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As of October 2025, the average salary of a Portfolio Accountant is approximately $69,877 per year, translating to around $34 per hour. Factors impacting this figure include experience level, with entry-level positions starting at a lower range and experienced accountants earning significantly more. For instance, professionals with over five years of experience typically report higher salaries.
Geographical location plays a crucial role in salary variations. States with a high cost of living or strong financial sectors, such as New York and California, offer some of the highest salaries for portfolio accountants. In contrast, states with lower living costs may present lower salary averages, though the demand for financial expertise remains strong nationwide.
To maximize earning potential, job seekers should consider roles in diverse industries, including finance, real estate, and investment firms. A thorough search on platforms like Zippia can help candidates find positions that align with their experience and career goals.
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| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level portfolio accountant | $46,200 | $22.20 |
| Mid-level portfolio accountant | $66,500 | $31.98 |
| Senior-level portfolio accountant | $113,000 | $54.09 |
The average portfolio accountant salary in New York, Connecticut, and Rhode Island are the highest in the U.S. The lowest average portfolio accountant salary states are South Dakota, Utah, and Wyoming.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | District of Columbia | $97,615 | $46.93 |
| 2 | Connecticut | $89,367 | $42.96 |
| 3 | New York | $94,267 | $45.32 |
| 4 | Rhode Island | $84,417 | $40.59 |
| 5 | California | $80,421 | $38.66 |
| 6 | Maryland | $77,987 | $37.49 |
| 7 | Delaware | $76,327 | $36.70 |
| 8 | Virginia | $76,834 | $36.94 |
| 9 | New Hampshire | $77,586 | $37.30 |
| 10 | New Jersey | $82,369 | $39.60 |
| 11 | North Carolina | $74,184 | $35.67 |
| 12 | Michigan | $69,146 | $33.24 |
| 13 | Texas | $68,149 | $32.76 |
| 14 | Illinois | $66,982 | $32.20 |
| 15 | Georgia | $66,393 | $31.92 |
| 16 | Ohio | $65,781 | $31.63 |
| 17 | Oregon | $68,740 | $33.05 |
| 18 | Wisconsin | $65,000 | $31.25 |
| 19 | Massachusetts | $68,093 | $32.74 |
| 20 | Washington | $71,787 | $34.51 |
| 21 | Pennsylvania | $64,131 | $30.83 |
| 22 | Arizona | $64,483 | $31.00 |
| 23 | Colorado | $63,207 | $30.39 |
| 24 | Nevada | $62,217 | $29.91 |
| 25 | Florida | $63,508 | $30.53 |
| 26 | South Carolina | $65,552 | $31.52 |
| 27 | Louisiana | $63,026 | $30.30 |
| 28 | Minnesota | $60,923 | $29.29 |
| 29 | Oklahoma | $61,986 | $29.80 |
| 30 | Missouri | $60,619 | $29.14 |
| 31 | Tennessee | $59,223 | $28.47 |
| 32 | Indiana | $62,124 | $29.87 |
| 33 | Kentucky | $60,629 | $29.15 |
| 34 | Vermont | $62,860 | $30.22 |
| 35 | Iowa | $57,644 | $27.71 |
| 36 | Alabama | $58,776 | $28.26 |
| 37 | Kansas | $60,841 | $29.25 |
| 38 | Alaska | $61,267 | $29.46 |
| 39 | West Virginia | $57,994 | $27.88 |
| 40 | Hawaii | $50,749 | $24.40 |
| 41 | Arkansas | $57,704 | $27.74 |
| 42 | Idaho | $58,618 | $28.18 |
| 43 | Maine | $59,236 | $28.48 |
| 44 | Montana | $48,187 | $23.17 |
| 45 | New Mexico | $58,002 | $27.89 |
| 46 | Utah | $52,058 | $25.03 |
| 47 | Nebraska | $54,823 | $26.36 |
| 48 | Mississippi | $52,943 | $25.45 |
| 49 | Wyoming | $50,913 | $24.48 |
| 50 | South Dakota | $52,522 | $25.25 |
| 51 | North Dakota | $50,575 | $24.31 |
The highest-paying cities for portfolio accountants are New York, NY, Greenwich, CT, and Menlo Park, CA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $94,594 | $45.48 |
| 2 | Greenwich, CT | $89,674 | $43.11 |
| 3 | Menlo Park, CA | $86,177 | $41.43 |
| 4 | Bethesda, MD | $77,770 | $37.39 |
| 5 | Charlotte, NC | $72,545 | $34.88 |
| 6 | Seattle, WA | $72,425 | $34.82 |
| 7 | Newton, MA | $68,010 | $32.70 |
| 8 | Chicago, IL | $67,377 | $32.39 |
| 9 | Dallas, TX | $67,057 | $32.24 |
| 10 | Atlanta, GA | $66,051 | $31.76 |
| 11 | Philadelphia, PA | $64,521 | $31.02 |
| 12 | Tampa, FL | $64,254 | $30.89 |
| 13 | Denver, CO | $63,233 | $30.40 |
| 14 | Juneau, AK | $61,619 | $29.62 |
| 15 | Kansas City, MO | $59,854 | $28.78 |
A portfolio accountant's salary ranges from $47,000 a year at the 10th percentile to $102,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $102,000 | $8,500 | $49 |
| 75th Percentile | $85,000 | $7,083 | $41 |
| Average | $69,877 | $5,823 | $34 |
| 25th Percentile | $57,000 | $4,750 | $27 |
| 10th Percentile | $47,000 | $3,917 | $23 |
The highest paying types of portfolio accountants are senior tax accountant, certified public accountant, and senior accountant analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Finance Analyst/Accountant | $62,975 | $5,248 | $30.28 | 118,043 |
| Accountant/Consultant | $64,298 | $5,358 | $30.91 | 38,916 |
| Accountant Internship | $33,484 | $2,790 | $16.10 | 82,924 |
| Fixed Asset Accountant | $59,691 | $4,974 | $28.70 | 42,860 |
| General Ledger Accountant | $60,034 | $5,003 | $28.86 | 81,408 |
| Fund Accountant | $60,203 | $5,017 | $28.94 | 35,702 |
How would you rate the starting salaries for portfolio accountants, as well as the prospects for salary advancement?
Alyson Ma Ph.D.
Chair and Professor, University of San Diego
Top companies hiring portfolio accountants now:
Portfolio accountant salaries at AQR Capital Management and UBS are the highest-paying according to our most recent salary estimates. In addition, the average portfolio accountant salary at companies like MUFG EMEA and State Street are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | AQR Capital Management | $106,189 | $51.05 |
| 2 | UBS | $102,899 | $49.47 |
| 3 | MUFG EMEA | $100,692 | $48.41 |
| 4 | State Street | $93,925 | $45.16 |
| 5 | Conning | $90,271 | $43.40 |
| 6 | Morgan Stanley | $89,311 | $42.94 |
| 7 | Clarion Partners | $88,713 | $42.65 |
| 8 | Starwood Capital Group | $87,743 | $42.18 |
| 9 | BlackRock | $83,930 | $40.35 |
| 10 | Canyon Partners | $83,039 | $39.92 |
| 11 | EisnerAmper | $76,158 | $36.61 |
| 12 | Psg | $72,709 | $34.96 |
| 13 | Hr International | $71,701 | $34.47 |
| 14 | Delta Solutions & Strategies | $70,306 | $33.80 |
| 15 | Kforce | $70,170 | $33.74 |
| 16 | Addison Group | $69,915 | $33.61 |
| 17 | The RMR Group | $69,637 | $33.48 |
| 18 | Unifi Manufacturing | $68,624 | $32.99 |
| 19 | Life Storage | $68,386 | $32.88 |
| 20 | Randstad North America, Inc. | $67,521 | $32.46 |
The average portfolio accountant salary has risen by $10,174 over the last ten years. In 2014, the average portfolio accountant earned $59,703 annually, but today, they earn $69,877 a year. That works out to a 8% change in pay for portfolio accountants over the last decade.
Compare portfolio accountant salaries for cities or states with the national average over time.
Compare portfolio accountant salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $69,900 | $33.59 | +2.7% |
| 2024 | $68,000 | $32.68 | +1.5% |
| 2023 | $67,000 | $32.20 | +1.6% |
| 2022 | $65,900 | $31.67 | +1.7% |
| 2021 | $64,700 | $31.12 | +1.4% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Waterton Residential | Portfolio Accountant | Chicago, IL | 06/11/2025 | $75,000 |
| KKR & Co. Inc. | Senior Portfolio Accountant, Valuations | Boston, MA | 06/10/2025 | $115,000 |
| Robert Half | SR. Portfolio Accountant | Chicago, IL | 05/08/2025 | $105,000 |
| Robert Half | SR. Portfolio Accountant | Chicago, IL | 04/24/2025 | $105,000 |
| Thrive Communities | Staff/Portfolio Accountant | Seattle, WA | 04/13/2025 | $70,000 |
| Anchor Health Properties | Portfolio Accountant | Nashville, TN | 04/12/2025 | $80,000 |
| EDF Renewables North America | Accountant-Portfolio Reporting [Hybrid] | San Diego, CA | 04/12/2025 | $70,000 |
| Realmanage | Community Portfolio Accountant (Vbfl) | Vero Beach, FL | 03/31/2025 | $50,000 |
| FIS | Portfolio Accountant II | Jay, FL | 03/30/2025 | $62,170 |
| Anchor Health Properties | Portfolio Accountant | Ione, WA | 03/21/2025 | $80,000 |
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