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A Senior Portfolio Manager typically earns an average annual salary of $115,805, translating to approximately $56 per hour. This figure can vary significantly based on several factors including years of experience, industry, and geographic location. For instance, professionals in high-demand areas or with extensive experience may command higher salaries.
In states like New York and California, the salaries for Senior Portfolio Managers tend to be higher than the national average, reflecting the cost of living and demand for investment management expertise. Employers in finance, real estate, and technology sectors often offer competitive compensation packages to attract top talent.
As you gain experience, the potential for increased earnings and advancement into higher-level positions grows. Exploring various industries can also reveal lucrative opportunities, making it important to stay informed about market trends and salary benchmarks.
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The highest-paying states for senior portfolio managers are Connecticut, Alaska, and New York. The lowest average senior portfolio manager salary states are Georgia, Utah, and Kentucky.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Connecticut | $140,019 | $67.32 |
| 2 | New York | $138,991 | $66.82 |
| 3 | Massachusetts | $133,348 | $64.11 |
| 4 | California | $127,992 | $61.53 |
| 5 | Rhode Island | $118,194 | $56.82 |
| 6 | Michigan | $130,796 | $62.88 |
| 7 | Illinois | $115,581 | $55.57 |
| 8 | Delaware | $121,745 | $58.53 |
| 9 | Alaska | $139,600 | $67.12 |
| 10 | Pennsylvania | $115,458 | $55.51 |
| 11 | New Jersey | $117,957 | $56.71 |
| 12 | Maine | $124,127 | $59.68 |
| 13 | Vermont | $117,084 | $56.29 |
| 14 | Nevada | $110,455 | $53.10 |
| 15 | Missouri | $113,209 | $54.43 |
| 16 | Ohio | $109,752 | $52.77 |
| 17 | Louisiana | $113,698 | $54.66 |
| 18 | Virginia | $110,586 | $53.17 |
| 19 | Oregon | $111,694 | $53.70 |
| 20 | Hawaii | $113,367 | $54.50 |
| 21 | Wisconsin | $108,853 | $52.33 |
| 22 | Arizona | $104,741 | $50.36 |
| 23 | Montana | $109,775 | $52.78 |
| 24 | New Hampshire | $109,983 | $52.88 |
| 25 | Tennessee | $105,522 | $50.73 |
| 26 | West Virginia | $107,357 | $51.61 |
| 27 | Oklahoma | $108,007 | $51.93 |
| 28 | Texas | $103,494 | $49.76 |
| 29 | New Mexico | $109,551 | $52.67 |
| 30 | District of Columbia | $104,671 | $50.32 |
| 31 | Washington | $102,624 | $49.34 |
| 32 | South Dakota | $106,569 | $51.24 |
| 33 | Maryland | $104,061 | $50.03 |
| 34 | Minnesota | $102,407 | $49.23 |
| 35 | North Carolina | $97,047 | $46.66 |
| 36 | Idaho | $106,206 | $51.06 |
| 37 | North Dakota | $103,114 | $49.57 |
| 38 | Florida | $98,547 | $47.38 |
| 39 | Arkansas | $95,417 | $45.87 |
| 40 | Iowa | $93,471 | $44.94 |
| 41 | South Carolina | $97,304 | $46.78 |
| 42 | Mississippi | $98,949 | $47.57 |
| 43 | Utah | $90,053 | $43.29 |
| 44 | Georgia | $91,595 | $44.04 |
| 45 | Alabama | $94,138 | $45.26 |
| 46 | Indiana | $91,965 | $44.21 |
| 47 | Kansas | $92,656 | $44.55 |
| 48 | Kentucky | $89,899 | $43.22 |
| 49 | Colorado | $86,956 | $41.81 |
| 50 | Nebraska | $82,434 | $39.63 |
| 51 | Wyoming | $83,544 | $40.17 |
The highest-paying cities for senior portfolio managers are Albany, NY, Boston, MA, and San Francisco, CA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Albany, NY | $143,509 | $68.99 |
| 2 | Boston, MA | $136,645 | $65.69 |
| 3 | San Francisco, CA | $136,295 | $65.53 |
| 4 | Wilmington, DE | $123,492 | $59.37 |
| 5 | Chicago, IL | $117,786 | $56.63 |
| 6 | Philadelphia, PA | $117,026 | $56.26 |
| 7 | Saint Louis, MO | $116,615 | $56.06 |
| 8 | McLean, VA | $113,972 | $54.79 |
| 9 | Milwaukee, WI | $110,078 | $52.92 |
| 10 | Columbus, OH | $109,054 | $52.43 |
| 11 | Phoenix, AZ | $105,685 | $50.81 |
| 12 | Austin, TX | $105,433 | $50.69 |
| 13 | Washington, DC | $105,118 | $50.54 |
| 14 | Baltimore, MD | $104,743 | $50.36 |
| 15 | Seattle, WA | $104,423 | $50.20 |
| 16 | Saint Paul, MN | $102,982 | $49.51 |
| 17 | Jacksonville, FL | $101,093 | $48.60 |
| 18 | Raleigh, NC | $99,190 | $47.69 |
| 19 | Bentonville, AR | $93,356 | $44.88 |
| 20 | Birmingham, AL | $92,722 | $44.58 |
A senior portfolio manager's salary ranges from $67,000 a year at the 10th percentile to $199,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $199,000 | $16,583 | $96 |
| 75th Percentile | $154,000 | $12,833 | $74 |
| Average | $115,805 | $9,650 | $56 |
| 25th Percentile | $86,000 | $7,167 | $41 |
| 10th Percentile | $67,000 | $5,583 | $32 |
The highest paying types of senior portfolio managers are senior finance manager, banking center manager, and audit manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Cash Manager | $93,363 | $7,780 | $44.89 | 60,517 |
| Credit And Collection Manager | $71,775 | $5,981 | $34.51 | 38,683 |
| Tax Manager | $96,100 | $8,008 | $46.20 | 79,204 |
| Finance Manager | $101,374 | $8,448 | $48.74 | 125,345 |
| Branch Manager | $56,291 | $4,691 | $27.06 | 333,883 |
| Accounting Manager | $84,451 | $7,038 | $40.60 | 92,089 |
Top companies hiring senior portfolio managers now:
Senior portfolio manager salaries at Legal & General Investment Management America and Silicon Valley Bank are the highest-paying according to our most recent salary estimates. In addition, the average senior portfolio manager salary at companies like Vontobel and PayPal are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Legal & General Investment Management America | $195,674 | $94.07 |
| 2 | Silicon Valley Bank | $189,393 | $91.05 |
| 3 | Vontobel | $189,073 | $90.90 |
| 4 | PayPal | $179,174 | $86.14 |
| 5 | Jhpiego | $171,623 | $82.51 |
| 6 | LendingClub | $171,485 | $82.44 |
| 7 | CFA Institute | $167,105 | $80.34 |
| 8 | Nike | $166,828 | $80.21 |
| 9 | Neuberger Berman | $165,546 | $79.59 |
| 10 | VF | $162,263 | $78.01 |
| 11 | UBS | $161,917 | $77.84 |
| 12 | Northern Trust | $161,518 | $77.65 |
| 13 | Biogen | $160,765 | $77.29 |
| 14 | Ceridian | $159,010 | $76.45 |
| 15 | Barclays | $158,144 | $76.03 |
| 16 | Citi | $156,978 | $75.47 |
| 17 | Capital Advisors Group | $156,282 | $75.14 |
| 18 | S&T Ban | $155,301 | $74.66 |
| 19 | U.S. Pharmacopeia | $152,862 | $73.49 |
| 20 | Northwest Bank | $150,075 | $72.15 |
The average senior portfolio manager salary varies across industries:
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Technology | $146,484 | $70.42 |
| 2 | Pharmaceutical | $144,830 | $69.63 |
| 3 | Manufacturing | $134,442 | $64.64 |
| 4 | Finance | $130,655 | $62.81 |
| 5 | Professional | $112,409 | $54.04 |
| 6 | Real Estate | $106,819 | $51.36 |
The average senior portfolio manager salary has risen by $23,320 over the last ten years. In 2014, the average senior portfolio manager earned $92,485 annually, but today, they earn $115,805 a year. That works out to a 10% change in pay for senior portfolio managers over the last decade.
Compare senior portfolio manager salaries for cities or states with the national average over time.
Compare senior portfolio manager salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $116,000 | $55.68 | +3.2% |
| 2024 | $112,000 | $53.90 | +1.5% |
| 2023 | $110,000 | $53.11 | +2.3% |
| 2022 | $108,000 | $51.90 | +2.7% |
| 2021 | $105,000 | $50.52 | +3.1% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Franklin Templeton | Senior Portfolio Manager-Investment Management | Radnor, PA | 06/30/2025 | $175,000 |
| Ntrs | Senior Associate Portfolio Manager | Chicago, IL | 06/30/2025 | $99,600 |
| Huntington | SR Commercial Portfolio Manager-Huntington Technology Finance | Bloomfield Hills, MI | 06/29/2025 | $77,000 |
| Rli Insurance Company | SR. Portfolio/Program Manager-Agile | Peoria, IL | 06/29/2025 | $98,895 |
| Bass Pro Shops | Senior Manager-Portfolio Strategy and Planning | Chicago, IL | 06/29/2025 | $124,735 |
| Ual-Pro | Senior Manager-Portfolio Strategy and Planning | Chicago, IL | 06/29/2025 | $124,735 |
| Wells Fargo | Senior Commercial Banking Portfolio Manager | Las Vegas, NV | 06/28/2025 | $96,600 |
| Bank of Montreal | Senior Investment Portfolio Manager | Barrington, IL | 06/28/2025 | $100,000 |
| Us Bank | PWM SR Portfolio Manager | Spokane, WA | 06/27/2025 | $126,820 |
| Ulta Beauty, Inc. | SR Portfolio Manager IT | Bolingbrook, IL | 06/26/2025 | $119,300 |
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