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Fixed income portfolio manager salary
Average fixed income portfolio manager salary
$111,730
Average Salary Overview
The average salary for a Fixed Income Portfolio Manager is approximately $111,730 annually. This figure reflects the compensation structure across various states and experience levels. Entry-level positions start at lower salaries, while seasoned professionals can earn significantly more, especially in finance hubs like New York and California.
Factors Influencing Salary
Several factors impact salary, including:
- Location: Salaries are generally higher in metropolitan areas with a high cost of living.
- Experience: Managers with more years in the industry often command higher salaries.
- Company Size: Larger firms typically offer better compensation packages.
Job Opportunities
Fixed Income Portfolio Managers can find opportunities in various sectors, including banks, investment firms, and hedge funds. Networking and staying updated on industry trends can enhance job prospects and salary potential.
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Where can a Fixed Income Portfolio Manager earn more?
Fixed income portfolio manager salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level fixed income portfolio manager | $76,800 | $36.93 |
| Mid-level fixed income portfolio manager | $119,000 | $57.16 |
| Senior-level fixed income portfolio manager | $183,000 | $87.86 |
Fixed income portfolio manager salary estimates from across the web
Average fixed income portfolio manager salary by state
The highest-paying states for fixed income portfolio managers are Alaska, New Hampshire, and California. The lowest average fixed income portfolio manager salary states are Colorado, Iowa, and Kansas.
- State view
- County view
Highest paying states for fixed income portfolio managers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington | $127,612 | $61.35 |
| 2 | Nevada | $120,182 | $57.78 |
| 3 | Massachusetts | $123,967 | $59.60 |
| 4 | California | $128,781 | $61.91 |
| 5 | Alaska | $179,712 | $86.40 |
| 6 | Utah | $119,626 | $57.51 |
| 7 | Montana | $126,261 | $60.70 |
| 8 | New Hampshire | $133,893 | $64.37 |
| 9 | Delaware | $121,896 | $58.60 |
| 10 | New York | $120,308 | $57.84 |
| 11 | Rhode Island | $118,535 | $56.99 |
| 12 | Oregon | $120,102 | $57.74 |
| 13 | New Jersey | $120,448 | $57.91 |
| 14 | Connecticut | $117,257 | $56.37 |
| 15 | Illinois | $111,653 | $53.68 |
| 16 | District of Columbia | $117,909 | $56.69 |
| 17 | Maine | $119,609 | $57.50 |
| 18 | Idaho | $120,209 | $57.79 |
| 19 | Virginia | $115,260 | $55.41 |
| 20 | Pennsylvania | $109,027 | $52.42 |
| 21 | Florida | $113,044 | $54.35 |
| 22 | Vermont | $113,488 | $54.56 |
| 23 | Ohio | $107,414 | $51.64 |
| 24 | South Dakota | $112,957 | $54.31 |
| 25 | Arizona | $101,399 | $48.75 |
| 26 | North Dakota | $112,348 | $54.01 |
| 27 | New Mexico | $111,032 | $53.38 |
| 28 | Maryland | $115,403 | $55.48 |
| 29 | Georgia | $101,595 | $48.84 |
| 30 | Michigan | $105,296 | $50.62 |
| 31 | West Virginia | $104,924 | $50.44 |
| 32 | Wisconsin | $102,486 | $49.27 |
| 33 | Kentucky | $101,422 | $48.76 |
| 34 | North Carolina | $95,482 | $45.90 |
| 35 | Texas | $96,002 | $46.15 |
| 36 | Missouri | $100,179 | $48.16 |
| 37 | Minnesota | $99,476 | $47.83 |
| 38 | Indiana | $95,587 | $45.96 |
| 39 | Hawaii | $93,564 | $44.98 |
| 40 | Tennessee | $92,690 | $44.56 |
| 41 | Louisiana | $97,179 | $46.72 |
| 42 | Mississippi | $95,213 | $45.78 |
| 43 | South Carolina | $93,332 | $44.87 |
| 44 | Colorado | $89,980 | $43.26 |
| 45 | Iowa | $89,922 | $43.23 |
| 46 | Oklahoma | $92,567 | $44.50 |
| 47 | Wyoming | $91,953 | $44.21 |
| 48 | Arkansas | $86,770 | $41.72 |
| 49 | Alabama | $87,286 | $41.96 |
| 50 | Kansas | $89,218 | $42.89 |
| 51 | Nebraska | $85,888 | $41.29 |
Highest paying cities for fixed income portfolio managers
The highest-paying cities for fixed income portfolio managers are San Francisco, CA, Spokane, WA, and Boston, MA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | San Francisco, CA | $141,013 | $67.79 |
| 2 | Spokane, WA | $129,906 | $62.45 |
| 3 | Boston, MA | $127,207 | $61.16 |
| 4 | New York, NY | $122,619 | $58.95 |
| 5 | Washington, DC | $119,881 | $57.64 |
| 6 | Grand Rapids, MI | $105,591 | $50.76 |
| 7 | Atlanta, GA | $102,362 | $49.21 |
Fixed income portfolio manager salary details
A fixed income portfolio manager's salary ranges from $59,000 a year at the 10th percentile to $210,000 at the 90th percentile.
What is a fixed income portfolio manager's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $210,000 | $17,500 | $101 |
| 75th Percentile | $156,000 | $13,000 | $75 |
| Average | $111,730 | $9,311 | $54 |
| 25th Percentile | $79,000 | $6,583 | $38 |
| 10th Percentile | $59,000 | $4,917 | $28 |
Highest paying fixed income portfolio manager jobs
The highest paying types of fixed income portfolio managers are senior finance manager, audit manager, and risk manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Manager Finance Planning And Analysis | $106,888 | $8,907 | $51.39 | 111,706 |
| Cash Manager | $93,363 | $7,780 | $44.89 | 60,517 |
| Accountant And Office Manager | $51,217 | $4,268 | $24.62 | 107,701 |
| Accounts Receivable Manager | $69,403 | $5,784 | $33.37 | 53,859 |
| Risk Manager | $116,072 | $9,673 | $55.80 | 75,795 |
| Bank Manager | $96,909 | $8,076 | $46.59 | 66,136 |
Top companies hiring fixed income portfolio managers now:
Which companies pay fixed income portfolio managers the most?
Fixed income portfolio manager salaries at MUFG EMEA and Meag are the highest-paying according to our most recent salary estimates. In addition, the average fixed income portfolio manager salary at companies like Goldman Sachs and ICM Asset Management are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | MUFG EMEA | $187,449 | $90.12 |
| 2 | Meag | $180,575 | $86.81 |
| 3 | Goldman Sachs | $161,932 | $77.85 |
| 4 | ICM Asset Management | $129,608 | $62.31 |
| 5 | Voya Financial | $116,638 | $56.08 |
| 6 | Shore Group Associates | $114,125 | $54.87 |
| 7 | Caxton | $112,764 | $54.21 |
| 8 | Wellington Management | $112,761 | $54.21 |
| 9 | *n/a* | $111,887 | $53.79 |
| 10 | National Life Group | $103,821 | $49.91 |
| 11 | Fifth Third Bank | $98,526 | $47.37 |
| 12 | Citizens Alliance | $89,784 | $43.17 |
| 13 | Citizens Financial Group | $73,776 | $35.47 |
| 14 | Citizens Bank of Amsterdam | $66,315 | $31.88 |
Wage gap by gender, race and education
Fixed income portfolio manager salary trends
The average fixed income portfolio manager salary has risen by $22,500 over the last ten years. In 2014, the average fixed income portfolio manager earned $89,230 annually, but today, they earn $111,730 a year. That works out to a 10% change in pay for fixed income portfolio managers over the last decade.
Compare fixed income portfolio manager salaries for cities or states with the national average over time.
Average fixed income portfolio manager salary over time
Compare fixed income portfolio manager salaries for individual cities or states with the national average.
Fixed income portfolio manager salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $112,000 | $53.72 | +3.2% |
| 2024 | $108,000 | $52.00 | +1.5% |
| 2023 | $107,000 | $51.24 | +2.3% |
| 2022 | $104,000 | $50.07 | +2.7% |
| 2021 | $101,000 | $48.74 | +3.1% |
Recently added fixed income portfolio manager salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Federal Home Loan Bank of Des Moines | Fixed Income Derivative Portfolio Manager | Des Moines, IA | 06/29/2025 | $119,243 |
| Goldman Sachs | Asset & Wealth Management, Fixed Income, Municipal Fixed Income JR Portfolio Manager, Analyst, New Y | New York, NY | 06/27/2025 | $100,000 |
| UBS | Portfolio Manager-Fixed Income | New York, NY | 06/25/2025 | $135,000 |
| Swiss Re | Junior Fixed Income Portfolio Manager | New York, NY | 06/21/2025 | $96,000 |
| New York Life Insurance | Portfolio Manager Fixed Income Investment Grade Credit | Fine, NY | 06/01/2025 | $150,000 |
| New York Life | Fixed Income Investment Grade Corporate Portfolio Manager | New York, NY | 05/29/2025 | $150,000 |
| California Bank & Trust | Fixed Income Portfolio Manager | Salt Lake City, UT | 05/29/2025 | $160,000 |
| California Bank & Trust | Fixed Income Portfolio Manager | Irvine, CA | 05/29/2025 | $160,000 |
| California Bank & Trust | Fixed Income Portfolio Manager | California, MD | 05/29/2025 | $160,000 |
| California Bank & Trust | Fixed Income Portfolio Manager | Charlotte, NC | 05/29/2025 | $160,000 |
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