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Hedge fund manager salary
Average hedge fund manager salary
$135,399
Understanding the Hedge Fund Manager Salary Landscape
The salary for a Hedge Fund Manager averages $135,399 annually, but this can vary widely based on several factors. For instance, hedge fund managers in states like New York and California typically earn higher salaries due to the concentration of financial firms and higher living costs.
Experience also plays a critical role in determining salary. Entry-level positions may start at lower ranges, while seasoned managers can command significantly higher compensation. Additionally, hedge fund managers specializing in specific areas, such as quantitative finance or risk management, may find even greater opportunities for salary increases.
Top Industries and Job Roles
Roles in private equity and related financial services tend to offer the most competitive salaries. Understanding these dynamics can help candidates target their job searches effectively. With the right qualifications and networking, professionals can position themselves for lucrative roles in this high-stakes financial environment.
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Where can a Hedge Fund Manager earn more?
Hedge fund manager salary estimates from across the web
Average hedge fund manager salary by state
The average hedge fund manager salary in New York, Connecticut, and Rhode Island are the highest in the U.S. The lowest average hedge fund manager salary states are Louisiana, Utah, and Missouri.
- State view
- County view
Highest paying states for hedge fund managers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Connecticut | $149,671 | $71.96 |
| 2 | New York | $150,289 | $72.25 |
| 3 | Delaware | $148,048 | $71.18 |
| 4 | Massachusetts | $149,329 | $71.79 |
| 5 | Rhode Island | $149,618 | $71.93 |
| 6 | Pennsylvania | $136,706 | $65.72 |
| 7 | Vermont | $147,702 | $71.01 |
| 8 | New Hampshire | $148,815 | $71.55 |
| 9 | Michigan | $143,843 | $69.16 |
| 10 | Illinois | $136,589 | $65.67 |
| 11 | Wisconsin | $130,520 | $62.75 |
| 12 | Virginia | $131,883 | $63.41 |
| 13 | Nevada | $134,744 | $64.78 |
| 14 | Indiana | $123,433 | $59.34 |
| 15 | District of Columbia | $146,724 | $70.54 |
| 16 | Maine | $135,923 | $65.35 |
| 17 | Tennessee | $121,399 | $58.36 |
| 18 | New Jersey | $131,278 | $63.11 |
| 19 | Minnesota | $131,209 | $63.08 |
| 20 | Florida | $124,887 | $60.04 |
| 21 | North Carolina | $122,501 | $58.89 |
| 22 | New Mexico | $125,997 | $60.58 |
| 23 | Alaska | $124,427 | $59.82 |
| 24 | Ohio | $115,161 | $55.37 |
| 25 | Washington | $122,871 | $59.07 |
| 26 | Maryland | $119,700 | $57.55 |
| 27 | Texas | $122,422 | $58.86 |
| 28 | Oklahoma | $118,874 | $57.15 |
| 29 | Wyoming | $110,807 | $53.27 |
| 30 | North Dakota | $120,082 | $57.73 |
| 31 | Arkansas | $118,882 | $57.15 |
| 32 | Georgia | $122,352 | $58.82 |
| 33 | Arizona | $118,079 | $56.77 |
| 34 | Oregon | $121,698 | $58.51 |
| 35 | Iowa | $113,266 | $54.45 |
| 36 | Idaho | $116,932 | $56.22 |
| 37 | West Virginia | $114,095 | $54.85 |
| 38 | California | $106,878 | $51.38 |
| 39 | Kentucky | $104,942 | $50.45 |
| 40 | Alabama | $113,345 | $54.49 |
| 41 | Utah | $99,693 | $47.93 |
| 42 | Montana | $105,195 | $50.57 |
| 43 | South Carolina | $102,483 | $49.27 |
| 44 | South Dakota | $104,357 | $50.17 |
| 45 | Kansas | $105,589 | $50.76 |
| 46 | Mississippi | $99,060 | $47.63 |
| 47 | Colorado | $95,303 | $45.82 |
| 48 | Hawaii | $76,520 | $36.79 |
| 49 | Nebraska | $100,247 | $48.20 |
| 50 | Louisiana | $99,902 | $48.03 |
| 51 | Missouri | $99,273 | $47.73 |
Highest paying cities for hedge fund managers
The highest-paying cities for hedge fund managers are Rochester, NY, Boston, MA, and Windsor, CT.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Rochester, NY | $165,493 | $79.56 |
| 2 | Boston, MA | $164,383 | $79.03 |
| 3 | Windsor, CT | $163,202 | $78.46 |
| 4 | Wilmington, DE | $159,151 | $76.51 |
| 5 | Chicago, IL | $148,002 | $71.15 |
| 6 | Philadelphia, PA | $143,480 | $68.98 |
| 7 | Clifton, NJ | $136,813 | $65.78 |
| 8 | Jacksonville, FL | $135,613 | $65.20 |
| 9 | Bellevue, WA | $127,357 | $61.23 |
| 10 | Dallas, TX | $127,027 | $61.07 |
| 11 | Atlanta, GA | $126,212 | $60.68 |
| 12 | Scottsdale, AZ | $121,252 | $58.29 |
| 13 | Evansville, IN | $119,828 | $57.61 |
| 14 | Columbus, OH | $116,217 | $55.87 |
| 15 | Sacramento, CA | $112,473 | $54.07 |
| 16 | Saint Louis, MO | $102,012 | $49.04 |
| 17 | Denver, CO | $95,820 | $46.07 |
Hedge fund manager salary details
A hedge fund manager's salary ranges from $70,000 a year at the 10th percentile to $261,000 at the 90th percentile.
What is a hedge fund manager's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $261,000 | $21,750 | $125 |
| 75th Percentile | $191,000 | $15,917 | $92 |
| Average | $135,399 | $11,283 | $65 |
| 25th Percentile | $95,000 | $7,917 | $46 |
| 10th Percentile | $70,000 | $5,833 | $34 |
Highest paying hedge fund manager jobs
The highest paying types of hedge fund managers are investments manager, investment fund manager, and pension fund manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Fund Accountant | $60,203 | $5,017 | $28.94 | 35,702 |
| Investments Manager | $116,101 | $9,675 | $55.82 | 42,946 |
| Mutual Fund Manager | $68,537 | $5,711 | $32.95 | 4,926 |
Top companies hiring hedge fund managers now:
Which companies pay hedge fund managers the most?
Hedge fund manager salaries at Kforce and Robert Half are the highest-paying according to our most recent salary estimates. In addition, the average hedge fund manager salary at companies like Morgan Stanley and Sunrise Foods LLC are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Kforce | $162,990 | $78.36 |
| 2 | Robert Half | $148,650 | $71.47 |
| 3 | Morgan Stanley | $144,711 | $69.57 |
| 4 | Sunrise Foods LLC | $142,992 | $68.75 |
| 5 | Santander Private Banking International | $139,404 | $67.02 |
| 6 | Old Mutual | $135,576 | $65.18 |
| 7 | Santander Bank | $134,789 | $64.80 |
| 8 | SG Americas Securities Holdings, LLC | $134,040 | $64.44 |
| 9 | JPMorgan Chase & Co. | $131,396 | $63.17 |
| 10 | SS&C Technologies | $121,733 | $58.53 |
| 11 | Northern Trust | $119,486 | $57.45 |
| 12 | BMO Capital Markets | $115,555 | $55.56 |
| 13 | Bank of America | $114,336 | $54.97 |
| 14 | Advent Software | $111,901 | $53.80 |
| 15 | Banco Santander | $109,245 | $52.52 |
| 16 | Deloitte | $105,160 | $50.56 |
| 17 | Bunge | $94,992 | $45.67 |
| 18 | Citizens Financial Group | $90,040 | $43.29 |
Wage gap by gender, race and education
Hedge Fund Manager salary by industry
The average hedge fund manager salary varies across industries:
- The average hedge fund manager salary in the insurance industry is $129,751, the highest of any industry.
- The average hedge fund manager salary in the finance industry is $128,465.
- Hedge fund managers in the manufacturing industry earn an average salary of $99,875, the lowest of any industry.
Highest paying industries for hedge fund managers
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Insurance | $129,751 | $62.38 |
| 2 | Finance | $128,465 | $61.76 |
| 3 | Technology | $120,411 | $57.89 |
| 4 | Manufacturing | $99,875 | $48.02 |
High paying hedge fund manager jobs
Hedge fund manager salary trends
The average hedge fund manager salary has risen by $16,669 over the last ten years. In 2014, the average hedge fund manager earned $118,730 annually, but today, they earn $135,399 a year. That works out to a 8% change in pay for hedge fund managers over the last decade.
Compare hedge fund manager salaries for cities or states with the national average over time.
Average hedge fund manager salary over time
Compare hedge fund manager salaries for individual cities or states with the national average.
Hedge fund manager salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $135,000 | $65.10 | +4.1% |
| 2024 | $130,000 | $62.44 | +1.3% |
| 2023 | $128,000 | $61.64 | +1.7% |
| 2022 | $126,000 | $60.56 | +0.6% |
| 2021 | $125,000 | $60.20 | +0.1% |
Recently added hedge fund manager salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Canadian Imperial Bank of Commerce | Hedge Fund Portfolio Manager | Boston, MA | 06/27/2025 | $200,000 |
| The Traxion Group | Equity Product Control. Hedge Fund On Site NYC | Fine, NY | 06/21/2025 | $150,000 |
| Deloitte | Tax Senior-Hedge Funds | New York, NY | 06/18/2025 | $66,570 |
| Deloitte | Tax Senior-Hedge Funds | Stamford, CT | 06/18/2025 | $66,570 |
| Deloitte | Tax Senior-Hedge Funds | San Juan, PR | 06/18/2025 | $66,570 |
| Deloitte | Tax Senior-Hedge Funds | Tulsa, OK | 06/18/2025 | $66,570 |
| IQ-EQ | Manager-Middle Office Hedge Fund Operations | New York, NY | 06/15/2025 | $75,000 |
| Bank of America | Strategy Head-Hedge Fund Origination | Fine, NY | 06/05/2025 | $116,000 |
| Deloitte | Tax Senior-Hedge Funds | Detroit, MI | 05/21/2025 | $66,570 |
| Deloitte | Tax Senior-Hedge Funds | Denver, CO | 05/21/2025 | $66,570 |
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