Portfolio Manager Trends (2024)

Portfolio manager job growth summary. After extensive research, interviews, and analysis, Zippia's data science team found that:

  • The projected portfolio manager job growth rate is 17% from 2018-2028.

  • About 123,100 new jobs for portfolio managers are projected over the next decade.

  • Portfolio manager salaries have increased 10% for portfolio managers in the last 5 years.

  • There are over 16,071 portfolio managers currently employed in the United States.

  • There are 43,192 active portfolio manager job openings in the US.

  • The average portfolio manager salary is $114,671.

Are portfolio manager jobs in demand?

Yes, portfolio manager jobs are in demand. Portfolio manager demand is projected to grow 17% from 2018 to 2028.

Portfolio Manager job and salary trends over time

Compare the number of portfolio manager jobs and the average portfolio manager salary over time.

Portfolio Manager jobs over time

Average portfolio manager salary over time

Portfolio Manager salary by year

YearAvg. SalaryHourly Rate% Change
2024$114,671$55.13+3.3%
2023$111,005$53.37+1.5%
2022$109,381$52.59+2.3%
2021$106,894$51.39+2.7%
2020$104,048$50.02+3.2%

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Top portfolio manager jobs near you

Portfolio Manager jobs by state

The map below shows you the number of portfolio manager job openings in each state. The darker areas on the map show where portfolio managers earn the highest salaries across all 50 states.

Average Salary: Job Openings:

Portfolio Manager Trends (1)

Most common states for portfolio managers

RankStatePopulation# of JobsEmployment/
1000ppl
1District of Columbia693,97217726%
2Massachusetts6,859,8195328%
3Illinois12,802,0238467%
4Delaware961,939697%
5California39,536,6532,2496%
6Virginia8,470,0205446%
7Washington7,405,7434766%
8Arizona7,016,2703906%
9Maryland6,052,1773796%
10Colorado5,607,1543576%
11Minnesota5,576,6063526%
12Connecticut3,588,1842166%
13New York19,849,3991,0295%
14Georgia10,429,3795215%
15North Carolina10,273,4195185%
16New Jersey9,005,6444265%
17Missouri6,113,5322885%
18Oregon4,142,7761985%
19Iowa3,145,7111565%
20Montana1,050,493495%

Most common cities for portfolio managers

RankCity# of JobsEmployment/
1000ppl
Avg. Salary
1Annapolis718%$109,316
2Atlanta235%$94,137
3Boston244%$124,463
4Hartford54%$142,835
5Lansing54%$103,022
6Springfield54%$101,200
7Stamford54%$141,864
8Tampa123%$92,498
9Des Moines52%$84,248
10Chicago181%$107,498
11Phoenix121%$107,461
12San Francisco101%$124,700
13Indianapolis91%$90,478
14Washington71%$120,629
15Denver61%$79,475
16Sacramento61%$122,872
17Minneapolis51%$90,721
18New York140%$141,272
19Los Angeles110%$120,262
20San Diego60%$119,470

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Portfolio Manager Trends (2024)

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