A managing partner is an active member of a business partnership. They are the ones who take care of day to day activities that make the business run without holdups so the rest of the partners can keep their eyes on the big picture, coming up with business goals and strategies.

Filling a similar role in a company as a CEO, a managing partner oversees daily operations and reports to a committee of partners, or a board of directors in a corporation. Managing partners operate in smaller businesses, though, that is why they have two roles at the same time as partner and general manager.

Salaries of managing partners depend on the shares they receive from the profit their company makes. On top of that, they usually also receive a guaranteed payment for their managerial services.

What Does a Managing Partner Do

There are certain skills that many managing partners have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed leadership skills, management skills and problem-solving skills.

Learn more about what a Managing Partner does

How To Become a Managing Partner

If you're interested in becoming a managing partner, one of the first things to consider is how much education you need. We've determined that 66.8% of managing partners have a bachelor's degree. In terms of higher education levels, we found that 13.2% of managing partners have master's degrees. Even though most managing partners have a college degree, it's possible to become one with only a high school degree or GED.

Learn More About How To Become a Managing Partner

Managing Partner Career Paths

Average Salary for a Managing Partner

Managing Partners in America make an average salary of $147,401 per year or $71 per hour. The top 10 percent makes over $259,000 per year, while the bottom 10 percent under $83,000 per year.
Average Managing Partner Salary
$147,401 Yearly
$70.87 hourly

What Am I Worth?


Roles and Types of Managing Partner

The role of a managing partner includes a wide range of responsibilities. These responsibilities can vary based on an individual's specific job, company, or industry.Here are some general managing partner responsibilities:

  • Serve as internal consultant with our leadership teams across the organization to understand their priorities / challenges,
  • The managing partner will: with oversight from founding partners
  • Managing the entire solution life cycle from strategic planning to tactical agile execution. Specifying market requirements for current

There are several types of managing partner, including:



Responsible for overseeing the entire operation, the manager has a lot of responsibility on his/her or her shoulders. When we say the entire operation, we mean planning, directing, and leading the organization.

Managers should expect to work a little more than a normal 40-hour week. Since they're in charge, they're expected to be available. That's why managers end up typically working 50 hours a week, sometimes you may get away with only working 45 hours, though.

The education requirements for managers vary depending on who you work for. You might be required to have a bachelor's degree, but you might also get away with an associate degree. Now, there are some management positions that require a master's degree but, again, it really all depends on where you take your management career.

  • Average Salary: $58,651
  • Degree: Bachelor's Degree



The role of a partner varies from organization to organization. What a business partnership entails is defined by the industry the companies are active in, their size, and revenue strategies. A partner has various responsibilities from generating sales to discovering further partnership opportunities and cultivating the existing ones.

There is no one path that leads to becoming a partner manager. It goes without saying that this is not an entry-level position, unless perhaps you are born into a business dynasty. In which case, you would not be browsing job search engines anyway.

So for the rest of us, there is a lot of groundwork and networking that goes into acquiring this position. Needless to say, if you do make it there, it is a lucrative career, with a yearly income averaging anywhere from $68,000 to $133,000.

  • Average Salary: $76,119
  • Degree: Bachelor's Degree

Plant Manager


The plant manager is responsible for overseeing the productivity of the employees. You are expected to ensure that the plant runs efficiently and safely while maintaining optimal operation by assigning workers, developing production schedules, creating work schedules, and also hiring and training new staff. You are allowed to watch and organize the daily operations of manufacturing plants. Keep in mind; you will not only be involved with manufacturing plants but also organizational plans. You will also be in charge of overseeing the entire location, collecting and analyzing new data, ensuring the safety of both the plants and the workers, and also monitoring the production equipment to ensure it remains in good shape.

Being a plant manager requires you to defend quality control each time manufactured items leave the plants. You must also maintain relationships with other sections and departments to ensure a smooth-running organization. As a plant manager, some skills necessary for the role include optimal interpersonal relationships and excellent leadership skills. You also need problem-solving skills and outstanding time management skills. The average salary of a plant manager yearly is $99,000. A bachelor's degree in business management or other related field is needed to be a plant manager.

  • Average Salary: $113,843
  • Degree: Bachelor's Degree

States With The Most Managing Partner Jobs

Mouse over a state to see the number of active managing partner jobs in each state. The darker areas on the map show where managing partners earn the highest salaries across all 50 states.

Average Salary: Job Openings:

Number Of Managing Partner Jobs By State

RankStateNumber of JobsAverage Salary
2New York5,916$166,970
9North Carolina1,893$142,593
14New Jersey1,377$151,994
18West Virginia770$106,416
19South Carolina753$124,291
39Rhode Island174$132,073
40New Hampshire173$111,255
44New Mexico137$118,131
47South Dakota62$138,896
48North Dakota60$118,561

Managing Partner Education

Managing Partner Majors

31.5 %
7.1 %
6.8 %

Managing Partner Degrees


66.8 %


13.2 %


9.3 %

Top Colleges for Managing Partners

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition




2. Northwestern University

Evanston, IL • Private

In-State Tuition




3. University of Southern California

Los Angeles, CA • Private

In-State Tuition




4. New York University

New York, NY • Private

In-State Tuition




5. Pennsylvania State University

University Park, PA • Private

In-State Tuition




6. University of Texas at Austin

Austin, TX • Private

In-State Tuition




7. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition




8. Northeastern University

Boston, MA • Private

In-State Tuition




9. Bentley University

Waltham, MA • Private

In-State Tuition




10. Lehigh University

Bethlehem, PA • Private

In-State Tuition




Top Skills For a Managing Partner

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 20.3% of managing partners listed food handling on their resume, but soft skills such as leadership skills and management skills are important as well.

  • Food Handling, 20.3%
  • Cleanliness, 18.3%
  • Customer Service, 8.6%
  • Financial Statements, 5.3%
  • Regulatory Compliance, 3.6%
  • Other Skills, 43.9%

Choose From 10+ Customizable Managing Partner Resume templates

Zippia allows you to choose from different easy-to-use Managing Partner templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Managing Partner resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Managing Partner diversity

Managing Partner Gender Distribution


After extensive research and analysis, Zippia's data science team found that:

  • Among managing partners, 21.0% of them are women, while 79.0% are men.

  • The most common race/ethnicity among managing partners is White, which makes up 67.1% of all managing partners.

  • The most common foreign language among managing partners is Spanish at 45.7%.

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Best States For a Managing Partner

Some places are better than others when it comes to starting a career as a managing partner. The best states for people in this position are New York, California, New Jersey, and Delaware. Managing partners make the most in New York with an average salary of $166,970. Whereas in California and New Jersey, they would average $153,167 and $151,994, respectively. While managing partners would only make an average of $148,641 in Delaware, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New York

Total Managing Partner Jobs: 5,916
Highest 10% Earn:
Location Quotient:

2. Delaware

Total Managing Partner Jobs: 386
Highest 10% Earn:
Location Quotient:

3. North Carolina

Total Managing Partner Jobs: 1,893
Highest 10% Earn:
Location Quotient:
Full List Of Best States For Managing Partners

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Top Managing Partner Employers

Most Common Employers For Managing Partner

RankCompanyAverage SalaryHourly RateJob Openings
1Romano's Macaroni Grill$190,180$91.4315
2Bonefish Grill$184,195$88.5656
3Biaggi's Ristorante Italiano$180,187$86.6317
5Darden Restaurants$148,201$71.25117
6Buca di Beppo$147,760$71.0415
7Texas Roadhouse$143,221$68.8688
8The Capital Grille$131,625$63.2814
10Chili's Grill & Bar$122,989$59.13102

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