Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The role of a Fixed Income Manager involves overseeing portfolios that primarily invest in bonds and other fixed-income securities. As of October 2025, the average salary for this position is $118,511 per year, translating to about $57 per hour. Salaries can significantly vary based on factors such as experience, geographic location, and the specific employer.
For instance, entry-level professionals may start at a lower salary, while those with several years of experience can command much higher compensation. Understanding these dynamics is crucial for anyone considering a career in this sector.
Moreover, the states offering the highest salaries for Fixed Income Managers include California, New York, and Texas. Cities like San Francisco and New York City stand out for their competitive pay. By leveraging this knowledge, job seekers can strategically target their applications to locations that offer better compensation.
Various companies actively seek skilled Fixed Income Managers, creating a vibrant job market. Utilizing platforms like Zippia can help you navigate these opportunities effectively. Stay informed, assess your qualifications, and take the next step in your financial career.
Let Zippi find your next fixed income manager job
Let Zippi find your next fixed income manager job
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level fixed income manager | $81,500 | $39.17 |
| Mid-level fixed income manager | $126,000 | $60.63 |
| Senior-level fixed income manager | $194,000 | $93.19 |
The highest-paying states for fixed income managers are Alaska, California, and New Hampshire. The lowest average fixed income manager salary states are Missouri, Kansas, and Hawaii.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Arizona | $125,871 | $60.51 |
| 2 | California | $137,818 | $66.26 |
| 3 | Montana | $130,717 | $62.84 |
| 4 | Washington | $124,520 | $59.87 |
| 5 | Nevada | $125,986 | $60.57 |
| 6 | Alaska | $191,130 | $91.89 |
| 7 | New York | $125,176 | $60.18 |
| 8 | Utah | $121,555 | $58.44 |
| 9 | New Hampshire | $131,523 | $63.23 |
| 10 | Massachusetts | $123,060 | $59.16 |
| 11 | Oregon | $126,740 | $60.93 |
| 12 | New Jersey | $123,452 | $59.35 |
| 13 | Delaware | $120,237 | $57.81 |
| 14 | District of Columbia | $120,668 | $58.01 |
| 15 | Virginia | $117,612 | $56.54 |
| 16 | Idaho | $123,847 | $59.54 |
| 17 | Rhode Island | $118,274 | $56.86 |
| 18 | Pennsylvania | $112,411 | $54.04 |
| 19 | Maryland | $118,352 | $56.90 |
| 20 | Ohio | $110,120 | $52.94 |
| 21 | Florida | $112,837 | $54.25 |
| 22 | South Dakota | $116,753 | $56.13 |
| 23 | Connecticut | $111,086 | $53.41 |
| 24 | North Dakota | $115,537 | $55.55 |
| 25 | Maine | $116,838 | $56.17 |
| 26 | New Mexico | $114,802 | $55.19 |
| 27 | Vermont | $111,637 | $53.67 |
| 28 | Michigan | $108,920 | $52.37 |
| 29 | North Carolina | $99,905 | $48.03 |
| 30 | Wisconsin | $106,138 | $51.03 |
| 31 | Minnesota | $103,275 | $49.65 |
| 32 | West Virginia | $107,095 | $51.49 |
| 33 | Illinois | $99,008 | $47.60 |
| 34 | Texas | $100,434 | $48.29 |
| 35 | Kentucky | $101,980 | $49.03 |
| 36 | Indiana | $97,285 | $46.77 |
| 37 | Colorado | $99,776 | $47.97 |
| 38 | Georgia | $93,154 | $44.79 |
| 39 | Iowa | $93,106 | $44.76 |
| 40 | Tennessee | $93,034 | $44.73 |
| 41 | Louisiana | $97,732 | $46.99 |
| 42 | Hawaii | $91,264 | $43.88 |
| 43 | Missouri | $92,141 | $44.30 |
| 44 | Wyoming | $95,157 | $45.75 |
| 45 | Mississippi | $94,350 | $45.36 |
| 46 | South Carolina | $92,575 | $44.51 |
| 47 | Oklahoma | $93,028 | $44.73 |
| 48 | Kansas | $91,464 | $43.97 |
| 49 | Arkansas | $87,138 | $41.89 |
| 50 | Alabama | $86,644 | $41.66 |
| 51 | Nebraska | $88,814 | $42.70 |
The highest-paying cities for fixed income managers are San Francisco, CA, Seattle, WA, and New York, NY.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | San Francisco, CA | $161,447 | $77.62 |
| 2 | Seattle, WA | $135,983 | $65.38 |
| 3 | New York, NY | $128,808 | $61.93 |
| 4 | Jersey City, NJ | $126,489 | $60.81 |
| 5 | Boston, MA | $126,446 | $60.79 |
| 6 | Reston, VA | $123,468 | $59.36 |
| 7 | Newark, DE | $123,009 | $59.14 |
| 8 | Baltimore, MD | $121,525 | $58.43 |
| 9 | Boca Raton, FL | $117,355 | $56.42 |
| 10 | Cleveland, OH | $115,267 | $55.42 |
| 11 | Greenwich, CT | $113,052 | $54.35 |
| 12 | Detroit, MI | $111,011 | $53.37 |
| 13 | Minneapolis, MN | $105,384 | $50.67 |
| 14 | Dallas, TX | $103,581 | $49.80 |
| 15 | Denver, CO | $101,789 | $48.94 |
| 16 | Chicago, IL | $100,837 | $48.48 |
| 17 | Central, LA | $100,388 | $48.26 |
| 18 | Charlotte, NC | $99,369 | $47.77 |
| 19 | Indianapolis, IN | $97,482 | $46.87 |
| 20 | Atlanta, GA | $94,342 | $45.36 |
A fixed income manager's salary ranges from $59,000 a year at the 10th percentile to $237,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $237,000 | $19,750 | $114 |
| 75th Percentile | $170,000 | $14,167 | $82 |
| Average | $118,511 | $9,876 | $57 |
| 25th Percentile | $82,000 | $6,833 | $39 |
| 10th Percentile | $59,000 | $4,917 | $28 |
The highest paying types of fixed income managers are senior finance manager, audit manager, and investments manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Manager/Finance Accounting | $91,315 | $7,610 | $43.90 | 132,824 |
| Cash Manager | $93,363 | $7,780 | $44.89 | 60,517 |
| Business Manager-Finance Manager | $106,036 | $8,836 | $50.98 | 180,161 |
| Collections Manager | $59,529 | $4,961 | $28.62 | 44,553 |
| Accounting Manager | $84,451 | $7,038 | $40.60 | 92,089 |
| Audit Manager | $121,419 | $10,118 | $58.37 | 70,168 |
Top companies hiring fixed income managers now:
Fixed income manager salaries at Bloomberg and CFA Institute are the highest-paying according to our most recent salary estimates. In addition, the average fixed income manager salary at companies like J.P. Morgan and UBS are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Bloomberg | $175,223 | $84.24 |
| 2 | CFA Institute | $173,117 | $83.23 |
| 3 | J.P. Morgan | $169,345 | $81.42 |
| 4 | UBS | $162,600 | $78.17 |
| 5 | Goldman Sachs | $158,676 | $76.29 |
| 6 | Tradeweb | $151,907 | $73.03 |
| 7 | FHLBank Chicago | $151,370 | $72.77 |
| 8 | Barclays | $149,058 | $71.66 |
| 9 | State Street | $147,272 | $70.80 |
| 10 | Jefferies | $147,153 | $70.75 |
| 11 | Novartis | $145,282 | $69.85 |
| 12 | MPG | $143,780 | $69.13 |
| 13 | Morgan Stanley | $143,556 | $69.02 |
| 14 | Lord Abbett | $141,521 | $68.04 |
| 15 | Mesirow | $137,146 | $65.94 |
| 16 | DRW | $136,216 | $65.49 |
| 17 | BlackRock | $135,632 | $65.21 |
| 18 | Microsoft | $134,301 | $64.57 |
| 19 | StoneX Group | $129,351 | $62.19 |
| 20 | HSBC Bank | $128,148 | $61.61 |
The average fixed income manager salary has risen by $23,865 over the last ten years. In 2014, the average fixed income manager earned $94,646 annually, but today, they earn $118,511 a year. That works out to a 10% change in pay for fixed income managers over the last decade.
Compare fixed income manager salaries for cities or states with the national average over time.
Compare fixed income manager salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $119,000 | $56.98 | +3.2% |
| 2024 | $115,000 | $55.15 | +1.5% |
| 2023 | $113,000 | $54.35 | +2.3% |
| 2022 | $110,000 | $53.11 | +2.7% |
| 2021 | $108,000 | $51.70 | +3.1% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Tullett Prebon | Head of Fixed Income Compliance | New York, NY | 06/09/2025 | $250,000 |
| London Stock Exchange Group | Manager, Fixed Income Quant Researcher | New York, NY | 06/09/2025 | $147,700 |
| Phaxis | Fixed Income Trade Support | New York, NY | 06/03/2025 | $81,393 |
| Massachusetts Mutual Life Insurance Company | Head of Fixed & Income Annuity Pricing | Springfield, MA | 05/27/2025 | $180,700 |
| Capital Group International Inc. | Fixed Income Investment Product Manager | Los Angeles, CA | 05/27/2025 | $183,613 |
| London Stock Exchange Group | Manager, Fixed Income Quant Researcher | New York, NY | 05/25/2025 | $147,700 |
| 0000050176 RBC Capital Markets | Fixed Income Trade Support Manager | Minneapolis, MN | 05/22/2025 | $50,000 |
| Royal Bank of Canada | Fixed Income Trade Support Manager | Minneapolis, MN | 05/21/2025 | $50,000 |
| KPMG | Manager, Salt-Income Franchise (Asset Management) | Seattle, WA | 05/14/2025 | $88,700 |
| KPMG | Manager, Salt-Income Franchise (Asset Management) | San Jose, CA | 05/14/2025 | $88,700 |
Search for fixed income manager jobs