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The average salary for a Vice President and Portfolio Manager in the United States is $159,476 per year, translating to approximately $77 per hour. This compensation reflects the high level of responsibility and expertise required in this role. Salaries can vary significantly based on factors such as geographic location, industry, and years of experience.
In states like New York and California, Vice Presidents and Portfolio Managers often earn higher salaries due to the cost of living and demand for skilled professionals. For instance, in California, the average salary can reach upwards of $180,000, while in Texas, it may average around $150,000.
Experience plays a crucial role in determining salary levels. Entry-level professionals may start at around $120,000, while those with 10+ years of experience can command salaries exceeding $200,000. This upward trend highlights the importance of continuous professional development and networking within the financial industry.
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| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level vice president and portfolio manager | $110,000 | $52.72 |
| Mid-level vice president and portfolio manager | $170,000 | $81.59 |
| Senior-level vice president and portfolio manager | $261,000 | $125.40 |
The highest-paying states for vice president and portfolio managers are Alaska, Maine, and Ohio. The lowest average vice president and portfolio manager salary states are Kentucky, Tennessee, and Arkansas.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Illinois | $162,273 | $78.02 |
| 2 | Ohio | $165,877 | $79.75 |
| 3 | Massachusetts | $165,548 | $79.59 |
| 4 | Maine | $169,116 | $81.31 |
| 5 | Connecticut | $164,884 | $79.27 |
| 6 | Delaware | $162,986 | $78.36 |
| 7 | Alaska | $199,156 | $95.75 |
| 8 | District of Columbia | $169,998 | $81.73 |
| 9 | Pennsylvania | $161,236 | $77.52 |
| 10 | Montana | $160,477 | $77.15 |
| 11 | California | $162,152 | $77.96 |
| 12 | Vermont | $162,144 | $77.95 |
| 13 | New York | $157,697 | $75.82 |
| 14 | Rhode Island | $155,279 | $74.65 |
| 15 | Oregon | $157,519 | $75.73 |
| 16 | Michigan | $156,182 | $75.09 |
| 17 | Maryland | $160,431 | $77.13 |
| 18 | Missouri | $151,855 | $73.01 |
| 19 | Nevada | $150,466 | $72.34 |
| 20 | Idaho | $152,829 | $73.48 |
| 21 | Minnesota | $150,287 | $72.25 |
| 22 | New Jersey | $150,291 | $72.26 |
| 23 | Wisconsin | $150,780 | $72.49 |
| 24 | Arizona | $140,462 | $67.53 |
| 25 | South Dakota | $149,520 | $71.88 |
| 26 | North Dakota | $150,683 | $72.44 |
| 27 | New Hampshire | $149,425 | $71.84 |
| 28 | Texas | $137,484 | $66.10 |
| 29 | Virginia | $147,553 | $70.94 |
| 30 | Oklahoma | $144,812 | $69.62 |
| 31 | North Carolina | $133,440 | $64.15 |
| 32 | Louisiana | $145,502 | $69.95 |
| 33 | New Mexico | $145,544 | $69.97 |
| 34 | Kansas | $140,718 | $67.65 |
| 35 | West Virginia | $142,581 | $68.55 |
| 36 | Washington | $137,444 | $66.08 |
| 37 | Georgia | $132,936 | $63.91 |
| 38 | Utah | $130,953 | $62.96 |
| 39 | Indiana | $131,870 | $63.40 |
| 40 | Iowa | $129,958 | $62.48 |
| 41 | Hawaii | $135,527 | $65.16 |
| 42 | Florida | $124,153 | $59.69 |
| 43 | South Carolina | $133,719 | $64.29 |
| 44 | Tennessee | $123,385 | $59.32 |
| 45 | Mississippi | $131,449 | $63.20 |
| 46 | Colorado | $116,727 | $56.12 |
| 47 | Alabama | $127,559 | $61.33 |
| 48 | Kentucky | $123,471 | $59.36 |
| 49 | Arkansas | $121,646 | $58.48 |
| 50 | Nebraska | $116,610 | $56.06 |
| 51 | Wyoming | $120,735 | $58.05 |
The highest-paying cities for vice president and portfolio managers are San Mateo, CA, Boston, MA, and Elk Grove Village, IL.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | San Mateo, CA | $179,737 | $86.41 |
| 2 | Boston, MA | $176,005 | $84.62 |
| 3 | Elk Grove Village, IL | $175,687 | $84.46 |
| 4 | Farmington, CT | $175,681 | $84.46 |
| 5 | Cincinnati, OH | $173,449 | $83.39 |
| 6 | Wilmington, DE | $172,949 | $83.15 |
| 7 | Albany, NY | $170,133 | $81.79 |
| 8 | OFallon, MO | $163,070 | $78.40 |
| 9 | Green Bay, WI | $162,282 | $78.02 |
| 10 | Minneapolis, MN | $155,870 | $74.94 |
| 11 | Jersey City, NJ | $155,578 | $74.80 |
| 12 | Overland Park, KS | $146,511 | $70.44 |
| 13 | Cedar Hill, TX | $143,083 | $68.79 |
| 14 | Bellevue, WA | $142,603 | $68.56 |
| 15 | Atlanta, GA | $135,341 | $65.07 |
| 16 | Iowa City, IA | $134,153 | $64.50 |
| 17 | Salt Lake City, UT | $133,308 | $64.09 |
| 18 | Denver, CO | $117,563 | $56.52 |
A vice president and portfolio manager's salary ranges from $94,000 a year at the 10th percentile to $268,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $268,000 | $22,333 | $129 |
| 75th Percentile | $209,000 | $17,417 | $100 |
| Average | $159,476 | $13,290 | $77 |
| 25th Percentile | $121,000 | $10,083 | $58 |
| 10th Percentile | $94,000 | $7,833 | $45 |
The highest paying types of vice president and portfolio managers are senior vice president, group vice president, and vice president.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Tax Manager | $96,100 | $8,008 | $46.20 | 79,204 |
| Branch Manager | $56,291 | $4,691 | $27.06 | 333,883 |
| Cash Manager | $93,363 | $7,780 | $44.89 | 60,517 |
| Bank Manager | $96,909 | $8,076 | $46.59 | 66,136 |
| Audit Manager | $121,419 | $10,118 | $58.37 | 70,168 |
| Asset Manager | $85,814 | $7,151 | $41.26 | 64,732 |
Top companies hiring vice president and portfolio managers now:
Vice president and portfolio manager salaries at Berkshire Ban and PPM America are the highest-paying according to our most recent salary estimates. In addition, the average vice president and portfolio manager salary at companies like Sumitomo Mitsui Financial Group and Spencer Savings Bank are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Berkshire Ban | $221,031 | $106.26 |
| 2 | PPM America | $209,839 | $100.88 |
| 3 | Sumitomo Mitsui Financial Group | $207,450 | $99.74 |
| 4 | Spencer Savings Bank | $204,710 | $98.42 |
| 5 | Customers Bank | $197,769 | $95.08 |
| 6 | Citi | $196,910 | $94.67 |
| 7 | Tudor Funds | $193,826 | $93.19 |
| 8 | PAAMCO Prisma | $193,039 | $92.81 |
| 9 | Acadian Asset Management | $191,077 | $91.86 |
| 10 | The Peoples Bank | $189,909 | $91.30 |
| 11 | Pacific Investment Management Company LLC | $188,000 | $90.38 |
| 12 | ExecuNet | $187,840 | $90.31 |
| 13 | Neuberger Berman | $183,980 | $88.45 |
| 14 | Whittier Trust | $183,911 | $88.42 |
| 15 | Goldman Sachs | $183,509 | $88.23 |
| 16 | Lazard | $181,005 | $87.02 |
| 17 | WorldQuant | $180,925 | $86.98 |
| 18 | Western Alliance Bank | $177,480 | $85.33 |
| 19 | OneUnited Bank | $176,132 | $84.68 |
| 20 | City National Bank | $170,612 | $82.03 |
The average vice president and portfolio manager salary has risen by $32,114 over the last ten years. In 2014, the average vice president and portfolio manager earned $127,362 annually, but today, they earn $159,476 a year. That works out to a 10% change in pay for vice president and portfolio managers over the last decade.
Compare vice president and portfolio manager salaries for cities or states with the national average over time.
Compare vice president and portfolio manager salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $159,000 | $76.67 | +3.2% |
| 2024 | $154,000 | $74.22 | +1.5% |
| 2023 | $152,000 | $73.13 | +2.3% |
| 2022 | $149,000 | $71.47 | +2.7% |
| 2021 | $145,000 | $69.57 | +3.1% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| American Century Companies | VP, Portfolio Manager-ETF | New York, NY | 06/30/2025 | $200,000 |
| BNY External | Vice President, IWM Portfolio Manager I | Pittsburgh, PA | 06/29/2025 | $68,000 |
| Blackrock | Vice President/Director, Portfolio Manager & Derivatives Trader | Chicago, IL | 06/28/2025 | $155,000 |
| BMO (Bank of Montreal | VP, Portfolio Manager-Commercial Banking | Sacramento, CA | 06/27/2025 | $87,000 |
| BMO Harris | VP, Portfolio Manager-Commercial Banking | Sacramento, CA | 06/26/2025 | $87,000 |
| Bank of Montreal | VP, Portfolio Manager-Franchise Finance, Commercial Banking | Irvine, CA | 06/26/2025 | $87,000 |
| Morgan Stanley | Credit Portfolio Manager-VP | New York, NY | 06/24/2025 | $110,000 |
| Associated Bank | Portfolio Manager-VP | Sherry, WI | 06/20/2025 | $81,620 |
| State Street | Technology Portfolio Manager, Vice President | Quincy, MA | 06/20/2025 | $110,000 |
| Western Alliance Bancorporation | Vice President, Portfolio Manager | Los Angeles, CA | 06/19/2025 | $115,600 |
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