| View Related Salaries: |
What does a Portfolio Manager earn?
Portfolio Managers typically earn an average yearly salary of £39,300 in the UK. They work with both private clients and organisations, providing strategies and advice on managing and maintaining investment portfolios. In addition, they may specialise in a particular area such as investment banking, financial risk management, or derivatives trading.
How to earn more as a Portfolio Manager
To become a Portfolio Manager, you will need a degree in finance or economics. Alternatively, you can opt for a degree apprenticeship. To increase your earnings as a Portfolio Manager, broaden your knowledge and gain some specialised qualifications, such as the Chartered Financial Analyst (CFA) accreditation, the Investment Management Certificate (IMC) or the Fund Management Certification (FMC). Alternatively, you can move into management and oversee larger investments for private clients. The best paid Portfolio Managers can make over £72,500 a year.
Min: £22,500.00 Max: £72,500.00
Average Portfolio Manager Salary in UK : £39,313.15
Read about Portfolio Manager salaries, related jobs and salary information across the UK
Portfolio Manager Salary data from the ONS
Minimum
Median
Maximum
Age Group
Recommended Portfolio Manager Jobs in UK
Salary by Region
Compare Portfolio Manager salaries across different regions
| Region | Salary |
|---|---|
| Scotland | £77,460.60 |
| Eastern | £30,500.00 |
| London | £60,358.91 |
| North East | £36,887.50 |
| North West | £34,770.27 |
| South East | £42,973.48 |
| South West | £39,508.42 |
| West Midlands | £43,980.92 |
| Yorkshire and the Humber | £20,629.58 |
Understanding the Average Portfolio Manager Salary in the UK
As a Portfolio Manager in the UK, it is important to have a clear understanding of the average salary in the industry. According to average Banking and Insurance salaries, the average salary for a Portfolio Manager in the UK is £39,300 per year. This figure can vary depending on factors such as experience, qualifications, and the size of the portfolio being managed.
Salary Expectations for Newly Qualified Portfolio Manager
If you are a newly qualified Portfolio Manager, it is essential to have realistic salary expectations. Entry-level positions may offer a starting salary of around £22,500 to £72,500 per year. However, as you gain experience and prove your capabilities, your earning potential will increase.
To explore job opportunities and find out more about the salary expectations for a Portfolio Manager in the UK, you can visit the job search section.
Salaries for Experienced Portfolio Manager
Experienced Portfolio Managers in the UK can expect higher salaries compared to their newly qualified counterparts. With a proven track record and a strong portfolio management skillset, you can earn a salary ranging from £22,500 to £72,500 per year. The exact figure will depend on factors such as the size and complexity of the portfolios you manage, as well as your level of expertise.
Creating a Portfolio Manager CV
When applying for a Portfolio Manager position, it is crucial to have a well-crafted CV that highlights your skills and experience. To help you create an impressive CV, you can use a CV template specifically designed for Portfolio Managers. This template will guide you in showcasing your qualifications, achievements, and relevant industry experience.
Career Development Opportunities for Portfolio Manager
As a Portfolio Manager in the UK, there are various career development opportunities available to help you progress in your profession. To explore these opportunities and gain valuable insights, you can refer to the career advice section. This resource provides guidance on the skills, qualifications, and steps you can take to advance your career as a Portfolio Manager.
Comprehensive Compensation for Portfolio Manager
Being a Portfolio Manager involves more than just a salary. In addition to your base pay, you may be eligible for comprehensive compensation packages that include bonuses, profit-sharing, and other incentives. These additional benefits can significantly enhance your overall earnings as a Portfolio Manager in the UK.
Strategies for Increasing Your Salary as a Portfolio Manager
If you aspire to increase your salary as a Portfolio Manager, there are several strategies you can employ. Continuously improving your skills, staying updated with industry trends, and taking on additional responsibilities can demonstrate your value to employers and potentially lead to salary advancements. Additionally, networking, building strong relationships, and seeking out new opportunities can also contribute to your salary growth.
Professional Development and Earnings
Investing in your professional development can have a direct impact on your earnings as a Portfolio Manager. By pursuing advanced certifications, attending industry conferences, and participating in relevant training programs, you can enhance your expertise and increase your market value. Employers often recognize and reward individuals who continuously strive for professional growth.
Capitalising on Extra Hours and Duties
As a Portfolio Manager, there may be opportunities to earn additional income by taking on extra hours or duties. Some firms offer overtime pay or performance-based incentives for exceeding targets or managing complex portfolios. By demonstrating your dedication and willingness to go the extra mile, you can potentially boost your salary and overall earnings.
