Career Overview
Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.
Also Known As
- Fixed Income Portfolio Manager
- Fixed Income Vice President (Fixed Income VP)
- Investment Analysis Vice President (Investment Analysis VP)
- Portfolio Manager
Alternate Job Titles
- Annual Fund Manager
- Asset Management Manager
- Asset Management Project Manager
- Asset Manager
- Digital Asset Manager
- Financial Planning and Analysis Finance Manager
- Financial Planning and Analysis Manager
- Financial Planning Director
- Financial Planning Manager
- Fixed Income Portfolio Manager
- Fixed Income Vice President (Fixed Income VP)
- Fund Administrator (Fund Admin)
- Hedge Fund Manager
- Institutional Asset Manager
- Investment Analysis Vice President (Investment Analysis VP)
What You'll Do
In this role, your typical responsibilities include:
- Manage investment funds to maximize return on client investments.
- Select specific investments or investment mixes for purchase by an investment fund.
- Monitor financial or operational performance of individual investments to ensure portfolios meet risk goals.
- Select or direct the execution of trades.
- Develop or implement fund investment policies or strategies.
- Perform or evaluate research, such as detailed company or industry analyses, to inform financial forecasting, decision making, or valuation.
- Present investment information, such as product risks, fees, or fund performance statistics.
Knowledge You'll Use
You'll need solid knowledge in these areas:
- Economics and Accounting
- English Language
- Mathematics
- Customer and Personal Service
Essential Skills
Success in this career requires strong skills in:
- Reading Comprehension
- Active Listening
- Critical Thinking
- Speaking
- Judgment and Decision Making
- Active Learning
- Complex Problem Solving
- Writing
Key Abilities
This career requires key abilities in:
- Deductive Reasoning
- Oral Comprehension
- Oral Expression
- Written Comprehension
- Mathematical Reasoning
- Information Ordering
- Inductive Reasoning
- Speech Clarity
- Problem Sensitivity
- Written Expression
Work Style
People who excel in this career typically demonstrate:
- Attention to Detail
- Integrity
- Dependability
- Achievement Orientation
- Intellectual Curiosity
What Matters in This Career
This career tends to satisfy these work values:
- Achievement
- Recognition
- Working Conditions
- Independence
- Relationships
Education & Preparation
Typical Education: Master's Degree
Related Work Experience Needed: Over 8 years, up to and including 10 years
On-the-Job Training: Over 6 months, up to and including 1 year
Education Details: Most of these occupations require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).
Experience Required: Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.
Technology You'll Use
Popular Technologies & Software
- Microsoft Access
- Microsoft Excel
- Microsoft Office software
- Microsoft Outlook
- Microsoft Power BI
- Microsoft PowerPoint
- Microsoft Project
- Microsoft Visio
- Microsoft Word
- SAP software
Tools & Equipment
- Desktop computers
- Laptop computers
- Multiline telephone systems
- Personal computers
- Teleconferencing equipment
- Videoconferencing equipment
Work Environment
- Telephone Conversations
- Face-to-Face Discussions with Individuals and Within Teams
- Spend Time Sitting
- Indoors, Environmentally Controlled
Salary & Job Market
Wages reported for the broader Financial Managers occupational group (BLS 2024), which includes Investment Fund Managers.
| Salary Percentile | Annual Wage |
|---|---|
| Entry-Level (10th percentile) | $86,490 |
| Median | $161,700 |
| Top Earners (90th percentile) | >$239,200 |
Workers Employed Nationally: 818,620
Related Careers
If you're interested in this career, you might also consider:
Financial and Investment Analysts
Education: Not specified
Median Salary: $101,350
Financial Risk Specialists
Education: Not specified
Median Salary: $106,000
Personal Financial Advisors
Education: Bachelor's Degree
Median Salary: $102,140
Securities, Commodities, and Financial Services Sales Agents
Education: Bachelor's Degree
Median Salary: $78,140
Financial Quantitative Analysts
Education: Master's Degree
Median Salary: $80,190
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Occupational data sourced from the O*NET OnLine database, developed by the U.S. Department of Labor, Employment and Training Administration. Wage data from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), 2024.