Money manager demographics and statistics in the US
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Money manager demographics by:
Money manager gender statistics
56.5% of money managers are women and 43.5% of money managers are men.
- Female, 56.5%
- Male, 43.5%
Money manager gender ratio
| Gender | Percentages |
|---|---|
| Female | 56.5% |
| Male | 43.5% |
Money manager gender pay gap
Women earn 90¢ for every $1 earned by men
Male income
$76,626
Female income
$69,117
Money manager gender ratio over time
This data breaks down the percentage of men and women in money manager positions over time. Currently, 56.5% of money managers are female.
Money manager gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 45.86% | 54.14% |
| 2011 | 45.86% | 54.14% |
| 2012 | 47.23% | 52.77% |
| 2013 | 45.23% | 54.77% |
| 2014 | 45.94% | 54.06% |
| 2015 | 46.21% | 53.79% |
| 2016 | 46.00% | 54.00% |
| 2017 | 47.53% | 52.47% |
| 2018 | 44.84% | 55.16% |
| 2019 | 43.26% | 56.74% |
| 2020 | 43.86% | 56.14% |
| 2021 | 43.52% | 56.48% |
Money manager related jobs gender ratio
We compared money 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% |
| Money Manager | 44% | 56% |
| 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%
Money manager demographics by race
The most common ethnicity among money managers is White, which makes up 64.0% of all money managers. Comparatively, 14.2% of money managers are Hispanic or Latino and 10.0% of money managers are Asian.
- White, 64.0%
- Hispanic or Latino, 14.2%
- Asian, 10.0%
- Black or African American, 7.4%
- Unknown, 4.1%
- American Indian and Alaska Native, 0.3%
Money manager race
| Money manager race | Percentages |
|---|---|
| White | 64.0% |
| Hispanic or Latino | 14.2% |
| Asian | 10.0% |
| Black or African American | 7.4% |
| Unknown | 4.1% |
| American Indian and Alaska Native | 0.3% |
Money manager race and ethnicity over time
See how money manager racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Money manager race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 70.56% | 7.91% | 7.88% | 12.02% |
| 2011 | 70.17% | 8.02% | 8.07% | 11.86% |
| 2012 | 69.50% | 8.14% | 8.40% | 12.08% |
| 2013 | 68.30% | 8.19% | 9.12% | 12.40% |
| 2014 | 68.40% | 7.82% | 8.85% | 13.23% |
| 2015 | 68.26% | 7.89% | 8.93% | 13.01% |
| 2016 | 68.19% | 7.62% | 9.27% | 12.94% |
| 2017 | 67.46% | 7.65% | 9.40% | 13.33% |
| 2018 | 67.72% | 7.22% | 9.53% | 13.54% |
| 2019 | 67.91% | 7.07% | 9.55% | 13.56% |
| 2020 | 65.83% | 6.93% | 9.70% | 13.71% |
| 2021 | 63.99% | 7.43% | 9.98% | 14.17% |
Money manager wage gap by race
According to our data, asian money managers have the highest average salary compared to other ethnicities. Black or african american money managers have the lowest average salary at $71,879.
| Ethnicity | Salary |
|---|---|
| Unknown | $77,451 |
| White | $77,406 |
| Black or African American | $71,879 |
| Asian | $81,655 |
| Hispanic or Latino | $75,076 |
Average money manager age
See how the average age of money managers varies based on ethnicity and gender.
Male
Female
Money 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 |
Money manager age breakdown
The average age of money managers is 40+ years years old, representing 68% of the money manager population.
Money manager age breakdown
| Money Manager Years | Percentages |
|---|---|
| 40+ years | 68% |
| 30-40 years | 26% |
| 20-30 years | 6% |
Money manager educational attainment
The most common degree for money managers is bachelor's degree, with 59% of money managers earning that degree. The second and third most common degree levels are associate degree degree at 14% and associate degree degree at 12%.
- Bachelor's, 59%
- Associate, 14%
- High School Diploma, 12%
- Master's, 9%
- Other Degrees, 6%
Money managers by degree level
| Money manager degree | Percentages |
|---|---|
| Bachelor's | 59% |
| Associate | 14% |
| High School Diploma | 12% |
| Master's | 9% |
| Other Degrees | 6% |
Money manager jobs you might like
Money manager wage gap by degree level
According to the data, money managers with a Doctorate degree earn more than those without, at $100,980 annually. With a Master's degree, money managers earn a median annual income of $95,427 compared to $81,778 for money managers with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $95,427 |
| High School Diploma or Less | $64,022 |
| Bachelor's Degree | $81,778 |
| Doctorate Degree | $100,980 |
| Some College/ Associate Degree | $64,012 |
Money manager employment statistics
Most money managers work for a private in the finance industry.
Company size where money managers work
Below, you can see the size of companies where money managers work.
Money manager jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 5% |
| 50 - 100 employees | 11% |
| 100 - 500 employees | 23% |
| 500 - 1,000 employees | 10% |
| 1,000 - 10,000 employees | 24% |
| > 10,000 employees | 28% |
Money manager jobs by company type
Employees with the money manager job title have their preferences when it comes to working for a company. For instance, most money managers prefer to work at private companies over public companies.
Money manager jobs by sector
| Company type | Percentages |
|---|---|
| Education | 4% |
| Public | 34% |
| Private | 58% |
| Government | 4% |
Money manager jobs by industry
The most common industries for money managers are finance, hospitality and retail.
Money manager industry statistics
| Industry | Percentages |
|---|---|
| Finance | 23% |
| Fortune 500 | 14% |
| Hospitality | 11% |
| Professional | 7% |
| Retail | 7% |
| Non Profits | 6% |
| Media | 5% |
| Transportation | 4% |
| Government | 4% |
| Health Care | 4% |
| Education | 3% |
| Technology | 3% |
| Energy | 2% |
| Utilities | 2% |
| Manufacturing | 1% |
| Agriculture | 1% |
| Real Estate | 1% |
| Insurance | 1% |
Money manager turnover and employment statistics
Money manager unemployment rate over time
The unemployment rate for money managers between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Money manager unemployment rate by year
| Year | Money 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 money manager tenure
The average money manager stays at their job for 1-2 years, based on the 499 money managers resumes in Zippia's database.
Money manager tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 14% |
| 1-2 years | 38% |
| 3-4 years | 17% |
| 5-7 years | 15% |
| 8-10 years | 5% |
| 11+ years | 11% |
Money manager LGBT ratio compared to similar jobs
Review the percent of money 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 |
|---|---|---|
| Corporate Services Manager | 4.78% | 88,723 |
| Logistics Consultant | 5.19% | 36,300 |
| Money Manager | 10.51% | - |
| Data Operations Director | 11.01% | 133,372 |
| Contracts Director | 11.39% | 12,378 |
| Training Administrator | 17.60% | 77,966 |
| Director, Human Resources And Administration | 17.78% | 49,395 |
Similar money manager jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Corporate Services Manager | 4.78% | 88,723 |
| Logistics Consultant | 5.19% | 36,300 |
| Data Operations Director | 11.01% | 133,372 |
| Contracts Director | 11.39% | 12,378 |
| Training Administrator | 17.60% | 77,966 |
| Director, Human Resources And Administration | 17.78% | 49,395 |
Foreign languages spoken by money managers
The most common foreign language among money managers is Spanish at 56.3%. The second-most popular foreign language spoken is Portuguese at 12.5% and Nepali is the third-most popular at 6.3%.
- Spanish, 56.3%
- Portuguese, 12.5%
- Nepali, 6.3%
- Vietnamese, 6.3%
- Gothic, 6.3%
- Other, 12.3%
Money manager languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 56.3% |
| Portuguese | 12.5% |
| Nepali | 6.3% |
| Vietnamese | 6.3% |
| Gothic | 6.3% |
| Other | 12.3% |
