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Salary and Benefits

Fund Manager
$60K-$74K / yr. (est.)
$61K
$67,368 / year
$74K
Average base salary
The salary information provided is based on data collected from various reliable sources and may vary depending on individual qualifications and other factors.

About Fund Manager

What does a Fund Manager do?

As fund managers, we advise clients on investment decisions that yield financial gains. Our title is often used interchangeably with that of portfolio managers, although we tend to manage only specialized investment vehicles. We develop a deep understanding of the client's expectations in order to determine what type of investment would suit them best. We follow business developments and assess how business decisions, such as mergers, may impact investments so that we can identify the best options. We are also responsible for following applicable regulations. We are typically employed by banks, investment and asset management companies, insurance companies, consulting companies, etc.

Core tasks:

  • researching companies for financial information
  • evaluating performance of investment funds
  • liaising with clients, maintaining new and existing client relationships
  • making informed financial recommendations to clients based on their risk preferences, return expectations, etc.
  • ensuring compliance with industry regulations

Insights

How Many Years of Experience Do Professionals Need Before Becoming Fund Manager?
On average, people work 5-7 years in other positions prior to becoming a Fund Manager.
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Specialist Wealth Management AssociateDenver, CO - A year ago
Doesn't this just show that fund managers could benefit from a diverse skill set? I see it as an advantage! 😏
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Risk AnalystSan Francisco, CA - A year ago
🤔I wonder if these years of experience make a significant difference or if it's just an arbitrary benchmark.
How Long Do Fund Manager Employees Typically Stay in Their Roles?
On average, Fund Managers works in this position for 3-5 years across multiple employers.
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Financial AdvisorBoston, MA - A year ago
Lowercases 🤷 look, people naturally transition to other opportunities. Times change and career paths evolve. It's just a fact of life.
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Portfolio ManagerSeattle, WA - A year ago
A short tenure could indicate an unsuccessful Fund Manager, but let's not generalize. Everyone's circumstances are different.
What Is the Job Hopper Score for Fund Manager Employees?
Moderate job changes in Fund Manager, showing some career movement without excessive turnover.
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TraderHouston, TX - A year ago
What's wrong with changing jobs frequently? Trading requires adaptability – exploring different strategies can improve one's game and performance.
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Financial PlannerMiami, FL - A year ago
I agree with the moderate job changes, but it should be carefully balanced to maintain building trust and long-lasting relationships with clients. 💼

Career path

Path to job

Discover a Fund Manager's areas of knowledge sorted by their majors.
Explore the list of higher education institutions that a Fund Manager typically studied at.
Boston University
University of California-Los Angeles

Path after job

Community

Demographics

What Is the Age and Gender Ratio of Fund Manager Employees?
Gender ratio in Fund Manager position: 0.620655213743508 Male and 0.379344786256492 Female. Age ratio in Fund Manager position: 16-20: 9%, 21-30: 65%, 31-40: 18%, 41-50: 6%, 51-60: 2%, 60+: 0%. Fund Manager position is predominantly male (62.1%) with the largest age group being 21-30 years old, followed by 31-40 years old.
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Sales RepresentativeMiami, FL - A year ago
Why are there barely any fund managers over the age of 50? Does the industry have age discrimination issues?
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HR ManagerLos Angeles, CA - A year ago
Can someone explain why there's no representation of fund managers over 60? Do they get pushed out of the profession?

Workplaces

Who Are the Top Employers for Fund Manager?
Top employers of Fund Manager position: BNY Mellon, State Street Corporation, UMB Fund Services. People who work in Fund Manager position most typically go on to work for the BNY Mellon.
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Financial ConsultantBoston, MA - A year ago
BNY Mellon may be dominant, but that doesn't mean they are the best for everyone. Other companies offer unique advantages.
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Asset ManagerSan Francisco, CA - A year ago
Investopedia rated BNY Mellon as the top employer for Fund Managers, which really shows their industry influence.
BNY Mellon
State Street Corporation
UMB Fund Services
What Industries Does Fund Manager Typically Have Experience In?
Industry Background: The most typical industries of Fund Manager: Finance & Insurance, Education, Religious / Grantmaking / Civic, Health Care, Arts / Entertainment / Recreation. Fund Manager employees most likely come from a Finance & Insurance industry background.
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AccountantHouston, TX - A year ago
Frankly, I think fund managers are overpaid. It can't be that difficult to allocate funds and make decisions based on market trends. They should focus more on reducing fees and expenses.
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Data AnalystMiami, FL - A year ago
🙄 It's ignorant to underestimate the work of fund managers. Analyzing huge amounts of data, assessing risk, and making informed investment decisions require specialized skills and experience.

Find your job as Fund Manager

Discussion about Fund Manager

Want to know more about Fund Manager position?
Share your thoughts and ideas about Fund Manager position with others in our community.
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How balanced is the gender diversity among people working as a Fund Manager?
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Liam Brown4 years ago
40% are women in this profession only.
What is the most common age of a Fund Manager?
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Sophie Hayes4 years ago
The average age is 28
Do I need a lot of experience to be a Fund Manager?
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Sophie Hayes4 years ago
You need 6 years of experience to work as a Fund Manager.
What industries does a Fund Manager typically work in?
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Liam Brown4 years ago
Finance & Insurance is the most frequent for a Fund Manager.
Is a degree needed to work as a Fund Manager?
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Isabella Holmes4 years ago
A Bachelor of Science degree could not hurt if you want to be a Fund Manager
Which company is likely to have openings for Fund Manager positions?
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Benjamin Gardner4 years ago
Most people work for BNY Mellon, State Street Corporation, UMB Fund Services, University of California San Diego and University Of California Los Angeles
How many years do people work as a Fund Manager before changing their role?
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Sophie Hayes4 years ago
A Fund Manager typically moves on after 4 years
How common is it for a Fund Manager to jump from company to company?
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Benjamin Gardner4 years ago
a Fund Manager is not a typical job hopper, but might change companies.
What jobs do people work in before becoming a Fund Manager?
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Liam Brown4 years ago
Most people come from Fund Accountant, Vice President or Financial Analyst roles
If I’m working as a Fund Manager, what next position could I have?
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Benjamin Gardner4 years ago
Changing from a Fund Manager to Vice President, Financial Analyst or Fund Accountant is a typical career path.
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Disclaimer

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