $111,341, the highest in the US.
- In 2022, women asset managers earned 92% of what men earned.
- New York is the best state for asset managers to live.
- Asset managers are 51% more likely to work at private companies in comparison to public companies.
On this page
Asset manager demographics by:
Asset manager gender statistics
35.7% of asset managers are women and 64.3% of asset managers are men.
- Male, 64.3%
- Female, 35.7%
Asset manager gender ratio
| Gender | Percentages |
|---|---|
| Male | 64.3% |
| Female | 35.7% |
Asset manager gender pay gap
Women earn 92¢ for every $1 earned by men
Male income
$89,181
Female income
$81,702
Asset manager gender ratio over time
This data breaks down the percentage of men and women in asset manager positions over time. Currently, 35.7% of asset managers are female.
Asset manager gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 66.41% | 33.59% |
| 2011 | 66.40% | 33.60% |
| 2012 | 67.63% | 32.37% |
| 2013 | 65.84% | 34.16% |
| 2014 | 66.48% | 33.52% |
| 2015 | 66.72% | 33.28% |
| 2016 | 66.53% | 33.47% |
| 2017 | 67.88% | 32.12% |
| 2018 | 65.48% | 34.52% |
| 2019 | 64.02% | 35.98% |
| 2020 | 64.58% | 35.42% |
| 2021 | 64.26% | 35.74% |
Asset manager related jobs gender ratio
We compared asset managers with similar job titles to see how gender ratios vary. As you can see, general road foreman and plant superintendent have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Executive Assistant/Human Resources | 7% | 93% |
| Office Manager Of Human Resources | 10% | 90% |
| Business Office Manager | 15% | 85% |
| Asset Manager | 64% | 36% |
| Maintenance Director | 97% | 3% |
| Plant Superintendent | 97% | 3% |
| General Road Foreman | 97% | 3% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Asset manager demographics by race
The most common ethnicity among asset managers is White, which makes up 63.8% of all asset managers. Comparatively, 15.0% of asset managers are Hispanic or Latino and 8.9% of asset managers are Asian.
- White, 63.8%
- Hispanic or Latino, 15.0%
- Asian, 8.9%
- Black or African American, 7.8%
- Unknown, 4.1%
- American Indian and Alaska Native, 0.4%
Asset manager race
| Asset manager race | Percentages |
|---|---|
| White | 63.8% |
| Hispanic or Latino | 15.0% |
| Asian | 8.9% |
| Black or African American | 7.8% |
| Unknown | 4.1% |
| American Indian and Alaska Native | 0.4% |
Asset manager race and ethnicity over time
See how asset manager racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Asset manager race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 70.41% | 8.28% | 6.78% | 12.88% |
| 2011 | 70.02% | 8.40% | 6.97% | 12.73% |
| 2012 | 69.35% | 8.52% | 7.30% | 12.94% |
| 2013 | 68.14% | 8.57% | 8.02% | 13.26% |
| 2014 | 68.25% | 8.19% | 7.75% | 14.09% |
| 2015 | 68.10% | 8.26% | 7.83% | 13.88% |
| 2016 | 68.04% | 8.00% | 8.17% | 13.81% |
| 2017 | 67.31% | 8.02% | 8.30% | 14.19% |
| 2018 | 67.56% | 7.60% | 8.43% | 14.41% |
| 2019 | 67.75% | 7.44% | 8.45% | 14.42% |
| 2020 | 65.67% | 7.30% | 8.60% | 14.58% |
| 2021 | 63.83% | 7.80% | 8.88% | 15.03% |
Asset manager wage gap by race
According to our data, asian asset managers have the highest average salary compared to other ethnicities. Black or african american asset managers have the lowest average salary at $84,467.
| Ethnicity | Salary |
|---|---|
| Unknown | $89,996 |
| White | $89,951 |
| Black or African American | $84,467 |
| Asian | $94,128 |
| Hispanic or Latino | $87,647 |
Average asset manager age
See how the average age of asset managers varies based on ethnicity and gender.
Male
Female
Asset manager age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Black or African American | 45 | 47 |
| Unknown | 41 | 45.5 |
| Asian | 42 | 44 |
| Hispanic or Latino | 40 | 42 |
| White | 45 | 49 |
| American Indian and Alaska Native | 44.5 |
Asset manager age breakdown
The average age of asset managers is 40+ years years old, representing 68% of the asset manager population.
Asset manager age breakdown
| Asset Manager Years | Percentages |
|---|---|
| 40+ years | 68% |
| 30-40 years | 26% |
| 20-30 years | 6% |
Asset manager educational attainment
The most common degree for asset managers is bachelor's degree, with 68% of asset managers earning that degree. The second and third most common degree levels are associate degree degree at 12% and associate degree degree at 12%.
- Bachelor's, 68%
- Associate, 12%
- Master's, 12%
- High School Diploma, 4%
- Other Degrees, 4%
Asset managers by degree level
| Asset manager degree | Percentages |
|---|---|
| Bachelor's | 68% |
| Associate | 12% |
| Master's | 12% |
| High School Diploma | 4% |
| Other Degrees | 4% |
Asset manager jobs you might like
Asset manager wage gap by degree level
According to the data, asset managers with a Doctorate degree earn more than those without, at $112,735 annually. With a Master's degree, asset managers earn a median annual income of $107,447 compared to $94,247 for asset managers with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $107,447 |
| High School Diploma or Less | $76,558 |
| Bachelor's Degree | $94,247 |
| Doctorate Degree | $112,735 |
| Some College/ Associate Degree | $76,549 |
Asset manager employment statistics
Most asset managers work for a private in the finance industry.
Company size where asset managers work
Below, you can see the size of companies where asset managers work.
Asset manager jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 5% |
| 50 - 100 employees | 14% |
| 100 - 500 employees | 21% |
| 500 - 1,000 employees | 6% |
| 1,000 - 10,000 employees | 21% |
| > 10,000 employees | 34% |
Asset manager jobs by company type
Employees with the asset manager job title have their preferences when it comes to working for a company. For instance, most asset managers prefer to work at private companies over public companies.
Asset manager jobs by sector
| Company type | Percentages |
|---|---|
| Education | 1% |
| Public | 42% |
| Private | 51% |
| Government | 5% |
Asset manager jobs by industry
The most common industries for asset managers are finance, real estate and technology.
Asset manager industry statistics
| Industry | Percentages |
|---|---|
| Finance | 23% |
| Fortune 500 | 19% |
| Real Estate | 10% |
| Technology | 8% |
| Professional | 6% |
| Energy | 6% |
| Manufacturing | 5% |
| Government | 4% |
| Health Care | 3% |
| Retail | 3% |
| Media | 2% |
| Telecommunication | 2% |
| Transportation | 1% |
| Automotive | 1% |
| Utilities | 1% |
| Construction | 1% |
| Hospitality | 1% |
| Start-up | 1% |
| Non Profits | 1% |
| Insurance | 1% |
| Education | 1% |
Asset manager turnover and employment statistics
Asset manager unemployment rate over time
The unemployment rate for asset managers between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Asset manager unemployment rate by year
| Year | Asset manager unemployment rate |
|---|---|
| 2010 | 5.13% |
| 2011 | 4.53% |
| 2012 | 4.16% |
| 2013 | 3.12% |
| 2014 | 2.76% |
| 2015 | 2.14% |
| 2016 | 1.85% |
| 2017 | 1.83% |
| 2018 | 1.89% |
| 2019 | 1.68% |
| 2020 | 2.20% |
| 2021 | 2.52% |
Average asset manager tenure
The average asset manager stays at their job for 1-2 years, based on the 9,435 asset managers resumes in Zippia's database.
Asset manager tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 13% |
| 1-2 years | 37% |
| 3-4 years | 19% |
| 5-7 years | 16% |
| 8-10 years | 6% |
| 11+ years | 9% |
Asset manager LGBT ratio compared to similar jobs
Review the percent of asset managers that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Facilities Manager | 4.78% | 13,167 |
| Trucking Contractor | 5.19% | 11,459 |
| Asset Manager | 10.51% | - |
| Account Delivery Manager | 11.01% | 97,808 |
| Materials Planning Manager | 11.39% | 32,967 |
| Professional Development Director | 17.60% | 103,723 |
| Job Analysis Manager | 17.78% | 47,811 |
Similar asset manager jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Facilities Manager | 4.78% | 13,167 |
| Trucking Contractor | 5.19% | 11,459 |
| Account Delivery Manager | 11.01% | 97,808 |
| Materials Planning Manager | 11.39% | 32,967 |
| Professional Development Director | 17.60% | 103,723 |
| Job Analysis Manager | 17.78% | 47,811 |
Foreign languages spoken by asset managers
The most common foreign language among asset managers is Spanish at 54.0%. The second-most popular foreign language spoken is French at 11.3% and German is the third-most popular at 5.7%.
- Spanish, 54.0%
- French, 11.3%
- German, 5.7%
- Portuguese, 4.2%
- Italian, 3.4%
- Other, 21.4%
Asset manager languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 54.0% |
| French | 11.3% |
| German | 5.7% |
| Portuguese | 4.2% |
| Italian | 3.4% |
| Other | 21.4% |
