How Much Does an Associate Portfolio Manager Make? (2025)
An associate portfolio manager oversees and evaluates investment portfolios of bonds, securities, and equity funds in a banking environment. The role involves reviewing client goals, developing strategies to meet those objectives with acceptable risk, considering legal and tax implications, and monitoring daily market activity.
They respond to inquiries and market changes, review performance metrics, support the team, develop investment strategies, and manage financial instruments. According to Salary.com, the national average salary for an associate portfolio manager is $83,500 per year ($40 per hour).
Use this salary guide to learn more about associate portfolio manager salary expectations, the highest-paying cities, and common questions about the role.
What is the Associate Portfolio Manager's Salary?
As of November 2025, the average associate portfolio manager salary in the United States is $83,500 per year or $40 per hour. The salary range for associate portfolio managers is between $61,530 and $94,772, with most earnings of $72,000 to $89,400 per year.
The median associate portfolio manager salary reflects a stable and competitive income for skilled associate portfolio managers in this field.
2025 Average Salary for Associate Portfolio Manager: $83,500 per year ($40 per hour)
An associate portfolio manager can expect an average monthly salary of $6,958, while the average weekly pay is $1,606. Moreover, the average hourly rate is $40, according to the recent Salary.com report.
| Percentile | By Hour | By Week | By Month | By Year |
|---|---|---|---|---|
| 10th Percentile | $30 | $1,183 | $5,127 | $61,530 |
| 25th Percentile | $35 | $1,385 | $6,000 | $72,000 |
| 50th Percentile (Median) | $40 | $1,606 | $6,958 | $83,500 |
| 75th Percentile | $43 | $1,719 | $7,450 | $89,400 |
| 90th Percentile | $46 | $1,823 | $7,898 | $94,772 |
In addition to base pay, associate portfolio managers often receive bonuses, which significantly boost their income. The average total compensation, including bonuses and benefits like health insurance and retirement plans, reaches $134,394 per year in the U.S., making this a financially rewarding career for those who qualify.
Associate Portfolio Manager Average Salaries State by State
Associate portfolio manager salary differs across U.S. states and territories due to factors such as job demand, geographic location, cost of living, and local wage standards.
The table below shows the states and territories with the highest average pay for associate portfolio manager salary: the District of Columbia ($92,500), California ($92,100), and Massachusetts ($90,900).
On the other hand, the states and territories with the lowest average salaries include Mississippi ($74,500), Arkansas ($75,500), and West Virginia ($75,200).
| State | Average Salary |
|---|---|
| Alaska | $90,400 |
| Alabama | $76,800 |
| Arkansas | $75,500 |
| Arizona | $81,400 |
| California | $92,100 |
| Colorado | $85,200 |
| Connecticut | $89,300 |
| District of Columbia | $92,500 |
| Delaware | $84,600 |
| Florida | $79,000 |
| Georgia | $80,600 |
| Hawaii | $87,300 |
| Iowa | $79,900 |
| Idaho | $78,000 |
| Illinois | $85,100 |
| Indiana | $80,200 |
| Kansas | $79,500 |
| Kentucky | $78,600 |
| Louisiana | $79,400 |
| Massachusetts | $90,900 |
| Maryland | $86,100 |
| Maine | $81,500 |
| Michigan | $82,300 |
| Minnesota | $85,500 |
| Missouri | $79,400 |
| Mississippi | $74,500 |
| Montana | $78,900 |
| North Carolina | $79,400 |
| North Dakota | $82,500 |
| Nebraska | $78,700 |
| New Hampshire | $84,500 |
| New Jersey | $90,500 |
| New Mexico | $77,400 |
| Nevada | $82,700 |
| New York | $88,800 |
| Ohio | $81,300 |
| Oklahoma | $77,200 |
| Oregon | $84,800 |
| Pennsylvania | $83,200 |
| Rhode Island | $86,600 |
| South Carolina | $78,300 |
| South Dakota | $75,900 |
| Tennessee | $78,100 |
| Texas | $81,500 |
| Utah | $80,000 |
| Virginia | $84,100 |
| Vermont | $82,000 |
| Washington | $90,600 |
| Wisconsin | $82,200 |
| West Virginia | $75,200 |
| Wyoming | $80,100 |
What are the Best-Paying Cities for Associate Portfolio Manager?
Associate portfolio manager salary also varies by city, influenced by the cost of living, local demand, and industry rates in urban areas.
For example, cities in California such as San Jose and San Francisco offer higher average salaries for associate portfolio managers, at $105,400 and $104,300, respectively.
| City | Average Pay |
|---|---|
| San Jose, CA | $105,400 |
| San Francisco, CA | $104,300 |
| Oakland, CA | $102,000 |
| New York, NY | $96,800 |
| Queens Village, NY | $96,200 |
| Paramus, NJ | $95,500 |
If you were ever asked which cities pay the most, you can confidently say San Jose, CA and San Francisco, CA are at the top, attracting candidates with expertise in financial transactions.
How Does Experience Affect Associate Portfolio Manager?
Associate portfolio manager salary grows with experience. Salary.com reports that entry-level executives earn about $79,272 per year, while those with over 8 years of experience average $85,764 per year.
| Level | Average Pay |
|---|---|
| Entry Level Associate Portfolio Manager | $79,272 |
| Intermediate Level Associate Portfolio Manager | $81,522 |
| Senior Level Associate Portfolio Manager | $84,466 |
| Specialist Level Associate Portfolio Manager | $85,504 |
| Expert Level Associate Portfolio Manager | $85,764 |
How to Increase Salary as an Associate Portfolio Manager?
If you're working as an associate portfolio manager and looking to boost your income, there are several strategic ways to advance your career and increase your earning potential.
Associate Portfolio Manager Advancements
Develop High-Demand Skills: Focus on strengthening essential skills such as Investment Risk Management (IRM) Laws and Regulations, Financial Instruments, and Stress Testing. These skills are highly sought after and can make you more valuable to your employer, increasing your chances of a salary boost.
- Pursue Career Advancement: Seek opportunities to move into senior or managerial roles within portfolio management. Taking on more responsibility and leadership positions often comes with better compensation and benefits.
- Invest in Education and Training: Enhance your expertise by gaining certifications or additional training in areas like investment analysis and financial risk mitigation. Upskilling shows your commitment to professional growth and can open doors to higher-paying job opportunities.
Associate Portfolio Manager Skills
Associate portfolio managers with specialized skills can increase their pay. According to Salary.com's Real-time Job Posting Salary Data Report, Financial Markets skills can boost salaries by +9.85%, while Investment Analysis skills add +9.13%.
| Skill | Demand | Salary Increase |
|---|---|---|
| Financial Markets | 10.50% | +9.85% |
| Investment Analysis | 10.30% | +9.13% |
| Investment Risk Management (IRM) Laws and Regulations | 10.80% | +9.07% |
| Investment Credit Risk | 10.60% | +9.07% |
| Financial Risk Mitigation | 10.50% | +9.07% |
| Secondary Market Analysis | 10.40% | +9.07% |
What are the FAQs About Associate Portfolio Manager Salaries?
Here are some common questions about associate portfolio manager salary:
Is associate portfolio manager a high paying job?
It depends. The associate portfolio manager average salary in the U.S. is $83,500, but it can go up to $94,772 based on experience and skills. Pay also varies by location, industry, and job type. Top earners often work in big cities, for example, San Jose, California, where the average salary is $105,400, in the highest paying industries.
What does the associate portfolio manager do?
Manages and monitors investment portfolios to build and maintain optimal returns.
- Oversees portfolio policies, objectives, and initiatives
- Ensures consistent investment strategies
- Develops strategic portfolio goals
- Approves departmental policies
- Leads the portfolio management within the corporate structure
What skills do you need to be an associate portfolio manager?
Key skills for an Associate Portfolio Manager include Investment Analysis, Secondary Market Analysis, Financial Markets, Financial Risk Mitigation, and Investment Risk Management (IRM) Laws and Regulations. These skills are in high demand and are associated with strong salary increases, making them essential for success in the role.
