How much does an asset manager make?

The average asset manager salary in the United States is $85,814. Asset manager salaries typically range between $59,000 and $123,000 yearly. The average hourly rate for asset managers is $41.26 per hour. Asset manager salary is impacted by location, education, and experience. Asset managers earn the highest average salary in New York.

Asset manager salary

Q: What state pays Asset Managers the most?

New York pays Asset Managers the most in the United States, with an average salary of $111,309 per year, or $53.51 per hour.

Q: How do I know if I'm being paid fairly as an asset manager?

You know if you are being paid fairly as an asset manager if your pay is close to the average pay for the state you live in. For example, if you live in Massachusetts you should be paid close to $97,963 per year.

Average asset manager salary

$85,814

$41.26 hourly rate

Entry-level asset manager salary

$59,000 yearly salary

Updated January 8, 2025

Understanding Asset Manager Salaries

As of October 2025, the average salary for an Asset Manager in the United States stands at $85,814 per year. This figure can fluctuate significantly depending on experience level, geographic location, and the sector of employment. For instance, entry-level positions typically earn less, while seasoned professionals can command higher salaries.

Salary by Experience Level

Asset managers with 1-3 years of experience might expect to earn around $60,000, while those with 4-6 years may see their salaries approach $75,000. Senior asset managers and those in leadership roles can earn upwards of $100,000 annually.

Highest Paying States

Location plays a vital role in salary potential. States such as New York and California often offer some of the highest salaries for asset managers, reflecting the cost of living and demand for financial expertise. Understanding these dynamics can significantly aid in career planning and job selection.

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Asset manager salary by:

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Where can an Asset Manager earn more?

Compare salary by location

130k

110k

90k

70k

50k

Columbus, OH$111,341

Indianapolis, IN$79,528

Compare salary by company

177k

157k

137k

117k

97k

77k

Deutsche Bank$159,025

Bell Flight$106,758

Asset manager salaries by experience level

Experience level	Avg. salary	Hourly rate
Entry-level asset manager	$59,000	$28.37
Mid-level asset manager	$91,300	$43.90
Senior-level asset manager	$140,000	$67.48

Asset manager salary estimates from across the web

Based on the latest salary information compiled by Zippia, Salary.com, Indeed, Ziprecruiter, Comparably and Payscale, the average salary for an asset manager typically falls between $79,313 and $127,566.

zippia

$85,814yearly

indeed[1]

$95,482yearly

comparably[2]

$93,850yearly

Salary.com[3]

$127,566yearly

ZipRecruiter[4]

$94,129yearly

payscale[5]

$79,313yearly

Average asset manager salary by state

The highest-paying states for asset managers are New York, Massachusetts, and Oregon. The lowest average asset manager salary states are Florida, Iowa, and Mississippi.

State view
County view

Average salary:

Highest paying states for asset managers

Rank	State	Avg. salary	Hourly rate
1	New York	$111,309	$53.51
2	Massachusetts	$97,963	$47.10
3	Pennsylvania	$94,970	$45.66
4	Connecticut	$96,117	$46.21
5	Oregon	$96,515	$46.40
6	New Jersey	$94,635	$45.50
7	Rhode Island	$95,560	$45.94
8	Virginia	$93,942	$45.16
9	Washington	$90,976	$43.74
10	California	$95,737	$46.03
11	Illinois	$86,597	$41.63
12	District of Columbia	$93,034	$44.73
13	Alaska	$91,602	$44.04
14	Maryland	$92,502	$44.47
15	Texas	$83,973	$40.37
16	Louisiana	$88,878	$42.73
17	Ohio	$82,932	$39.87
18	West Virginia	$86,995	$41.82
19	Arizona	$82,912	$39.86
20	Maine	$87,653	$42.14
21	Kansas	$83,886	$40.33
22	Delaware	$84,651	$40.70
23	Kentucky	$83,129	$39.97
24	Minnesota	$84,333	$40.54
25	Montana	$84,359	$40.56
26	Michigan	$80,674	$38.79
27	Indiana	$79,877	$38.40
28	New Hampshire	$84,136	$40.45
29	Nevada	$79,436	$38.19
30	Missouri	$78,545	$37.76
31	North Carolina	$78,588	$37.78
32	North Dakota	$82,048	$39.45
33	Tennessee	$77,277	$37.15
34	Vermont	$83,229	$40.01
35	Wisconsin	$78,570	$37.77
36	Arkansas	$73,924	$35.54
37	Georgia	$72,206	$34.71
38	Hawaii	$69,848	$33.58
39	Utah	$72,624	$34.92
40	Colorado	$71,946	$34.59
41	South Dakota	$74,952	$36.03
42	Idaho	$75,297	$36.20
43	Florida	$69,267	$33.30
44	Wyoming	$74,041	$35.60
45	New Mexico	$72,249	$34.74
46	South Carolina	$69,513	$33.42
47	Iowa	$68,588	$32.98
48	Alabama	$67,226	$32.32
49	Nebraska	$65,916	$31.69
50	Oklahoma	$67,165	$32.29
51	Mississippi	$68,084	$32.73

Top asset manager jobs near you

Highest paying cities for asset managers

The highest-paying cities for asset managers are New York, NY, Sacramento, CA, and Boston, MA.

Rank	City	Avg. salary	Hourly rate
1	New York, NY	$111,341	$53.53
2	Sacramento, CA	$106,057	$50.99
3	Boston, MA	$98,111	$47.17
4	Hartford, CT	$96,574	$46.43
5	McLean, VA	$96,264	$46.28
6	Providence, RI	$95,681	$46.00
7	Portland, OR	$95,531	$45.93
8	Philadelphia, PA	$95,455	$45.89
9	Washington, DC	$93,056	$44.74
10	Baltimore, MD	$92,953	$44.69
11	Seattle, WA	$91,599	$44.04
12	Chicago, IL	$87,097	$41.87
13	Minneapolis, MN	$84,287	$40.52
14	Overland Park, KS	$84,254	$40.51
15	Austin, TX	$84,227	$40.49
16	Phoenix, AZ	$83,159	$39.98
17	Columbus, OH	$82,345	$39.59
18	Detroit, MI	$81,133	$39.01
19	Raleigh, NC	$80,050	$38.49
20	Indianapolis, IN	$79,528	$38.23

Asset manager salary details

An asset manager's salary ranges from $59,000 a year at the 10th percentile to $123,000 at the 90th percentile.

Average asset manager salary graph, trends, and summary

What is an asset manager's salary?

Percentile	Annual salary	Monthly salary	Hourly rate
90th Percentile	$123,000	$10,250	$59
75th Percentile	$103,000	$8,583	$50
Average	$85,814	$7,151	$41
25th Percentile	$70,000	$5,833	$34
10th Percentile	$59,000	$4,917	$28

Highest paying asset manager jobs

The highest paying types of asset managers are banking center manager, audit manager, and investments manager.

Job title	Annual salary	Monthly salary	Hourly rate	Job openings
Manager Finance Planning And Analysis	$106,888	$8,907	$51.39	111,706
Accountant And Office Manager	$51,217	$4,268	$24.62	107,701
Administrative & Finance Manager	$76,989	$6,416	$37.01	143,109
Management Accounts Manager	$91,681	$7,640	$44.08	113,871
Finance And Insurance Manager	$92,250	$7,687	$44.35	136,188
Credit And Collection Manager	$71,775	$5,981	$34.51	38,683

Top companies hiring asset managers now:

Which companies pay asset managers the most?

Asset manager salaries at Deutsche Bank and Pacific Investment Management Company LLC are the highest-paying according to our most recent salary estimates. In addition, the average asset manager salary at companies like Santa Clara Valley Water District and Google are highly competitive.

Rank	Company	Average salary	Hourly rate
1	Deutsche Bank	$159,025	$76.45
2	Pacific Investment Management Company LLC	$129,508	$62.26
3	Santa Clara Valley Water District	$127,991	$61.53
4	Google	$127,504	$61.30
5	Logitech	$126,859	$60.99
6	Applied Materials	$124,872	$60.03
7	Crown Castle International	$123,495	$59.37
8	Ernst & Young	$123,411	$59.33
9	Blackstone Group	$122,531	$58.91
10	Low Income Investment Fund	$121,801	$58.56
11	Chevron	$121,370	$58.35
12	Northern Trust	$121,330	$58.33
13	Pwc	$117,155	$56.32
14	Koch Industries	$116,775	$56.14
15	Microsoft	$114,993	$55.29
16	ViacomCBS	$114,624	$55.11
17	Cisco	$109,424	$52.61
18	Partners Group LTD	$109,118	$52.46
19	Royal Bank of Canada	$107,789	$51.82
20	Bell Flight	$106,758	$51.33

Wage gap by gender, race and education

$90,000$88,200$86,400$84,600$82,800$81,000

MaleFemale

Asset Manager salary by industry

The average asset manager salary varies across industries:

The average asset manager salary in the finance industry is $92,074, the highest of any industry.
The average asset manager salary in the finance industry is $82,748.
Asset managers in the real estate industry earn an average salary of $80,444, the lowest of any industry.

Highest paying industries for asset managers

Rank	Industry	Average salary	Hourly rate
1	Finance	$92,074	$44.27
2	Government	$82,748	$39.78
3	Manufacturing	$82,250	$39.54
4	Professional	$82,199	$39.52
5	Health Care	$81,541	$39.20
6	Real Estate	$80,444	$38.67

High paying asset manager jobs

Asset manager salary trends

The average asset manager salary has risen by $17,280 over the last ten years. In 2014, the average asset manager earned $68,534 annually, but today, they earn $85,814 a year. That works out to a 10% change in pay for asset managers over the last decade.

Compare asset manager salaries for cities or states with the national average over time.

Average asset manager salary over time

Compare asset manager salaries for individual cities or states with the national average.

Asset manager salary by year

Year	Avg. salary	Hourly rate	% Change
2025	$85,800	$41.26	+3.2%
2024	$83,100	$39.94	+1.5%
2023	$81,900	$39.35	+2.3%
2022	$80,000	$38.46	+2.7%
2021	$77,900	$37.43	+3.1%

Recently added asset manager salaries

Company	Job	Location	Date added	Salary
Capital One	Senior Asset Manager, Criticized Assets	McLean, VA	06/30/2025	$158,400
Wheels	Manager, Asset Risk	Schaumburg, IL	06/30/2025	$113,400
Prologis	Commercial Asset Manager	Denver, CO	06/30/2025	$120,000
Perspecta	Sitec-Asset Manager	San Diego, CA	06/29/2025	$66,000
Falcon School District 49	Asset Manager	Peyton, CO	06/29/2025	$65,088
Pacific Investment Management Co	CRE Debt Asset Manager, VP	Fine, NY	06/29/2025	$205,000
Enterprise Community Partners	Asset Manager, Real Estate Equity	Denver, CO	06/29/2025	$100,000
Enterprise Community Partners	Asset Manager, Real Estate Equity	Columbia, MD	06/29/2025	$100,000
Enterprise Community Partners	SR. Asset Manager	New York, NY	06/29/2025	$130,000
Enterprise Community Partners	Asset Manager, Real Estate Equity	Los Angeles, CA	06/29/2025	$100,000

Asset manager salary FAQs

What state pays Asset Managers the most?

How do I know if I'm being paid fairly as an asset manager?

Have more questions? See all answers to common executive management questions.

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Updated January 8, 2025

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