What do asset managers make

You have to keep coming up with new and different investment strategies and ways to direct funds on behalf of clients. The investment management profession offers some of the highest starting salaries in finance. According to the BLS, employment in investment management is expected to grow 17 percent from to This job's outlook is much brighter than the average for all occupations, especially if you happen to be tech-savvy. The competition will be fierce, but with the right education, you should be able to land a good entry-level investment position.

Are you in the process of earning, or do you already have, a bachelor of science BS in business administration, a BS in finance, or a related degree? If so, we have good news. Any of these degrees are all you need to get started in an investment management career.

Numbers are involved, but your main focus is investment portfolios, not equations and calculations. These portfolios should be as diverse as possible—comprising lots of different businesses, projects, and sectors. Moreover, as we mentioned in reason 2, you have to tailor these portfolios to the needs, passions, and beliefs of your clients.

A great deal of what investment managers do involves solving problems. Think of how it would feel to know that you recommended something that made money for one of your clients. Services Flexible, customizable services and support for Payscale customers. Request a Demo. Price a Job for Free. By Topic. Pay Equity. By Industry. Retail and Customer Service. Agencies and Consultancies. Browse all solutions. End comp guesswork with our free job-pricing tool. Why Payscale?

Data Methodology From collection to validation, our data methodology delivers certainty. Executive Leadership Meet the leaders dedicated to empowering better conversations around pay. Customer Stories. Research Reports.

Payscale Index Track and compare wage-growth by city, industry, company size, and job category. Compensation Trends. Recent Compensation Trends Articles.

Types of bonuses and when to use them Bonuses are a beautiful thing. Base salary: what is it, how to calculate, what to offer A base salary, also known as base pay, is the initial compensation Browse all Compensation Trends Articles. For Individuals. Career Resources Access helpful tools and insights for career planning and salary negotiation. Find a Job. Career Advice Explore real-world career trends and advice from the leaders in compensation.

Payscale Predicts the Election will be closer than polls indicate If we learned anything from , is that the polls don't. Career Advice By Topic.

Career Advice. Salary Research Uncover detailed salary data for specific jobs, employers, schools, and more. You could also be generating reports based on this, and passing this information on to other decision-makers. Hours and salary depend on location, employer and any overtime you may do. Salaries and career options improve with chartered status. Need advice on careers and apprenticeships?

Search permanent and contract roles, find apprenticeships. As these are external websites, the number of vacancies related to your preferred role may vary. New opportunities will be posted as they come up. You could work for a construction firm, a bank or another financial service, supporting businesses or individuals. Some asset managers specialise in property or investment management. With experience, you could progress into senior financial roles and earn a higher salary.

As an asset manager, you could also become an accountant or financial consultant. Similarly, you could move into asset management if you have experience as an accountant. Warning Javascript is turned off For the best experience please use a JavaScript enabled browser. Home Construction careers What jobs are right for me? Asset manager. How to become What will you do? How much could you earn? How to become an asset manager There are several routes to becoming an asset manager. Find a university course Funding advice Equivalent entry requirements explained Industry qualifications The Institute of Asset Management IAM offers courses which cover the basics of asset management.

Work experience Work experience is essential to gaining employment within the construction industry. Find out more about work experience Skills Business management skills Patience and the ability to remain calm in stressful situations Knowledge of manufacturing production and processes Able to use your initiative Able to accept criticism and work well under pressure Be flexible and open to change Analytical thinking skills Able to carry out basic tasks on a computer or hand-held device.

What does an asset manager do? The job role of an asset manager involves the following duties: Maximising profitability Running and analysing inventories of all assets Liaising with suppliers to obtain the best price for assets Investing money for upcoming projects Working with asset management systems and tracking technologies Ensuring financial records are up-to-date and accurate Monitoring materials, workforce, tools, equipment and supplies Reporting on finance and forecasting budgets Working in an office and making occasional site visits.

How much could you earn as an asset manager? The expected salary for an asset manager varies as you become more experienced.