How much does a Portfolio Manager II make in the United States? The average Portfolio Manager II salary in the United States is $118,093 as of April 24, 2024, but the range typically falls between $100,990 and $141,654. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Portfolio Manager II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Portfolio Manager II Salary $85,419 US April 24, 2024
25th Percentile Portfolio Manager II Salary $100,990 US April 24, 2024
50th Percentile Portfolio Manager II Salary $118,093 US April 24, 2024
75th Percentile Portfolio Manager II Salary $141,654 US April 24, 2024
90th Percentile Portfolio Manager II Salary $163,104 US April 24, 2024
25% $100,990 10% $85,419 90% $163,104 75% $141,654 $118,093 50%(Median) Didn’t find job title? Click
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What skills does a Portfolio Manager II need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Accounting: Creating financial statements and reports based on the summary of financial and business transactions.

3.

Financial Statement Analysis: Financial statement analysis evaluates a company's performance or value through a company's balance sheet, or statement of cash flows. It is used to analyze whether an entity is stable, solvent, liquid, or profitable enough to a monetary investment.

Analysis 10.53%
Accounting 1.92%
Financial Statement Analysis 1.2%
Others 86.35%

Job Description for Portfolio Manager II

Portfolio Manager II is responsible for managing, evaluating, and monitoring key or complex investment portfolios comprised of bonds, securities, and equity funds in a banking environment. Reviews the customer's goals and develops investment strategies that will attain and support those objectives with acceptable risk. Being a Portfolio Manager II considers legal and tax impact of investment decisions. Monitors daily investment activities to be aware of market changes. Additionally, Portfolio Manager II may manage a team of portfolio managers. Requires a bachelor's degree. May require National Association of Securities Dealers (NASD). Typically reports to senior management. The Portfolio Manager II work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Portfolio Manager II typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Portfolio Manager II
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Career Path for Portfolio Manager II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Portfolio Manager II, the first career path typically progresses to Portfolio Manager III.

Those that have already made the climb...
Elizabeth J. Boland, Chief Financial Officer
Bright Horizons Family Solutions Inc. provides early education and childcare, back-up care, educational advisory, and other workplace solutions services for employers and families. The company operates through three segments: Full Service Center-Based Child Care, Back-Up Care, and Educational Advisory and Other Service... More
Fiscal Year Ended in 2022
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Portfolio Manager II salary varies from city to city. Compared with national average salary of Portfolio Manager II, the highest Portfolio Manager II salary is in San Francisco, CA, where the Portfolio Manager II salary is 25.0% above. The lowest Portfolio Manager II salary is in Miami, FL, where the Portfolio Manager II salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Portfolio Manager II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
100990
141654
118093

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
115210
159697
139169
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Portfolio Manager II in the United States. The base salary for Portfolio Manager II ranges from $100,990 to $141,654 with the average base salary of $118,093. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $115,210 to $159,697 with the average total cash compensation of $139,169.
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100990
141654

 

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Skills associated with Portfolio Manager II: Investment Analysis, Portfolio Optimization, Investment Monitoring, Risk Analysis ...More

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Portfolio Manager II Salary in United States
Portfolio Manager II Salary Graph, Regional Distribution and Summary