Portfolio Manager II Salary in the United States

How much does a Portfolio Manager II make in the United States? The average Portfolio Manager II salary in the United States is $94,070 as of April 27, 2019, but the range typically falls between $84,038 and $102,876. 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.  View the Cost of Living in Major Cities

Job Description

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. Considers legal and tax impact of investment decisions. Monitors daily investment activities to be aware of market changes. May manage a team of portfolio manages. Requires a bachelor's degree. Typically reports to top management. Requires Chartered Financial Analyst (CFA) Level 1. Gaining exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Typically requires 2 -4 years of related experience. (Copyright 2019 Salary.com)

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

Average Base Salary

Core compensation

 
 
 
84038
102876
94070

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
91811
125200
107394
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 $84,038 to $102,876 with the average base salary of $94,070. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $91,811 to $125,200 with the average total cash compensation of $107,394.
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84038
102876

 

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Career Path for this job

  1. Down a level:

    Portfolio Manager I

    0 - 2 years experience
    Bachelor's Degree

  2. This Job:

    Portfolio Manager II

    2 - 4 years experience
    Bachelor's Degree

  3. Up a level:

    Portfolio Manager III

    4 - 7 years experience
    Bachelor's Degree

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Job Openings for Portfolio Manager II