Portfolio Manager

Also called: Fund Manager, Money Manager

Decides what stocks, bonds or other investments to buy and sell for a mutual fund, pension or wealthy clients.

A day in the life

You read overnight news from Asia, meet your analysts about a company's earnings, decide to sell a position worth $80 million and explain your fund's performance to clients.

Pay over a career

Starting
$95k
Typical
$170k
High
$500k

BLS puts financial managers' median near $166k and top-codes high earners; portfolio managers at large funds often earn $500k to millions in bonuses.

Training

Bachelor's degree (4-year), about 10 years after high school. Bachelor's in finance or economics plus years as an analyst; the CFA charter is very common.

Ways in: 4-year college, Certification, Graduate school. Training cost: $15k – $60k.

Majors to look at: Finance, Economics, Mathematics.

Outlook

Growing much faster than average (about 10% over 10 years). Financial managers are projected to grow much faster than average.

Will it last? Our AI estimate

Medium risk for 10 years. Index funds and AI-driven quant funds keep taking money from active managers; fewer seats, though judgment and accountability remain.

Start now, in high school

Classes: AP Statistics, AP Macroeconomics, AP Calculus, Accounting.

Official data: O*NET occupation 11-3031.

More Asset & Wealth Management careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.