QandAs: Finance

What Does a Portfolio Manager Charge?

Answer:
In the asset management industry, portfolio

managers are some of the highest compensated employees. One salary survey shows the median salary for a typical portfolio manager in the United States is over $100,000.

Instead of commissions, a portfolio manager usually charges clients a management fee. The amount of this fee is a percentage of the client’s portfolio. Depending on the investment firm, these fees can vary. Many portfolio managers charge 1% to 2% of the portfolio and decrease this percent as the client’s portfolio increases in value.

When looking at fund investing, the most important factor to consider is the portfolio manager. Investors who want their financial assets managed by a professional need to find a great portfolio management service – with an excellent portfolio manager.