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15 Best Paying Jobs for Investment Managers In 2022


Best Paying Jobs for Investment Managers

Investment managers are usually hired by companies and individuals planning to invest or having other financial objectives. There has always been a demand for investment managers throughout the years. Still, this demand tends to be higher during periods of recession, low-interest rates, and high returns on investments.

Investment managers generally work full-time in a large office environment with comfortable surroundings such as offices, conference rooms, and cubicle areas.

They meet regularly with colleagues to discuss financial market elements and current investment strategies or make recommendations for new investments.

How much money can you make as an investment manager? What kind of job should you be looking for? These and more are some of the questions we’ll answer in this article. You’ll also find some of the best-paying jobs for investment managers.

Is Investment Managers A Good Career Choice?

Investment managers are a good career choice for those who enjoy working with data, numbers, and financial models. They help companies and individuals with their investments in the stock market.

These professionals work hard to find the best investment opportunities for their clients. They also advise on how much money to invest and how long it should be.

They can earn a high salary if they have a lot of experience. Some companies also offer bonuses to their employees based on their performance and results.

Investment Managers are the people who control the money of others. They are essentially the gatekeepers of their client’s wealth. The role of an investment manager is to manage and grow their client’s money by investing it in different asset classes like stocks, bonds, real estate, etc.

What Are the Benefits of A Career in Investment Managers?

The career path for investment managers can be very lucrative, and there are many benefits to pursuing this career.

1. High Pay

Investment managers make an average of $132,000 per year, which is much higher than most other careers. Earning more is also possible depending on your work and education level.

2. Working With People Who Have Money

Most people don’t have enough money to hire an investment manager because they’re usually only available for wealthy clients who can afford them. If you want to work with rich people, this is a great career choice because it will allow you access to wealthy clients who want advice on their investments.

3. Working With Financial Markets

Another benefit of working as an investment manager is that you’ll get exposure to financial markets, which can help prepare you for other careers in finance, like becoming an investor or hedge fund manager later down the road after gaining experience managing others’ money first before managing your funds.

What Are The Best Paying Jobs in Investment Managers?

Some of the best-paying jobs for investment managers include:

  • Portfolio Manager
  • Business Development Manager
  • Financial Manager
  • Investment Banking Associate
  • Investment Analyst
  • Investment Product Manager
  • Equity Research Analyst
  • Financial Trader
  • Financial Analyst
  • Stockbroker
  • Economic Analyst
  • Risk analyst
  • Trading Assistant
  • Credit Analyst
  • Underwriter

#1. Portfolio Manager

Portfolio managers manage a fund’s assets, investments, and financial health. 

They make investment decisions on clients’ behalf and are responsible for their performance. 

This means that portfolio managers must be able to make accurate predictions to maximize client earnings.

The median annual salary for a portfolio manager is $80,000 per year. This figure can vary depending on factors such as geographic location and whether or not a person is self-employed.

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#2. Business Development Manager

The business development manager is the person who helps a company enter new markets and build relationships with other businesses. They are responsible for identifying opportunities and developing plans to meet those needs with the obligation to let the company get a wider audience and growth.

Business development managers are often expected to travel frequently and be able to speak multiple languages. They must also have excellent communication skills, as they spend a lot of time meeting with clients and discussing various projects with co-workers.

Business development managers typically earn a median salary of $130,000 per year.

#3. Financial Manager

A financial manager’s job is to manage the finances of a company, business or organization. They ensure that the money used is spent on necessary and profitable things. Their main goal is to ensure that you can keep track of all your expenses so you don’t spend too much money.

Financial managers are responsible for planning and executing the day-to-day operations of a company’s finances. They must oversee all aspects of investment management, including selecting stocks and bonds, managing portfolios, and ensuring that money is invested wisely across different asset classes.

The average salary for a financial manager is $135,000 per year, but if you work in the right industry and with the proper skill set, you can earn even more.

#4. Investment Banking Associate

An investment banking associate is a junior position in investment banking. Associates carry out the various aspects of mergers and acquisitions, and capital raises. They’re responsible for researching and analyzing deals, developing deal strategies, performing due diligence on companies they’re looking at acquiring or investing in and assisting senior associates with their work.

Associates often start their careers by working on term sheets or pitch books (documents that outline what the company does, its valuation information and potential buyers), then move on to assist with other parts of an M&A transaction like negotiations or the drafting of legal documents. 

The average salary for an investment banking associate is $150,000 per year, but it can be higher depending on which firm you work for and which city you live in.

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#5. Investment Analyst

In this role, you’ll be responsible for recommending to clients which stocks, bonds and other securities to buy and sell. You may also be responsible for creating reports about the performance of various companies and industries.

Investment analysts work in the financial industry, and they help investors make decisions about their money. They may do this by analyzing trends in the market, creating investment strategies for clients, or performing other tasks.

Investment analysts’ pay depends on the firm they work for. The average salary is $70,000 per year.

#6. Investment Product Manager

Investment product managers work with investment products, not just stocks. They may be responsible for developing and selling mutual funds to clients.

This can include marketing, sales, and product development, helping people understand what they need in an investment vehicle.

Product managers also have relationships with portfolio managers at the firm. They help determine which investments will be made by the firm and how to structure those investments so that they meet client needs.

Investment Product Manager is one of the best-paying jobs you can get if you’re looking for a job in the financial services industry. A typical salary ranges from $70,000 to $90,000.

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#7. Equity Research Analyst

As an equity research analyst, you’ll be responsible for advising investors and investment firms on the value of a particular stock. Your responsibilities might include conducting market research, analyzing financial statements, and compiling reports on your findings. 

You’ll also need to determine which stocks will likely increase in value over time and how much risk is involved when investing in them.

You may work as an equity research analyst for a financial institution or investment firm. This can be a rewarding career if you enjoy analyzing financial information and making recommendations about which stocks would be suitable investments for clients.

#8. Financial Trader

Working as a financial trader is one of the best-paying jobs in the investment management industry.

Financial traders are responsible for buying and selling securities, including stocks and bonds. They use their knowledge of financial markets to buy low-price securities and sell them at high prices, making money for themselves and their employers.

The financial trader is a job that involves speculating on the fluctuations in the price of commodities, currencies, and securities. This can be done through trading on an exchange or via over-the-counter dealings.

The median annual wage of a financial trader is around $80,000.

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#9. Financial Analyst

Financial analysts are the group-thinkers of finance, helping shape and frame how companies understand their operations. They develop financial models that help companies forecast what will happen with revenues and expenses and project how much cash will be available for investments or dividends.

Financial analysts are typically employed by investment managers at banks or other financial institutions. Many financial analysts also work with private equity funds, hedge funds or corporations looking to expand into new markets.

A financial analyst’s salary can range from $65,000 to $120,000 per year, depending on experience and location.

#10. Stockbroker

Stockbrokers are responsible for buying and selling stocks, bonds, and other financial instruments on behalf of investors. They may also provide investment advice to their clients. Stockbrokers typically work in brokerages or banks and earn commissions when they make a sale.

Stockbrokers have a variety of responsibilities, but one of the most important is helping clients achieve their financial goals by finding the right investment opportunities. 

You’ll also need to know how much risk is involved with each investment to offer appropriate advice.

The average pay for stockbrokers is $60,000 per year.

#11. Economic Analyst

Economic analysts study the economy and provide insights into how they think it will affect companies and industries. They forecast economic trends, make recommendations on investing, and advise companies on how to position themselves in the marketplace.

Some of the duties of an economic analyst include:

  • Analyzing economic data sources like labor reports and real estate statistics to identify future business activity trends.
  • Developing forecasts for important market sectors such as manufacturing or retail sales based on current information about current conditions and future expectations.

The average annual salary for an economic analyst is $104,100.

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#12. Risk Analyst

A risk analyst is a job in the financial services industry, and it’s also one of the highest-paying jobs for investment managers. Risk analysts are responsible for assessing risks and making recommendations to management. 

To do this, they’ll need strong analytical skills and communication skills. These professionals usually have degrees in finance, economics or mathematics. However, some entry-level positions may require only a bachelor’s degree in any field.

The best paying jobs in this field include risk analyst positions at large banks or insurance companies where salaries can range from $95k-$145k per year depending on experience level.

The best-paying jobs in this field include risk analyst positions at large banks or insurance companies, where salaries can range from $81k-$145k per year, depending on experience level.

#13. Trading Assistant

As a trading assistant, you’ll assist the traders and brokers on their teams. The job is competitive and very stressful: you’ll be working with significant sums of money and under tight deadlines, so if you think this may not be for you, don’t bother applying. 

However, those with what it takes can earn a lot of money in this role; some even make hundreds of thousands per year.

A trading assistant can expect to make around $50,000 annually.

#14. Credit Analyst

A credit analyst is responsible for evaluating a company that is seeking a loan or other form of credit. The analyst must assess the likelihood that the borrower will default on their loan obligations. 

The analyst may also evaluate whether a company has sufficient assets to cover its debts or if it will be able to pay back its loans if some unforeseen circumstances arise.

The average salary for a credit analyst is 55,000 per year.

#15. Underwriter

An underwriter is a person who makes sure that an investment is safe for investors by assessing its risks and benefits. They do this by looking at the company’s financial statements, projected sales and profits, and the viability of their business model.

Underwriters are responsible for determining how much money should be invested in a company and how much risk there will be involved with that investment. They also determine how much money should be charged for managing the risk of investing in a particular company or product.

Also, see: 15 Best Paying Jobs in Semiconductor Companies 2023.

Frequently Asked Questions

What is the best place to work as an investment banker?

Centerview Partners, Evercore, and Bank of America are all examples of great places to work as investment bankers.

Which investment firm pays the most?

JPMorgan Chase & Co. is one of the biggest investment firms in the world and pays the most. The company was founded in 2000 and is headquartered in New York City.

Does finance make good money?

Of course! Finance is one of the fastest growing areas of our economy. It’s also one of the most important because it helps businesses make money by investing in other companies.

Conclusions

I hope you enjoyed our guide to the best paying jobs for investment managers. In future articles, we will be looking more closely at these jobs and the skills that they demand, to give you a better idea of what they entail and what you should be looking for if you want to pursue one of them.

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