Portfolio Manager Demographics and Statistics [2024]: Number Of Portfolio Managers In The US (2024)

Table of Contents
Portfolio Manager gender statistics Portfolio Manager gender ratio Portfolio Manager gender pay gap Portfolio Manager gender ratio over time Portfolio Manager gender ratio by year Portfolio Manager related jobs gender ratio Portfolio Manager demographics by race Portfolio Manager Race Portfolio Manager race and ethnicity over time Portfolio Manager race and ethnicity by year Portfolio Manager wage gap by race Average portfolio manager age Portfolio Manager age by race and gender Portfolio Manager age breakdown Portfolio Manager age breakdown Portfolio Manager educational attainment Portfolio Managers by degree level Portfolio Manager Jobs You Might Like Portfolio Manager wage gap by degree level Portfolio Manager employment statistics Company size where portfolio managers work Portfolio Manager jobs by employer size Portfolio Manager jobs by company type Portfolio Manager jobs by sector Portfolio Manager jobs by industry Portfolio Manager industry statistics Portfolio Manager turnover and employment statistics Portfolio Manager unemployment rate over time Portfolio Manager unemployment rate by year Average portfolio manager tenure Portfolio Manager tenure statistics Portfolio Manager LGBT ratio compared to similar jobs Similar portfolio manager jobs LGBT demographics Foreign languages spoken by portfolio managers Portfolio Manager languages spoken Portfolio Manager Jobs Portfolio Manager location demographics Portfolio Manager jobs by state Portfolio Manager Demographics FAQs How many Portfolio Manager are there in the US? What percentage of Portfolio Managers are black? What race are most Portfolio Managers? Are Portfolio Manager jobs male - dominated? How old is the average Portfolio Manager? Search for portfolio manager jobs Related Jobs Demographics Portfolio Manager Related Hirings Portfolio Manager Related Jobs Portfolio Manager Jobs By Location FAQs References

Portfolio manager demographics research summary. Zippia estimates portfolio manager demographics and statistics in the United States by using a database of 30 million profiles. Our portfolio manager estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about portfolio managers after extensive research and analysis:

  • There are over 16,071 portfolio managers currently employed in the United States.
  • 33.4% of all portfolio managers are women, while 66.6% are men.
  • The average portfolio manager age is 45 years old.
  • The most common ethnicity of portfolio managers is White (63.6%), followed by Hispanic or Latino (14.4%), Asian (10.1%) and Black or African American (7.5%).
  • In 2022, women earned 88% of what men earned.
  • 11% of all portfolio managers are LGBT.
  • Portfolio managers are 48% more likely to work at private companies in comparison to public companies.

On This Page

Portfolio Manager demographics by:

  • Gender
  • Race
  • Age
  • Education
  • Statistics

Portfolio Manager gender statistics

33.4% of portfolio managers are women and 66.6% of portfolio managers are men.

  • Male, 66.6%
  • Female, 33.4%

Portfolio Manager gender ratio

GenderPercentages
Male66.6%
Female33.4%

Portfolio Manager gender pay gap

Women earn 88¢ for every $1 earned by men

Portfolio Manager Demographics and Statistics [2024]: Number Of Portfolio Managers In The US (1)Portfolio Manager Demographics and Statistics [2024]: Number Of Portfolio Managers In The US (2)

Male Income

$121,575

Portfolio Manager Demographics and Statistics [2024]: Number Of Portfolio Managers In The US (3)Portfolio Manager Demographics and Statistics [2024]: Number Of Portfolio Managers In The US (4)

Female Income

$106,428

Portfolio Manager gender ratio over time

This data breaks down the percentage of men and women in portfolio manager positions over time. Currently, 33.4% of portfolio managers are female.

Male

Female

100

%

80

%

60

%

40

%

20

%

%

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

Portfolio Manager gender ratio by year

YearMaleFemale
201068.72%31.28%
201168.71%31.29%
201269.89%30.11%
201368.17%31.83%
201468.79%31.21%
201569.02%30.98%
201668.84%31.16%
201770.14%29.86%
201867.82%32.18%
201966.41%33.59%
202066.95%33.05%
202166.64%33.36%

Portfolio Manager related jobs gender ratio

We compared portfolio managers with similar job titles to see how gender ratios vary. As you can see, general road foreman and plant superintendent have the biggest gender ratio gaps.

Job TitleMaleFemale
Executive Assistant/Human Resources7%93%
Office Manager Of Human Resources10%90%
Business Office Manager15%85%
Portfolio Manager67%33%
Maintenance Director97%3%
Plant Superintendent97%3%
General Road Foreman97%3%

Male

Female

100%

75%

50%

25%

0%

General Road Foreman

Plant Superintendent

Maintenance Director

Business Office Manager

Office Manager Of Human Resources

Executive Assistant/Human Resources

0%

25%

50%

75%

100%

Portfolio Manager demographics by race

The most common ethnicity among portfolio managers is White, which makes up 63.6% of all portfolio managers. Comparatively, 14.4% of portfolio managers are Hispanic or Latino and 10.1% of portfolio managers are Asian.

  • White, 63.6%
  • Hispanic or Latino, 14.4%
  • Asian, 10.1%
  • Black or African American, 7.5%
  • Unknown, 4.1%
  • American Indian and Alaska Native, 0.3%

Portfolio Manager Race

Portfolio Manager RacePercentages
White63.6%
Hispanic or Latino14.4%
Asian10.1%
Black or African American7.5%
Unknown4.1%
American Indian and Alaska Native0.3%

Portfolio Manager race and ethnicity over time

See how portfolio manager racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.

  • White
  • Asian
  • Hispanic or Latino
  • Black or African American

Portfolio Manager race and ethnicity by year

YearWhiteBlack or African AmericanAsianHispanic or Latino
201070.15%8.00%7.99%12.23%
201169.76%8.11%8.18%12.07%
201269.09%8.23%8.51%12.29%
201367.88%8.28%9.23%12.61%
201467.99%7.91%8.96%13.44%
201567.84%7.98%9.05%13.22%
201667.78%7.71%9.38%13.15%
201767.05%7.74%9.51%13.54%
201867.30%7.31%9.64%13.75%
201967.49%7.16%9.66%13.77%
202065.41%7.02%9.81%13.92%
202163.57%7.52%10.09%14.38%

Portfolio Manager wage gap by race

According to our data, asian portfolio managers have the highest average salary compared to other ethnicities. Black or african american portfolio managers have the lowest average salary at $111,946.

$137,000

$132,000

$127,000

$122,000

$117,000

$112,000

$107,000

Unknown

White

Black or African American

Asian

Hispanic or Latino

EthnicitySalary
Unknown$123,267
White$123,173
Black or African American$111,946
Asian$131,966
Hispanic or Latino$118,412

How Much Do Portfolio Manager Make?

Average portfolio manager age

See how the average age of portfolio managers varies based on ethnicity and gender.

Male

Female

Portfolio Manager age by race and gender

RaceMale AgeFemale Age
Black or African American4547
Unknown4145.5
Asian4244
Hispanic or Latino4042
White4549
American Indian and Alaska Native44.5

Portfolio Manager age breakdown

The average age of portfolio managers is 40+ years years old, representing 68% of the portfolio manager population.

40+ years

30-40 years

20-30 years


Portfolio Manager age breakdown

Portfolio Manager YearsPercentages
40+ years68%
30-40 years26%
20-30 years6%

Portfolio Manager educational attainment

The most common degree for portfolio managers is bachelor's degree, with 71% of portfolio managers earning that degree. The second and third most common degree levels are master's degree degree at 19% and master's degree degree at 6%.

  • Bachelor's, 71%
  • Master's, 19%
  • Associate, 6%
  • High School Diploma, 2%
  • Other Degrees, 2%

Portfolio Managers by degree level

Portfolio Manager DegreePercentages
Bachelor's71%
Master's19%
Associate6%
High School Diploma2%
Other Degrees2%

Portfolio Manager Jobs You Might Like

Portfolio Manager wage gap by degree level

According to the data, portfolio managers with a Doctorate degree earn more than those without, at $173,571 annually. With a Master's degree, portfolio managers earn a median annual income of $161,355 compared to $132,221 for portfolio managers with an Bachelor's degree.

$177,000

$161,000

$145,000

$129,000

$113,000

$97,000

$81,000

Master's Degree

High School Diploma or Less

Bachelor's Degree

Doctorate Degree

Some College/ Associate Degree

EducationSalary
Master's Degree$161,355
High School Diploma or Less$96,417
Bachelor's Degree$132,221
Doctorate Degree$173,571
Some College/ Associate Degree$96,398

Learn More About Portfolio Manager Required Education

Portfolio Manager employment statistics

Most portfolio managers work for a private in the finance industry.

Company size where portfolio managers work

Below, you can see the size of companies where portfolio managers work.

< 50 employees

50 - 100 employees

100 - 500 employees

500 - 1,000 employees

1,000 - 10,000 employees

> 10,000

Portfolio Manager jobs by employer size

Company SizePercentages
< 50 employees5%
50 - 100 employees13%
100 - 500 employees16%
500 - 1,000 employees5%
1,000 - 10,000 employees23%
> 10,000 employees39%

Portfolio Manager jobs by company type

Employees with the portfolio manager job title have their preferences when it comes to working for a company. For instance, most portfolio managers prefer to work at private companies over public companies.

Education

Public

Private

Government

Portfolio Manager jobs by sector

Company TypePercentages
Education3%
Public47%
Private48%
Government2%

Portfolio Manager jobs by industry

The most common industries for portfolio managers are finance, technology and real estate.

Finance

Fortune 500

Technology

Real Estate

Professional

Show More

Portfolio Manager industry statistics

IndustryPercentages
Finance32%
Fortune 50020%
Technology8%
Real Estate6%
Professional4%
Manufacturing3%
Insurance3%
Media2%
Government2%
Automotive2%
Construction2%
Health Care2%
Retail2%
Telecommunication2%
Education2%
Energy2%
Pharmaceutical1%
Internet1%
Hospitality1%
Transportation1%
Utilities1%
Start-up1%
Non Profits1%

Portfolio Manager turnover and employment statistics

Portfolio Manager unemployment rate over time

The unemployment rate for portfolio managers between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.

  • Unemployment rate

Portfolio Manager unemployment rate by year

YearPortfolio Manager Unemployment Rate
20105.13%
20114.53%
20124.16%
20133.12%
20142.76%
20152.14%
20161.85%
20171.83%
20181.89%
20191.68%
20202.20%
20212.52%

Average portfolio manager tenure

The average portfolio manager stays at their job for 1-2 years, based on the 9,781 portfolio managers resumes in Zippia's database.

Less than one year

1-2 years

3-4 years

5-7 years

8-10 years

11+ years

Portfolio Manager tenure statistics

Number of yearsPercentages
Less than 1 year13%
1-2 years37%
3-4 years18%
5-7 years16%
8-10 years7%
11+ years10%

Portfolio Manager LGBT ratio compared to similar jobs

Review the percent of portfolio managers that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.

Job TitleLGBTJob Openings
Corporate Services Manager4.78%88,723
Traffic Superintendent5.19%12,842
Portfolio Manager10.51%-
Information Technology Supervisor, Information Technology11.01%75,914
Manager Of Purchasing & Materials11.39%23,173
Organizational Development Manager17.60%70,585
Human Resources Recruiter/Manager17.78%75,365

Similar portfolio manager jobs LGBT demographics

ProfessionPercentages of LGBT Job Openings
Corporate Services Manager4.78%88,723
Traffic Superintendent5.19%12,842
Information Technology Supervisor, Information Technology11.01%75,914
11.39%23,173
Organizational Development Manager17.60%70,585
Human Resources Recruiter/Manager17.78%75,365

Foreign languages spoken by portfolio managers

The most common foreign language among portfolio managers is Spanish at 38.0%. The second-most popular foreign language spoken is French at 12.8% and Chinese is the third-most popular at 7.8%.

  • Spanish, 38.0%
  • French, 12.8%
  • Chinese, 7.8%
  • Mandarin, 7.3%
  • Portuguese, 5.5%
  • Other, 28.6%

Portfolio Manager languages spoken

Foreign LanguagePercentages
Spanish38.0%
French12.8%
Chinese7.8%
Mandarin7.3%
Portuguese5.5%
Other28.6%

Portfolio Manager Jobs

Portfolio Manager location demographics

The amount you can make as a portfolio manager can depend on where you live. For example, the highest salary of portfolio managers is $187,555. Use our chart to find out where that salary is located.

Where do portfolio managers earn the most?

Portfolio managers earn the most in Connecticut, where the average portfolio manager salary is $138,687. The map here shows where portfolio managers earn the highest salaries in the U.S. The darker areas across the 50 states highlight the highest salaries.

Average Salary

Portfolio Manager Demographics and Statistics [2024]: Number Of Portfolio Managers In The US (5)

Which city has the most Portfolio Managers?

By looking through more than 9,781 resumes, we found that the most popular places for portfolio managers are New York, NY and Chicago, IL.

Number of Portfolio Managers

Portfolio Manager Demographics and Statistics [2024]: Number Of Portfolio Managers In The US (6)

Portfolio Manager jobs by state

RankStateNumber of JobsAverage Salary
1California2,249$118,488
2New York1,029$137,569
3Texas979$101,826
4Illinois846$106,128
5Florida745$90,005
6Pennsylvania546$111,518
7Virginia544$105,474
8Massachusetts532$122,718
9Georgia521$94,793
10North Carolina518$98,087
11Washington476$100,938
12Ohio450$104,780
13New Jersey426$123,862
14Arizona390$106,298
15Maryland379$108,647
16Colorado357$79,937
17Minnesota352$90,612
18Missouri288$88,957
19Michigan273$103,500
20Indiana238$91,017
21Tennessee220$98,002
22Connecticut216$138,687
23Wisconsin201$93,464
24Oregon198$93,473
25District of Columbia177$119,209
26Iowa156$85,589
27Utah151$83,316
28Alabama144$87,459
29South Carolina136$88,278
30Kentucky131$96,591
31Nevada106$98,283
32Louisiana103$120,588
33Kansas100$81,882
34Arkansas86$94,235
35Oklahoma82$86,855
36Nebraska74$81,198
37Delaware69$107,971
38New Hampshire60$105,079
39New Mexico53$97,865
40Mississippi53$90,564
41Montana49$93,360
42Hawaii48$109,245
43Rhode Island45$119,876
44Idaho44$84,204
45West Virginia35$109,713
46Maine34$107,758
47Alaska26$125,321
48Vermont26$102,591
49North Dakota16$101,821
50Wyoming15$87,084
51South Dakota14$91,077

Where are portfolio managers in high demand?

Portfolio managers are in high demand in New York, NY. There are currently 95 job openings for portfolio managers here. We looked over job openings to determine where in the country portfolio managers are in the most demand.

Jobs Openings

Portfolio Manager Demographics and Statistics [2024]: Number Of Portfolio Managers In The US (7)

Portfolio Manager Demographics FAQs

Have more questions?

See all answers to common executive management questions.

Search for portfolio manager jobs

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Updated April 5, 2024

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Portfolio Manager Demographics and Statistics [2024]: Number Of Portfolio Managers In The US (2024)

FAQs

Portfolio Manager Demographics and Statistics [2024]: Number Of Portfolio Managers In The US? ›

Portfolio manager demographics research summary.

What is the projected growth of a portfolio manager? ›

What is the Job Outlook For This Career? Employment for all financial analysts, a field that includes portfolio managers, is projected to increase 6% from 2020-2030, which is lower than the 8% increase projected across all other industries, according to the BLS.

What is the average age of a portfolio manager? ›

It's fair to say that portfolio management is not a young person's game and is dominated by veterans, most of whom are men. To that point, of the 15,000 portfolio managers tracked by Citywire, the average age is 49 and 89 percent are men.

What is the average age of asset managers? ›

The average age of asset managers is 40+ years years old, representing 68% of the asset manager population.

What is the average income of a portfolio manager? ›

Portfolio Manager Salary
Annual SalaryMonthly Pay
Top Earners$153,500$12,791
75th Percentile$130,000$10,833
Average$100,458$8,371
25th Percentile$65,500$5,458

What is the highest salary for a portfolio manager? ›

Portfolio Manager salary in India ranges between ₹ 3.0 Lakhs to ₹ 35.1 Lakhs with an average annual salary of ₹ 12.3 Lakhs. Salary estimates are based on 3k latest salaries received from Portfolio Managers.

What is the growth rate of investment fund managers? ›

Vacancies for this career have increased by 32.37 percent nationwide in that time, with an average growth of 2.02 percent per year. Demand for Investment Fund Managers is expected to go up, with an expected 152,930 new jobs filled by 2029. This represents an annual increase of 2.60 percent over the next few years.

What are the demographics of a portfolio manager? ›

Portfolio Manager demographics by race

The most common ethnicity among portfolio managers is White, which makes up 63.6% of all portfolio managers. Comparatively, 14.4% of portfolio managers are Hispanic or Latino and 10.1% of portfolio managers are Asian.

Are portfolio managers wealthy? ›

The average annual base salary for a portfolio manager in the U.S., as of December 2023, was $128,350, according to Glassdoor.

What is the minimum net worth of portfolio manager? ›

The portfolio management company must have a net worth of at least Rs. 5 crore. The portfolio management company must have a clause in their MoA (Memorandum of Agreement) that the company can undertake PMS business.

Who are the big three asset managers? ›

Within the world of corporate governance, there has hardly been a more important recent development than the rise of the 'Big Three' asset managers—Vanguard, State Street Global Advisors, and BlackRock.

How prestigious is asset management? ›

Although it may not have quite the cachet of investment banking, asset management is still one of the most prestigious and desirable areas in finance.

How many hours a week do asset managers work? ›

Asset managers can work up to 50 hours a week, while investment bankers are likely to work from 60 to 70 hours a week. Investment bankers and asset managers sometimes work weekends, depending on their workloads.

Can a portfolio manager make millions? ›

Compensation spans a huge range at this level because it's linked almost 100% to performance. We gave a range of $500K to $3 million USD in the hedge fund career path article for the “average” PM, with median pay in the high-six-figure-to-low-seven-figure range.

How stressful is being a portfolio manager? ›

Long hours, intense competition, divorce, stress, and even substance abuse – these are some of the issues that can typically affect portfolio managers. In the office, they face volatile global markets, increased regulation, and client demands; outside, they're expected to be reliable spouses and good parents.

How much do portfolio managers make at Citadel? ›

How much does a Portfolio Manager make at Citadel in the United States? Average Citadel Portfolio Manager yearly pay in the United States is approximately $236,000, which is 157% above the national average.

What is the future of portfolio management? ›

The future of strategic portfolio management in 2024 is characterised by a heightened reliance on advanced analytics, AI, agile planning, robust financial management, efficient capacity planning, and comprehensive risk management, all while integrating sustainability into core strategies.

What is future value in portfolio management? ›

Future value (FV) is the value of a current asset at a future date based on an assumed growth rate. Investors and financial planners use it to estimate how much an investment today will be worth in the future. External factors such as inflation can adversely affect an asset's future value.

What is the projected job growth for a project manager? ›

Job Outlook

Employment of project management specialists is projected to grow 6 percent from 2022 to 2032, faster than the average for all occupations. About 68,100 openings for project management specialists are projected each year, on average, over the decade.

What is the growth potential for a financial manager? ›

Job Outlook

Employment of financial managers is projected to grow 16 percent from 2022 to 2032, much faster than the average for all occupations. About 69,600 openings for financial managers are projected each year, on average, over the decade.

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